Is SAM a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

1,088 people get SAM articles and Market Currents by email alert.

Get email alerts on SAM »

FOCUS | PRO | RELATED | TRANSCRIPTS | NEWS & PR

How To Assess Boston Beer's Intrinsic Value
Valuentum • Thu, Jun 6
Boston Beer: Excellent Business Model And Management
Nikhil Raheja • Wed, May 22 • 3 Comments
Boston Beer: Almost Time To Take A Sip
Philip Saglimbeni • Tue, May 14 • 14 Comments
Boston Beer: Buy The Beer, Sell The Stock
BPD Research • Wed, Mar 6 • 28 Comments
Samuel Adams In Cans Will Justify Boston Beer's High Price Earnings Multiple
Chris Katje • Thu, Feb 21 • 4 Comments
Sam Adams: Reinventing The Beer Can
Christopher Cowan • Wed, Feb 20
Boston Beer Company Hops In After Hours Trading, But There Are Reasons To Be Skeptical
Mike King • Thu, Dec 13, 2012 • 8 Comments
Boston Beer Company Brewing A Better Return On Investment
Colin Lea • Wed, Nov 21, 2012 • 4 Comments
Short Sellers, Growth And Beer: Mulling The Foamy Valuation Of Boston Beer
YCharts • Wed, Nov 7, 2012
Love The Beer, Short The Stock
Bret Jensen • Tue, Oct 2, 2012 • 10 Comments
Why Boston Beer's Shares Are Overvalued
Valuentum • Mon, Sep 10, 2012
Was Boston Beer's Share Rally From Whiskey Deal Warranted?
Chris Katje • Wed, Jun 20, 2012 • 3 Comments
Boston Beer Is Due For A Fall
Valuentum • Tue, Apr 17, 2012 • 1 Comment
Boston Beer: Flavor And Growth Make For A Winning Investment
Bill Maurer • Mon, Dec 19, 2011 • 7 Comments
Boston Beer Keeps Chugging Along
atmabus • Tue, Mar 22, 2011 • 5 Comments
BEER Act Good for Boston Beer Company
Mike Maher • Thu, Mar 17, 2011 • 2 Comments
This Beer Stock Is a Buy Right Now
Ian Wyatt • Wed, Jan 12, 2011 • 3 Comments
Celebrating Independence With Boston Beer Company
Jefferson Starship • Mon, Nov 22, 2010 • 3 Comments
Boston Beer's Cup Runneth Over After Earnings
Moby Waller • Tue, Nov 9, 2010 • 2 Comments
Samuel Adams: Value at 25x Earnings?
Alex Morris • Tue, Nov 2, 2010 • 29 Comments

Boston Beer: Buy The Beer, Sell The Stock
BPD Research • Wed, Mar 6 • 28 Comments

Applied Materials Fared The Worst Of Any Major U.S. Equipment Supplier In 2012
Robert Castellano • Wed, Jun 5 • 2 Comments
Craft Breweries To Possibly Wet Down Your Portfolio
Kyan Alexander • Mon, May 27
3 Stocks To Take Advantage Of Craft Beer's Popularity
Kapitall • Sun, May 12 • 1 Comment
Craft Brew Alliance A Buy With Buffalo Wild Wings Partnership And International Expansion
Chris Katje • Fri, May 3 • 4 Comments
Why Beer Investors Have No Reason To Whine
David Zanoni • Mon, Apr 22 • 8 Comments
As Summer Approaches, An Examination Of Alcohol Stocks
Wes Blevins • Wed, Apr 17 • 3 Comments
A Beer Stock With A 5.4% Yield To Hop Up Your Portfolio
Jody Kohut • Mon, Apr 1 • 5 Comments
2 Beverage Companies And A Bank With Recent Intensive Insider Selling
Markus Aarnio • Mon, Mar 18 • 12 Comments
How Will Beverage Companies Perform Through April?
The Oxen Group • Thu, Mar 7 • 1 Comment
5 High Growth Consumer Stocks With Encouraging Sales Trends
Kapitall • Fri, Jan 18 • 6 Comments
Dividends Vs. Growth, Part II
Ryan Schroeder • Tue, Jan 15 • 24 Comments
5 Rallies I Wouldn't Buy Into
Bill Maurer • Wed, Jan 9 • 34 Comments
Beverage Industry: Which Stock To Buy?
Jefferson Ridge • Fri, Dec 21, 2012 • 4 Comments
Growth Vs. Value: Who Won In 2012?
Bill Maurer • Mon, Dec 17, 2012 • 7 Comments
Thursday Options Brief: SAM, ALLT & UNG
Interactive Brokers • Thu, Dec 13, 2012
5 Stocks With Unusual Volume
Mike King • Thu, Dec 13, 2012
These 5 Heavily Shorted Stocks Are Hitting New Highs
Heisenberg Principle • Thu, Dec 13, 2012
5 Significant Buys By Ziegler Capital Management
Efsinvestment • Thu, Nov 22, 2012
It's Time To Buy Monster Beverage And Sit On Boston Beer
The Oxen Group • Sun, Oct 21, 2012 • 5 Comments
Football Season Means Beer And Chicken Wings
Dividends For The Long Haul • Mon, Sep 17, 2012 • 1 Comment

Boston Beer's CEO Discusses Q1 2013 Results - Earnings Call Transcript
Wed, May 1
Boston Beer Company Inc's CEO Discusses Q4 2012 Earnings Results - Earnings Call Transcript
Wed, Feb 20 • 1 Comment
The Boston Beer's CEO Discusses Q3 2012 Results - Earnings Call Transcript
Thu, Nov 1, 2012
The Boston Beer Company's Management Presents at Barclays Back to School Conference (Transcript)
Mon, Sep 10, 2012
The Boston Beer's CEO Discusses Q2 2012 Results - Earnings Call Transcript
Wed, Aug 1, 2012
The Boston Beer Company CEO Discusses Q3 2010 Results – Earnings Call Transcript
Sun, Nov 7, 2010
Boston Beer Co. Inc., Q2 2010 Earnings Call Transcript
Tue, Aug 3, 2010
The Boston Beer Company, Inc. Q1 2010 Earnings Call Transcript
Wed, May 5, 2010
The Boston Beer Company, Inc. F4Q08 Earnings Call Transcript
Tue, Mar 10, 2009
The Boston Beer Company, Inc. Q2 2008 Earnings Call Transcript
Sun, Aug 31, 2008
Boston Beer Company Q1 2008 Earnings Call Transcript
Fri, May 23, 2008
Boston Beer Company Q4 2007 Earnings Call Transcript
Tue, Mar 11, 2008
Boston Beer Co. Inc. Q3 2007 Earnings Call Transcript
Tue, Nov 6, 2007

Early Movers: VOD, RMBS, AMAT, YUM & More

at CNBC.com (Jun 12, 2013)
Something Borrowed, Something Brew: Wedding Beer

at CNBC.com (Jun 8, 2013)
The Beer Revolution Will Not Be Bottled

at CNBC.com (Jun 6, 2013)
Beer cans make a comeback

at MarketWatch.com (Jun 3, 2013)
Pittsburgh Says, No Boston Beer Allowed Here!

at CNBC.com (May 31, 2013)
Stella Artois Hops on the Cider Bandwagon

at CNBC.com (May 11, 2013)
Early Movers: GM, BDX, CI & More

at CNBC.com (May 2, 2013)
Last Call: Poor Start to May

at CNBC.com (May 2, 2013)
After-Hours Buzz: FB, V, YELP & More

at CNBC.com (May 1, 2013)
Boston Beer Reports First Quarter 2013 Results

PR Newswire (May 1, 2013)
Mark Hulbert: Stay away from sin

at MarketWatch.com (May 1, 2013)
Weekend Investor: 14 cheap dividend stocks for a rich market

at MarketWatch.com (Apr 26, 2013)
A Peaceful Easy Feeling Wine

at CNBC.com (Mar 25, 2013)
Drinking at the Vatican and the Ultimate Beer Internship

at CNBC.com (Mar 15, 2013)
The Brewing Battle Over Big Beer Bottles

at CNBC.com (Mar 11, 2013)
Early Movers: SHLD, KSS, GRPN & More

at CNBC.com (Feb 28, 2013)
Early Movers: WMT, HRL, CHK & More

at CNBC.com (Feb 21, 2013)
Boston Beer Reports Fourth Quarter 2012 Results

PR Newswire (Feb 20, 2013)
What You Do for Love: Make a Diabetic-Friendly Brew

at CNBC.com (Feb 11, 2013)
Stocks Fall In Wake of US Data, Earnings Disappointment

at CNBC.com (Jan 31, 2013)

SAM vs. ETF Alternatives

Company Description

The Boston Beer Company, Inc. (“Boston Beer” or the “Company”) is the largest craft brewer and the largest independently-owned brewer overall in the United States. In fiscal 2009, Boston Beer sold approximately 2 million barrels of its proprietary products (“core brands”) and brewed or packaged... More

Sector: Consumer Goods

Industry: Beverages - Brewers

Country: United States

All
| Earnings
| Dividends
| M&A
| On the move

Wednesday, June 12, 8:16 AM Cheers! Goldman admits to "significantly underestimating" the potential of Boston Beer's (SAM) Angry Orchard hard cider which has gone "from not existing to having a 40%+ share of the burgeoning cider segment." As a result, analyst Judy Hong upgrades SAM to Neutral from Sell and raises the price target on the shares to $162 from $141. Ever wondered what SAM is worth on a DCF basis? See SA contributor Valuentum's recent article for the answer. 1 Comment
Friday, May 24, 9:24 AM Boston Beer (SAM) increased sales by over 40% during a four-week tracking period, according to Citi Research. A combination of seasonal specials, higher promotional spending, and attractive pricing helped beer sales shoot up 18% in dollar terms. 1 Comment [Consumer]
Friday, May 17, 9:13 AM Big beer companies including Anheuser-Busch InBev (BUD), Molson Coors (TAP), SABMiller (SBMRY.PK), Heineken (HINKY.PK), and Constellation Brands (STZ) support legislation that they say would take away some of the advantages craft brewers have on excise taxes. While separating the big boys like A-B from smaller local players is pretty easy, things get more confusing when trying to label brewers such as Boston Beer (SAM) and Craft Brew Alliance (BREW) with indy roots. What to watch: Though sluggish beer volume in the U.S. is a major concern, the battle over excise taxes could be just as big for bottom lines. Comment! [Consumer, Global & FX]
Thursday, May 2, 12:59 PM Midday top 10 gainers: IFT +46%. BBW +32%. STAA +26%. YELP +25%. RTK +19%. NETE +17%. ATTU +17%. OMG +16%. MTSN +15%. TOWR +13%.
Midday top 10 losers: NBL -72% (split). AVNW -15%. CIG -15%. SMA -15%. DXPE -14%. SAM -12%. LCUT -11%. AZK -10%. GTAT -10%. NEWP -9%. Comment! [On the Move]
Thursday, May 2, 10:17 AM Shares of Boston Beer (SAM -8.7%) get hammered after the company misses estimates with its Q1 report. A downgrade from Credit Agricole to Underperform isn't lightening the mood any. During the earnings call, execs made it clear the brewer will back Samuel Adams with capital and brand investments to help it recover from a market share decline. (transcript) Comment! [Consumer, On the Move]
Wednesday, May 1, 7:04 PM More on Boston Beer (SAM): Q1 comes in mixed, beating on top line sales but coming up short on its bottom line. Net profit dropped 7.8% as higher brewing costs weighed on margins. Operating margins came in at 49.9%, far off the company's target of around 53% to 55%. Additionally, in its call, management warns that competition in the space has intensified as both big and small brewers are aggressively pushing their craft brands. To combat the threat, SAM has beefed up its marketing efforts. Consequently, ad, promotional and selling expenses climbed 19% Y/Y. Earnings Call Webcast. 2 Comments [Earnings, Consumer]
Wednesday, May 1, 4:21 PM Boston Beer (SAM): Q1 EPS of $0.51 misses by $0.11. Revenue of $135.9M beats by $5.92M. (PR) 1 Comment [Earnings, Breaking News, Consumer]
Friday, April 19, 4:53 PM Beer brewers Molson Coors (TAP +6%), Boston Beer Co. (SAM +4.1%), and Craft Brew Alliance (BREW +4.5%) all closed with strong gains. News of Anheuser Busch's deal with the DOJ regarding the Grupo Modelo acquisition, replete with multiple U.S.-related concessions, may have helped. 1 Comment [Consumer, On the Move]
Wednesday, March 27, 10:27 AM The Beer Institute says it will oppose a measure aimed at lowering excise taxes on beer from smaller producers. The group - which reps big brewers such as Anheuser-Busch InBev (BUD -1.2%), MillerCoors(SBMRY.PK), and Boston Beer (SAM -0.4%) - wants to see both large and small beer companies pay excise taxes at the same rate. Comment! [Consumer, Global & FX]
Monday, March 4, 7:01 AM Beer sales in the U.S. registered their first gain in four years in 2012, according to preliminary figures tabulated by Beverage Marketing. Though the 1.4% rise was modest, the shift toward beer from other alcohol options is welcome relief for brewers. Comment! [Consumer]
Wednesday, February 20, 4:49 PM More on Boston Beer (SAM): Q4 comes in mixed, missing on its EPS but meeting revenue estimates. Total sales rose by 8% Y/Y strong demand for seasonal brews and newer products like Angry Orchard ciders, but net profit fell 5.1% as margins slid to 52.1% from 56.4% and prior-year results included a tax-settlement gain. Core shipment volume grew 9%, while depletions increased by 16%. FY13 EPS guidance of $4.70 - $5.10 straddles the $5.00 Street view. Shares -2% AH. 1 Comment [Consumer, Earnings, On the Move]
Wednesday, February 20, 4:19 PM Boston Beer (SAM): Q4 EPS of $1.25. Revenue of $153M (+8% Y/Y) beats by $0.51M. (PR) Comment! [Earnings, Breaking News, Consumer]
Wednesday, February 20, 12:10 AM Notable earnings after Wednesday’s close: AUY, CAKE, CROX, CXO, DEPO, ETE, ETP, FLR, FST, GDP, GNK, HLX, IAG, IDCC, JACK, KBR, PAAS, PPO, PVA, RBCN, RGP, SAM, SB, SM, SNPS, STAG, STR, SXL, SYNC, SZYM, TRN, TSLA, UNTD, WLT, WMB, WPZ, XCO Comment! [Earnings]
Tuesday, February 19, 5:35 PM Notable earnings after Wednesday’s close: AUY, CAKE, CROX, CXO, DEPO, ETE, ETP, FLR, FST, GDP, GNK, HLX, IAG, IDCC, JACK, KBR, PAAS, PPO, PVA, RBCN, RGP, SAM, SB, SM, SNPS, STAG, STR, SXL, SYNC, SZYM, TRN, TSLA, UNTD, WLT, WMB, WPZ, XCO Comment! [Earnings]
Wednesday, January 30, 10:14 AM Beer drinking in Germany fell to its lowest level since 1990 to extend a long trend of Germans imbibing less for health reasons and with other beverage choices grabbing their attention. The bigger issue: Though beer companies continue to point to emerging markets as potential areas for growth, it's starting to look unlikely that the sluggish demand in developed markets can be turned around. As a consequence, analysts see more M&A activity in the sector between brewers and non-alcoholic beverage companies. (Previous: BUD-PEP merger chatter) 2 Comments [Consumer, Global & FX]
Monday, December 17, 2012, 10:48 AM Something is about to give up with Boston Beer (SAM +3%) after the company lifted its outlook for FY12 profits last week. For believers of social media sentiment tracking, the stock moved from neutral to strong positive. But also in the mix, shorts still hold a dominating position of 34% of all outstanding shares. SAM +21% since hiking guidance. Comment! [Consumer, On the Move]

Philip Saglimbeni
$SAM continues to act well in a weak market after a massive volume gain yesterday on a Goldman Sachs upgrade to neutral from sell
Thu, 9:49 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Zach Tripp
Which of your #stocks were up Friday? $MVIS +0.68%, $SAM +1.82, $CRWS +0.17%
Jun 1, 8:01 PM
Reply (9)

• !Report Abuse
View all 9 replies
chopchop0: Nice pop in $SAM today. Thanks GS!
Jun 12, 9:42 AM
• !Report Abuse
Zach Tripp: I will admit, I sold a good portion on my $SAM way too early.
Thu, 9:02 PM
• !Report Abuse
Add a reply...

140 characters

Philip Saglimbeni
$SAM, $BCPC, $CHD, $PNRA, $CMG, $VFC: just some names on my list should the market pull back significantly from here . . .
May 22, 5:53 PM
Reply (3)

• !Report Abuse
View all 3 replies
Philip Saglimbeni: gut feeling I would say probably both, sry to cop out, I think we go lower this week and into the next few weeks and then another leg up
May 22, 6:18 PM
• !Report Abuse
Philip Saglimbeni: today looked awfully like a short-term reversal at least, but then again I did not see a rally like we've had the last few months
May 22, 6:19 PM
• !Report Abuse
Add a reply...

140 characters

chopchop0
Looks like $SAM is getting some spillover bubbles from $TAP and $STZ
May 16, 12:40 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Philip Saglimbeni
Here's why I am considering $SAM on current weakness, $SAM, $BUD, $TAP: http://seekingalpha.com/a/up65
May 14, 9:07 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Kapitall
Raise your glass (and portfolio) to craft beer. $BREW $SAM $TAP http://seekingalpha.com/a/ulwn
May 13, 3:46 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ltfinger
Returning Downgrades (5/2/13): $MRC, $MUR, $NEWP, $NPO, $NSIT, $SAM, $SBH, $SF, $STRA, $TGI, $TRN, $TS, $WCC, $ZBRA
May 3, 9:00 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

neobliviscar
Can't get excited about $SAM, but bottom fishing $HSH, $K, and $IP by selling puts/buying calls. 15 to 45 day positions.
May 2, 10:32 AM
Reply (2)

• !Report Abuse
View all 2 replies
techwonk: SAM would have too fall back 20% to get to "overpriced"
May 2, 2:50 PM
• !Report Abuse
neobliviscar: Agreed.
May 2, 3:06 PM
• !Report Abuse
Add a reply...

140 characters

ltfinger
New Downgrades (4/4/13): $OII, $PCAR, $PDCE, $PPO, $PRAA, $PRU, $RKT, $SAM, $SBNY, $SIVB, $SODA, $SQM, $SYNA, $TEN, $TG, $THC, $THS, $TK
Apr 5, 12:37 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ltfinger
Returning Upgrades (4/2/13): $DIS, $DVA, $ECL, $ENDP, $HNT, $ININ, $LHCG, $MKL, $OMC, $OPEN, $ORLY, $SAM, $SBUX
Apr 3, 1:03 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

LATEST REPLIES

Zach Tripp
Which of your #stocks were up Friday? $MVIS +0.68%, $SAM +1.82, $CRWS +0.17%
Jun 1, 8:01 PM
Reply (9)

• !Report Abuse
View all 9 replies
chopchop0: Nice pop in $SAM today. Thanks GS!
Jun 12, 9:42 AM
• !Report Abuse
Zach Tripp: I will admit, I sold a good portion on my $SAM way too early.
Thu, 9:02 PM
• !Report Abuse
Add a reply...

140 characters

Philip Saglimbeni
$SAM, $BCPC, $CHD, $PNRA, $CMG, $VFC: just some names on my list should the market pull back significantly from here . . .
May 22, 5:53 PM
Reply (3)

• !Report Abuse
View all 3 replies
Philip Saglimbeni: gut feeling I would say probably both, sry to cop out, I think we go lower this week and into the next few weeks and then another leg up
May 22, 6:18 PM
• !Report Abuse
Philip Saglimbeni: today looked awfully like a short-term reversal at least, but then again I did not see a rally like we've had the last few months
May 22, 6:19 PM
• !Report Abuse
Add a reply...

140 characters

neobliviscar
Can't get excited about $SAM, but bottom fishing $HSH, $K, and $IP by selling puts/buying calls. 15 to 45 day positions.
May 2, 10:32 AM
Reply (2)

• !Report Abuse
View all 2 replies
techwonk: SAM would have too fall back 20% to get to "overpriced"
May 2, 2:50 PM
• !Report Abuse
neobliviscar: Agreed.
May 2, 3:06 PM
• !Report Abuse
Add a reply...

140 characters

J. A. Saglimbeni
Was foaming at the mouth for $SAM when it was 112, but I was too late to the bar....
12/13/12
Reply (12)

• !Report Abuse
View all 12 replies
Ocean Man: Killian's is a great morning beer.
12/13/12
• !Report Abuse
jeffde: I'm upset that I couldn't get those free killian's glasses!
Mar 6, 4:07 AM
• !Report Abuse
Add a reply...

140 characters

Zach Tripp
Time to relook at SAM
2/23/12
Reply (1)

• !Report Abuse
View all 1 replies
Rubenov: Already did. Sold $90 puts.
2/23/12
• !Report Abuse
Add a reply...

140 characters

moneyhawk1
FST TAP BWLD SAM TGT NEM
2/13/12
Reply (2)

• !Report Abuse
View all 2 replies
Ocean Man: Great day for FST today.
2/13/12
• !Report Abuse
moneyhawk1: yes sir..thank you have a great day
2/14/12
• !Report Abuse
Add a reply...

140 characters

Bill Maurer
Huge day for SAM. Been pitching it since $90, and if you've been listening, you're doing well. Especially today.
12/27/11
Reply (2)

• !Report Abuse
View all 2 replies
Noreika: Nice call. No, I didn't head the advice, I figured micro-brews will cut into the big boy's profit eventually.
12/27/11
• !Report Abuse
Ocean Man: Up 45% over the past 3 months in a straight line - beautiful.
12/27/11
• !Report Abuse
Add a reply...

140 characters

dinky doo
premarket dec 20 looking at... ALX, AGN,WLP,V,TZF,SAM,BPT,BPL.KOF, DDMGQ.PK, DTE, GNI,GSE, IMPV, KMP,NS,PM, ZZC,SQM,SPR,SWU,SXL,TD,URI,VFC, and
12/20/11
Reply (3)

• !Report Abuse
View all 3 replies
dinky doo: that was one early market gainer I was eyeing but ended up going with URI and BXP
12/20/11
• !Report Abuse
dinky doo: got up 8% so far not sure if I will stay overnight
12/20/11
• !Report Abuse
Add a reply...

140 characters

Michael Bryant
But IDT Corporation (IDT), Force Protection (FRPT), Boston Beer (SAM), and Accretive Health (AH) for the longterm. FRPT is riskiest of four.
11/2/11
Reply (1)

• !Report Abuse
View all 1 replies
bigazul: FRPT is not a good call at this point. Hardware from Iraq will be re-deployed to Afghanistan before new units are purchased.
11/2/11
• !Report Abuse
Add a reply...

140 characters

SAM Boston Beer Co.

SAM

Boston Beer Co.