Boston Beer Co., Inc [NYSE: SAM] plunged by -$5.74 during the normal trading session on while it closed the day at $275.39.
Boston Beer Co., Inc stock has also loss -8.20% of its value over the past 7 days. However, SAM stock has inclined by 1.36% in the 3 months of the year. Over the past six months meanwhile, it has lost -3.28% and lost -8.20% year-on date.
The market cap for SAM stock reached $3.16 billion, with 9.47 million shares outstanding and 8.64 million shares in the current float. Compared to the average trading volume of 119.02K shares, SAM reached a trading volume of 273156 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Boston Beer Co., Inc [SAM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SAM shares is $310.15 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SAM stock is a recommendation set at 3.06. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Needham have made an estimate for Boston Beer Co., Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on December 06, 2024. While these analysts kept the previous recommendation, Jefferies dropped their target price from $355 to $325. The new note on the price target was released on October 25, 2024, representing the official price target for Boston Beer Co., Inc stock. Previously, the target price had yet another raise to $290, while Morgan Stanley analysts kept a Equal-Weight rating on SAM stock.
The Average True Range (ATR) for Boston Beer Co., Inc is set at 8.10, with the Price to Sales ratio for SAM stock in the period of the last 12 months amounting to 1.58. The Price to Book ratio for the last quarter was 3.13, with the Price to Cash per share for the same quarter was set at 22.26. Price to Free Cash Flow for SAM in the course of the last twelve months was 18.42 with Quick ratio for the last quarter at 1.42.
SAM stock trade performance evaluation
Boston Beer Co., Inc [SAM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.20. With this latest performance, SAM shares dropped by -12.52% in over the last four-week period, additionally sinking by -3.28% over the last 6 months – not to mention a drop of -18.38% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SAM stock in for the last two-week period is set at 27.28, with the RSI for the last a single of trading hit 20.11, and the three-weeks RSI is set at 33.20 for Boston Beer Co., Inc [SAM]. The present Moving Average for the last 50 days of trading for this stock 306.58, while it was recorded at 287.33 for the last single week of trading, and 289.35 for the last 200 days.
Boston Beer Co., Inc [SAM]: An insightful look at the core fundamentals
Boston Beer Co., Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.42 and a Current Ratio set at 2.03.
Earnings per share (EPS) analysis for Boston Beer Co., Inc [SAM] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SAM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Boston Beer Co., Inc go to 26.10%.
Boston Beer Co., Inc [SAM]: Institutional Ownership
There are presently around $75.93%, or 82.69%% of SAM stock, in the hands of institutional investors. The top three institutional holders of SAM stocks are: T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with ownership of 0.88 million shares, which is approximately 7.3032%. BLACKROCK INC., holding 0.82 million shares of the stock with an approximate value of $$249.72 million in SAM stocks shares; and BLACKROCK INC., currently with $$241.65 million in SAM stock with ownership which is approximately 6.5717%.
