Boston Beer Co., Inc. (NYSE: SAM) is -21.38% lower on its value in year-to-date trading and has touched a low of $254.40 and a high of $395.52 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SAM stock was last observed hovering at around $270.20 in the last trading session, with the day’s gains setting it 1.52%.
Currently trading at $271.72, the stock is -1.15% and -4.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.15 million and changing 0.56% at the moment leaves the stock -12.20% off its SMA200. SAM registered -25.52% loss for a year compared to 6-month loss of -10.76%.
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The stock witnessed a -1.94% gain in the last 1 month and extending the period to 3 months gives it a -13.37%, and is -3.60% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.21% over the week and 2.25% over the month.
Boston Beer Co., Inc. (SAM) has around 2793 employees, a market worth around $3.18B and $2.00B in sales. Current P/E ratio is 35.49 and Fwd P/E is 22.54. Profit margin for the company is 4.60%. Distance from 52-week low is 6.81% and -31.30% from its 52-week high. The company has generated returns on investments over the last 12 months (8.58%).
The EPS is expected to grow by 55.50% this year.
Boston Beer Co., Inc. (SAM) Top Institutional Holders
428.0 institutions hold shares in Boston Beer Co., Inc. (SAM), with institutional investors hold 81.34% of the company’s shares. The shares outstanding are 10.03M, and float is at 8.87M with Short Float at 3.88%. Institutions hold 74.85% of the Float.
The top institutional shareholder in the company is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with over 0.88 million shares valued at $268.54 million. The investor’s holdings represent 7.3032% of the SAM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 0.82 million shares valued at $$249.72 million to account for 6.7911 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.79 million shares representing 6.5717% and valued at over $241.65 million, while FMR LLC holds 5.8691 of the shares totaling 0.71 million with a market value of $215.81 million.
Boston Beer Co., Inc. (SAM) Insider Activity
The most recent transaction is an insider sale by O’Boyle Carolyn L.,the company’sChief People Officer. SEC filings show that O’Boyle Carolyn L. sold 63 shares of the company’s common stock on Aug 13 ’24 at a price of $274.90 per share for a total of $17319.0. Following the sale, the insider now owns 6966.0 shares.
Still, SEC filings show that on Apr 01 ’24, O’Boyle Carolyn L. (Chief People Officer) disposed off 101 shares at an average price of $303.49 for $30652.0. The insider now directly holds 7,029 shares of Boston Beer Co., Inc. (SAM).
