SAM - The Boston Beer Company, Inc.
386.92 0.00 (0.00%)
After hours: 5:09PM EDT
| Previous Close | 396.83 |
| Open | 400.17 |
| Bid | 386.92 x 1000 |
| Ask | 386.93 x 1100 |
| Day's Range | 385.14 - 401.05 |
| 52 Week Range | 230.93 - 401.05 |
| Volume | 146,835 |
| Avg. Volume | 168,469 |
| Market Cap | 4.514B |
| Beta (3Y Monthly) | 0.86 |
| PE Ratio (TTM) | 42.65 |
| EPS (TTM) | 9.07 |
| Earnings Date | Jul 25, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 295.17 |
- InvestorPlace•4 days ago
3 Legal Highs for Your Portfolio
Marijuana stocks are hot in today's market, but pot stocks are not the only way for you to profit from the habits of other people. Alcohol has been legal in America for 85 years, and the industry's consolidation has delivered some solid investment opportunities. These are companies with solid growth prospect that you can invest in with confidence.You can also quench your thirst in a few ways. You can go with diversity in Constellation Brands (NYSE:STZ), you can go for global growth with Anheuser Busch InBev (NYSE:BUD), or you can go for U.S. growth with The Boston Beer Co. (NYSE:SAM). * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond Each one has a compelling back story worth knowing:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Constellation Brands (STZ)Source: Shutterstock If you're into the marijuana business, the best liquor play has you covered. That would be Constellation Brands, with a five-year gain more than double that of the Nasdaq average, and a rising dividend as well.Constellation is based in upstate New York as a wine company but is better known today for its beer and spirits. It owns Modelo as well as the U.S. rights to Corona beer and has a full range of liquor brands including Svedka Vodka, Casa Noble Tequila and Black Velvet Canadian whiskey.Constellation is a heavy advertiser and is strongest in the U.S. market, where it has 11% of the in-store wine market and over one-third of its sales. The company brings more than one-third of revenue to the net income line, which meant $3.4 billion of net income on $8 billion of revenue during the quarter ending in February. Sales were up 25% between 2015-2018 and 13 of 19 analysts following the stock rate it a buy.If you still want a pot stock, however, Constellation is a pot stock. It has agreed to buy 35% of Canopy Growth (NYSE:CGC), the Canadian marijuana grower with 30% of that country's market share as it prepares for legal recreational sales. Anheuser Busch InBev (BUD)Source: Paul Sableman via FlickrThe owner of the Budweiser brand is also your best bet for getting in on the global growth story in beer. Anheuser Busch InBev grew through acquisitions from a small Brazilian brand called Brahma, under the leadership of 3G Capital, the global investment firm that also put together Restaurant Brands International (NYSE:QSR) and Kraft-Heinz (NYSE:KHC). The company, known as InBev, bought Budweiser in 2008 and took its name.BUD stock has surged 36% in 2019, but it's still down 14% in the last 12 months. The dividend of $1.12 gives it a yield of 1.7%. Management sets the dividend each quarter, and it varies based on results, but the company is devoted to the return.In its continuing battle with craft brews, Budweiser has been innovating by crafting a brand called Reserve Copper Lager with the Jim Beam distillery and signing deals with baseball and basketball unions to put their athletes into its ads -- the first time in years active athletes have been represented. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond The company's financials emphasize its global footprint and around 20% of its sales are in North America. During 2017, it had net income from continuing operations of $5.7 billion on revenue of $54.6 billion. Boston Beer (SAM)Source: Phil Dubois via Flickr (Modified)The Boston Beer Co. is the hottest stock in the beverage industry right now, up 59% so far in 2019. But SAM stock's jump has not been because of beer.Boston Beer helped jump-start the craft beer movement with its Sam Adams line, which it began brewing in 1984. While the beer is named for the Revolutionary War leader, co-founder, chairman and spokesman Jim Koch is not related to him and much of the beer is brewed outside Bethlehem, Pennsylvania, in Breinigsville.The recent run-up in the stock is thanks to a hard cider, called Angry Orchard, which was launched in 2012 and now represents 20% of the company's volume. In keeping with the founder's German-American roots, the company is also building beer gardens, large facilities in central cities that can also draw tourists.Boston Beer needed the kick of cider because its beer brands remain under pressure from big brewers like Bud, on the one hand, and tiny craft brewers on the other, which consider Boston Beer a big brewer. There are only 8.24 million shares outstanding, so its $9.3 million in net income for the first quarter came to 80 cents per share.The company's relatively small size, a market cap of just $4.66 billion, means only ten analysts currently cover the stock, and all have it listed as a hold or sell. The shares are also very volatile. Its low for the last year was $231 per share, and its high was $393.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing, he owned shares in QSR. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy for Less Than Book * 7 Marijuana Stocks With Critical Levels to Watch * The 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond The post 3 Legal Highs for Your Portfolio appeared first on InvestorPlace.
- Simply Wall St.•8 days ago
All You Need To Know About The Boston Beer Company, Inc.'s (NYSE:SAM) Financial Health
Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as The Boston Beer...
Motley Fool•9 days agoCan Anheuser-Busch InBev Show Craft Beer the Way Back to Growth?
It may be time for craft beer to drop its premium pricing.
- Motley Fool•11 days ago
Why Boston Beer Stock Popped 20.2% in June
The craft brewing leader easily outpaced the broader market's rise last month. Here's what happened.
- Investopedia•13 days ago
3 Charts Suggest Investors Will Be Buying Beer Stocks
Bullish chart patterns in beer stocks suggest that this niche segment could be one to watch over the weeks and months ahead.
- Yahoo Finance•15 days ago
Beer drinking 'isn't dead': Corona maker CEO
Beer buying is alive and well at Corona-maker Constellation Brands.
- Zacks•21 days ago
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- Zacks•21 days ago
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- Motley Fool•29 days ago
Is 2019 the Year Craft Beer Sales Turn Negative?
Industry growth has been in everything but beer.
- Zacks•29 days ago
Here's Why Boston Beer Stands Out From Alcohol-Beverage Peers
Boston Beer (SAM) gains from momentum in shipment volume and depletion, driven by its three-point growth plan. This places it ahead of peers in an otherwise struggling alcohol industry.
- Insider Monkey•last month
Is The Boston Beer Company Inc (SAM) A Good Stock To Buy ?
While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and optimism towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the first quarter and hedging or reducing many of their […]
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- TheStreet.com•last month
Best and Worst Beer Stocks
On Monday, Credit Suisse initiated Molson Coors Brewing Co. Credit Suisse proposed two scenarios, one of which has the stock rising to $71, and another which projects the shares falling to $43. Molson Coors has been in a bear channel (blue lines) for about three years, consisting of numerous lower highs and lower lows.
- Investing.com•last month
Molson Coors Downed on Credit Suisse Comments
Investing.com - Shares of Molson Coors slumped in midday trading after a negative sell-side research note said there is no clear path for stabilization of the stock.
- American City Business Journals•last month
Why Colorado craft-beer makers are so bubbly about the hard-seltzer market
The hottest new trend among Colorado craft brewers isn’t beer at all — but rather the brewing of hard-seltzer beverages that are beginning to pace with some of the most well-known local and national beer brands in bar and liquor-store sales as health-conscious consumers seek lower-calorie ways to quench their thirst with an alcoholic drink. At least five significantly sized Colorado craft breweries have launched or are preparing to launch lines of hard seltzers, and one has experienced significant sales right out of the gate. Just five months after debuting its Wild Basin Boozy Sparkling Water, Oskar Blues Brewery officials report that it’s their second-biggest-selling brand and is the fastest-growing brand in the portfolio of Canarchy Brewery Collective, their Longmont-based parent company that operates seven breweries in six states.
- Barrons.com•2 months ago
Sell Boston Beer Stock and Buy Encompass Health, Analysts Say
Asked to name 20 stocks poised to move in the next six months, analysts at UBS tapped an alcoholic-beverages company for a loss and pegged a health-care services provider as the biggest likely gainer.
Motley Fool•2 months agoActivist Investor Tells Craft Brew Alliance It's Time to Sell
The brewer needs to prepare now in case Anheuser-Busch doesn't come through with an offer by the August deadline.
- Benzinga•2 months ago
Barron's Picks And Pans: Boston Beer, MGM, Target, Visa And More
This weekend's Barron's cover story takes a look at digital payments giants. Other featured articles review the top dividend payers of the first quarter; placing bets on the future of tech; tariffs and ...
- Barrons.com•2 months ago
Tariffs Raise the Price of a Beer? Say It Ain’t So!
“The Section 232 aluminum tariffs are a $350 million annual tax on beer,” Beer Institute President Jim McGreevy tells Barron’s. “That’s a drag on beer that wine and other spirits don’t have. McGreevy is referring to Section 232 of the Trade Expansion Act of 1962, which says a U.S. president can impose tariffs on foreign goods in the interest of national security. President Donald Trump imposed tariffs on imported steel and aluminum in March 2018, leading to a 35% increase in the price of aluminum shortly thereafter.
- Benzinga•2 months ago
UBS Questions Boston Beer's Dogfish Head Purchase, Increasing Exposure To Difficult Craft Beer Category
The craft beer market is getting crowded with new brews showing up and taking share away from established craft brewers. The company, which makes Sam Adams, has acknowledged the challenge for its kind of company – one of the pioneers in the craft beer industry that grew to be a dominant brand. The company has blamed stagnation on regional fragmentation, with more and more local brews driving declines in leading national brands, like Sam Adams.
- Zacks•2 months ago
Beverages - Alcohol Industry Trends Suggest Growth in the Future
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- Motley Fool•2 months ago
Boston Beer Bets $300 Million There's Still Growth in Craft Beer
It pairs two industry leaders who will be hard-pressed to overcome the niche's slowing growth trajectory.
- Motley Fool•2 months ago
Uber's Underwhelming IPO
After years of hype, Uber's IPO opened at the low end of its range, and didn't do much more than that.
- Yahoo Finance Video•last month
'Dad Bod' beer or $10K Omega watch? Craziest Father's Day gift ideas for dad
Will Duclaw Brewing Company's new double IPA, "Dad Bod" beer be a crowd favorite this Father's Day? Yahoo Finance's Zack Guzman, Kristin Myers, Sibile Marcellus & Heidi Chung discuss.
