The Boston Beer Company, Inc. (SAM)
Market Cap | 3.43B |
Revenue (ttm) | 2.00B |
Net Income (ttm) | 80.13M |
Shares Out | 11.32M |
EPS (ttm) | 6.70 |
PE Ratio | 45.16 |
Forward PE | 27.15 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 281,728 |
Open | 308.00 |
Previous Close | 308.59 |
Day's Range | 302.76 - 310.47 |
52-Week Range | 254.40 - 371.65 |
Beta | 1.07 |
Analysts | Hold |
Price Target | 319.00 (+5.36%) |
Earnings Date | Oct 24, 2024 |
About SAM
The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. The company’s flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly, Angry Orchard, Dogfish Head, Angel City, and Coney Island brand names. The company markets and sells its products to a network wholesaler in the United States, as well as wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores,... [Read more]
Financial Performance
In 2023, The Boston Beer Company's revenue was $2.01 billion, a decrease of -3.91% compared to the previous year's $2.09 billion. Earnings were $76.10 million, an increase of 13.40%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for SAM stock is "Hold." The 12-month stock price forecast is $319.0, which is an increase of 5.36% from the latest price.
News
BOSTON BEER UPDATES 2024 FINANCIAL GUIDANCE TO REFLECT SUPPLIER CONTRACT AMENDMENT
BOSTON, Dec. 20, 2024 (GLOBE NEWSWIRE) -- As part of its ongoing initiatives to optimize its supply chain, The Boston Beer Company, Inc. (NYSE: SAM), today announced an amendment and restatement in it...
BOSTON BEER COMPANY LAUNCHES EMERALD HOUR, A NEW LINE OF NON-ALCOHOLIC CANNABIS COCKTAILS
NOW AVAILABLE IN DISPENSARIES ACROSS ONTARIO JUST IN TIME FOR DRY JANUARY NOW AVAILABLE IN DISPENSARIES ACROSS ONTARIO JUST IN TIME FOR DRY JANUARY
Twisted Tea Hard Iced Tea Releases 25 Days of Twistmas: A Holiday Countdown for Diehard Fans Looking to Unwrap the Fun, One Can at a Time
Twisted Tea is keeping it more twisted than ever with a 25-day holiday advent calendar available for a limited time Twisted Tea is keeping it more twisted than ever with a 25-day holiday advent calend...
Alcohol Stocks To Get A Boost From 2024 Election? Busy Liquor Stores Say Voters 'Drowning Their Sorrows Or Celebrating'
Donald Trump‘s 2024 presidential election win put several sectors in the spotlight, including alcohol stocks.
Dogfish Head Drops Limited-Edition “24 Days of Dogfish Head” Package
The “24 Days of Dogfish Head” package is complete with all the beverages and merchandise needed to countdown to the holidays in delicious, boozy style The “24 Days of Dogfish Head” package is complete...
Boston Beer's Strategic Moves With Hard Mtn Dew And Twisted Tea Position It For 2025 Gains, Analysts Say
Boston Beer Company, Inc. SAM reported third-quarter results, with net revenue increasing 0.6% to $605.5 million and a gross margin of 46.3%, rising 60 basis points year over year.
The Boston Beer Company, Inc. (SAM) Q3 2024 Earnings Call Transcript
The Boston Beer Company, Inc. (NYSE:SAM) Q3 2024 Results Conference Call October 24, 2024 5:00 PM ET Company Participants Mike Andrews - Associate General Counsel & Corporate Secretary Jim Koch - Fou...
Boston Beer Reports Third Quarter Financial Results
BOSTON, Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the third quarter ended September 28, 2024. Key results were:
SAMUEL ADAMS INVITES YOU TO HAVE A COLD SAM ADAMS
Limited-Edition At-Home Séance Kit Invites Drinkers To Share a Chilling Brew With the Spirit of Samuel Adams From Beyond The Grave Limited-Edition At-Home Séance Kit Invites Drinkers To Share a Chilli...
Samuel Adams Showcases Over 15 Years of Small Business Support with the Launch of Inaugural “Our American Dream Cookbook”
80 Inspiring Food & Beverage Entrepreneurs Come Together in a First-of-its-Kind Culinary Guide to be Published by Salty Days Media Company on October 1st, 2024 80 Inspiring Food & Beverage Entrepreneu...
Truly Hard Seltzer Introduces New Limited-Edition ‘Brunch Pack' Featuring Brunch-Ready Flavors
To Celebrate, Truly is Flipping the Script on Bottomless Brunch by Going “Truly Bottomless” with a Pantsless, One-Day-Only Pop-Up Event Hosted by Two of This Summer's Hottest Reality Stars, Serena Pag...
Dogfish Head Punkin Ale Makes Autumnal Return with All-New Artwork
While Punkin Ale headlines the brewery's expansive list of seasonal drinks, Dogfish Head has fall flavors for every beer and spirits lover to enjoy! While Punkin Ale headlines the brewery's expansive ...
SAMUEL ADAMS DOMINATES WORLD BEER AWARDS WITH FOUR GOLDS AS NEW AMERICAN LIGHT CONTINUES ITS EXPANSION IN THE U.S.
Boston Beer's medal haul includes Gold for Samuel Adams American Light, the easy-to-drink light beer's second award this year following spring launch Boston Beer's medal haul includes Gold for Samuel ...
BOSTON BEER APPOINTS JOE JORDAN AND BIZ STONE TO ITS BOARD OF DIRECTORS
BOSTON, July 31, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM) today announced that it appointed Biz Stone and Joe Jordan to its Board of Directors, effective July 29, 2024. Mr. S...
Boston Beer Company: Hard Mountain Dew Is Still A Catalyst, 3 Analysts Cut Forecasts After Q2 Results
Shares of Boston Beer Company Inc SAM were climbing in early trading on Friday, after the company reported its second-quarter results.
Top 3 Risk Off Stocks That Are Set To Fly In July
The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies. `
The Boston Beer Company, Inc. (SAM) Q2 2024 Earnings Call Transcript
The Boston Beer Company, Inc. (NYSE:SAM) Q2 2024 Earnings Conference Call July 25, 2024 5:00 PM ET Company Participants Michael Andrews - Associate General Counsel & Corporate Secretary James Koch - ...
Boston Beer Reports Second Quarter Financial Results
BOSTON, July 25, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the second quarter ended June 29, 2024. Key results were:
GlobalPlatform Provides Security Framework to Launch Europe's Landmark eID Wallet Digital Ecosystem
REDWOOD CITY, Calif.--(BUSINESS WIRE)--GlobalPlatform, the standard for secure digital services and devices, is accelerating efforts to support a scalable European Digital Identity (EUDI) Wallet by in...
Legal cannabis sales eat into beer revenue, survey data shows
Consumer surveys in Canada and the U.S. show that alcohol consumption is down in areas where adults have the option to consume legal cannabis, Bernstein analyst Nadine Sarwat said in a research note o...
TRULY® HARD SELTZER HEATS UP U.S. SOCCER PARTNERSHIP IN TIME FOR SUMMER KICK-OFF
Official Hard Seltzer of U.S. Soccer Taps USMNT Stars Weston McKennie and Tyler Adams to Entertain and Engage Fans Around the Lighter Side of the Game Official Hard Seltzer of U.S. Soccer Taps USMNT S...
SAMUEL ADAMS SELECTS CROWNS & HOPS BREWING CO. AS 2024 BREWING & BUSINESS EXPERIENCESHIP WINNER
Brewing the American Dream Program Offers New Top Craft Brewer Invaluable Mentorship & Assistance, Continuing Legacy of Small Business Support Brewing the American Dream Program Offers New Top Craft B...
California brewery named winner of Samuel Adams' craft beer competition
The newest champion of Sam Adam's annual craft beer competition, the Brewing & Business Experienceship, has been named. The brewers will be privy to capital and mentorship.
Boston Beer merger with cannabis company Green Thumb seen as ‘low-hanging fruit': analyst
A proposal from Green Thumb Industries Inc. Chief Executive Ben Kovler to merge his company with Boston Beer Co. would capitalize on growing cannabis consumption as some alcoholic-beverage sales drop,...
Green Thumb Industries Sends Boston Beer (SAM) Proposal to Join Forces
Green Thumb Industries (GTBIF) sends Boston Beer (SAM) proposal to join forces. The Green Thumb CEO pitches a vision to create a “powerhouse of brands.