SAM News and Press, Boston Beer Company Inc. From 12/14/20

Insider buying decreased last week with insiders purchasing $66.85 million of stock. Notable Insider Buys: HC2 Holdings, Inc., Ardelyx, Inc., Carriage Services, Inc., CuriosityStream Inc., Cannae Holdings, Inc. Notable Insider Sells: Facebook, Inc., The Boston Beer Company, Inc., ...

Boston Beer (NYSE: SAM) shareholders lost ground to a surging market in November as their stock dropped 10% compared to the 11% increase in the S&P 500 , according to data provided by S&P Global Market Intelligence . The slump erased just a small portion of recen...

Insider buying decreased last week with insiders purchasing $82.04 million of stock. Notable Insider Buys: HC2 Holdings, Inc., MultiPlan Corporation, The Kraft Heinz Company, American Assets Trust, Inc., Maravai LifeSciences Holdings, Inc. Notable Insider Sells: Walmart Inc., Face...

UBS lays out a pretty clear case why Boston Beer ([[SAM]] -3.0%) is in a strong position as hard seltzer demand continues to accelerate. Analyst Sean King: "We continue to expect Hard Seltzer sales to grow from $1.6B in 2019 to $8.0B by 2022E (+73% CAGR). This implies Hard Seltzer consumption...

Boston Beer Company has seen an uptick in sales over the past three years due to strong hard seltzer growth. During 2020, alcohol sales have increased, leading to a strong year for the company. But at the current valuation of 2.25x PEG assuming a 20% growth rate, the company looks...

The Boston Beer Co. delivered 35% revenue growth and 60% growth in EPS in 9M20. The strong 200% growth of truly hard seltzer brands compensated the drop in beer sales. SAM's share jumped 120% since mid February 2020 and tripled since its March lows, while other beer companies suffered...

Acquisitions will hurt gross margin in the short term and also heavily affects valuation. Sales and net income growing quickly but not enough to justify stock price. Recent share price pullback is because of a return to fundamentals. For further details see: Boston Beer ...

Nielsen data on retail beverage sales blazed in strong for the four-week period ending November 14. Notable sales gainers for the four weeks (Y/Y%): Boston Beer (SAM) +46.1%, Red Bull +21.3%, Constellation Brands (STZ) +16.6%, Keurig Dr Pepper (KDP) +15.7%, Coca-Cola (KO) +12.5%, Monster Beve...

Shares of Boston Beer (NYSE: SAM) have surged 140% in 2020. The craft beer giant has grown sales 26%, and earnings per share a strong 53% during the coronavirus pandemic. It isn't unusual for beer and spirits companies to experience strong results during economic downturns. ...

Beer sales accelerated over the last four weeks, according to the latest Nielsen data on retail store sales. Total beer sales rose 13.7% for the four-week period that ended on October 31. "The hard seltzer category grew 101% YoY in the last 4 weeks (vs 12-week growth of 107%), achieving 8.1% ...