|Bid||521.26 x 900|
|Ask||523.04 x 1100|
|Day's range||517.45 - 532.45|
|52-week range||290.02 - 587.85|
|Beta (5Y monthly)||0.80|
|PE ratio (TTM)||52.55|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
What happened Boston Beer (NYSE: SAM) shareholders outperformed a rallying stock market last month. The stock jumped 21% in May compared to a 4.5% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.
Shares of Sam Adams-maker The Boston Beer Company (NYSE: SAM) are on a tear this morning, rising more than 3.7% -- and counting -- as of 11:55 a.m. EDT. One factor helping to keep the rally going is an enthusiastic analyst, Cowen & Company's Vivien Azer, who this morning raised her price target on Boston Beer stock to $650 a share, according to TheFly.com. As Azer explains in today's report, Boston Beer is one of the best-positioned names in the beer space thanks to its strong presence in the "on-premise channel" (i.e.
Although sometimes it's tempting to curl up under grandma's quilt and not face the world during the current health crisis, for the observant investor, opportunities are there for the taking. Although it has beer in its name, Boston Beer (NYSE: SAM) made it onto this list because of a different product in its stable: Truly Hard Seltzer. As it happens, growth in hard seltzer is skyrocketing.
Shares of Boston Beer (NYSE: SAM) jumped 26.9% higher in April, according to data from S&P Global Market Intelligence. Although beer consumption remains in a secular decline and may forever be altered by the coronavirus pandemic, Boston Beer has proved resilient by paying attention to what consumers want to drink and producing the second biggest hard seltzer brand, Truly. As bars and restaurants were among the first businesses ordered closed to help contain the outbreak, Boston Beer saw demand switch away from kegs, which it's mostly able to produce in-house, and toward cans, which it mostly outsources.
Boston Beer Company (NYSE:SAM) shares have had a really impressive month, gaining 35%, after some slippage. That...
The Boston Beer Company, Inc. (NYSE:SAM) shareholders have seen the share price descend 23% over the month. But that...
Boston Beer (SAM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Today we'll evaluate The Boston Beer Company, Inc. (NYSE:SAM) to determine whether it could have potential as an...
Beverage giants have stumbled upon a promising range of hard seltzers, satisfying their need for product diversification as well as meeting consumer preferences.
Boston Beer's (SAM) investments in the Truly brand are likely to bolster its position in the fast-growing hard seltzer category. However, costs and margin woes are clouding its growth potential.
Flowers Foods (FLO) is well poised for 2020, courtesy of Project Centennial, yielding buyouts, favorable price/mix and other key growth strategies.
A new report estimates online alcohol sales in the U.S. will soar by nearly five times to $13.4B by 2024, creating major opportunities for e-commerce startups to cash in.
Archer Daniels' (ADM) Readiness initiative and three strategic pillars - optimize, drive and growth - will likely drive performance in the next year.
Coca-Cola (KO) partners with Hard Rock International to provide beverages in all cafes globally. Also, focus on key brands and innovations bode well.