The Boston Beer Company, Inc. (SAM)
Market Cap | 4.21B |
Revenue (ttm) | 2.06B |
Net Income (ttm) | 82.96M |
Shares Out | 12.19M |
EPS (ttm) | 6.77 |
PE Ratio | 51.05 |
Forward PE | 31.70 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 62,447 |
Open | 346.97 |
Previous Close | 349.30 |
Day's Range | 345.12 - 348.10 |
52-Week Range | 296.27 - 420.50 |
Beta | 1.10 |
Analysts | Hold |
Price Target | 336.71 (-2.57%) |
Earnings Date | Feb 14, 2024 |
About SAM
The Boston Beer Company, Inc. engages in the production and sale of 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 Hard Seltzer, Angry Orchard, Dogfish Head, Angel City, Coney Island, and Havana Lager 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, im... [Read more]
Financial Performance
In 2022, SAM's revenue was $2.09 billion, an increase of 1.59% compared to the previous year's $2.06 billion. Earnings were $67.26 million, an increase of 362.19%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for SAM stock is "Hold." The 12-month stock price forecast is $336.71, which is a decrease of -2.57% from the latest price.
News
Alcohol sales underperform when cannabis is available, says Cowen's Vivien Azer
Vivien Azer, Cowen & Co. senior research analyst, joins 'Power Lunch' to discuss the headwinds for the craft beer sector.
KEEP IT LIGHT THIS HOLIDAY SEASON: TRULY HARD SELTZER WANTS TO PAY THE UTILITY BILL FOR YOUR HOLIDAY LIGHTS DISPLAY
Holiday home lighting enthusiasts can enter to win $350 to keep their holiday lights on into the New Year; One grand prize winner will win an epic energy-efficient December Holiday lighting upgrade i...
UTOPIAS 2023 CONTINUES THE SAMUEL ADAMS 20+ YEAR TRADITION AS ONE OF THE WORLD'S STRONGEST BEERS
With a price tag of $240 per bottle, and an alcohol level of 28% ABV, Utopias is banned in 15 states. BOSTON , Oct. 31, 2023 /PRNewswire/ -- Since its introduction in 2001, Samuel Adams Utopias® has e...
Boston Beer's stock falls 6% after profit miss as company lowers guidance
Boston Beer Co.'s stock SAM, -2.01% tumbled 6% after hours Thursday, after the brewer of Sam Adams beer . The company posted net income of $45.3 million, or $3.70 a share, for the quarter, up from $27...
BOSTON BEER REPORTS THIRD QUARTER FINANCIAL RESULTS
BOSTON , Oct. 26, 2023 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for its third quarter that ended September 30, 2023. Key results were: Third Quarter ...
You'll Want in on These Consumer Staples After Reading This
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Samuel Adams Just Unlocked Beer Lovers' Phobia: Cenosillicaphobia
Brewery Introduces 'Beer Fest, Fear Fest' to Solve the Fear of An Empty Beer Glass This Spooky Season BOSTON, Sept. 26, 2023 /PRNewswire/ --Fall is undoubtedly Beer Season.
SUMMER AND SELTZER SEASON LIVE ON! TRULY HARD SELTZER CELEBRATES RETURN OF FAN-FAVORITE FLAVOR, TRULY ROSÉ, IN NEWEST LIMITED RELEASE
Truly Fans Celebrate National Hard Seltzer Day with the Return of Truly Rosé Plus Three New Flavors in Newest Seasonal Mix Pack BOSTON , Sept. 20, 2023 /PRNewswire/ -- Is summer just a state of mind?
PLTW Announces Samuel Adams as EVP and Chief Financial Officer
INDIANAPOLIS--(BUSINESS WIRE)--Project Lead The Way (PLTW), a national nonprofit based in Indianapolis that equips PreK-12 students for a STEM-driven world with teacher-empowered curriculum in compute...
Samuel Adams Celebrates 15 Years of Brewing the American Dream and $100 Million in Small Business Funding
Philanthropic Program Reaches New Heights of Impact for Small Food & Beverage Businesses Nationwide BOSTON , Aug. 17, 2023 /PRNewswire/ -- As Brewing the American Dream celebrates 15 years supporting ...
Boston Beer Company Releases 2022 ESG Report
BOSTON , Aug. 1, 2023 /PRNewswire/ -- The Boston Beer Company, (NYSE: SAM), maker of iconic, high-quality brands such as Samuel Adams, Truly Hard Seltzer, Twisted Tea, Dogfish Head and Angry Orchard, ...
Intel is chipper, Boston Beer fizzes, and other movers
Intel Corp. stock INTC, +0.55% surged 7% after the Dow Jones Industrial Average DJIA, -0.67% component reported results that showed PC and data-center sales beat expectations.
Trending stocks July 27, 2023: Boston Beer Company earnings beat, Anheuser-Busch layoffs
Yahoo Finance anchors Josh Schafer, Seana Smith, and Allie Canal discuss Boston Bear Company earnings, and Anheuser-Busch layoffs.
Boston Beer stock rallies, as Twisted Tea makes up for flat seltzer demand in Q2
Shares Boston Beer Co. rallied after hours on Thursday after the alcoholic-beverage maker reported second-quarter results that beat estimates, as the Fourth of July holiday and demand for Twisted Tea ...
BOSTON BEER REPORTS SECOND QUARTER FINANCIAL RESULTS
BOSTON , July 27, 2023 /PRNewswire/ --- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for its second quarter that ended July 1, 2023. Key results were: Second Quarter 202...
TeaPot Introduces first "Good Evening Iced Tea" with New Blueberry Chamomile
Boston Beer Company's cannabis brand continues its expansion with its third style BOSTON , July 25, 2023 /PRNewswire/ -- TeaPot, the cannabis-infused iced tea brand from The Boston Beer Company, Inc. ...
Boston Beer names Diego Reynoso its next CFO
Boston Beer Co. SAM, +1.07% late Monday said it has appointed Diego Reynoso as its chief financial officer and treasurer, effective Sept. 5. Reynoso has more than 25 years of experience in finance and...
BOSTON BEER NAMES DIEGO REYNOSO CHIEF FINANCIAL OFFICER AND TREASURER, EFFECTIVE SEPTEMBER 5, 2023
BOSTON , July 24, 2023 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM), today announced the appointment of Diego Reynoso as its Chief Financial Officer and Treasurer, effective September 5, ...
Lightly Fantastic: Truly Hard Seltzer Defies Gravity and Expectations With 'Zero Gravity Bar'
In Partnership with Zero-G, Truly is Elevating Fans' Summers With First-ever Weightless Drinking Pop-up Experience BOSTON , July 10, 2023 /PRNewswire/ -- Boston Beer Company's Truly Hard Seltzer, a le...
3 Reasons Boston Beer Stock Could Finally Hop Higher
For The Boston Beer Company, Inc. NYSE: SAM shareholders, the last two years have been far from a Boston Tea Party. Maybe it relates to the Bruins, Celtics, Patriots and Red Sox teams' collective fail...
Boston Beer's Twisted Tea Could Be a Summer Hit. Belly Back Up to the Stock.
The hard-seltzer boom has fizzled, but don't count out Boston Beer just yet. The beaten-up stock looks ready to heat up this summer.
Uncle Arnie's cannabis beverage startup lands backing from Boston Beer Co. founding partners and other big names
Two founding partners of Boston Beer Co. and the former CEO of Ally Financial Inc. are among the investors in a new round of capital to fuel the expansion of U.S.-based cannabis beverage maker Uncle A...
Samuel Adams Introduces the 'I CAN't' Can to Help Drinkers Scratch the Itch to Ditch
The Ultimate Accessory to Get Back to the True Meaning of Summer: Beer BOSTON, June 7, 2023 /PRNewswire/ -- Samuel Adams believes summer should be about letting loose with a cold beer. But, all too of...