Boston Beer (NYSE:SAM) Stock Price Down 4.1% – What’s Next?
by Scott Moore · The Cerbat GemThe Boston Beer Company, Inc. (NYSE:SAM – Get Free Report)’s stock price traded down 4.1% during mid-day trading on Monday . The company traded as low as $247.56 and last traded at $246.6430. 8,927 shares traded hands during trading, a decline of 95% from the average session volume of 170,480 shares. The stock had previously closed at $257.21.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft decreased their target price on Boston Beer from $226.00 to $211.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Morgan Stanley decreased their target price on Boston Beer from $245.00 to $235.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 25th. UBS Group raised their price objective on Boston Beer from $230.00 to $250.00 and gave the company a “neutral” rating in a report on Tuesday, April 7th. Zacks Research lowered Boston Beer from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 24th. Finally, Weiss Ratings lowered Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, February 25th. Ten equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, Boston Beer currently has a consensus rating of “Reduce” and an average target price of $228.30.
Get Our Latest Stock Report on SAM
Boston Beer Trading Down 5.2%
The firm has a fifty day moving average price of $234.32 and a 200 day moving average price of $216.84. The firm has a market cap of $2.55 billion, a PE ratio of 25.01, a price-to-earnings-growth ratio of 2.82 and a beta of 0.90.
Boston Beer (NYSE:SAM – Get Free Report) last posted its quarterly earnings results on Tuesday, February 24th. The company reported ($2.12) EPS for the quarter, topping the consensus estimate of ($2.33) by $0.21. Boston Beer had a return on equity of 12.16% and a net margin of 5.20%.The business had revenue of $385.68 million for the quarter, compared to analyst estimates of $381.75 million. During the same quarter in the previous year, the firm earned ($1.68) EPS. The company’s quarterly revenue was down 4.1% compared to the same quarter last year. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. As a group, equities analysts predict that The Boston Beer Company, Inc. will post 9.29 earnings per share for the current year.
Institutional Trading of Boston Beer
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Boston Beer by 9.4% in the 4th quarter. Vanguard Group Inc. now owns 1,039,184 shares of the company’s stock valued at $202,776,000 after buying an additional 89,053 shares during the period. AQR Capital Management LLC grew its position in Boston Beer by 340.4% in the 3rd quarter. AQR Capital Management LLC now owns 647,060 shares of the company’s stock valued at $136,801,000 after acquiring an additional 500,120 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Boston Beer by 5.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 271,516 shares of the company’s stock valued at $52,981,000 after acquiring an additional 13,113 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Boston Beer by 1.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 265,779 shares of the company’s stock valued at $56,191,000 after acquiring an additional 3,336 shares in the last quarter. Finally, Gotham Asset Management LLC grew its position in Boston Beer by 16.7% in the 4th quarter. Gotham Asset Management LLC now owns 248,910 shares of the company’s stock valued at $48,570,000 after acquiring an additional 35,644 shares in the last quarter. 81.13% of the stock is currently owned by hedge funds and other institutional investors.
Boston Beer Company Profile
The Boston Beer Company, Inc (NYSE: SAM) is a leading craft brewer headquartered in Boston, Massachusetts. Since its founding in 1984 by Jim Koch, the company has focused on producing high-quality, distinctive beers and beverages for retail, on-premise, and distribution partners across the United States. Its operations include brewing, packaging, marketing and distribution, supported by a network of wholly owned brewing facilities and strategic partnerships with regional breweries.
Boston Beer’s flagship brand, Samuel Adams Boston Lager, helped establish the modern U.S.