The Boston Beer Co Inc. (NYSE: SAM) stock closed at $311.74 on 2/28/24 after a major decline of -15.8%. Moreover, trading volume in this decline was exceptionally high at 708% of normal. The stock has declined -10.3% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SAM is expected to be a Value Builder.
Boston Beer has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Boston Beer has a poor Appreciation Score of 20 but a slightly positive Power Rating of 68, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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