In Wednesday’s Wall Street session, Boston Beer Co., Inc (NYSE:SAM) shares traded at $201.55, down -1.89% from the previous session.
SAM stock price is now -13.93% away from the 50-day moving average and -23.43% away from the 200-day moving average. The market capitalization of the company currently stands at $2.25B.
With the price target of $281.10, Berenberg recently initiated with Hold rating for Boston Beer Co., Inc (NYSE: SAM). On March 20, 2025, Citigroup Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $265 to quote $280, while ‘Piper Sandler’ rates the stock as ‘Neutral’
In other news, VALETTE JEAN MICHEL, Director sold 3,500 shares of the company’s stock on Mar 13 ’25. The stock was sold for $799,575 at an average price of $228.45. Upon completion of the transaction, the Director now directly owns 10,905 shares in the company, valued at $2.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 13 ’25, Director VALETTE JEAN MICHEL bought 3,500 shares of the business’s stock. A total of $799,412 was incurred on buying the stock at an average price of $228.40. A total of 25.94% of the company’s stock is owned by insiders.
During the past 12 months, Boston Beer Co., Inc has had a low of $204.00 and a high of $329.55. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 1.72, and a quick ratio of 1.12.
The net profit margin was 3.50% and return on equity was 7.36% for SAM. The company reported revenue of $453.87 million for the quarter, compared to $426.05 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.53 percent.
