SAM stock icon

Boston Beer
SAM

$273.47
0.65%

Market Cap: 3.27B

 

About: Boston Beer is a top player in high-end malt beverages and adjacent categories in the us, with strong positions in craft beer, flavored malt beverages, hard cider, and hard seltzer. The bulk of volume and revenue is concentrated in four brands: Samuel Adams, Angry Orchard, Twisted Tea, and Truly. Beverages are produced using a hybrid model leveraging both in-house capacities and third-party breweries through contract arrangements. While the firm is required to use distributors to reach end markets, including retailers and on-premises operators, it also employs 500 internal sales representatives to educate the market about its products. The firm generates over 95% of sales in the us.

Employees: 2,679

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 14 analysts
0
News positive %
of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 0 [Q4 2023] → 1 (+1) [Q1 2024]

24% more repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 93

0.9% less ownership

Funds ownership: 73.66% [Q4 2023] → 72.76% (-0.9%) [Q1 2024]

7% less funds holding

Funds holding: 336 [Q4 2023] → 313 (-23) [Q1 2024]

14% less capital invested

Capital invested by funds: $2.58B [Q4 2023] → $2.21B (-$370M) [Q1 2024]

37% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 63

42% less call options, than puts

Call options by funds: $55.3M | Put options by funds: $95.7M

Research analyst outlook

14 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$250
9%
downside
Avg. target
$317
16%
upside
High target
$360
32%
upside

14 analyst ratings

positive
21%
neutral
64%
negative
14%
Deutsche Bank
Steve Powers
3%upside
$283
Hold
Maintained
17 Jul 2024
Piper Sandler
Michael Lavery
26%upside
$344
Overweight
Maintained
12 Jul 2024
Morgan Stanley
Eric Sheridan
6%upside
$290
Equal-Weight
Upgraded
5 Jun 2024
Jefferies
Kaumil Gajrawala
32%upside
$360
Buy
Upgraded
14 May 2024
Deutsche Bank
Steve Powers
0%downside
$273
Hold
Upgraded
8 May 2024

Financial journalist opinion

Based on 5 articles about SAM published over the past 30 days