The Boston Beer Company Inc. (SAM): Consumer Defensive sector is losing shares

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The Boston Beer Company Inc. (NYSE:SAM) changes shares on Friday trading session, with a change of -0.01% or -$0.08 shares. The trading starts at $539.12 and closed at $533.90 throughout the day. The trading session low price was $530.73 and day high was $550.26 on Friday, June 19. After the session, the Consumer Defensive sector daily volume shifted to 0.23 million while its average volume is 151.51K. In other hand, the SAM market cap reached to $6.43B. While, its current target price is $533.82 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 3.65% and up 1.74% for month. Its quarterly performance was 74.19% above, while its half year performance is up 45.86%. SAM yearly performance stood at positive 55.75% and rise 41.28% for year-to-date. Current recommendation for The Boston Beer Company Inc. is 2.50.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. SAM EPS (TTM) for 12-month is 7.71. EPS for this year is 15.20%, while for the next year its value is 12.88. Sales growth for the current quarter is 2.97 while its EPS Q/Q reached -31.80%. It has an EPS of 4.70% up for past five years and for the next five years will be up 23.29%.

Let’s take a look on the analyst recommendations on SAM for the current month and previous month. For the current month, 6 of 13 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 1 as underweight and 5 as Hold. As compared with the previous month ratings, 13 analysts participate in stock recommendation. Out of 13, 1 rated it sell, 7 rated it as Buy and 5 as Hold Ratings. On the other hand, target price ranges from $280.00-$654.00. Average target price for SAM was reached at $500.00.

Price (T.Rowe) Associates Inc, Blackrock Inc. and Vanguard Group, Inc. (The) are the top three holders in The Boston Beer Company Inc. (SAM) stock. On Mar 30, 2020, Price (T.Rowe) Associates Inc has 1.36 million shares which valued 498.5 million. On Mar 30, 2020, Blackrock Inc. owned 1.01 million shares which valued at 372.18 million. On Mar 30, 2020, Vanguard Group, Inc. (The) has a total of 0.83 million shares which valued at 306.76 million. In the end, Vanguard Group, Inc. (The) have 8.64% shares outstanding of The Boston Beer Company Inc. (SAM) on Mar 30, 2020. The insider ownership moved to 4.50% and institutional holding shifted to 92.90%.

The company posted an EPS (TTM) of 7.71. According to the most recent quarter report on (Jun 2020), 9 analysts estimated an average EPS of 2.45, while 2.36 EPS posted a year ago period. Analyst Estimated EPS for SAM published in the report was 1.98-2.98 during the same period. Comparing with last year, the average estimated EPS was 2.36 which is higher than 1.6 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for SAM rise 32.83% for period of 200 days. SMA for 50 days was 9.50% which is showing green signal, while SMA-20 was -0.33%. The moving average value for The Boston Beer Company Inc. (SAM) is 414.84 and 517.29 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in SAM stock. On Jun 16, KOCH C JAMES, Chairman, sold 687 trading shares at the cost of $560.21, which valued at 0.38 million. On Jun 16, Fisher Cynthia A, Director, sold 687 shares at the cost of $560.21, with total shares of 44,328. On Jun 15, Fisher Cynthia A, Director, sold 2,810 shares at the cost of 545.89. After this transaction, Fisher Cynthia A total shares reached to 45,015 which valued at 1.53 million.