The Boston Beer Company, Inc. (NYSE:SAM) Receives $233.31 Consensus PT from Analysts

Shares of The Boston Beer Company, Inc. (NYSE:SAM) have been given a consensus rating of “Reduce” by the thirteen brokerages that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell rating and ten have given a hold rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $226.30.

Several research firms recently commented on SAM. Deutsche Bank Aktiengesellschaft decreased 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 note on Monday. Weiss Ratings downgraded shares of Boston Beer from a “hold (c-)” rating to a “sell (d+)” 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 research report on Tuesday, February 24th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $245.00 target price on shares of Boston Beer in a report on Friday, February 20th. Finally, UBS Group dropped their price target on shares of Boston Beer from $234.00 to $230.00 and set a “neutral” rating for the company in a research report on Monday, February 23rd.

Boston Beer Trading Up 2.2%

NYSE:SAM opened at $240.08 on Friday. The stock has a 50 day simple moving average of $230.08 and a 200 day simple moving average of $215.60. The stock has a market cap of $2.51 billion, a P/E ratio of 24.65, a PEG ratio of 2.57 and a beta of 0.90. 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 quarterly earnings data on Tuesday, February 24th. The company reported ($2.12) EPS for the quarter, beating analysts’ consensus estimates 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 company’s revenue for the quarter was down 4.1% on a year-over-year basis. During the same period in the prior year, the firm posted ($1.68) EPS. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. As a group, sell-side analysts forecast that Boston Beer will post 9.29 EPS for the current year.

Hedge Funds Weigh In On Boston Beer

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SAM. Goldman Sachs Group Inc. lifted its stake 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 purchasing an additional 22,129 shares during the last quarter. Empowered Funds LLC increased its stake 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings 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 buying an additional 1,067 shares in the last quarter. Creative Planning raised its holdings in shares of Boston Beer by 46.1% during the 2nd quarter. Creative Planning now owns 3,025 shares of the company’s stock worth $577,000 after buying an additional 955 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position 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 buying an additional 251 shares during the last quarter. 81.13% of the stock is 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.