The Boston Beer Company, Inc. (SAM) Sets 52-Week High at $219.60

April 16, 2018 - By Mary Markley

During 2017 Q4 the big money sentiment decreased to 0.87. That’s change of 0.28, from 2017Q3’s 1.15. 25 investors sold all, 90 reduced holdings as The Boston Beer Company, Inc. ratio is negative. 56 rose positions while 44 funds acquired positions. Funds hold 8.44 million shares thus 3.57% less from 2017Q3’s 8.75 million shares.
Parallax Volatility Advisers L P accumulated 1,360 shs. Usa Financial Portformulas Corp has invested 0.11% of its capital in The Boston Beer Company, Inc. (NYSE:SAM). Cookson Peirce & Com, a Pennsylvania-based fund reported 1,480 shs. The California-based Eqis Capital has invested 0.02% in The Boston Beer Company, Inc. (NYSE:SAM). Neuberger Berman Group Incorporated Ltd Liability holds 94,635 shs or 0.02% of its capital. U S Global reported 7,067 shs. Minnesota-based Thrivent For Lutherans has invested 0% in The Boston Beer Company, Inc. (NYSE:SAM). Metropolitan Life Insur Co Ny reported 4,888 shs or 0.01% of all its holdings. Btim Corporation accumulated 65,497 shs. Jpmorgan Chase & has invested 0% of its capital in The Boston Beer Company, Inc. (NYSE:SAM). State Board Of Administration Of Florida Retirement Sys holds 4,537 shs or 0% of its capital. Bnp Paribas Arbitrage Sa owns 4,703 shs. Zurcher Kantonalbank (Zurich Cantonalbank) holds 431 shs or 0% of its capital. The Michigan-based Comerica Bank & Trust has invested 0.01% in The Boston Beer Company, Inc. (NYSE:SAM). Bartlett And Ltd Liability owns 0% invested in The Boston Beer Company, Inc. (NYSE:SAM) for 33 shs.

The Boston Beer Company, Inc. registered $29.91 million net activity with 0 buys and 23 sales since October 31, 2017. $1.53 million worth of The Boston Beer Company, Inc. (NYSE:SAM) was sold by Geist John C. On Wednesday, December 13 the insider Grinnell David L. sold $186,750. 439 shs valued at $75,464 were sold by POTTER JONATHAN N. on Tuesday, October 31. Shares for $950,050 were sold by Burwick David A. On Tuesday, January 2 93 shs were sold by Fisher Cheryl, worth $17,569. 64 shs valued at $12,090 were sold by HEATH TARA L. on Tuesday, January 2.

The company The Boston Beer Company, Inc. (NYSE:SAM) hit 1-year high with $234.97 price target or 7.00 % above today’s $219.60 stock price. Barchart.com announced it on Apr, 16. It has $2.58 billion market cap. At our $234.97 price target, the company worth will be $180.46 million more.

On during the last trading session the stock increased $6.95 or 3.27%, reaching $219.6.The Boston Beer Company, Inc. has 193,936 shares volume, 25.61% up from normal. SAM is uptrending and has moved 25.34% since April 16, 2017. The stock outperformed the S&P500 by 13.79%.

Analysts await The Boston Beer Company, Inc. (NYSE:SAM) to report earnings on April, 25. They expect $0.38 earnings per share, down 15.56 % or $0.07 from last year’s $0.45 per share. SAM’s profit will be $4.46 million for 144.47 P/E if the $0.38 EPS becomes a reality. After $0.84 actual earnings per share reported by The Boston Beer Company, Inc. for the previous quarter, Wall Street now forecasts -54.76 % negative EPS growth.

The Boston Beer Company, Inc. (NYSE:SAM) Ratings Coverage

Total analysts of 11 have positions in Boston Beer Co (NYSE:SAM) as follows: 0 rated it a “Buy”, 0 with “Sell” and 11 with “Hold”. The positive are 0. The firm has $181 highest while $138.0 is the lowest [Target]. The average target $165.75 is -24.52% below the last ($219.6) price. Since October 19, 2017 according to StockzIntelligence Inc Boston Beer Co has 17 analyst reports. On Monday, February 5 the stock has “Hold” rating by BMO Capital Markets. On Wednesday, November 15 Cowen & Co maintained The Boston Beer Company, Inc. (NYSE:SAM) with “Sell” rating. On Monday, January 8 Cowen & Co maintained the shares of SAM in report with “Sell” rating. The company rating was maintained by Citigroup on Monday, October 30. On Wednesday, April 4 Cowen & Co upgraded the shares of SAM in report to “Market Perform” rating. On Thursday, October 26 Cowen & Co maintained the shares of SAM in report with “Sell” rating. On Monday, November 13 the company was downgraded by Susquehanna. On Monday, April 16 the rating was upgraded by Goldman Sachs to “Neutral”. In Thursday, October 19 report Credit Suisse maintained it with “Neutral” rating and $151 target. On Thursday, February 22 the firm has “Neutral” rating given by Credit Suisse.

The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States.The firm is worth $2.58 billion. The Company’s flagship beer is Samuel Adams Boston Lager.The P/E ratio is 27.15. The firm sells approximately 60 beers under the Samuel Adams and the Sam Adams brands; 20 hard cider beverages under the Angry Orchard brand; 13 flavored malt beverages under the Twisted Tea brand; and 4 hard seltzer beverages under the Truly Spiked & Sparkling brand name, as well as approximately 40 beers under A&S Brewing trade name.

The Boston Beer Company, Inc. (NYSE:SAM) Institutional Investors Chart

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