The Boston Beer Co Inc. (NYSE: SAM) has reported E.P.S. of $4.40 for its second fiscal quarter (ending June 30) versus $4.73 for the same period a year ago — a decline of -7%. This performance was $-0.64 short of the consensus estimate of $5.04. For the latest four quarters through June 30, E.P.S. were $7.63 compared to $5.27 a year ago — an increase of 45%.
Recent Price Action
The Boston Beer Co Inc. (NYSE: SAM) stock closed at $270.52 on 7/25/24 after a slight decline of -0.5%. Moreover, trading volume in this decline was unusually high at 151% of normal. The stock has declined -5.7% during the last week and has been weak relative to the market over the last nine months.
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). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Boston Beer has a poor Appreciation Score of 17 and a very low Power Rating of 5, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this discouraging new earnings information and negative market action we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
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