On 5/31/24, The Boston Beer Co Inc. (NYSE: SAM) stock enjoyed a major increase of 22.3%, closing at $313.67. Moreover, this advance was accompanied by exceptionally high trading volume at 823% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 17.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SAM is expected to continue to be an important Value Builder.
Boston Beer has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Boston Beer has a very low Appreciation Score of 14 and a very low Power Rating of 10, leading to the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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