Boston Beer Company, Inc. (The) (SAM) Receives News Impact Score of 0.24

News stories about Boston Beer Company, Inc. (The) (NYSE:SAM) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Boston Beer Company, Inc. (The) earned a news sentiment score of 0.24 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.2932249123596 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:

Boston Beer Company, Inc. (SAM) traded down 0.20% on Friday, reaching $147.65. The company’s stock had a trading volume of 137,504 shares. The firm’s 50-day moving average price is $138.60 and its 200-day moving average price is $145.14. Boston Beer Company, Inc. has a 52-week low of $128.70 and a 52-week high of $194.98. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 21.01 and a beta of 0.55.

Boston Beer Company, Inc. (The) (NYSE:SAM) last issued its earnings results on Thursday, July 27th. The company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.89. Boston Beer Company, Inc. (The) had a return on equity of 20.19% and a net margin of 9.65%. The business had revenue of $247.90 million during the quarter, compared to analyst estimates of $222.74 million. During the same period in the previous year, the company posted $2.06 EPS. The firm’s revenue was up 1.3% compared to the same quarter last year. On average, equities analysts expect that Boston Beer Company, Inc. will post $5.78 earnings per share for the current year.

SAM has been the subject of a number of recent analyst reports. Cowen and Company reiterated a “sell” rating and issued a $126.00 price objective on shares of Boston Beer Company, Inc. (The) in a report on Friday, July 14th. Zacks Investment Research upgraded Boston Beer Company, Inc. (The) from a “sell” rating to a “hold” rating in a report on Tuesday, April 25th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $158.00 price objective on shares of Boston Beer Company, Inc. (The) in a report on Wednesday, April 26th. Jefferies Group LLC reiterated a “hold” rating and issued a $130.00 price objective (down previously from $145.00) on shares of Boston Beer Company, Inc. (The) in a report on Tuesday, April 18th. Finally, Susquehanna Bancshares Inc reissued a “positive” rating on shares of Boston Beer Company, Inc. (The) in a research note on Monday, May 8th. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $142.13.

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In other Boston Beer Company, Inc. (The) news, Director David A. Burwick sold 5,000 shares of Boston Beer Company, Inc. (The) stock in a transaction dated Wednesday, May 24th. The stock was sold at an average price of $144.00, for a total transaction of $720,000.00. Following the completion of the transaction, the director now owns 6,094 shares in the company, valued at approximately $877,536. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP David L. Grinnell sold 2,628 shares of Boston Beer Company, Inc. (The) stock in a transaction dated Friday, July 28th. The shares were sold at an average price of $159.90, for a total value of $420,217.20. The disclosure for this sale can be found here. 31.30% of the stock is currently owned by insiders.

Boston Beer Company, Inc. (The) Company Profile

The Boston Beer Company, Inc is a craft brewer in the United States. The Company is engaged in the business of producing and selling alcohol beverages primarily in the domestic market and in selected international markets. The Company operates through two segments: Boston Beer Company segment, and A&S Brewing Collaborative segment.

Insider Buying and Selling by Quarter for Boston Beer Company, Inc. (The) (NYSE:SAM)

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