The Boston Beer Company, Inc. (NYSE:SAM) Given Consensus Recommendation of “Reduce” by Analysts

The Boston Beer Company, Inc. (NYSE:SAM) has been assigned an average rating of “Reduce” from the thirteen ratings firms that are covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell rating and ten have issued a hold rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $233.31.

Several brokerages have recently issued reports on SAM. Royal Bank Of Canada reissued a “sector perform” rating and issued a $245.00 price objective on shares of Boston Beer in a report on Friday, February 20th. Citigroup boosted their price target on Boston Beer from $220.00 to $230.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Zacks Research lowered shares of Boston Beer from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 24th. Morgan Stanley decreased their target price on shares of Boston Beer from $245.00 to $235.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 25th. Finally, UBS Group lowered their price target on shares of Boston Beer from $234.00 to $230.00 and set a “neutral” rating on the stock in a report on Monday, February 23rd.

Boston Beer Price Performance

NYSE:SAM opened at $230.30 on Friday. The company’s fifty day moving average price is $228.71 and its 200-day moving average price is $215.15. Boston Beer has a 1-year low of $185.34 and a 1-year high of $260.00. The firm has a market capitalization of $2.41 billion, a P/E ratio of 23.64, a PEG ratio of 2.51 and a beta of 1.00.

Boston Beer (NYSE:SAM) last posted its earnings results on Tuesday, February 24th. The company reported ($2.12) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.33) by $0.21. The company had revenue of $385.68 million during the quarter, compared to the consensus estimate of $381.75 million. Boston Beer had a net margin of 5.20% and a return on equity of 12.16%. The firm’s quarterly revenue was down 4.1% on a year-over-year basis. During the same period in the previous year, the firm posted ($1.68) earnings per share. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. Equities analysts anticipate that Boston Beer will post 9.29 EPS for the current fiscal year.

Institutional Investors Weigh In On Boston Beer

A number of institutional investors have recently modified their holdings of the business. Calamos Advisors LLC increased its position in shares of Boston Beer by 12.1% in the third quarter. Calamos Advisors LLC now owns 65,364 shares of the company’s stock valued at $13,819,000 after buying an additional 7,035 shares in the last quarter. Savoir Faire Capital Management L.P. lifted its position in shares of Boston Beer by 28.4% during the 3rd quarter. Savoir Faire Capital Management L.P. now owns 38,825 shares of the company’s stock valued at $8,208,000 after buying an additional 8,585 shares in the last quarter. Savant Capital LLC purchased a new position in shares of Boston Beer during the 3rd quarter valued at approximately $2,030,000. American Century Companies Inc. grew its stake in Boston Beer by 35.7% in the 3rd quarter. American Century Companies Inc. now owns 123,034 shares of the company’s stock valued at $26,012,000 after acquiring an additional 32,382 shares during the period. Finally, SG Americas Securities LLC increased its holdings in Boston Beer by 835.1% in the 3rd quarter. SG Americas Securities LLC now owns 5,667 shares of the company’s stock worth $1,198,000 after acquiring an additional 5,061 shares in the last quarter. 81.13% of the stock is currently owned by institutional investors and hedge funds.

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.