Boston Beer (NYSE:SAM) Issues Earnings Results, Misses Expectations By $0.32 EPS

Boston Beer (NYSE:SAM) posted its quarterly earnings results on Thursday. The company reported $1.64 earnings per share for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.32), FiscalAI reports. Boston Beer had a return on equity of 12.16% and a net margin of 5.20%.The firm had revenue of $433.93 million for the quarter, compared to analyst estimates of $436.77 million. Boston Beer updated its FY 2026 guidance to 8.500-10.500 EPS.

Boston Beer Stock Up 0.2%

SAM stock traded up $0.38 during midday trading on Thursday, hitting $236.87. The company’s stock had a trading volume of 217,493 shares, compared to its average volume of 183,781. The stock has a market cap of $2.47 billion, a price-to-earnings ratio of 24.32, a PEG ratio of 2.30 and a beta of 0.90. The stock’s 50-day moving average price is $234.96 and its 200 day moving average price is $218.89. Boston Beer has a 1 year low of $185.34 and a 1 year high of $264.46.

Institutional Trading of Boston Beer

Large investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Boston Beer by 154.9% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 232 shares of the company’s stock valued at $49,000 after acquiring an additional 141 shares during the last quarter. Group One Trading LLC bought a new stake in shares of Boston Beer in the 4th quarter worth approximately $52,000. CIBC Private Wealth Group LLC raised its holdings in shares of Boston Beer by 4,780.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 244 shares of the company’s stock worth $52,000 after purchasing an additional 239 shares during the period. US Bancorp DE lifted its stake in Boston Beer by 28.2% in the third quarter. US Bancorp DE now owns 386 shares of the company’s stock valued at $82,000 after purchasing an additional 85 shares during the last quarter. Finally, Quarry LP lifted its stake in Boston Beer by 447.9% in the third quarter. Quarry LP now owns 515 shares of the company’s stock valued at $109,000 after purchasing an additional 421 shares during the last quarter. Hedge funds and other institutional investors own 81.13% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on SAM. Wall Street Zen upgraded Boston Beer from a “sell” rating to a “hold” rating in a report on Sunday, April 12th. Weiss Ratings downgraded shares of Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, February 25th. Citigroup raised their price objective on shares of Boston Beer from $230.00 to $270.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Morgan Stanley lowered their target price on shares of Boston Beer from $245.00 to $235.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 25th. Finally, Zacks Research upgraded Boston Beer from a “strong sell” rating to a “hold” rating in a research note 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’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $232.30.

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.