The Boston Beer Company, Inc. (SAM)
Market Cap | 3.23B |
Revenue (ttm) | 2.02B |
Net Income (ttm) | 97.80M |
Shares Out | 11.95M |
EPS (ttm) | 8.00 |
PE Ratio | 34.30 |
Forward PE | 27.01 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 18,769 |
Open | 274.74 |
Previous Close | 275.07 |
Day's Range | 269.95 - 274.74 |
52-Week Range | 264.63 - 395.52 |
Beta | 1.03 |
Analysts | Hold |
Price Target | 333.93 (+23.59%) |
Earnings Date | Apr 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 $333.93, which is an increase of 23.59% from the latest price.
News
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 ...
Boston Beer Reports First Quarter Financial Results
BOSTON, April 25, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for the first quarter ended March 30, 2024. Key results were:
The Boston Beer Company Debuts First-of-its-Kind Non-Alc Beverage, General Admission, Available Now via Direct-to-Consumer Shipping
BOSTON, April 19, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, makers of Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard and Dogfish Head, debuts a new first-of-its-kind non-alcoholi...
Dogfish Head Expands Distribution of Spirits-Based RTD Cocktails to Western Canada
Drinkers in Alberta, British Columbia, Manitoba and Saskatchewan to see Dogfish Head's Bar Cart Vodka Mix Pack hitting shelves this month Drinkers in Alberta, British Columbia, Manitoba and Saskatchew...
TeaPot Releases New 'Good Evening Iced Tea' in Blackberry Rooibos
Boston Beer Company's cannabis beverage brand continues expansion across Canada BOSTON , April 15, 2024 /PRNewswire/ -- TeaPot, the cannabis-infused iced tea brand from The Boston Beer Company, announ...
Jim Beam Kentucky Coolers Welcomes Fresh Wave of Flavor with Four New Varieties
New 12-Pack of Ready-To-Drink Refreshers Hits Shelves Just in Time for Spring New 12-Pack of Ready-To-Drink Refreshers Hits Shelves Just in Time for Spring
TWISTED TEA HARD ICED TEA UNVEILS GAME-CHANGING TWIST FOR GOLFERS: CHEATER PANTS
America's favorite hard iced tea is introducing a first-of-its-kind innovation to offer the ultimate golfing advantage with an extra ball right in your pants. America's favorite hard iced tea is intro...
Samuel Adams Brewing the American Dream® Announces Funkytown Collaboration Brew as Applications Open for the 13th Brewing & Business Experienceship
Rising Craft Brewers Offered One-of-a-Kind Opportunity Through Samuel Adams' Philanthropic Program Rising Craft Brewers Offered One-of-a-Kind Opportunity Through Samuel Adams' Philanthropic Program
Dogfish Head Craft Brewery to Launch Sippin' & Flippin' Giveaway, Winner to Receive All-Expenses Paid Trip to a Concert of Their Choice
Sippin' & Flippin' to kick-off Dogfish Head's month-long music celebration, which includes a partnership with Record Store Day, a host of sponsored concerts and events, and more. Sippin' & Flippin' to...
TRULY® HARD SELTZER BRINGS GOOD VIBES TO NEW HEIGHTS WITH THE NATIONAL LAUNCH OF TRULY® TEQUILA SODA
Tequila soda is the latest innovation from Truly, available nationwide just in time for spring and summer sipping Tequila soda is the latest innovation from Truly, available nationwide just in time fo...
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The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
Top 3 Defensive Stocks That May Explode This Month - Seaboard (AMEX:SEB), Boston Beer Co (NYSE:SAM)
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The Boston Beer Company Announces CEO Succession Plan
Dave Burwick to Retire; Michael Spillane Appointed President and Chief Executive Officer Effective April 1 Dave Burwick to Retire; Michael Spillane Appointed President and Chief Executive Officer Effe...
Boston Beer Reports Fourth Quarter Financial Results
BOSTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for its fourth quarter and full fiscal year 2023 that ended December 30, 2023. The...
Dogfish Head Cocktails Launches New High-ABV Recipes, Pineapple Orange Rum Mai Tai & Passion Fruit Citrus Vodka Mule
MILTON, Del., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Dogfish Head Cocktails introduces two new higher-ABV recipes, Pineapple Orange Rum Mai Tai and Passion Fruit Citrus Vodka Mule . Clocking in at 12.0% AB...
Dogfish Head Wants to Cure Those Cold-Weather Blues with an Announcement of its Springtime Brews
Milton, Del., Feb.
Alcohol trends and stocks for investors to watch
Spirits are gaining their share in the US alcohol market as consumer demographics — both men and women — are diversifying their palettes and becoming more open to what they drink. Nadine Sarwat, Berns...
HOT WINGS MEET HARD SELTZER! TRULY HARD SELTZER SPICES UP GAME DAY WITH FIRST-EVER HOT WING-INSPIRED SELTZER
This Limited-Edition Style Fuses Two Game Day Favorites Like Never Before, Helping Football Fans Keep It Light At Watch Parties This Limited-Edition Style Fuses Two Game Day Favorites Like Never Befor...
The Boston Beer Company's Slingers Signature Cocktails™ Enters Phase Two of Test Launch, Expanding Distribution from 3 to 19 Wholesalers
Boston, MA, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, makers of Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard and Dogfish Head, excitedly announces the expanded distrib...
Samuel Adams and DraftKings Team Up For First-Of-Its-Kind Fan Prediction Pool For Groundhog Day
Move over Punxsutawney Phil! Compete for a Share of $10,000 Worth of Cash Prizes by Predicting Weather Forecast via ‘Groundhog Day Prediction Pool Presented by Samuel Adams Cold Snap' Move over Punxsu...
Samuel Adams Debuts ‘Due Date, Brew Date' to Rally Expecting Couples to Embrace a Booze-Free Bond In Solidarity of Their Pregnant Partner
This Dry January, Accept the Challenge to Trade In Your Go-To Brew for a 40-Week Supply of Samuel Adams Non-Alcoholic IPA, Just The Haze This Dry January, Accept the Challenge to Trade In Your Go-To B...