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

Shares of The Boston Beer Company, Inc. (NYSE:SAM) have been given an average recommendation of “Reduce” by the fourteen research firms that are currently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell recommendation and eleven have issued a hold recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $231.2818.

A number of equities research analysts have recently commented on the company. Morgan Stanley cut their price objective on Boston Beer from $245.00 to $235.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft cut their target price on Boston Beer from $226.00 to $211.00 and set a “hold” rating on the stock in a research report on Monday. UBS Group reduced their target price on Boston Beer from $234.00 to $230.00 and set a “neutral” rating for the company in a report on Monday, February 23rd. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $245.00 price target on shares of Boston Beer in a research report on Friday, February 20th. Finally, Weiss Ratings cut Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, February 25th.

Boston Beer Stock Up 0.5%

SAM stock opened at $230.92 on Friday. The stock has a market cap of $2.41 billion, a PE ratio of 23.71, a price-to-earnings-growth ratio of 2.51 and a beta of 1.00. The firm’s 50-day simple moving average is $229.44 and its 200 day simple moving average is $215.29. Boston Beer has a fifty-two week low of $185.34 and a fifty-two week high of $260.00.

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

Institutional Investors Weigh In On Boston Beer

A number of large investors have recently made changes to their positions in SAM. Quent Capital LLC acquired a new position in Boston Beer in the 3rd quarter worth approximately $27,000. MassMutual Private Wealth & Trust FSB raised its stake in Boston Beer by 137.3% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 159 shares of the company’s stock valued at $34,000 after purchasing an additional 92 shares during the period. Flagship Harbor Advisors LLC purchased a new stake in shares of Boston Beer in the fourth quarter valued at $35,000. GAMMA Investing LLC boosted its position in shares of Boston Beer by 81.7% in the third quarter. GAMMA Investing LLC now owns 189 shares of the company’s stock worth $40,000 after buying an additional 85 shares during the period. Finally, Covestor Ltd boosted its position in shares of Boston Beer by 180.9% in the fourth quarter. Covestor Ltd now owns 250 shares of the company’s stock worth $49,000 after buying an additional 161 shares during the period. Institutional investors and hedge funds own 81.13% of the company’s stock.

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.