|Bid||352.00 x 1200|
|Ask||366.39 x 800|
|Day's Range||360.23 - 367.15|
|52 Week Range||230.93 - 444.65|
|Beta (3Y Monthly)||0.61|
|PE Ratio (TTM)||36.86|
|Earnings Date||Oct 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||397.25|
As the hard seltzer competition heats up, Truly is launching a revamp of its flavors. The Boston Beer Company's Product Development Manager Casey O’Neill joins Yahoo Finance's Zack Guzman and Emily McCormick, along with Netflix Co-Founder Marc Randolph, to discuss.
Procter & Gamble (PG) is benefiting from ongoing initiatives to improve productivity. Also, the company is focused on product improvement, packaging and marketing initiatives, and cost-saving plans.
AB InBev (BUD) agrees to buy the remaining stake in Craft Brew for $16.50 per share. The buyout is likely to strengthen AB InBev's position in the craft beer space.
Benzinga Pro's Stocks To Watch For Tuesday Anheuser-Busch InBev (BUD) - The company will purchase the remaining stake in Craft Brew Alliance (BREW) it does not already own. The deal is valued at $16.50 ...
FEMSA (FMX) acquires a minority stake in Jetro Restaurant Depot and signs agreement for a JV. The company's logistics subsidiary also makes a deal to acquire AGV.
Keurig Dr Pepper's (KDP) top and bottom lines beat estimates in third-quarter 2019 on robust underlying sales growth, margin expansion and lower debt.
On Oct. 29, Electronic Arts (NASDAQ:EA) announced that its EA Access subscription service would be available on Steam, an online gaming community, starting next spring. The move returns EA to Steam after an eight-year absence. The deal should be good for EA stock. Here's why. Greed Hasn't Been Good for Electronic Arts StockI Source: Konstantin Savusia / Shutterstock.com InvestorPlace - Stock Market News, Stock Advice & Trading Tipsn 2011, Electronic Arts launched Origin, the company's online store for buying, downloading, and playing EA games using a mobile device or PC. The cloud-based service provides gamers with convenient access to their favorite EA games. While online gaming was still in its infancy, the company felt it was the right time to launch its own online store, thereby eliminating the 30% cut it paid Steam on every sale of its games that was made on the Steam platform. Why should EA pay a 30% commission on each video-game sale when it can avoid the commission by selling games on its own platform? * 7 Under-the-Radar Retail Stocks to Buy Now On the surface, that makes a whole lot of sense. However, there are plenty of examples in which manufacturers sell both wholesale and direct. Among the high-profile examples of that phenomenon are Canada Goose (NYSE:GOOS), Boston Beer (NYSE:SAM), Nike (NYSE:NKE) and Canopy Growth (NYSE:CGC). All of them don't seem to be suffering by sharing their profits. Electronic Arts struggled for eight years to get Origin off the ground, only to see its platform languish in fifth or sixth place. That shows that the company should follow in the footsteps of the companies above and allow other retailers, like Stone, to sell its products. "(By) having its titles on Origin as well as Steam, (EA) will increase its sales substantially. Even with the 30% cut, the sheer number of sales it is now opening itself up to will net the company more money than if it only had it on its proprietary client," CBR.com contributor Esteban Cuevas stated in an article published on November 3. My only question is, what took Electronic Arts so long to reunite with Steam? The Bottom Line on EA StockDuring the summer, I wrote a piece about Electronic Arts stock, suggesting that EA stock price should hit $175 sometime in the next 18-24 months. The company's decision to rejoin Steam should help keep EA stock on track. The partnership with Steam will resume on Nov. 15 with the launch of Star Wars Jedi: Fallen Order. After that, many of the other popular EA titles will join the Steam platform. The only downside for Stone's customers is that they will need to download the Origin launcher to play EA's games. However, they will be able to access EA's games from Stone and Origin. That's a good thing.As for Electronic Arts stock, I like it over the long haul because it generates excellent free cash flow, a point another InvestorPlace contributor, Mark Hake, mentioned recently. With a free cash flow yield of 5.3%, EA stock is cheaper than most of its peers. The partnership with Steam makes Electronic Arts stock even cheaper. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Under-the-Radar Retail Stocks to Buy Now * 7 Specialty Retail Stocks to Buy Now * 5 Cannabis Stocks With "Lit" Growth Prospects The post Electronic Arts' Return to Steam Makes Total Sense for EA Stock appeared first on InvestorPlace.
U.S. stock indexes hit new highs amid U.S.-China trade war progress. Quarterly earnings results, including Uber. The episode then closes with a look at why The Boston Beer Company (SAM) is a Zacks Rank 1 (Strong Buy) stock...
The Zacks Analyst Blog Highlights: Chipotle Mexican Grill, Boston Beer, SPS Commerce, S&P Global and TransUnion
Strong job addition despite several headwinds, record-low unemployment and moderate growth in wage rate faded investors??? fears of a near-term recession.
New products are the big story in the beer industry in recent years: it's morphing into a beer-plus-other-beverages industry, and Coors is making a big change there too. The company said Wednesday it will change its name to reflect its effort to move beyond beer, replacing "Brewing" with "Beverage" to become Molson Coors Beverage Co. in January. “Our business is at an inflection point," new CEO Gavin Hattersley said Wednesday as the company reported lower-than-expected earnings and sales in its third-quarter print.
Boston Beer (SAM) posts robust third-quarter 2019 results. Further, management raises the lower end of its earnings, shipments and depletions view for the year.
Molson Coors' (TAP) third-quarter 2019 results are hurt by soft volume across all segments due to a challenging industry backdrop. However, positive pricing and mix partly offset the headwinds.
Boston Beer reported its first quarterly earnings that includes its recent acquisition of Dogfish Head Brewery, but it was its seltzer brands that took center stage.
Boston Beer (SAM) delivered earnings and revenue surprises of 28.32% and 3.79%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
BOSTON , Oct. 29, 2019 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) completed the previously reported Dogfish Head Brewery transaction and began consolidating the Dogfish Head financial results ...
Despite a slight contraction, the Massachusetts beer industry appears more robust than ever, with 200 breweries open in the state.
The Zacks Analyst Blog Highlights: Boston Beer, US Foods, e.l.f. Beauty, Grocery Outlet and Luckin Coffee
Avon's (AVP) Open Up strategy is likely to have driven performance in third-quarter 2019. However, its Europe, Middle East & Africa segment, and adverse currency are likely to have been deterrents.