Boston Beer (SAM) Stock Forecast and Price Target 2024 (2024)

This page (NYSE:SAM) was last updated on 6/8/2024 by MarketBeat.com Staff

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Boston Beer (SAM) Stock Forecast and Price Target 2024 (6)

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Boston Beer (SAM) Stock Forecast and Price Target 2024 (2024)

FAQs

Boston Beer (SAM) Stock Forecast and Price Target 2024? ›

According to our current SAM stock forecast, the value of Boston Beer shares will drop by -15.23% and reach $ 256.32 per share by July 3, 2024. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 39 (Fear).

What is the price target for Boston Beer? ›

The average price target for Boston Beer is $317.50. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $355.00 ,the lowest forecast is $250.00. The average price target represents 6.82% Increase from the current price of $297.24.

Is Boston Beer a good investment? ›

The Boston Beer Company, Inc.

may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of SAM, demonstrate its potential to perform inline with the market. It currently has a Growth Score of B.

Is SAM a good investment? ›

For SAM, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.36 to $10.26 per share for 2024. SAM boasts an average earnings surprise of 167.3%.

What was the IPO price of Boston Beer? ›

The Company's IPO was November 15, 1995. Class A Common stock was $15.00 per share at that time.

Does Boston Beer Company have debt? ›

Boston Beer Company has a total shareholder equity of $1.0B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.4B and $337.5M respectively.

How many barrels of beer does Boston Beer Company produce? ›

The Boston Beer Company's production volume 2014-2023

According to the report, the company produced and shipped approximately 7.68 million barrels of beer in 2023. The Boston Beer Company is one of the largest craft breweries in the United States.

Why did Sam stock drop? ›

The topline growth continued to decrease in absolute terms, led by a 9% drop in Depletions (due to declines in Truly Hard Seltzer, partially offset by increases in Twisted Tea and growth in Samuel Adams Non-Alcoholic styles and Dogfish Head Canned co*cktails.) and a 12.2% drop in Shipments.

What beer did Bill Gates invest in? ›

Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker' | Reuters.

What company owns Boston Beer Company? ›

How does Dave Ramsey recommend to invest? ›

Ramsey recommends investing first in a tax-advantaged account like a 401(k) or 403(b) from your employer. The goal should be to allocate about 15% of your gross income toward good growth mutual funds that will help you save up enough to live your desired lifestyle in retirement.

Should I invest in Treasury? ›

Are Treasury bonds a good investment? Generally, yes, but that depends on your investing goals, your risk tolerance and your portfolio's makeup. With investing, in many cases, the higher the risk, the higher the potential return.

Are beer stocks a good investment? ›

Beer & Beverages Stocks - FAQ

These Beer & Beverages stocks currently have a "Strong Buy" analyst rating consensus: Coca-Cola - Strong Buy, based on 17 analyst ratings, 14 Buy, 3 Hold, and 0 Sell. Anheuser-Busch Inbev Sa - Strong Buy, based on 4 analyst ratings, 4 Buy, 0 Hold, and 0 Sell.

Does Boston Beer Company pay dividends? ›

Does Boston Beer have sufficient earnings to cover their dividend? Boston Beer (SAM) does not pay a dividend.

What is the beer market forecast? ›

Global beer market size was valued at USD 758.72 billion in 2023 and is projected to reach a value of USD 1,169.71 billion by 2031, with a CAGR of 5.56% during the forecast period of 2024 to 2031.

What is the target price for BCG stock? ›

As per technical data, the minimum share price target in 2024 for BCG is expected to be ₹29.29 and the maximum price target for 2024 will be ₹49.16.

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