The Boston Beer Company, Inc. (SAM)
| Market Cap | 3.60B |
| Revenue (ttm) | 2.02B |
| Net Income (ttm) | 97.80M |
| Shares Out | 11.95M |
| EPS (ttm) | 8.00 |
| PE Ratio | 37.62 |
| Forward PE | 27.43 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 72,090 |
| Open | 301.14 |
| Previous Close | 301.90 |
| Day's Range | 298.22 - 302.36 |
| 52-Week Range | 254.40 - 395.52 |
| Beta | 1.09 |
| Analysts | Hold |
| Price Target | 335.00 (+11.33%) |
| Earnings Date | Jul 25, 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, SAM's revenue was $2.01 billion, a decrease of -3.91% compared to the previous year's $2.09 billion. Earnings were $76.25 million, an increase of 13.36%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for SAM stock is "Hold." The 12-month stock price forecast is $335.0, which is an increase of 11.33% from the latest price.
News
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.
Dogfish Head & Dan-O's Seasoning to Debut Limited-Edition Grilling Kit
MILTON, Del., June 06, 2024 (GLOBE NEWSWIRE) -- Just in time for the official start of summer, Dogfish Head and Dan-O's Seasoning are giving everyone another reason to fire-up their grills – a limited...
Boston Beer M&A Speculation
Boston Beer has become the center of M&A activity starting with Suntory, which has denied the report, but another report says Cannabis producer Green Thumb has expressed interest. Bloomberg News' Tiff...
Marijuana grower interested in merging with Sam Adams beer owner: report
Green Thumb's CEO wrote in a letter that he would be able to make a superior offer for Boston Beer, the maker of Sam Adams lager, and that while young people are drinking less alcohol, the US cannabis...
Cannabis producer Green Thumb explores merger with Boston Beer, letter shows
Cannabis producer Green Thumb Industries is prepared to make an offer for a potential merger deal with U.S.-based brewer Boston Beer , according to a letter seen by Reuters.
Cannabis Producer Seeks Boston Beer Merger
In a letter, the Green Thumb CEO outlined the potential benefits of a combination, including allowing the cannabis company to be listed on a major U.S. exchange.
Conquest Rolls Out Enhancements to SAM, An AI-Powered Solution Designed to Improve Plan Quality, Reveal Deeper Planning Insights
WINNIPEG, Manitoba--(BUSINESS WIRE)-- #AI--Conquest Planning enhances its AI-powered strategic advice manager (SAM), a tool that helps advisors build hyper-personalized financial plans.
These Stocks Are Moving the Most Today: GameStop, AMC Entertainment, Boston Beer, Paramount, Nvidia, and More
GameStop soars after Reddit account at the center of the 2021 meme stock surge posts for first time in three years, while Boston Beer falls after declining to comment on a report that Japanese beverag...
The Boston Beer Company Statement on Company Sale Speculation
Boston, May 31, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM) is aware of today's Wall Street Journal article on company sale speculation. We do not comment on rumors. We are full...
Boston Beer Stock Jumps. Suntory Is in Talks to Buy the Sam Adams Maker, WSJ Reports.
The Japanese whiskey maker has expanded its portfolio in recent years, acquiring Jim Beam.
Boston Beer in Talks to Sell Itself to Jim Beam Owner Suntory
Japanese whisky-maker Suntory is in talks to acquire Boston Beer, the American brewer known for its Samuel Adams brand.
Top 5 Defensive Stocks That May Explode This Quarter - Molson Coors Beverage (NYSE:TAP)
The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
Beverage Industry Leader Dave Burwick Joins The Duckhorn Portfolio Board of Directors
ST. HELENA, Calif.--(BUSINESS WIRE)--The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) today announced the appointment of Dave Burwick to its Board of Directors, effective May 21, 2024. Burwic...
Samuel Adams Introduces American Light: A Crisp, Refreshing, High-Quality Light Beer
Boston, May 21, 2024 (GLOBE NEWSWIRE) -- Known for its commitment to high-quality ingredients and innovation, The Boston Beer Company today announces the launch of its latest offering: Samuel Adams Am...
Boston Beer Stock Is Slumping, but It Has a New Bull
Jefferies analysts upgraded shares of the beverage company to Buy from Hold, and lifted the target price to $360 from $335.
Dogfish Head Cocktails Expands Award-Winning Lineup of Spirits-Based, Ready-to-Drink Cocktails with New Strawberry Lime Tequila Margarita
Dogfish Head Cocktails continues to celebrate its all-new nautical, tattoo-inspired packaging with a tattoo giveaway for fans willing to “get inked” alongside the brand. Dogfish Head Cocktails continu...
Dogfish Head Craft Brewery Unveils New Beer Packaging Artwork & Announces the Return of its Fan-Favorite 120 Minute IPA
MILTON, Del., April 26, 2024 (GLOBE NEWSWIRE) -- The 120th day of the year (Monday, April 29) is upon us, and at Dogfish Head Craft Brewery, that's considered a holiday! To celebrate “120 Day”, Dogfis...
SAMUEL ADAMS TAPPED AS THE OFFICIAL BEER AND NON-ALCOHOLIC BEER OF THE PAN-MASS CHALLENGE
Boston, April 26, 2024 (GLOBE NEWSWIRE) -- As cyclists, volunteers and spectators gear up to conquer the roads in August, Samuel Adams is excited to announce its three-year partnership with the Pan-Ma...
Boston Beer's stock surges after a surprise profit, as increases in Twisted Tea shipments offset declines in Truly
Shares of Boston Beer Co. SAM, -2.06% jumped 9.8% in premarket trading Thursday, after the beer brewer reported a surprise first-quarter profit and revenue that rose above forecasts, fueled by volume ...