Boston Beer Company (SAM, Financial) experienced a noticeable stock price increase of 0.44%, with shares trading at $300.13. The trading volume was 36,127 shares, reflecting a turnover rate of 0.31% and a price fluctuation of 1.61%.
In its recent financial report, Boston Beer posted revenues of $579 million and a net profit of $52.34 million, translating to an earnings per share (EPS) of $4.40. The company reported a gross profit of $266 million with a P/E ratio of 39.25.
Regarding analyst ratings, of the 15 institutions that provided guidance, 20% issued a buy recommendation, 60% advised holding, and 20% suggested selling the stock.
Within the alcoholic beverages sector, Boston Beer operates in a market that saw an overall decline of 0.73%. In terms of stock performance, Chile's CCU beer, Boston Beer, and Molson Coors showed notable gains. Boston Beer, alongside Constellation Brands and Molson Coors, showed high trading activity, with turnover rates of 0.32%, 0.27%, and 0.23%, respectively. Boston Beer also had a significant price fluctuation of 1.61%, compared to 2.49% for CCU beer and 1.55% for Fomento Economico Mexicano.
Boston Beer Company is a key player in the premium malt beverage segment in the United States, known for its strong presence in craft beer, flavored malt beverages, cider, and hard seltzers. Its four major brands—Sam Adams, Angry Orchard, Twisted Tea, and Truly—constitute most of its sales and revenue. The company employs a hybrid production strategy, utilizing in-house capacity as well as partnerships with third-party brewers. While distribution relies on third-party channels, Boston Beer employs 500 internal sales representatives to promote its offerings across the U.S., where it generates over 95% of its sales.
