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

Shares of The Boston Beer Company, Inc. (NYSE:SAM) have received a consensus rating of “Reduce” from the twelve research firms that are covering the firm, MarketBeat.com reports. Two research 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 analysts that have covered the stock in the last year is $235.6364.

A number of research analysts have recently commented on SAM shares. UBS Group cut their price target on shares of Boston Beer from $250.00 to $245.00 and set a “neutral” rating on the stock in a report on Friday, May 1st. Jefferies Financial Group set a $230.00 price target on Boston Beer in a research report on Friday, May 1st. Wall Street Zen raised Boston Beer from a “sell” rating to a “hold” rating in a research report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $233.00 price target on shares of Boston Beer in a research report on Friday, May 1st. Finally, Sanford C. Bernstein dropped their price objective on Boston Beer from $218.00 to $210.00 and set a “market perform” rating on the stock in a research report on Tuesday, May 5th.

Institutional Investors Weigh In On Boston Beer

A number of institutional investors have recently added to or reduced their stakes in SAM. Goldman Sachs Group Inc. boosted 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 valued at $14,820,000 after purchasing an additional 22,129 shares in the last quarter. Empowered Funds LLC boosted its position in Boston Beer by 8.8% during the first quarter. Empowered Funds LLC now owns 1,207 shares of the company’s stock valued at $288,000 after purchasing an additional 98 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Boston Beer by 5.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 21,902 shares of the company’s stock valued at $5,231,000 after purchasing an additional 1,067 shares in the last quarter. Cetera Investment Advisers boosted its position in Boston Beer by 17.9% during the second quarter. Cetera Investment Advisers now owns 1,653 shares of the company’s stock valued at $315,000 after purchasing an additional 251 shares in the last quarter. Finally, First Trust Advisors LP boosted its position in Boston Beer by 41.5% during the second quarter. First Trust Advisors LP now owns 15,657 shares of the company’s stock valued at $2,988,000 after purchasing an additional 4,591 shares in the last quarter. Institutional investors own 81.13% of the company’s stock.

Boston Beer Trading Up 2.1%

NYSE SAM opened at $175.51 on Friday. The company’s 50-day moving average price is $202.01 and its 200-day moving average price is $212.87. The stock has a market cap of $1.83 billion, a PE ratio of -27.86, a PEG ratio of 2.21 and a beta of 0.79. Boston Beer has a 12 month low of $158.68 and a 12 month high of $264.46.

Boston Beer (NYSE:SAM) last posted its quarterly earnings results on Thursday, April 30th. The company reported $1.64 EPS for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.32). The company had revenue of $433.93 million during the quarter, compared to the consensus estimate of $436.06 million. Boston Beer had a positive return on equity of 12.08% and a negative net margin of 2.96%.The company’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.16 earnings per share. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. As a group, sell-side analysts forecast that Boston Beer will post 9.77 earnings per share for the current year.

Key Headlines Impacting Boston Beer

Here are the key news stories impacting Boston Beer this week:

• Positive Sentiment: Multiple outlets reported that Scotland’s “Tartan Army” overwhelmed Boston bars and the Samuel Adams taproom with beer demand during World Cup celebrations, highlighting strong brand visibility and unusually high traffic for Boston Beer’s namesake product. This Iconic Boston Taproom Had A Lager Emergency After World Cup Fans Drank Them Dry
• Positive Sentiment: Coverage that bars were “running out of beer” in Boston during the tournament reinforces the idea of a short-term spike in Samuel Adams-related sales and publicity, which may support investor sentiment. Scotland Fans Cause Beer Shortage in Boston During FIFA World Cup Group Play
• Positive Sentiment: Dogfish Head, a Boston Beer brand, announced a new “Secret Stash Cooler” promotion, adding another consumer-marketing headline that could help keep the company in the spotlight. DOGFISH HEAD DROPS THE “SECRET STASH COOLER” BECAUSE SOME COCKTAILS ARE TOO GOOD TO SHARE

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.