Brokerages Set The Boston Beer Company, Inc. (NYSE:SAM) PT at $206.91

The Boston Beer Company, Inc. (NYSE:SAM) has been given an average rating of “Reduce” by the twelve research firms that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $206.9091.

Several analysts have recently commented on the stock. The Goldman Sachs Group lowered their price target on shares of Boston Beer from $192.00 to $169.00 and set a “sell” rating on the stock in a research report on Wednesday, July 8th. Morgan Stanley set a $190.00 price objective on Boston Beer and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Boston Beer in a research note on Monday, August 3rd. UBS Group lowered their target price on Boston Beer from $245.00 to $190.00 and set a “neutral” rating on the stock in a report on Thursday, July 16th. Finally, Zacks Research downgraded Boston Beer from a “hold” rating to a “strong sell” rating in a research report on Friday, July 24th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Ascentis Independent Advisors acquired a new stake in shares of Boston Beer during the 1st quarter worth about $37,000. Plato Investment Management Ltd acquired a new stake in Boston Beer during the second quarter worth approximately $35,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Boston Beer by 154.9% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232 shares of the company’s stock worth $49,000 after acquiring an additional 141 shares during the last quarter. CIBC Private Wealth Group LLC grew its stake in Boston Beer by 4,780.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 244 shares of the company’s stock worth $52,000 after acquiring an additional 239 shares during the period. Finally, Covestor Ltd grew its stake in Boston Beer by 180.9% in the 4th quarter. Covestor Ltd now owns 250 shares of the company’s stock worth $49,000 after acquiring an additional 161 shares during the period. Institutional investors and hedge funds own 81.13% of the company’s stock.

Boston Beer Stock Performance

SAM opened at $182.78 on Wednesday. The company has a market cap of $1.90 billion, a price-to-earnings ratio of -26.92 and a beta of 0.80. Boston Beer has a one year low of $158.68 and a one year high of $264.46. The business’s fifty day moving average is $181.60 and its two-hundred day moving average is $203.52.

Boston Beer (NYSE:SAM) last announced its quarterly earnings results on Thursday, July 23rd. The company reported $3.65 earnings per share for the quarter, missing analysts’ consensus estimates of $4.83 by ($1.18). The firm had revenue of $568.34 million during the quarter, compared to analysts’ expectations of $566.68 million. Boston Beer had a negative net margin of 3.42% and a positive return on equity of 9.99%. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.45 EPS. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. On average, analysts predict that Boston Beer will post 8.99 EPS for the current fiscal year.

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.