Previous close | 2.6900 |
Open | 3.2000 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 320.00 |
Expiry date | 2023-06-16 |
Day's range | 2.6900 - 3.2000 |
Contract range | N/A |
Volume | |
Open interest | 123 |
Boston Beer (SAM) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades for Ford, Coinbase, Constellation Brands, Equitrans Midstream , and Boston Beer. Ford (NYSE:F) shares climbed nearly 3% pre-market today after Jefferies upgraded the company to Buy from Hold and raised its price target to $16.00 from $13.00, as InvestingPro reported in real time.
Investors need to pay close attention to Boston Beer (SAM) stock based on the movements in the options market lately.
Boston Beer's (SAM) Q1 results reflect the impacts of continued softness in the hard seltzer category. Declines in shipments and depletions, along with higher costs, hurt the results.
To end up with such massive long-term winners involves a lot more than luck: You need to not only invest in great and growing companies, but you also have to hang on to their stock through lots of ups and downs because no stock goes up in a straight line. If you're not too familiar with the Boston Beer (NYSE: SAM) company, know that it's a major player in the beer arena, rated as the top beer supplier in 11 out of the past 13 years by the Tamarron Beverage Supplier Performance Survey. Boston Beer will always face meaningful competition, but it has advantages over many rivals in its scale, its savvy acquisitions, and its ability to keep up with trends and changing tastes (like hard seltzers and ciders), among other things.
Boston Beer (SAM) delivered earnings and revenue surprises of -128.13% and 1.91%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Boston Beer's (SAM) Q1 results are expected to reflect significant impacts of a slowdown in hard seltzer trends, increased supply-chain costs and higher operating expenses.
Molson Coors (TAP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Boston Beer (SAM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Yahoo Finance Live team discusses a Guggenheim report that says High Noon had the most growth (+94.94%) in the hard seltzer category over the past four weeks.
Boston Beer (SAM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Samuel Adams Founder and Brewer Jim Koch joins Yahoo Finance Live to discuss the state of the consumer, capturing younger generations of beer drinkers, its flagship Boston Lager, evolving its brewing process, and the overall outlook for the company.
Graphic Packaging and Boston Beer have been highlighted as Zacks Bull and Bear of the Day.
Boston Beer went on a massive roughly three-year surge higher driven by the hard seltzer boom. But the craft beer staple and hard seltzer star became a victim of its own growth, as well as a more congested seltzer space, supply chain setbacks, and more.
Many people assume that you have to have a lot of money if you want to invest in the stock market. The stock market can be volatile, after all, and you don't want to have to sell when your holdings are temporarily down. Here, then, are three companies to consider for berths in your long-term portfolio.
Investors have been worried about the condition of the economy for a while now, and Thursday's stock market action didn't suggest that anyone feels much more confident about what 2023 will bring. Two of the biggest decliners on the day were Boston Beer (NYSE: SAM) and Shopify (NYSE: SHOP). Below, you'll learn more about what happened to both businesses and why investors don't seem as confident about their prospects for 2023 and beyond as they did before the companies issued their reports.
Shares of Boston Beer (NYSE: SAM) were falling today after the maker of Sam Adams and Truly hard seltzer reported disappointing bottom-line results in its fourth-quarter earnings report and offered weak guidance for 2023. Gross margin in the quarter increased from 28.7% to 37%, but that improvement was primarily related to weak results in the quarter a year ago from an unanticipated decline in hard seltzer sales. Chairman and founder Jim Koch said, "Although near-term trends remain challenging because of the hard seltzer category's trajectory, we have strong brands across multiple segments, the top sales force in beer, and a highly cash-generative business with a strong balance sheet."
Yahoo Finance Live’s Seana Smith discusses the decline in stock for The Boston Beer Company amid wider-than-expected fourth-quarter losses.
Boston Beer's (SAM) Q4 results gain from growth in depletions and shipments in Twisted Tea. However, continued weakness in the Truly brand and supply-chain issues are concerning.
Boston Beer (SAM) delivered earnings and revenue surprises of -229.17% and 11.96%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Yahoo Finance Live’s Seana Smith examines several stocks trending in the after-hours trading session.
Despite inflation and supply-chain headwinds, Coca-Cola Europacific's (CCEP) Q4 results are expected to reflect gains from consumer demand and digital growth.
Nu Skin's (NUS) fourth-quarter results are likely to reflect the adverse impacts of cost inflation and currency translations, whereas a focus on the Nu Vision 2025 strategy is likely to have been an upside.
Boston Beer's (SAM) Q4 results are likely to reflect gains from improved shipments and depletions, better pricing, and innovation, offset by a slowdown in hard seltzer and higher costs.
PepsiCo, Coca-Cola, The Boston Beer and Molson Coors Beverage are included in this Analyst Blog.