Boston Beer Co Inc (NYSE:SAM) Quarterly Sentiment Report

July 17, 2017 - By Maria Brooks

 Boston Beer Co Inc (NYSE:SAM) Quarterly Sentiment Report

Sentiment for Boston Beer Co Inc (NYSE:SAM)

Boston Beer Co Inc (NYSE:SAM) institutional sentiment decreased to 1.03 in Q4 2016. Its down -0.33, from 1.36 in 2016Q3. The ratio has dropped, as 92 investment managers increased and started new positions, while 89 decreased and sold equity positions in Boston Beer Co Inc. The investment managers in our partner’s database reported: 8.73 million shares, up from 8.26 million shares in 2016Q3. Also, the number of investment managers holding Boston Beer Co Inc in their top 10 positions increased from 1 to 2 for an increase of 1. Sold All: 22 Reduced: 67 Increased: 52 New Position: 40.

The Boston Beer Company, Inc. is a craft brewer in the United States. The company has market cap of $1.65 billion. The Firm is engaged in the business of producing and selling alcohol beverages primarily in the domestic market and in selected international markets. It has a 19.67 P/E ratio. The Firm operates through two divisions: Boston Beer Company segment, and A&S Brewing Collaborative segment.

About 104,272 shares traded. Boston Beer Company Inc (NYSE:SAM) has declined 3.11% since July 17, 2016 and is downtrending. It has underperformed by 19.81% the S&P500.

Analysts expect Boston Beer Company Inc (NYSE:SAM) to report $1.64 EPS on July, 20.They anticipate $0.42 EPS change or 20.39 % from last quarter’s $2.06 EPS. SAM’s profit would be $20.33M giving it 20.29 P/E if the $1.64 EPS is correct. After having $0.45 EPS previously, Boston Beer Company Inc’s analysts see 264.44 % EPS growth.

Vgi Partners Pty Ltd holds 5.89% of its portfolio in Boston Beer Company Inc for 137,467 shares. Tybourne Capital Management Hk Ltd owns 654,213 shares or 5.39% of their US portfolio. Moreover, Rk Asset Management Llc has 4.82% invested in the company for 35,445 shares. The New York-based Manikay Partners Llc has invested 1.88% in the stock. Armistice Capital Llc, a New York-based fund reported 34,000 shares.#img1#

Since January 1, 0001, it had 0 buys, and 27 sales for $33.56 million activity.

Boston Beer Company Inc (NYSE:SAM) Ratings Coverage

Ratings analysis reveals 15% of Boston Beer Co’s analysts are positive. Out of 13 Wall Street analysts rating Boston Beer Co, 2 give it “Buy”, 4 “Sell” rating, while 7 recommend “Hold”. The lowest target is $12600 while the high is $295. The stock’s average target of $153.14 is 15.03% above today’s ($133.13) share price. SAM was included in 32 notes of analysts from July 28, 2015. The stock of Boston Beer Company Inc (NYSE:SAM) has “Underperform” rating given on Tuesday, March 8 by CLSA. Jefferies maintained the shares of SAM in report on Friday, April 15 with “Hold” rating. The stock has “Hold” rating by Berenberg on Thursday, May 19. The company was upgraded on Monday, May 1 by Susquehanna. The firm has “Hold” rating given on Friday, June 30 by RBC Capital Markets. Susquehanna upgraded Boston Beer Company Inc (NYSE:SAM) on Friday, April 28 to “Positive” rating. The rating was initiated by Credit Suisse on Friday, September 16 with “Underperform”. Nomura downgraded the stock to “Neutral” rating in Monday, January 11 report. The stock of Boston Beer Company Inc (NYSE:SAM) has “Hold” rating given on Tuesday, May 30 by Jefferies. The rating was downgraded by Credit Agricole to “Outperform” on Friday, October 30.

More notable recent Boston Beer Company Inc (NYSE:SAM) news were published by: Fool.com which released: “Why The Boston Beer Company, Inc. Stock Has Dropped 22.4% So Far in 2017” on July 09, 2017, also Investorplace.com with their article: “SAM Stock Update – Is Boston Beer Company Inc Tapped Out?” published on July 12, 2017, Fool.com published: “5 Top Stocks for July” on July 11, 2017. More interesting news about Boston Beer Company Inc (NYSE:SAM) were released by: Zacks.com and their article: “Bear of the Day: Boston Beer (SAM)” published on July 07, 2017 as well as Benzinga.com‘s news article titled: “Sobering Up On SAM; Cowen Says Sell Boston Beer Co.” with publication date: June 12, 2017.

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