UBS Group Issues Positive Forecast for Boston Beer (NYSE:SAM) Stock Price

Boston Beer (NYSE:SAM) had its target price increased by UBS Group from $230.00 to $250.00 in a research report sent to investors on Tuesday morning,Benzinga reports. They currently have a neutral rating on the stock.

Several other research firms have also issued reports on SAM. Morgan Stanley lowered their price target on shares of 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. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Boston Beer from $226.00 to $211.00 and set a “hold” rating on the stock in a research report on Monday, March 30th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $245.00 price target on shares of Boston Beer in a research report on Friday, February 20th. Wall Street Zen lowered shares of Boston Beer from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Weiss Ratings lowered Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, February 25th. Ten investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $228.30.

Boston Beer Price Performance

Shares of SAM opened at $250.39 on Tuesday. The firm has a market cap of $2.62 billion, a PE ratio of 25.71, a PEG ratio of 2.64 and a beta of 0.90. The stock’s fifty day moving average price is $231.67 and its two-hundred day moving average price is $216.02. Boston Beer has a 1 year low of $185.34 and a 1 year high of $260.00.

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

Institutional Trading of Boston Beer

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Boston Beer by 9.4% during the 4th quarter. Vanguard Group Inc. now owns 1,039,184 shares of the company’s stock worth $202,776,000 after acquiring an additional 89,053 shares during the period. AQR Capital Management LLC increased its holdings in Boston Beer by 340.4% during the 3rd quarter. AQR Capital Management LLC now owns 647,060 shares of the company’s stock worth $136,801,000 after acquiring an additional 500,120 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in Boston Beer by 5.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 271,516 shares of the company’s stock worth $52,981,000 after acquiring an additional 13,113 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Boston Beer by 1.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 265,779 shares of the company’s stock worth $56,191,000 after acquiring an additional 3,336 shares during the last quarter. Finally, Gotham Asset Management LLC increased its stake in Boston Beer by 16.7% in the 4th quarter. Gotham Asset Management LLC now owns 248,910 shares of the company’s stock worth $48,570,000 after acquiring an additional 35,644 shares during the last quarter. Institutional investors own 81.13% of the company’s stock.

About Boston Beer

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.