Should I buy or sell Boston Beer stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Boston Beer in the last year. There are currently 2 sell ratings, 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SAM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SAM, but not buy additional shares or sell existing shares. View SAM analyst ratings or view top-rated stocks .

What is Boston Beer's stock price target for 2024?

14 Wall Street analysts have issued twelve-month target prices for Boston Beer's stock. Their SAM share price targets range from $250.00 to $422.00. On average, they expect the company's share price to reach $334.86 in the next year. This suggests a possible upside of 16.7% from the stock's current price. View analysts price targets for SAM or view top-rated stocks among Wall Street analysts .

How have SAM shares performed in 2024?

Boston Beer's stock was trading at $345.59 on January 1st, 2024. Since then, SAM shares have decreased by 17.0% and is now trading at $286.98. View the best growth stocks for 2024 here .

When is Boston Beer's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our SAM earnings forecast .

How were Boston Beer's earnings last quarter?

The Boston Beer Company, Inc. (NYSE:SAM) posted its earnings results on Tuesday, February, 27th. The company reported ($1.49) EPS for the quarter, missing analysts' consensus estimates of ($0.22) by $1.27. The company had revenue of $393.72 million for the quarter, compared to analyst estimates of $413.57 million. Boston Beer had a net margin of 3.61% and a trailing twelve-month return on equity of 8.13%. Boston Beer's revenue for the quarter was down 12.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.93) EPS.

What ETFs hold Boston Beer's stock?

ETFs with the largest weight of Boston Beer (NYSE:SAM) stock in their portfolio include B.A.D. Etf (BAD) , Invesco Food & Beverage ETF (PBJ) , VanEck Morningstar SMID Moat ETF (SMOT) , American CenturyFocused Dynamic Growth ETF (FDG) , Natixis U.S. Equity Opportunities ETF (EQOP) . iShares U.S. Consumer Staples ETF (IYK) and

What guidance has Boston Beer issued on next quarter's earnings?

Boston Beer issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of 7.000-11.000 for the period, compared to the consensus EPS estimate of 11.390. The company issued revenue guidance of -.

What is Dave Burwick's approval rating as Boston Beer's CEO?

34 employees have rated Boston Beer Chief Executive Officer Dave Burwick on Glassdoor.com . Dave Burwick has an approval rating of 100% among the company's employees. This puts Dave Burwick in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Boston Beer own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Boston Beer investors own include NVIDIA (NVDA) , Netflix (NFLX) , AutoZone (AZO) , Chipotle Mexican Grill (CMG) , Tesla (TSLA) , BlackRock (BLK) , Walt Disney (DIS) , Intuitive Surgical (ISRG) , Mastercard (MA) and Boeing (BA) .

Who are Boston Beer's major shareholders?

Boston Beer's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Centre Asset Management LLC (0.22%), Allspring Global Investments Holdings LLC (0.15%), Los Angeles Capital Management LLC (0.12%), Cardinal Capital Management (0.03%), NBC Securities Inc. (0.02%) and Diversified Investment Strategies LLC (0.01%). Insiders that own company stock include Annette N Fritsch , Bryant R Riley, C James Koch , Carolyn L O'boyle , Cormorant Asset Management, Lp, David A Burwick , David L Grinnell , John C Geist , Mark A Turner, Quincy B Troupe and Samuel A Calagione III . View institutional ownership trends .

How do I buy shares of Boston Beer?

Shares of SAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Boston Beer have any subsidiaries?

The following companies are subsidiares of Boston Beer: A&S Brewing Collaborative LLC, American Craft Brewery LLC, American Fermentation Company LLC, Angry Orchard Cider Company LLC, Boston Beer Corporation, Boston Beer Corporation Canada Inc., Boston Brewing Company Inc., Canoe Acquisition Corp., Dogfish CVI LLC, Dogfish Head Brewery, Dogfish Head Companies LLC, Dogfish Head Craft Brewery LLC, Dogfish Head LLC, Dogfish Head Land Holdings LLC, Dogfish Head MTSpace LLC, Dogfish Head Marketing LLC, Dogfish Inn LLC, Dogfish Properties LLC, Freetown Acquisition Company LLC, Hard Seltzer Beverage Company LLC, Lazy River Cider Co. LLC, Marathon Brewing Company LLC, Off Centered Way LLC, Providence Street Associates LLC, SABC Realty Ltd., and TM on Hold LLC. Read More

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NYSE:SAM

Boston Beer (SAM) Stock Price, News & Analysis

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$286.98

+2.11 (+0.74%)

(As of 04/19/2024 ET)

Compare

Today's Range: $284.11
▼
$290.00
50-Day Range: $274.76
▼
$370.32
52-Week Range: $274.78
▼
$395.52

Volume: 136,309 shs
Average Volume: 139,744 shs
Market Capitalization: $3.45 billion

P/E Ratio: 46.29
Dividend Yield: N/A
Price Target: $334.86

Get Boston Beer alerts:

Boston Beer MarketRank™ Stock Analysis

Analyst Rating: Hold
2.07 Rating Score
Upside/Downside: 16.7% Upside
$334.86 Price Target
Short Interest: Healthy
2.73% of Float Sold Short
Dividend Strength: N/A
Sustainability: -2.52
Upright™ Environmental Score
News Sentiment: -0.17
Based on 11 Articles This Week
Insider Trading: Selling Shares
$66,426 Sold Last Quarter
Proj. Earnings Growth: 21.54%
From $9.98 to $12.13 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.26 out of 5 stars

Consumer Staples Sector

34th out of 139 stocks

Malt Beverages Industry

1st out of 4 stocks

3.0

Analyst's Opinion

Consensus Rating
Boston Beer has received a consensus rating of Hold. The company's average rating score is 2.07, and is based on 3 buy ratings, 9 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
Boston Beer has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
2.73% of the float of Boston Beer has been sold short.
Short Interest Ratio / Days to Cover
Boston Beer has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Boston Beer has recently decreased by 14.39%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Boston Beer does not currently pay a dividend.
Dividend Growth
Boston Beer does not have a long track record of dividend growth.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Boston Beer has received a -202.82% net impact score from Upright. The largest negative impact of Boston Beer in category "Physical diseases" seems to be driven mostly by its "Beer in a glass bottle made of virgin materials", "Beer in a can made of virgin materials", and "Vodka-based premixed drinks" products. See details.
Environmental Sustainability
The Environmental Impact score for Boston Beer is -2.52.

1.0

News and Social Media Coverage

News Sentiment
Boston Beer has a news sentiment score of -0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for Boston Beer this week, compared to 7 articles on an average week.
Search Interest
Only 8 people have searched for SAM on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Boston Beer to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Boston Beer insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $66,426.00 in company stock.
Percentage Held by Insiders
23.30% of the stock of Boston Beer is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
81.13% of the stock of Boston Beer is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Boston Beer are expected to grow by 21.54% in the coming year, from $9.98 to $12.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Boston Beer is 46.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.59.
Price to Earnings Ratio vs. Sector
The P/E ratio of Boston Beer is 46.29, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.80.
Price to Earnings Growth Ratio
Boston Beer has a PEG Ratio of 1.14. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Boston Beer has a P/B Ratio of 3.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Boston Beer Stock (NYSE:SAM)

The Boston Beer Company, Inc produces and sells alcohol beverages primarily in the United States. The company's flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, Angel City, and Coney Island brand names. The company markets and sells its products to a network wholesaler in the United States, as well as wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores, club stores, convenience stores, liquor stores, bars, restaurants, stadiums, and other e-commerce retail outlets. It sells its products in Canada, Europe, Israel, Australia, New Zealand, the Caribbean, the Pacific Rim, Mexico, and Central and South America. The Boston Beer Company, Inc. was founded in 1984 and is based in Boston, Massachusetts.

SAM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SAM Stock News Headlines

April 3, 2024 | insidertrades.com

The Boston Beer Company, Inc. (NYSE:SAM) Insider Carolyn L. O'boyle Sells 101 Shares

April 19, 2024 | globenewswire.com

The Boston Beer Company Debuts First-of-its-Kind Non-Alc Beverage, General Admission, Available Now via Direct-to-Consumer Shipping

April 20, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 19, 2024 | markets.businessinsider.com

RBC Capital Sticks to Its Hold Rating for Boston Beer (SAM)

April 18, 2024 | msn.com

Massive new beer hall opening in Boston suburb reveals detailed look inside venue

April 17, 2024 | forbes.com

These Are America’s Top 50 Producing Craft Breweries For 2023

April 17, 2024 | americanbankingnews.com

Boston Beer (NYSE:SAM) Price Target Cut to $315.00 by Analysts at Citigroup

April 16, 2024 | finance.yahoo.com

The Boston Beer Company, Inc.'s (NYSE:SAM) latest 5.4% decline adds to one-year losses, institutional investors may consider drastic measures

April 20, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 16, 2024 | globenewswire.com

Dogfish Head Expands Distribution of Spirits-Based RTD Cocktails to Western Canada

April 15, 2024 | prnewswire.com

TeaPot Releases New 'Good Evening Iced Tea' in Blackberry Rooibos

April 14, 2024 | americanbankingnews.com

Boston Beer (NYSE:SAM) Hits New 52-Week Low at $285.07

April 12, 2024 | msn.com

Boston Marathon Expo kicks off for athletes, fans

April 11, 2024 | msn.com

Bank of America Boston Marathon Expo, DICK's Fan Fest and Sam Adams Pub Run

April 10, 2024 | americanbankingnews.com

Boston Beer (NYSE:SAM) Given New $250.00 Price Target at The Goldman Sachs Group

April 9, 2024 | markets.businessinsider.com

A Closer Look at 9 Analyst Recommendations For Boston Beer Co

April 9, 2024 | globenewswire.com

Jim Beam Kentucky Coolers Welcomes Fresh Wave of Flavor with Four New Varieties

April 7, 2024 | msn.com

Samuel Adams at 40: Pursuing a better beer for passionate beer drinkers

April 4, 2024 | msn.com

Nonalcoholic beer is better than ever. These are our top picks.

April 2, 2024 | finance.yahoo.com

Are Investors Undervaluing The Boston Beer Company, Inc. (NYSE:SAM) By 44%?

April 2, 2024 | globenewswire.com

TWISTED TEA HARD ICED TEA UNVEILS GAME-CHANGING TWIST FOR GOLFERS: CHEATER PANTS

March 29, 2024 | msn.com

Texas loves beer, here’s our #1 choice

March 28, 2024 | msn.com

Here’s the Boston Calling 2024 food and drink lineup

March 28, 2024 | globenewswire.com

Samuel Adams Brewing the American Dream® Announces Funkytown Collaboration Brew as Applications Open for the 13th Brewing & Business Experienceship

March 28, 2024 | fool.com

Should You Buy Boston Beer Stock on the Dip?

March 22, 2024 | markets.businessinsider.com

A Closer Look at 8 Analyst Recommendations For Boston Beer Co

March 21, 2024 | finance.yahoo.com

Dogfish Head Craft Brewery to Launch Sippin’ & Flippin’ Giveaway, Winner to Receive All-Expenses Paid Trip to a Concert of Their Choice

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/19/2024
Next Earnings (Estimated): 4/25/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Staples
Industry: Malt beverages
Sub-Industry: Brewers
Current Symbol: NYSE:SAM
CUSIP: 10055710
CIK: 949870
Web: www.bostonbeer.com
Phone: (617) 368-5000
Fax: 617-368-5500
Employees: 2,793
Year Founded: 1984

Price Target and Rating

Average Stock Price Target: $334.86
High Stock Price Target: $422.00
Low Stock Price Target: $250.00
Potential Upside/Downside: +16.7%
Consensus Rating: Hold
Rating Score (0-4): 2.07
Research Coverage: 14 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.20
Trailing P/E Ratio: 46.29
Forward P/E Ratio: 28.76
P/E Growth: 1.14
Net Income: $76.25 million
Net Margins: 3.61%
Pretax Margin: 5.46%
Return on Equity: 8.13%
Return on Assets: 6.04%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.26
Quick Ratio: 1.74

Sales & Book Value

Annual Sales: $2.01 billion
Price / Sales: 1.72
Cash Flow: $16.31 per share
Price / Cash Flow: 17.60
Book Value: $89.07 per share
Price / Book: 3.22

Miscellaneous

Outstanding Shares: 12,020,000
Free Float: 9,223,000
Market Cap: $3.45 billion
Optionable: Optionable
Beta: 1.02

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Key Executives

Mr. C. James Koch (Age 74)
Founder & Chairman of the Board
Comp: $943.06k
Mr. Philip A. Hodges (Age 58)
Chief Supply Chain Officer
Comp: $1.45M
Ms. Tara L. Heath (Age 49)
Chief Legal Officer & General Counsel
Mr. Michael R. Crowley (Age 54)
Chief Sales Officer
Ms. Carolyn L. O'Boyle (Age 45)
Chief People Officer
Comp: $637.37k
Mr. Paul Weaver
Director & Head of Cannabis
Mr. Michael G. Andrews
Associate General Counsel & Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SAM Stock Analysis - Frequently Asked Questions

Should I buy or sell Boston Beer stock right now?: 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Boston Beer in the last year. There are currently 2 sell ratings, 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SAM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SAM, but not buy additional shares or sell existing shares.
View SAM analyst ratings or view top-rated stocks.
What is Boston Beer's stock price target for 2024?: 14 Wall Street analysts have issued twelve-month target prices for Boston Beer's stock. Their SAM share price targets range from $250.00 to $422.00. On average, they expect the company's share price to reach $334.86 in the next year. This suggests a possible upside of 16.7% from the stock's current price.
View analysts price targets for SAM or view top-rated stocks among Wall Street analysts.
How have SAM shares performed in 2024?: Boston Beer's stock was trading at $345.59 on January 1st, 2024. Since then, SAM shares have decreased by 17.0% and is now trading at $286.98.
View the best growth stocks for 2024 here.
When is Boston Beer's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our SAM earnings forecast.
How were Boston Beer's earnings last quarter?: The Boston Beer Company, Inc. (NYSE:SAM) posted its earnings results on Tuesday, February, 27th. The company reported ($1.49) EPS for the quarter, missing analysts' consensus estimates of ($0.22) by $1.27. The company had revenue of $393.72 million for the quarter, compared to analyst estimates of $413.57 million. Boston Beer had a net margin of 3.61% and a trailing twelve-month return on equity of 8.13%. Boston Beer's revenue for the quarter was down 12.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.93) EPS.
What ETFs hold Boston Beer's stock?: ETFs with the largest weight of Boston Beer (NYSE:SAM) stock in their portfolio include B.A.D. Etf (BAD), Invesco Food & Beverage ETF (PBJ), VanEck Morningstar SMID Moat ETF (SMOT), American CenturyFocused Dynamic Growth ETF (FDG), Natixis U.S. Equity Opportunities ETF (EQOP).iShares U.S. Consumer Staples ETF (IYK) and

What guidance has Boston Beer issued on next quarter's earnings?: Boston Beer issued an update on its FY 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of 7.000-11.000 for the period, compared to the consensus EPS estimate of 11.390. The company issued revenue guidance of -.
What is Dave Burwick's approval rating as Boston Beer's CEO?: 34 employees have rated Boston Beer Chief Executive Officer Dave Burwick on Glassdoor.com. Dave Burwick has an approval rating of 100% among the company's employees. This puts Dave Burwick in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Boston Beer own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Boston Beer investors own include NVIDIA (NVDA), Netflix (NFLX), AutoZone (AZO), Chipotle Mexican Grill (CMG), Tesla (TSLA), BlackRock (BLK), Walt Disney (DIS), Intuitive Surgical (ISRG), Mastercard (MA) and Boeing (BA).
Who are Boston Beer's major shareholders?: Boston Beer's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Centre Asset Management LLC (0.22%), Allspring Global Investments Holdings LLC (0.15%), Los Angeles Capital Management LLC (0.12%), Cardinal Capital Management (0.03%), NBC Securities Inc. (0.02%) and Diversified Investment Strategies LLC (0.01%). Insiders that own company stock include Annette N Fritsch, Bryant R Riley, C James Koch, Carolyn L O'boyle, Cormorant Asset Management, Lp, David A Burwick, David L Grinnell, John C Geist, Mark A Turner, Quincy B Troupe and Samuel A Calagione III.
View institutional ownership trends.
How do I buy shares of Boston Beer?: Shares of SAM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Boston Beer have any subsidiaries?: The following companies are subsidiares of Boston Beer: A&S Brewing Collaborative LLC, American Craft Brewery LLC, American Fermentation Company LLC, Angry Orchard Cider Company LLC, Boston Beer Corporation, Boston Beer Corporation Canada Inc., Boston Brewing Company Inc., Canoe Acquisition Corp., Dogfish CVI LLC, Dogfish Head Brewery, Dogfish Head Companies LLC, Dogfish Head Craft Brewery LLC, Dogfish Head LLC, Dogfish Head Land Holdings LLC, Dogfish Head MTSpace LLC, Dogfish Head Marketing LLC, Dogfish Inn LLC, Dogfish Properties LLC, Freetown Acquisition Company LLC, Hard Seltzer Beverage Company LLC, Lazy River Cider Co. LLC, Marathon Brewing Company LLC, Off Centered Way LLC, Providence Street Associates LLC, SABC Realty Ltd., and TM on Hold LLC.
Read More

This page (NYSE:SAM) was last updated on 4/20/2024 by MarketBeat.com Staff

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