Boston Beer (NYSE:SAM) Announces Earnings Results, Misses Expectations By $1.18 EPS

Boston Beer (NYSE:SAM) released its earnings results on Thursday. The company reported $3.65 EPS for the quarter, missing the consensus estimate of $4.83 by ($1.18), Zacks reports. The firm had revenue of $568.34 million during the quarter, compared to analysts’ expectations of $566.68 million. Boston Beer had a positive return on equity of 12.08% and a negative net margin of 2.96%. Boston Beer updated its FY 2026 guidance to 8.500-10.500 EPS.

Boston Beer Price Performance

NYSE SAM traded down $1.91 during mid-day trading on Thursday, hitting $172.01. The company’s stock had a trading volume of 547,998 shares, compared to its average volume of 241,230. The firm has a market capitalization of $1.79 billion, a P/E ratio of -27.30, a price-to-earnings-growth ratio of 3.21 and a beta of 0.78. Boston Beer has a 52-week low of $158.68 and a 52-week high of $264.46. The stock’s fifty day simple moving average is $177.52 and its two-hundred day simple moving average is $209.66.

Hedge Funds Weigh In On Boston Beer

Hedge funds and other institutional investors have recently made changes to their positions in the business. Magnetar Financial LLC purchased a new stake in Boston Beer during the 4th quarter worth $221,000. Kestra Advisory Services LLC purchased a new position in Boston Beer in the fourth quarter valued at about $194,000. DRW Securities LLC acquired a new position in shares of Boston Beer during the fourth quarter worth about $206,000. Camelot Portfolios LLC acquired a new position in shares of Boston Beer during the third quarter worth about $203,000. Finally, Quadrant Capital Group LLC purchased a new stake in shares of Boston Beer in the third quarter worth about $151,000. Institutional investors and hedge funds own 81.13% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Morgan Stanley decreased their price objective on Boston Beer from $235.00 to $220.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 6th. Zacks Research raised Boston Beer from a “strong sell” rating to a “hold” rating in a research note on Thursday, April 23rd. Evercore set a $240.00 price target on Boston Beer in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $233.00 price objective on shares of Boston Beer in a report on Friday, May 1st. Finally, Royal Bank Of Canada lowered their target price on shares of Boston Beer from $245.00 to $242.00 and set a “sector perform” rating for the company in a report on Friday, May 1st. Ten research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Boston Beer presently has an average rating of “Reduce” and an average price target of $224.00.

Boston Beer Company Profile

The Boston Beer Company, Inc (NYSE: SAM) is a leading craft brewer headquartered in Boston, Massachusetts. Since its founding in 1984 by Jim Koch, the company has focused on producing high-quality, distinctive beers and beverages for retail, on-premise, and distribution partners across the United States. Its operations include brewing, packaging, marketing and distribution, supported by a network of wholly owned brewing facilities and strategic partnerships with regional breweries.

Boston Beer’s flagship brand, Samuel Adams Boston Lager, helped establish the modern U.S.