297.81 -2.19 (-0.73%)
After hours: 4:26PM EDT
|Bid||298.88 x 1000|
|Ask||299.13 x 800|
|Day's Range||284.34 - 304.68|
|52 Week Range||215.40 - 329.95|
|Beta (3Y Monthly)||0.80|
|PE Ratio (TTM)||33.05|
|Earnings Date||Jul 24, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||276.36|
The king of American craft beer, SAM has really struggled to create meaningful growth in the past few years as the craft market progressively becomes more and more saturated. The company credited the $61.2 million increase to a 32.5% jump in shipments. Gross margins were off by about 1%, as costs did increase in relation to increased production and higher labor costs.
Dow futures were off, but the S&P 500 and Nasdaq Composite were in line to open higher, as more companies reported their earnings.
Boston Beer's (SAM) first-quarter earnings and sales gain from strong shipment volume and depletions growth. The company perks up shipments and depletions view for 2019.
The craft brewer is still working hard on its popular Sam Adams brand, but its non-beer offerings are holding up the fort in the meantime.
On a per-share basis, the Boston-based company said it had profit of $2.02. Earnings, adjusted for pretax gains, came to $1.87 per share. The brewer posted revenue of $251.7 million in the period. Boston ...
BOSTON, April 24, 2019 /PRNewswire/ -- The Boston Beer Company, Inc. (NYSE: SAM) reported first quarter 2019 net revenue of $251.7 million , an increase of $61.2 million or 32.1% from the same period last ...
Boston Beer's (SAM) first-quarter results are likely to reap benefits of the ongoing strength in shipments and depletions. However, soft Samuel Adams brand performance and higher costs remain woes.
The top beer stocks have a market cap exceeding $2 billion and are trading on leading American stock exchanges. Here are the top beer stocks of 2018.
This weekend's Barron's cover story features a close look at a popular music streaming service. Other featured articles examine the prospects for a beverage giant, a semiconductor leader and a hot IPO. ...
The maker of Sam Adams has successfully diversified into hard cider and spiked seltzer and tea. But there is little upside left in its shares as bigger rivals move in.
Boston Beer (SAM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Zinke has a new more than $100,000-a-year job with U.S. Gold Corp., while this year’s Time 100 list is getting attention for including both new Supreme Court Justice Brett Kavanaugh and Christine Blasey Ford.
Today we will run through one way of estimating the intrinsic value of The Boston Beer Company, Inc. (NYSE:SAM) by taking the expected future cash flows and discounting them to their present value. I will use the Discounted Ca...
Signing bonuses and recruitment stock awards boosted the total compensation of Boston Beer’s new CEO in 2018, coming in 264 times higher than the median employee.
The niche products big brewers are coming up with to offset lagging beer sales are doing well, but taking share away from the original product, Goldman Sachs said Thursday. Goldman updated its beer industry ...
is still a best in class sin stock for investors eyeing cannabis and beer. Shares of the Victorville, New York-based alcohol and cannabis company fell about 1% shortly after Friday's open as the stock ran into overbought territory on technical indicators and was hit with a downgrade from Deutsche Bank. "In short, the story (in our view) has been successfully 'refreshed' after months of confusion over wine dilution/Canopy impacts, and lingering concerns over potential beer fundamental erosion," Deutsche Bank analyst Steve Powers said.
, the maker of Sam Adams beer, Twisted Tea and Angry Orchard cider, lost some of their fizz on Friday after receiving a downgrade from Goldman Sachs and a lower price target. Boston Beer stock was down more than 3%, or $9.95, at $274 in trading on the New York Stock Exchange after Goldman Sachs analyst Judy Hong downgraded the company to sell from neutral and lowered her 12-month price target for the shares to $245 from $270. Specifically, the analyst pointed to slower growth from the company's Twisted Tea line of hard ice tea malt beverages as well as slower sales from its Angry Orchard Rose cider.