The Boston Beer Company, Inc. (NYSE:SAM) Short Interest Update

The Boston Beer Company, Inc. (NYSE:SAM) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 969,653 shares, an increase of 17.8% from the February 26th total of 823,475 shares. Based on an average daily trading volume, of 172,644 shares, the days-to-cover ratio is presently 5.6 days. Approximately 12.6% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

SAM has been the subject of several research analyst reports. Zacks Research cut Boston Beer from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 24th. Morgan Stanley lowered their price target on shares of Boston Beer from $245.00 to $235.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 25th. UBS Group cut their price target on shares of Boston Beer from $234.00 to $230.00 and set a “neutral” rating for the company in a report on Monday, February 23rd. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Boston Beer from $226.00 to $211.00 and set a “hold” rating for the company in a research note on Monday. Finally, Weiss Ratings downgraded shares of Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, February 25th. Eleven equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $231.28.

Boston Beer Stock Up 0.5%

NYSE SAM traded up $1.09 during mid-day trading on Tuesday, hitting $230.92. The stock had a trading volume of 102,583 shares, compared to its average volume of 164,315. The company has a 50 day simple moving average of $229.44 and a 200 day simple moving average of $215.29. The company has a market cap of $2.41 billion, a price-to-earnings ratio of 23.71, a P/E/G ratio of 2.51 and a beta of 1.00. Boston Beer has a 52-week low of $185.34 and a 52-week high of $260.00.

Boston Beer (NYSE:SAM) last posted its earnings results on Tuesday, February 24th. The company reported ($2.12) EPS for the quarter, topping analysts’ consensus estimates of ($2.33) by $0.21. Boston Beer had a return on equity of 12.16% and a net margin of 5.20%.The company had revenue of $385.68 million for the quarter, compared to the consensus estimate of $381.75 million. During the same period in the previous year, the business earned ($1.68) earnings per share. Boston Beer’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. As a group, equities analysts anticipate that Boston Beer will post 9.29 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Boston Beer

Several hedge funds have recently added to or reduced their stakes in SAM. Quent Capital LLC acquired a new stake in Boston Beer during the third quarter worth approximately $27,000. MassMutual Private Wealth & Trust FSB raised its holdings in Boston Beer by 137.3% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 159 shares of the company’s stock valued at $34,000 after acquiring an additional 92 shares during the last quarter. Flagship Harbor Advisors LLC purchased a new position in shares of Boston Beer during the 4th quarter worth $35,000. GAMMA Investing LLC lifted its stake in shares of Boston Beer by 81.7% during the 3rd quarter. GAMMA Investing LLC now owns 189 shares of the company’s stock worth $40,000 after purchasing an additional 85 shares during the period. Finally, Covestor Ltd boosted its holdings in shares of Boston Beer by 180.9% during the fourth quarter. Covestor Ltd now owns 250 shares of the company’s stock worth $49,000 after purchasing an additional 161 shares during the last quarter. 81.13% of the stock is currently owned by hedge funds and other institutional investors.

About Boston Beer

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.