Boston Beer (NYSE:SAM) Given New $250.00 Price Target at UBS Group

Boston Beer (NYSE:SAM) had its price objective lifted by equities research analysts at UBS Group from $230.00 to $250.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price objective would suggest a potential downside of 0.41% from the stock’s current price.

Several other research firms have also issued reports on SAM. Morgan Stanley reduced their target price on Boston Beer from $245.00 to $235.00 and set an “equal weight” rating for the company in a report on Wednesday, February 25th. Zacks Research lowered Boston Beer from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft reduced their target price on Boston Beer from $226.00 to $211.00 and set a “hold” rating for the company in a report on Monday, March 30th. Citigroup upped their target price on Boston Beer from $220.00 to $230.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $245.00 target price on shares of Boston Beer in a report on Friday, February 20th. Ten equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Boston Beer has a consensus rating of “Reduce” and an average price target of $228.30.

Boston Beer Stock Performance

SAM traded up $4.19 during midday trading on Tuesday, reaching $251.04. 170,019 shares of the company were exchanged, compared to its average volume of 168,664. The company’s fifty day moving average price is $231.04 and its 200 day moving average price is $215.83. The company has a market cap of $2.62 billion, a price-to-earnings ratio of 25.83, a price-to-earnings-growth ratio of 2.64 and a beta of 0.90. Boston Beer has a one year low of $185.34 and a one 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, topping analysts’ consensus estimates of ($2.33) by $0.21. The firm had revenue of $385.68 million during 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 previous year, the company posted ($1.68) EPS. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. As a group, sell-side analysts anticipate that Boston Beer will post 9.29 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Boston Beer

Institutional investors have recently bought and sold shares of the company. Quent Capital LLC purchased a new position in Boston Beer in the third quarter valued at approximately $27,000. MassMutual Private Wealth & Trust FSB lifted its stake in Boston Beer by 137.3% in the third 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 last quarter. Flagship Harbor Advisors LLC purchased a new position in Boston Beer in the fourth quarter valued at approximately $35,000. GAMMA Investing LLC lifted its stake in Boston Beer by 81.7% in the third quarter. GAMMA Investing LLC now owns 189 shares of the company’s stock valued at $40,000 after purchasing an additional 85 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Boston Beer by 154.9% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232 shares of the company’s stock valued at $49,000 after purchasing an additional 141 shares during the last quarter. Hedge funds and other institutional investors own 81.13% of the company’s stock.

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.