The Boston Beer Company, Inc. (NYSE:SAM) Receives Average Rating of “Reduce” from Brokerages

The Boston Beer Company, Inc. (NYSE:SAM) has earned a consensus rating of “Reduce” from the thirteen research firms that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating and ten have issued a hold rating on the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $233.31.

Several equities research analysts have commented on the stock. Weiss Ratings cut shares of Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, February 25th. Piper Sandler lowered their price objective on shares of Boston Beer from $230.00 to $220.00 and set a “neutral” rating on the stock in a research note on Friday, November 21st. Morgan Stanley dropped their target price on shares of Boston Beer from $245.00 to $235.00 and set an “equal weight” rating on the stock 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 research note on Tuesday, February 24th. Finally, Citigroup raised their target price on shares of Boston Beer from $220.00 to $230.00 and gave the stock a “neutral” rating in a report on Wednesday, February 25th.

Institutional Investors Weigh In On Boston Beer

Large investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its position in shares of 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 purchasing an additional 22,129 shares during the period. Empowered Funds LLC boosted its position in shares of Boston Beer by 8.8% in the 1st quarter. Empowered Funds LLC now owns 1,207 shares of the company’s stock valued at $288,000 after purchasing an additional 98 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Boston Beer by 5.1% in 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 valued at $5,231,000 after purchasing an additional 1,067 shares during the period. Teacher Retirement System of Texas increased its stake in Boston Beer by 3.5% in the 2nd quarter. Teacher Retirement System of Texas now owns 6,697 shares of the company’s stock worth $1,278,000 after purchasing an additional 225 shares in the last quarter. Finally, Fox Run Management L.L.C. raised its holdings in Boston Beer by 13.7% during the 2nd quarter. Fox Run Management L.L.C. now owns 3,162 shares of the company’s stock worth $603,000 after buying an additional 380 shares during the period. 81.13% of the stock is owned by institutional investors.

Boston Beer Stock Performance

Shares of SAM stock opened at $232.88 on Wednesday. Boston Beer has a 1 year low of $185.34 and a 1 year high of $260.00. The stock has a market cap of $2.43 billion, a PE ratio of 23.91, a price-to-earnings-growth ratio of 2.53 and a beta of 1.00. The business’s fifty day moving average is $221.33 and its 200-day moving average is $214.28.

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

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.