Boston Beer Company (The) with ticker code (SAM) now have 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 376 and 225 with the average target price sitting at $312.14. Now with the previous closing price of $320.94 this now indicates there is a potential downside of -2.7%. Also worth taking note is the 50 day moving average now sits at $347.76 and the 200 moving average now moves to $348.43. The market capitalization for the company is $3,996m. Company Website: https://www.bostonbeer.com
The potential market cap would be $3,886m based on the market consensus.
The Boston Beer Company engages in the production and sale of alcohol beverages primarily in the United States. The company’s flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, flavored malt beverages, and hard seltzers under the Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard, Dogfish Head, Angel City, Coney Island, and Havana Lager brand names. The company markets and sells its products to a network of approximately 400 wholesalers in the United States, as well as international wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores, club stores, convenience stores, liquor stores, bars, restaurants, stadiums, and other retail outlets. The Boston Beer Company also sells its products in Canada, Europe, Israel, Australia, New Zealand, the Caribbean, the Pacific Rim, Mexico, and Central and South America. The Boston Beer Company was founded in 1984 and is based in Boston, Massachusetts.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 57.8, revenue per share of 170.1 and a 5.61% return on assets.
