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

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

Analyst Ratings Changes

A number of brokerages recently weighed in on SAM. Royal Bank Of Canada restated a “sector perform” rating and set a $245.00 price objective on shares of Boston Beer in a research report on Friday, February 20th. Morgan Stanley dropped their target price 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. Zacks Research lowered Boston Beer from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 24th. Citigroup boosted their price target on Boston Beer from $220.00 to $230.00 and gave the stock a “neutral” rating in a report on Wednesday, February 25th. Finally, Weiss Ratings downgraded Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, February 25th. Eleven investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $231.28.

Institutional Trading of Boston Beer

Several institutional investors have recently added to or reduced their stakes in SAM. California State Teachers Retirement System increased its position in Boston Beer by 0.7% during the 2nd quarter. California State Teachers Retirement System now owns 8,414 shares of the company’s stock valued at $1,605,000 after purchasing an additional 57 shares during the period. Great Valley Advisor Group Inc. lifted its position in shares of Boston Beer by 5.3% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 1,192 shares of the company’s stock worth $227,000 after purchasing an additional 60 shares during the period. GAMMA Investing LLC boosted its stake in shares of Boston Beer by 81.7% in the 3rd 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. US Bancorp DE increased its position in shares of Boston Beer by 28.2% during the third quarter. US Bancorp DE now owns 386 shares of the company’s stock worth $82,000 after buying an additional 85 shares during the period. Finally, Parallel Advisors LLC increased its position in shares of Boston Beer by 12.6% during the third quarter. Parallel Advisors LLC now owns 758 shares of the company’s stock worth $160,000 after buying an additional 85 shares during the period. 81.13% of the stock is currently owned by institutional investors.

Boston Beer Price Performance

Shares of Boston Beer stock traded up $6.11 during trading on Wednesday, hitting $236.51. The company’s stock had a trading volume of 22,392 shares, compared to its average volume of 167,060. The stock has a market cap of $2.47 billion, a price-to-earnings ratio of 24.28, a price-to-earnings-growth 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. The stock has a 50-day moving average price of $229.44 and a two-hundred day moving average price of $215.29.

Boston Beer (NYSE:SAM) last announced its earnings results 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 business had revenue of $385.68 million during the quarter, compared to analyst estimates of $381.75 million. During the same period last year, the company earned ($1.68) EPS. Boston Beer’s revenue for the quarter 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. On average, equities analysts predict that Boston Beer will post 9.29 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.