|Bid||1,007.80 x 900|
|Ask||1,012.00 x 900|
|Day's Range||1,005.18 - 1,033.27|
|52 Week Range||519.17 - 1,349.98|
|Beta (5Y Monthly)||0.79|
|PE Ratio (TTM)||52.61|
|Earnings Date||Jul 21, 2021 - Jul 26, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1,402.67|
Boston Beer (SAM) retains positive investor sentiments on strong business trends. Robust shipments and depletions along with strength in the Truly and Twisted Tea brands have been drivers.
UBS analysts say the decline could be temporary as more people develop a taste for the fizzy beverages.
The beer industry is made up of companies specializing in the production of beer, although many of them produce other alcoholic and non-alcoholic beverages. As a result, the beer industry is part of the much broader consumer staples sector. Beer stocks, represented by the broad Consumer Staples Select Sector SPDR ETF (XLP), have underperformed the broader market.