Boston Beer (SAM) Earns Daily Media Impact Rating of 0.20

Headlines about Boston Beer (NYSE:SAM) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Boston Beer earned a news impact score of 0.20 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.2457676252472 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the news headlines that may have impacted Accern’s analysis:

Several equities analysts recently issued reports on SAM shares. ValuEngine cut shares of Boston Beer from a “hold” rating to a “sell” rating in a research note on Thursday, March 1st. Goldman Sachs Group upgraded shares of Boston Beer from a “sell” rating to a “neutral” rating and boosted their target price for the company from $181.00 to $223.00 in a research note on Monday, April 16th. Cowen upgraded shares of Boston Beer from an “underperform” rating to a “market perform” rating in a research report on Wednesday, April 4th. Zacks Investment Research cut shares of Boston Beer from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 24th. Finally, Stifel Nicolaus upped their price objective on shares of Boston Beer from $169.00 to $235.00 and gave the stock a “hold” rating in a research report on Thursday, April 26th. Fourteen investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $189.08.

Boston Beer opened at $291.45 on Thursday, Marketbeat reports. Boston Beer has a fifty-two week low of $128.75 and a fifty-two week high of $307.00. The firm has a market cap of $3.56 billion, a price-to-earnings ratio of 48.49, a P/E/G ratio of 4.32 and a beta of 0.54.

Boston Beer (NYSE:SAM) last posted its quarterly earnings results on Wednesday, April 25th. The company reported $0.55 EPS for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.25. Boston Beer had a net margin of 11.09% and a return on equity of 18.74%. The firm had revenue of $190.50 million for the quarter, compared to analysts’ expectations of $174.87 million. During the same quarter in the prior year, the company posted $0.45 earnings per share. The business’s revenue for the quarter was up 17.8% on a year-over-year basis. equities analysts predict that Boston Beer will post 7.37 EPS for the current fiscal year.

In other news, VP David L. Grinnell sold 1,000 shares of the stock in a transaction that occurred on Wednesday, April 11th. The shares were sold at an average price of $215.00, for a total transaction of $215,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last quarter, insiders have sold 4,000 shares of company stock worth $880,000. Corporate insiders own 29.20% of the company’s stock.

Boston Beer Company Profile

The Boston Beer Company, Inc produces and sells alcohol beverages primarily in the United States. The company's flagship beer is Samuel Adams Boston Lager. It sells approximately 60 beers under the Samuel Adams brand names; 10 flavored malt beverages under the Twisted Tea brand name; 20 hard cider beverages under the Angry Orchard brand; 5 hard sparkling waters under the Truly Spiked & Sparkling brand name; and approximately 50 beers under 4 brand names.

Insider Buying and Selling by Quarter for Boston Beer (NYSE:SAM)

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