Boston Beer Company Inc (NYSE:SAM) was last seen down 2.5% at $243.98, trading at six-year lows following a bear note from Piper Sandler. The firm downgraded the security to "neutral" from "overweight," with a price-target cut to $275 from $370, after a disappointing rollout of its new product Hard Mountain Dew. Piper Sandler is joining the bearish majority, as now only one of the 15 analysts in coverage carries a "buy" rating. The 12-month consensus price target of $298.69 represents a 22.4% premium to cur ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current ...

Boston Beer (SAM) has been on a downward spiral lately with significant selling pressure. After declining 15.3% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock i ...

The Boston Beer Company, Inc. (SAM) has been making strategic initiatives to aid growth. SAM’s consistent focus on pricing, product innovation and growth of non-beer categories, alongside brand development, bodes well.Let’s Analyze SAM’s Strategic EffortsBoston Beer is keen on bringing new excitement to core flavors through innovation. The company expects to improve Truly brand trends through a renewed focus on core business, smart brand innovation and strong distributor support and retail execution. Its Tr ...

MILTON, Del., Jan. 08, 2025 (GLOBE NEWSWIRE) -- New Year, new you ... er, brew! Dogfish Head kicks off the New Year with the launch of its new 30 Minute Light IPA (4.0% ABV) a hoppy, crisp and crushable beer with all the body and character of a world class IPA, but only 95 calories and 3.6g carbs per 12oz serving. Proving that "light" can still mean flavorful, 30 Minute Light IPA is continually hopped for (you guessed it) 30 minutes for a bold yet easy-drinking, hop-forward beer. Joining Dogfish Head's icon ...

In honor of its newest beer, brewery to celebrate “Quitter’s Day” and reward drinkers who throw in the towel on their New Year’s resolutions early with beer money and medals Dogfish Head Celebrates Quitter's Day 2025 To celebrate the launch of 30 Minute Light IPA – which coincides with New Year’s Resolution season – Dogfish Head is celebrating “Quitters Day” by rewarding fans who give up on their resolutions early with beer money and medals. Dogfish Head's NEW 30 Minute Light IPA Dogfish Head's NEW 30 ...

Samuel Adams “Our American Dream Cookbook” 80 Inspiring Food & Beverage Entrepreneurs Come Together in a First-of-its-Kind Culinary Guide Samuel Adams Just The Haze Award-winning Non-Alcoholic IPA with tropical fruit aromas and a smooth hoppy finish Boston, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Samuel Adams, America’s #1 most trusted craft beer brand, is offering two simple tips to Dry January participants on how to make it to the finish line: Try Samuel Adams Just the Haze Non-Alcoholic IPADon’t Wast ...

The Boston Beer Company, Inc. (SAM) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 24.98X, higher than the industry average of 15.12X and the S&P 500’s 22.40X. A P/E ratio higher than the industry average often reflects investor confidence in a company's growth potential or market positioning. However, it also implies higher expectations and any earnings shortfall could lead to significant downward pressure on the stock price.SAM Stock's P/E PerformanceImage Source: Zacks Invest ...

The Boston Beer Company, Inc. (SAM) has been making strategic initiatives to aid growth. SAM’s consistent focus on pricing, product innovation and growth of non-beer categories, alongside brand development, bodes well. In the latest update, the company has made an amendment and restatement entirely in its present production agreement with Rauch North America Inc (Rauch), its third-party supplier. This comes as part of its continuous efforts related to supply-chain optimization. Consequently, management has ...

BOSTON, Dec. 20, 2024 (GLOBE NEWSWIRE) -- As part of its ongoing initiatives to optimize its supply chain, The Boston Beer Company, Inc. (NYSE: SAM), today announced an amendment and restatement in its entirety of an existing production agreement with a third-party supplier, Rauch North America Inc (‘Rauch’). This amendment adjusts the existing production agreement to better match the Company’s future capacity requirements and results in increased production flexibility and more favorable termination rights ...