The Boston Beer Company, Inc. (NYSE:SAM) Given Average Recommendation of “Reduce” by Analysts

Shares of The Boston Beer Company, Inc. (NYSE:SAM) have earned a consensus recommendation of “Reduce” from the thirteen analysts that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell recommendation and ten have issued a hold recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $233.31.

Several analysts recently commented on SAM shares. Morgan Stanley dropped their price target 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. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $245.00 target price on shares of Boston Beer in a research note on Friday, February 20th. UBS Group dropped their target price 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. Weiss Ratings downgraded shares of Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, February 25th. Finally, Citigroup boosted their price target on shares of Boston Beer from $220.00 to $230.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 25th.

Boston Beer Stock Down 1.5%

SAM opened at $230.30 on Friday. The company has a market cap of $2.41 billion, a PE ratio of 23.64, a price-to-earnings-growth ratio of 2.51 and a beta of 1.00. Boston Beer has a twelve month low of $185.34 and a twelve month high of $260.00. The company has a 50-day moving average price of $228.71 and a 200 day moving average price of $215.15.

Boston Beer (NYSE:SAM) last posted its quarterly earnings data on Tuesday, February 24th. The company reported ($2.12) earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $381.75 million. During the same period in the previous year, the firm posted ($1.68) EPS. Boston Beer’s 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, sell-side analysts expect that Boston Beer will post 9.29 earnings per share for the current year.

Institutional Investors Weigh In On Boston Beer

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC lifted its position in Boston Beer by 340.4% during the third quarter. AQR Capital Management LLC now owns 647,060 shares of the company’s stock worth $136,801,000 after buying an additional 500,120 shares in the last quarter. Gotham Asset Management LLC raised its holdings in shares of Boston Beer by 1,752.2% during the 3rd quarter. Gotham Asset Management LLC now owns 213,266 shares of the company’s stock worth $45,089,000 after acquiring an additional 201,752 shares during the period. Woodson Capital Management LP acquired a new position in shares of Boston Beer during the 4th quarter valued at about $19,513,000. Vanguard Group Inc. grew its holdings in shares of Boston Beer by 9.4% in the fourth quarter. Vanguard Group Inc. now owns 1,039,184 shares of the company’s stock valued at $202,776,000 after purchasing an additional 89,053 shares during the period. Finally, Qube Research & Technologies Ltd raised its stake in Boston Beer by 278.0% during the second quarter. Qube Research & Technologies Ltd now owns 112,507 shares of the company’s stock worth $21,467,000 after purchasing an additional 82,742 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.