The Boston Beer Company, Inc. (SAM)

NYSE: SAM · IEX Real-Time Price · USD
384.31
+8.44 (2.25%)
At close: Aug 8, 2022 4:00 PM
384.15
-0.16 (-0.04%)
After-hours: Aug 8, 2022 7:48 PM EDT
2.25%
Market Cap 4.72B
Revenue (ttm) 2.41B
Net Income (ttm) -58.81M
Shares Out 12.29M
EPS (ttm) -4.32
PE Ratio n/a
Forward PE 31.75
Dividend n/a
Ex-Dividend Date n/a
Volume 126,579
Open 379.99
Previous Close 375.87
Day's Range 377.42 - 394.34
52-Week Range 287.00 - 697.56
Beta 0.94
Analysts Buy
Price Target 325.42 (-15.3%)
Earnings Date Jul 21, 2022

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, and hard seltzers under the Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard, Dogfish Head, Angel City, Coney Island, Concrete Beach brand names. The company markets and sells its products to a network of approximately 400 wholesalers in the United States, as well as international wholesalers, importers, or other agencies that in turn sell t... [Read more...]

Industry Beverages
IPO Date Nov 20, 1995
CEO David Burwick
Employees 2,543
Stock Exchange NYSE
Ticker Symbol SAM
Full Company Profile

Financial Performance

In 2021, SAM's revenue was $2.06 billion, an increase of 18.50% compared to the previous year's $1.74 billion. Earnings were $14.55 million, a decrease of -92.42%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for SAM stock is "Buy." The 12-month stock price forecast is 325.42, which is a decrease of -15.32% from the latest price.

Price Target
$325.42
(-15.32% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Twisted Tea Hard Iced Tea Launches New Sweet Tea Whiskey in Select Markets

The nation's No. 1 hard iced tea is introducing the limited-edition whiskey across five markets, including Massachusetts, Rhode Island, Ohio, Missouri and Texas, plus military outlets BOSTON, Aug. 4, 20...

9 Cheap Defensive Stocks

#Morningstar #StockMarketToday #stockpicks The earnings of these companies are less sensitive to the economy. Morningstar's chief U.S. market strategist Dave Sekera explains that these stocks are also u...

Boston Beer's Truly Terrible Quarter

The Truly brand is dragging Boston Beer's entire business down in 2022.

Boston Beer (SAM) Falls on Q2 Earnings Miss, Lowered View

Boston Beer's (SAM) Q2 results have been impacted by declines in shipments and depletions, as well as gross margin contraction. The company lowers the view for 2022.

Boston Beer earnings miss after betting big on seltzer, stock slides

Yahoo Finance Live anchors Julie Hyman, Brian Sozzi and Brad Smith discuss second-quarter earnings for The Boston Beer Company.

Boston Beer (SAM) Q2 Earnings and Revenues Lag Estimates

Boston Beer (SAM) delivered earnings and revenue surprises of -18.53% and 4.77%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Boston Beer Shares Slide On Q2 Earnings, Lowered FY22 Guidance

Boston Beer Company Inc (NYSE: SAM) reported a second-quarter revenue increase of 2.2% year-over-year to $616.2 million, missing the consensus of $629.32 million. EPS decreased to $4.31, from $4.75 in 2...

Boston Beer slashes earnings forecast as the downfall of hard seltzer continues

Boston Beer Inc. executives slashed their annual earnings forecast Thursday, admitting that demand for hard seltzer continued to fizzle below their expectations.

BOSTON BEER REPORTS SECOND QUARTER FINANCIAL RESULTS

Second Quarter (13-week) 2022 and Year-to-date 2022 (26-week) Financial Results BOSTON , July 21, 2022 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results. Key re...

Factors Likely to Influence Boston Beer's (SAM) Q2 Earnings

Boston Beer's (SAM) Q2 results are likely to reflect gains from a robust brand portfolio and strategic initiatives despite declines in shipments and depletions.

Why Boston Beer Stock Fell 11% This Week

The stock was downgraded on new growth concerns.

Boston Beer stock gets downgrade from Goldman Sachs as hard-seltzer business fizzles

Boston Beer Co. soon may have to lower its expectations for the year as its hard-seltzer business “deteriorates further,” analysts at Goldman Sachs said Tuesday.

Why Boston Beer Stock Jumped 11% This Week

Is a growth rebound on the way?

Moore Kuehn, PLLC Encourages Investors of TWOU and SAM to Contact Law Firm

NEW YORK , June 16, 2022 /PRNewswire/ -- Moore Kuehn, PLLC, a securities law firm located on Wall Street, is investigating potential claims involving directors and officers regarding possible breaches o...

Other symbols: TWOU

This Top Brewer Is Entering a Volatile Growth Industry

Boston Beer is going to sell cannabis-infused iced tea products in the Canadian marijuana market.

The Boston Beer Company Introduces TeaPot, A New Line of Cannabis-Infused Iced Teas

Initially available in Canada, TeaPot is the first beverage brand developed by BBCCC Inc, the cannabis subsidiary of Boston Beer. BOSTON, May 23, 2022 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE...

Truly Hard Seltzer Opens Its First Hard Seltzer Taproom, Truly LA, in Downtown Los Angeles

The new brick-and-mortar location will offer drinkers and culture seekers a fully immersive Truly experience led by flavor and variety BOSTON , May 19, 2022 /PRNewswire/ -- Truly Hard Seltzer , a leader...

Is Prohibition Back? Boston Beer Company Shareholders Feel Like It Is

Boston Beer's first quarter was rough. Can the company turn it around in the remainder of 2022?

3 Potential M&A Deals That Could Be Huge Stock Movers

These are the best potential M&A deals to invest in now. SAM, PTON, and SOFI can make great investments in 2022.

Other symbols: PTONSOFI

Bear of the Day: The Boston Beer Company, Inc. (SAM)

Boston Beer was never going to be able to keep up its hyperbolic run and SAM shares have tumbled over the last 12 months as Truly's growth slows to more reasonable levels.

Is Boston Beer Due for a Rebound in 2022?

The beer giant is still struggling with weaker hard seltzer demand.

9 Sin Stocks For Your Watchlist: Alcohol, Cannabis & Casinos

Here are the nine sin stocks (alcohol stocks, cannabis stocks, gambling stocks, sports betting stocks, etc.) to keep on your radar: MGM: More Than a Casino Stock You could say that MGM Resorts Internati...

Boston Beer (SAM) Reports Q1 Loss, Misses Revenue Estimates

Boston Beer (SAM) reports a loss per share and a revenue decline in Q1 on lower shipments and depletions, as well as margin contraction.

What Should Investors Take Away From Boston Beer's Earnings?

Earnings are expected to show more trouble for SAM Stock. But analysts continue to believe a turnaround is in sight.

Boston Beer (SAM) Reports Q1 Loss, Lags Revenue Estimates

Boston Beer (SAM) delivered earnings and revenue surprises of -107.81% and 3.26%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?