Boston Beer (NYSE:SAM) Reaches New 1-Year Low – Should You Sell?

The Boston Beer Company, Inc. (NYSE:SAM) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $183.01 and last traded at $185.2440, with a volume of 65950 shares traded. The stock had previously closed at $188.54.

Wall Street Analyst Weigh In

SAM has been the subject of a number of research analyst reports. Roth Mkm set a $315.00 target price on shares of Boston Beer in a research note on Friday, May 1st. Citigroup decreased their price target on shares of Boston Beer from $270.00 to $250.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. UBS Group lowered their price target on shares of Boston Beer from $250.00 to $245.00 and set a “neutral” rating for the company in a report on Friday, May 1st. Evercore set a $240.00 price objective on Boston Beer in a report on Friday, May 1st. Finally, Zacks Research upgraded Boston Beer from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 23rd. Ten investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $235.64.

Boston Beer Stock Performance

The company has a market cap of $1.94 billion, a price-to-earnings ratio of -29.51, a PEG ratio of 2.54 and a beta of 0.88. The firm’s 50-day moving average price is $232.48 and its 200 day moving average price is $218.22.

Boston Beer (NYSE:SAM) last announced its quarterly earnings data on Thursday, April 30th. The company reported $1.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.32). Boston Beer had a negative net margin of 2.96% and a positive return on equity of 12.08%. The business had revenue of $433.93 million during the quarter, compared to the consensus estimate of $436.06 million. During the same period in the previous year, the business posted $2.16 earnings per share. Boston Beer’s revenue was down 4.4% compared to the same quarter last year. Boston Beer has set its FY 2026 guidance at 8.500-10.500 EPS. As a group, equities research analysts predict that The Boston Beer Company, Inc. will post 9.77 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SAM. Quent Capital LLC bought a new position in Boston Beer in the third quarter valued at approximately $27,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Boston Beer during the fourth quarter worth $35,000. Ascentis Independent Advisors bought a new stake in Boston Beer in the 1st quarter valued at $37,000. Covestor Ltd boosted its stake in Boston Beer by 180.9% in the 4th quarter. Covestor Ltd now owns 250 shares of the company’s stock worth $49,000 after purchasing an additional 161 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Boston Beer by 154.9% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232 shares of the company’s stock worth $49,000 after purchasing an additional 141 shares during the period. 81.13% of the stock is owned by institutional investors and hedge funds.

About Boston Beer

The Boston Beer Company, Inc (NYSE: SAM) is a leading craft brewer headquartered in Boston, Massachusetts. Since its founding in 1984 by Jim Koch, the company has focused on producing high-quality, distinctive beers and beverages for retail, on-premise, and distribution partners across the United States. Its operations include brewing, packaging, marketing and distribution, supported by a network of wholly owned brewing facilities and strategic partnerships with regional breweries.

Boston Beer’s flagship brand, Samuel Adams Boston Lager, helped establish the modern U.S.