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

Shares of The Boston Beer Company, Inc. (NYSE:SAM) have been given an average rating of “Reduce” by the twelve research firms that are covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $206.9091.

Several brokerages recently issued reports on SAM. Deutsche Bank Aktiengesellschaft set a $176.00 price objective on Boston Beer in a report on Friday, July 24th. Weiss Ratings reiterated a “sell (d)” rating on shares of Boston Beer in a report on Monday. Royal Bank Of Canada lowered their price target on Boston Beer from $234.00 to $210.00 and set a “sector perform” rating for the company in a research note on Friday, July 24th. Evercore set a $240.00 price objective on Boston Beer in a report on Friday, May 1st. Finally, Morgan Stanley set a $190.00 price objective on shares of Boston Beer and gave the company an “equal weight” rating in a research report on Friday, July 24th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of SAM. Goldman Sachs Group Inc. increased its position in Boston Beer by 55.4% during the first quarter. Goldman Sachs Group Inc. now owns 62,051 shares of the company’s stock worth $14,820,000 after buying an additional 22,129 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Boston Beer by 8.8% in the first quarter. Empowered Funds LLC now owns 1,207 shares of the company’s stock worth $288,000 after buying an additional 98 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Boston Beer by 5.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 21,902 shares of the company’s stock worth $5,231,000 after acquiring an additional 1,067 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of Boston Beer by 17.9% during the 2nd quarter. Cetera Investment Advisers now owns 1,653 shares of the company’s stock worth $315,000 after acquiring an additional 251 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Boston Beer by 41.5% during the 2nd quarter. First Trust Advisors LP now owns 15,657 shares of the company’s stock valued at $2,988,000 after acquiring an additional 4,591 shares during the last quarter. Institutional investors own 81.13% of the company’s stock.

Boston Beer Stock Performance

Shares of SAM opened at $186.42 on Friday. The company has a market capitalization of $1.94 billion, a PE ratio of -27.45 and a beta of 0.80. The company’s 50 day moving average price is $178.01 and its 200 day moving average price is $207.66. Boston Beer has a 52 week low of $158.68 and a 52 week high of $264.46.

Boston Beer (NYSE:SAM) last released its earnings results on Thursday, July 23rd. The company reported $3.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.83 by ($1.18). The company had revenue of $568.34 million during the quarter, compared to analysts’ expectations of $566.68 million. Boston Beer had a positive return on equity of 9.99% and a negative net margin of 3.42%.The firm’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $5.45 EPS. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. On average, equities analysts forecast that Boston Beer will post 8.99 earnings per share for the current fiscal year.

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.