Boston Beer Company, Inc. (The) (SAM) Receives Daily News Sentiment Rating of 0.26

Media coverage about Boston Beer Company, Inc. (The) (NYSE:SAM) has been trending positive on Saturday, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Boston Beer Company, Inc. (The) earned a news impact score of 0.26 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.2522851405159 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

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Here are some of the media headlines that may have impacted Accern’s rankings:

INSIDE SAM ADAMS — we got a tour from the founder and self-proclaimed ‘Willy Wonka of beer’ (businessinsider.com)
Boston Beer Company Inc (SAM) Triple EMA Running Higher Near-Term – Evergreen Caller (evergreencaller.com)
Boston Beer's Earnings Aren't As Good as You Think (finance.yahoo.com)
Placing These Stocks in the Hotbed: The Boston Beer Company, Inc. (NYSE:SAM) and FBL Financial Group, Inc … – FLBC News (flbcnews.com)
Why Boston Beer Company Inc Popped 19% in July – Motley Fool (fool.com)

Shares of Boston Beer Company, Inc. (NYSE SAM) traded down 1.66% during midday trading on Friday, hitting $148.45. 121,189 shares of the company were exchanged. The firm’s 50 day moving average price is $134.67 and its 200 day moving average price is $145.23. The firm has a market capitalization of $1.78 billion, a price-to-earnings ratio of 21.12 and a beta of 0.55. Boston Beer Company, Inc. has a one year low of $128.70 and a one year high of $194.98.

Boston Beer Company, Inc. (The) (NYSE:SAM) last released its earnings results on Thursday, July 27th. The company reported $2.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.46 by $0.89. Boston Beer Company, Inc. (The) had a net margin of 9.65% and a return on equity of 20.19%. The company had revenue of $247.90 million for the quarter, compared to the consensus estimate of $222.74 million. During the same quarter in the previous year, the company earned $2.06 EPS. Boston Beer Company, Inc. (The)’s quarterly revenue was up 1.3% compared to the same quarter last year. Analysts forecast that Boston Beer Company, Inc. will post $5.78 EPS for the current fiscal year.

Several equities research analysts have weighed in on SAM shares. Susquehanna Bancshares Inc set a $154.00 target price on shares of Boston Beer Company, Inc. (The) and gave the stock a “hold” rating in a report on Monday, April 17th. Zacks Investment Research upgraded shares of Boston Beer Company, Inc. (The) from a “sell” rating to a “hold” rating in a report on Tuesday, April 25th. Jefferies Group LLC reiterated a “hold” rating and issued a $129.00 target price on shares of Boston Beer Company, Inc. (The) in a report on Thursday, April 27th. BidaskClub lowered shares of Boston Beer Company, Inc. (The) from a “sell” rating to a “strong sell” rating in a report on Friday, June 16th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $158.00 price objective on shares of Boston Beer Company, Inc. (The) in a report on Wednesday, April 26th. Four analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. Boston Beer Company, Inc. (The) currently has a consensus rating of “Hold” and an average target price of $142.13.

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In related news, Director David A. Burwick sold 5,000 shares of the stock in a transaction dated Wednesday, May 24th. The shares were sold at an average price of $144.00, for a total transaction of $720,000.00. Following the completion of the transaction, the director now owns 6,094 shares in the company, valued at $877,536. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, VP David L. Grinnell sold 2,628 shares of the stock in a transaction dated Friday, July 28th. The stock was sold at an average price of $159.90, for a total transaction of $420,217.20. The disclosure for this sale can be found here. Insiders have sold a total of 8,000 shares of company stock worth $1,193,436 in the last quarter. 31.30% of the stock is owned by corporate insiders.

Boston Beer Company, Inc. (The) Company Profile

The Boston Beer Company, Inc is a craft brewer in the United States. The Company is engaged in the business of producing and selling alcohol beverages primarily in the domestic market and in selected international markets. The Company operates through two segments: Boston Beer Company segment, and A&S Brewing Collaborative segment.