The Boston Beer Company, Inc. (SAM)
| Market Cap | 3.30B |
| Revenue (ttm) | 2.00B |
| Net Income (ttm) | 91.90M |
| Shares Out | 11.55M |
| EPS (ttm) | 7.60 |
| PE Ratio | 37.54 |
| Forward PE | 26.85 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 97,007 |
| Open | 287.06 |
| Previous Close | 288.10 |
| Day's Range | 282.83 - 287.06 |
| 52-Week Range | 254.40 - 383.00 |
| Beta | 1.06 |
| Analysts | Hold |
| Price Target | 326.92 (+14.58%) |
| 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 12 analysts, the average rating for SAM stock is "Hold." The 12-month stock price forecast is $326.92, which is an increase of 14.58% from the latest price.
News
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.
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...