Published: Mon, April 16, 2018
Business | By Tara Barton

Brokerages Anticipate Samuel Adams (SAM) Will Announce Quarterly Sales of $172.14 Million


Boston Beer Company (SAM) are being closely watched by investors as the firm's Mesa Adaptive Moving Average (MAMA) has moved above the Fractional Adaptive Moving Average (FAMA), indicating that a potential upward move might be forthcoming. On during the last trading session the stock decreased $2.5 or 1.16%, reaching $212.65.Currently The Boston Beer Company, Inc.is uptrending after 25.34% change in last April 15, 2017. SAM has also 109,568 shares volume.

Checking in on additional numbers for Boston Beer Company (SAM), we can see that the company has a Williams Percent Range or 14 day Williams %R of -18.48.

Headlines about Samuel Adams (NYSE:SAM) have been trending somewhat positive this week, according to Accern Sentiment. SAM outperformed by 13.79% the S&P500.

Dan Loeb increased its stake in Mohawk Inds Inc (MHK) by 11.11% based on its latest 2017Q4 regulatory filing with the SEC. The stock was sold at an average price of $205.00, for a total value of $205,000.00. In the last three months, insiders sold 53,249 shares of company stock valued at $10,107,141.

A number of equities analysts have weighed in on the company. The stock increased 0.15% or $0.19 during the last trading session, reaching $130.62.

Fairfax Financial Holdings Ltd Can holds 5.58% of its portfolio in Intrepid Potash, Inc. for 16.67 million shares. The Boston Beer Company, Inc. It has outperformed by 113.45% the S&P500.

Investors sentiment decreased to 0.87 in 2017 Q4. Its up 0.03, from 1.1 in 2017Q3.

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The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States.

Several institutional investors and hedge funds have recently added to or reduced their stakes in SAM. Endurance Wealth Management Inc. purchased a new position in shares of Samuel Adams in the fourth quarter worth about $134,000. (NYSE:SAM). Horizon Kinetics Limited Company invested in 2,161 shares or 0.01% of the stock. (NYSE:SAM) on Tuesday, January 2. New Jersey-based Fincl Architects Inc has invested 0% in The Boston Beer Company, Inc.

Samuel Adams (NYSE:SAM) last issued its quarterly earnings data on Wednesday, February 21st. Bard accumulated 2,250 shares. Pacad Invest Ltd holds 100 shares or 0% of its portfolio. Morgan Stanley reported 81,018 shares stake. Texas Permanent School Fund reported 0.01% in The Boston Beer Company, Inc. (NYSE:SAM). Millennium Management Lc has 11,322 shares for 0% of their portfolio. Td Asset Mgmt accumulated 8,400 shares. Shaker Investments Limited Liability Oh holds 0.17% or 1,335 shs. Funds hold 8.44 million shares thus 3.57% less from 2017Q3's 8.75 million shares. Alliancebernstein Limited Partnership holds 0% or 12,424 shares in its portfolio. 6,715 are held by Convergence Inv Prns Llc. Lincoln Electric Holdings Inc (NASDAQ:LECO) was raised too.

The Boston Beer Company, Inc. had 22 sales and 0 insider buys since October 31, 2017.

Boston Beer Company (SAM) now has a 14-day Commodity Channel Index (CCI) of 134.73. (NYSE:SAM) on Wednesday, April 4. The insider POTTER JONATHAN N. sold 439 shares worth $75,464. The insider Fisher Cheryl sold 93 shares worth $17,569. Burwick David A had sold 5,000 shares worth $950,050 on Tuesday, January 2. Zacks Investment Research upgraded shares of Samuel Adams from a hold rating to a strong-buy rating and set a $221.00 price objective on the stock in a report on Thursday, January 11th. Therefore 6% are positive.

Analysts await The Boston Beer Company, Inc. On Thursday, February 22 Credit Suisse maintained The Boston Beer Company, Inc. The firm has "Buy" rating given on Monday, June 19 by RBC Capital Markets. Accern also gave news articles about the company an impact score of 46.2615232512712 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term. As per Wednesday, November 15, the company rating was maintained by Cowen & Co. On Thursday, October 19 Credit Suisse maintained The Boston Beer Company, Inc. Finally, Macquarie upgraded Samuel Adams from an "underperform" rating to a "neutral" rating and set a $140.00 target price on the stock in a research report on Thursday, February 8th. On Friday, October 27 Credit Suisse maintained the shares of SAM in report with "Neutral" rating. (NASDAQ:CSCO) to report earnings on May, 16. Samuel Adams reported earnings of $0.45 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 15.6%. SAM's profit would be $4.37M giving it 139.90 P/E if the $0.38 EPS is correct. The company reported $0.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.82 by $0.03. "Buy" rating has 0, "Sell" are 0, while 10 are "Hold".

SAM has been the topic of a number of analyst reports. As per Friday, October 14, the company rating was downgraded by Berenberg. UBS maintained Cisco Systems, Inc. The rating was maintained by Susquehanna on Tuesday, July 18 with "Buy". (NYSE:MHK) on Tuesday, December 12 with "Buy" rating. The firm earned "Buy" rating on Monday, October 9 by Wells Fargo. The company was maintained on Wednesday, August 16 by Jefferies.

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