Sell-Off Correction Likely For Boston Beer Company [Seeking Alpha]
Boston Beer Company, Inc. (The) (SAM)
Last boston beer company, inc. (the) earnings: 4/22 04:15 pm
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US:NYSE Investor Relations:
bostonbeer.com/overview
Company Research
Source: Seeking Alpha
vicm/iStock Unreleased via Getty ImagesOver the last twelve months, The Boston Beer Company, Inc. (NYSE:SAMBUDSTZ) and the broader S&P 500 index were slightly positive. Part of the decline stems from declining volume (shipments fell 25% in the first quarter), an earnings miss, and congested supply chain & inflationary pressure.The situation is so bad that gross margins eroded by over 550 bps to 40.2%, while management sticks with its guidance of 45-48% as a year-end average. As Boston Beer is smaller than its peers, its ability to invest in marketing ahead of the summer season further complicates the turnaround story. Add in the increasing competitive pressure in the hard seltzer & craft beer category from smaller mom & pop operations, and you have an explanation for the poor share performance.Data byYChartsAccording to Seeking AlphaDCF Analysis Indicates Modest UndervaluationTo get a sense of the company's intrinsic value, I ran a DCF analysis. No DCF analysis can provide a perfect p
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High impacting Boston Beer Company, Inc. (The) news events
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SAM
News
- The Boston Beer Company, Inc. (NYSE: SAM) had its price target raised by analysts at Evercore ISI from $310.00 to $325.00. They now have an "in-line" rating on the stock.MarketBeat
- Boston Beer (SAM) Stock Rallies on Q1 Earnings & Revenue Beat [Yahoo! Finance]Yahoo! Finance
- Dogfish Head Craft Brewery Unveils New Beer Packaging Artwork & Announces the Return of its Fan-Favorite 120 Minute IPAGlobeNewswire
- SAMUEL ADAMS TAPPED AS THE OFFICIAL BEER AND NON-ALCOHOLIC BEER OF THE PAN-MASS CHALLENGEGlobeNewswire
- Boston Beer (SAM) Surpasses Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
SAM
Earnings
- 4/25/24 - Beat
SAM
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/2/24 - Form 4
- SAM's page on the SEC website