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Date | Price Target | Rating | Analyst |
---|---|---|---|
10/25/2024 | $355.00 → $325.00 | Buy → Hold | Jefferies |
6/5/2024 | $290.00 | Underweight → Equal-Weight | Morgan Stanley |
5/8/2024 | $273.00 | Sell → Hold | Deutsche Bank |
3/22/2024 | $350.00 | Overweight | Piper Sandler |
1/16/2024 | $280.00 → $335.00 | Underperform → Mkt Perform | Bernstein |
11/13/2023 | $375.00 | Hold | Jefferies |
7/19/2023 | $350.00 → $300.00 | Market Perform | TD Cowen |
5/30/2023 | $274.00 → $386.00 | Neutral → Buy | ROTH MKM |
Boston Beer Co's (NYSE:SAM) short percent of float has fallen 15.79% since its last report. The company recently reported that it has 278 thousand shares sold short, which is 3.04% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.75 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interes
Deutsche Bank analyst Steve Powers maintains Boston Beer Co (NYSE:SAM) with a Hold and raises the price target from $273 to $283.
In the preceding three months, 6 analysts have released ratings for Boston Beer Co (NYSE:SAM), presenting a wide array of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 4 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 1 0 0 3M Ago 0 0 3 0 0 Analysts have set 12-month price targets for Boston Beer Co, revealing an average target of $317.83, a high estimate of $360.00, and a low estimate of $273.00. This current average has decreased by
Jefferies downgraded Boston Beer Co from Buy to Hold and set a new price target of $325.00 from $355.00 previously
Morgan Stanley upgraded Boston Beer Co from Underweight to Equal-Weight and set a new price target of $290.00
Deutsche Bank upgraded Boston Beer Co from Sell to Hold and set a new price target of $273.00
MILTON, Del., Nov. 01, 2024 (GLOBE NEWSWIRE) -- The holiday season is almost here! Whether you're counting down to the festivities or looking to score the perfect gift for the craft beverage lover in your life, Dogfish Head is making spirits (and taste buds!) bright this holiday season with a new, limited-edition "24 Days of Dogfish Head" package. It's a 24-day exploration of goodness containing a curated selection of flavorful brews, ready-to-drink cocktails and merchandise – it's all folks need to countdown to the holidays in delicious, boozy style. "There's no better way to revel in the holiday season than by gathering with family and friends, and sharing your favorite beers and cockt
BOSTON, Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE:SAM), today reported financial results for the third quarter ended September 28, 2024. Key results were: Third Quarter 2024 Summary: Depletions decreased 3% and shipments decreased 1.9%Net revenue increased 0.6% to $605.5 millionGross margin of 46.3% up 60 basis points year over yearGAAP diluted earnings per share of $2.86, which includes a non-cash brand impairment charge of $2.49 per share recorded in the third quarter of 2024Non-GAAP diluted earnings per share of $5.35 Year-to-date 2024 Summary: Depletions decreased 3% and shipments decreased 2.9%Net revenue decreased 0.3% to $1.611 billionGross margin of
BOSTON, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Sun Cruiser, the ready-to-drink alcoholic beverage made with real brewed iced tea and real vodka, today announced a new study that uncovered how Americans really feel about Daylight Saving Time. The survey, conducted by the brand in partnership with YouGov, found that nearly two-thirds of Americans over 21 believe that the biannual adjustment of clocks should be eliminated because of its antiquated nature, and 40% of those who feel this way say it's because they "hate" that it gets dark early in the fall and winter[1]. Armed with these findings, Sun Cruiser is going to do something about it – for one lucky person. As most of the United States
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SC 13G/A - BOSTON BEER CO INC (0000949870) (Subject)
SC 13G/A - BOSTON BEER CO INC (0000949870) (Subject)
10-Q - BOSTON BEER CO INC (0000949870) (Filer)
8-K - BOSTON BEER CO INC (0000949870) (Filer)
8-K - BOSTON BEER CO INC (0000949870) (Filer)
BOSTON, July 31, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE:SAM) today announced that it appointed Biz Stone and Joe Jordan to its Board of Directors, effective July 29, 2024. Mr. Stone will serve as an independent Class B Director, filling the vacancy created by the retirement of David A. Burwick, sitting on the Board's Compensation Committee and Nominating/Governance Committee. Mr. Jordan will serve as an independent Class A Director, a new seat recently added to the Board, sitting on the Audit Committee and the Compensation Committee. Biz Stone is an entrepreneur known best as co-founder of Twitter, Medium, Jelly, and the investment firm Future Positive. He is a Visi
Boston, June 13, 2024 (GLOBE NEWSWIRE) -- Samuel Adams Brewing the American Dream®, the groundbreaking philanthropic program dedicated to providing mentorship and capital to food and beverage entrepreneurs nationwide, proudly announces Crowns & Hops Brewing Co. as the winner of its 13th Brewing & Business Experienceship. The Inglewood-based brewery joins an esteemed line of emerging craft brewers and will be the latest to receive exclusive support and tutelage under Samuel Adams. The Brewing & Business Experienceship is an annual opportunity for craft brewers across the country to contend for unparalleled expertise from Samuel Adams' professionals, including founder and brewer Jim Koch.
The Duckhorn Portfolio, Inc. (NYSE:NAPA) (the "Company") today announced the appointment of Dave Burwick to its Board of Directors, effective May 21, 2024. Burwick brings over 30 years of beverage industry experience, most recently serving as President and Chief Executive Officer of The Boston Beer Company (NYSE:SAM), a leading alcoholic beverage company. Burwick will serve as the chairperson of the Company's Nominating and Corporate Governance Committee and as a member of the Company's Audit Committee. "Dave is an accomplished beverage executive with operational and strategic expertise that brings incremental value and perspective to The Duckhorn Portfolio Board," said Deirdre Mahlan, Pr
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