Market Summary
USD327.08+0.89
Market Closed0.27%
SAM Stock Price
SAM RSI Chart
SAM Valuation
SAM Price/Sales (Trailing)
SAM Profitability
SAM Fundamentals
SAM Revenue
SAM Earnings
Price Action
52 Week Range
287.00422.75
(Low)(High)
Last 7 days
2.8%
Last 30 days
1.0%
Last 90 days
-0.7%
Trailing 12 Months
-15.3%
SAM Financial Health
SAM Investor Care
Peers (Alternatives to Boston Beer Company)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
KO | 267.5B | 43.0B | 4.73% | 2.36% | 28.03 | 6.22 | 11.25% | -2.34% |
PEP | 243.6B | 86.4B | 4.91% | 8.41% | 27.34 | 2.82 | 8.70% | 16.96% |
PM | 149.8B | 80.7B | -0.70% | 5.63% | 16.55 | 1.86 | -1.89% | -0.67% |
KDP | 49.5B | 14.1B | 1.68% | -6.46% | 34.45 | 3.52 | 10.83% | -33.08% |
MNST | 27.4B | 6.3B | 3.16% | 31.13% | 23.01 | 4.34 | 13.89% | -13.49% |
TAP | 11.2B | 12.8B | -2.06% | -4.14% | -63.93 | 0.87 | 2.87% | -117.43% |
| MID-CAP | ||||||||
CELH | 7.0B | 653.6M | 0.70% | 59.97% | -37.29 | 10.69 | 107.97% | -4902.10% |
SAM | 4.0B | 2.2B | 1.01% | -15.32% | 59.91 | 1.81 | 1.18% | 362.19% |
MGPI | 2.1B | 782.4M | -6.78% | 10.54% | 19.1 | 2.66 | 24.83% | 19.88% |
| SMALL-CAP | ||||||||
REED | 365.3M | 50.8M | 3480.11% | 988.71% | -20.12 | 7.19 | 6.92% | -22.73% |
WTER | 24.8M | 73.3M | -31.40% | -81.66% | -0.8 | 0.34 | 32.40% | 6.88% |
JVA | 12.0M | 67.9M | -10.37% | -46.20% | 30.49 | 0.18 | 6.35% | -24.82% |
FIZZ | 4.8M | 1.2B | 11.36% | 17.61% | 0.03 | 0 | 4.98% | -14.14% |
Financials for Boston Beer Company
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 4.8% | 2,223 | 2,120 | 2,086 | 2,072 | 2,197 |
| Gross Profit | 8.3% | 862 | 796 | 711 | 721 | 798 |
| Operating Expenses | 1.3% | 771 | 762 | 791 | 792 | 790 |
| S&GA Expenses | 0.3% | 578 | 577 | 590 | 597 | 607 |
| EBITDA | 52.3% | 173 | 113 | -3.33 | 3.00 | 79.00 |
| EBITDA Margin | 45.3% | 0.08* | 0.05* | 0.00* | 0.00* | 0.04* |
| Earnings Before Taxes | 172.7% | 91.00 | 34.00 | -81.16 | -71.94 | 7.00 |
| EBT Margin | 160.1% | 0.04* | 0.02* | -0.04* | -0.03* | 0.00* |
| Net Income | 150.1% | 67.00 | 27.00 | -58.81 | -52.97 | 15.00 |
| Net Income Margin | 138.6% | 0.03* | 0.01* | -0.03* | -0.03* | 0.01* |
| Free Cahsflow | -17.7% | 109 | 133 | 32.00 | -136 | -91.62 |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -7.2% | 1,421 | 1,531 | 1,480 | 1,390 | 1,387 |
| Current Assets | -20.0% | 423 | 529 | 450 | 357 | 345 |
| Cash Equivalents | -18.7% | 181 | 222 | 138 | 16.00 | 27.00 |
| Inventory | -22.8% | 148 | 192 | 164 | 163 | 149 |
| Net PPE | -0.4% | 668 | 671 | 675 | 669 | 665 |
| Goodwill | 0% | 113 | 113 | 113 | 113 | 113 |
| Liabilities | -22.9% | 352 | 457 | 436 | 405 | 403 |
| Current Liabilities | -34.9% | 204 | 314 | 291 | 246 | 255 |
| Shareholder's Equity | -0.5% | 1,069 | 1,074 | 1,044 | 985 | 983 |
| Retained Earnings | -2.5% | 439 | 451 | 423 | 370 | 372 |
| Additional Paid-In Capital | 0.9% | 630 | 624 | 621 | 615 | 612 |
| Accumulated Depreciation | - | 494 | - | - | - | - |
| Shares Outstanding | 0.0% | 12.00 | 12.00 | 12.00 | - | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -13.2% | 200 | 230 | 147 | -4.52 | 56.00 |
| Share Based Compensation | -6.3% | 14.00 | 15.00 | 16.00 | 17.00 | 19.00 |
| Cashflow From Investing | 8.6% | -88.51 | -96.82 | -113 | -131 | -146 |
| Cashflow From Financing | 34.3% | 3.00 | 2.00 | 2.00 | 7.00 | -6.64 |
Risks for SAM
What is the probability of a big loss on SAM?
81.5%
Probability that Boston Beer Company stock will be more than 20% underwater in next one year
39.6%
Probability that Boston Beer Company stock will be more than 30% underwater in next one year.
29.2%
Probability that Boston Beer Company stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does SAM drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Boston Beer Company was unfortunately bought at previous high price.
Drawdowns
Returns for SAM
Cumulative Returns on SAM
7.5%
10-Year Cumulative Returns
8.5%
7-Year Cumulative Returns
11.6%
5-Year Cumulative Returns
-3.5%
3-Year Cumulative Returns
What are the long-term rolling returns for SAM?
FIve years rolling returns for Boston Beer Company.
Annualized Returns
Which funds bought or sold SAM recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-03-23 | MetLife Investment Management, LLC | reduced | -2.86 | -22,936 | 2,073,670 | 0.02% |
2023-03-17 | American Portfolios Advisors | unchanged | - | 621 | 9,710 | -% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -0.05 | 12,049 | 687,049 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 4.91 | 43,000 | 675,000 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 126,206 | 126,206 | -% |
2023-02-28 | Voya Investment Management LLC | added | 8.83 | 299,456 | 3,071,460 | -% |
2023-02-27 | Parallax Volatility Advisers, L.P. | reduced | -88.49 | -1,665,890 | 221,108 | -% |
2023-02-24 | SRS Capital Advisors, Inc. | sold off | -100 | -16,000 | - | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -5.78 | -57,000 | 1,347,000 | 0.01% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | added | 9.22 | 15,284 | 148,284 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Boston Beer Company News
Schedule 13G FIlings of Boston Beer Company
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | t. rowe price investment management, inc. | 12.1% | 1,239,545 | SC 13G/A | |
| Feb 10, 2023 | koch c james | 18.40% | 2,271,472 | SC 13G/A | |
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 8.79% | 898,929 | SC 13G/A | |
| Feb 03, 2023 | blackrock inc. | 8.2% | 842,595 | SC 13G/A | |
| Jun 10, 2022 | fmr llc | - | 0 | SC 13G | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 12.9% | 1,324,015 | SC 13G/A | |
| Feb 10, 2022 | koch c james | 18.50% | 2,274,753 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 8.42% | 859,096 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 7.8% | 798,400 | SC 13G/A |
SAM Fair Value
Boston Beer Company fair value in different scenarios
The table shows the Fair Value estimates for Boston Beer Company for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 120.85 -63.05% | 192.02 -41.29% | 312.90 -4.34% | 464.90 42.14% | 693.04 111.89% |
| Current Inflation | 229.07 -29.97% | 298.55 -8.72% | 419.78 28.34% | 633.28 93.62% | 864.49 164.31% |
| Very High Inflation | 103.16 -68.46% | 153.41 -53.10% | 235.70 -27.94% | 340.94 4.24% | 494.05 51.05% |
Historical Boston Beer Company Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Boston Beer Company
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 28, 2023 | 8-K | Current Report | |
| Mar 21, 2023 | 4 | Insider Trading | |
| Mar 21, 2023 | 4 | Insider Trading | |
| Mar 07, 2023 | 4 | Insider Trading | |
| Mar 07, 2023 | 8-K | Current Report | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for SAM
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-17 | O'Boyle Carolyn L. | acquired | 17,679 | 226 | 78.00 | chief people officer |
2023-03-17 | Murphy Matthew Donal | acquired | 17,679 | 194 | 91.00 | cao & interim cfo |
2023-03-06 | Fritsch Annette N | sold | -70,041 | 318 | -220 | vp of product design and r&d |
2023-03-01 | Smalla Frank H. | sold (taxes) | -63,464 | 323 | -196 | chief financial officer |
2023-03-01 | Fritsch Annette N | sold (taxes) | -34,646 | 323 | -107 | vp of product design and r&d |
2023-03-01 | Lysyj Lesya | sold (taxes) | -39,827 | 323 | -123 | chief marketing officer |
2023-03-01 | Geist John C | acquired | - | - | 1,545 | chief sales officer |
2023-03-01 | HEATH TARA L. | sold (taxes) | -46,627 | 323 | -144 | chief legal officer |
2023-03-01 | Lysyj Lesya | acquired | - | - | 850 | chief marketing officer |
2023-03-01 | Fritsch Annette N | acquired | - | - | 464 | vp of product design and r&d |
The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. The company's flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, and hard seltzers under the Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard, Dogfish Head, Angel City, Coney Island, Concrete Beach brand names. The company markets and sells its products to a network of approximately 400 wholesalers in the United States, as well as international wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores, club stores, convenience stores, liquor stores, bars, restaurants, stadiums, and other retail outlets. It also sells in products in Canada, Europe, Israel, Australia, New Zealand, the Caribbean, the Pacific Rim, Mexico, and Central and South America. The Boston Beer Company, Inc. was founded in 1984 and is based in Boston, Massachusetts.
SAM Income Statement
2022-12-31Consolidated Statements of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 | Dec. 25, 2021 | Dec. 26, 2020 | |
| Income Statement [Abstract] | |||
| Revenue | $ 2,222,667 | $ 2,196,650 | $ 1,851,813 |
| Less excise taxes | 132,333 | 139,028 | 115,381 |
| Net revenue | 2,090,334 | 2,057,622 | 1,736,432 |
| Cost of goods sold | 1,228,348 | 1,259,830 | 921,980 |
| Gross profit | 861,986 | 797,792 | 814,452 |
| Operating expenses: | |||
| Advertising, promotional and selling expenses | 578,400 | 606,994 | 447,568 |
| General and administrative expenses | 157,534 | 133,624 | 118,211 |
| Contract termination costs and other | 5,379 | 30,678 | |
| Impairment of intangible assets | 27,100 | ||
| Impairment of brewery assets | 2,782 | 18,499 | 4,466 |
| Total operating expenses | 771,195 | 789,795 | 570,245 |
| Operating income | 90,791 | 7,997 | 244,207 |
| Other (expense) income: | |||
| Interest (expense) income, net | 2,561 | (110) | (199) |
| Other (expense) income, net | (1,916) | (978) | 222 |
| Total other (expense) income, net | 645 | (1,088) | 23 |
| Income before income tax provision (benefit) | 91,436 | 6,909 | 244,230 |
| Income tax (benefit) provision | 24,173 | (7,644) | 52,270 |
| Net income | $ 67,263 | $ 14,553 | $ 191,960 |
| Net income per common share - basic | $ 5.46 | $ 1.19 | $ 15.73 |
| Net income per common share - diluted | $ 5.44 | $ 1.17 | $ 15.53 |
| Weighted-average number of common shares - basic | 12,317 | 12,280 | 12,204 |
| Weighted-average number of common shares - diluted | 12,345 | 12,436 | 12,283 |
| Net income | $ 67,263 | $ 14,553 | $ 191,960 |
| Other comprehensive income (loss): | |||
| Foreign currency translation adjustment | (269) | (32) | 25 |
| Defined benefit plans liability adjustment | 253 | 90 | 1,392 |
| Total other comprehensive income (loss), net of tax | (16) | 58 | 1,417 |
| Comprehensive income | $ 67,247 | $ 14,611 | $ 193,377 |
SAM Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 25, 2021 |
|---|---|---|
| Current Assets: | ||
| Cash and cash equivalents | $ 180,560 | $ 26,853 |
| Restricted cash | 0 | 39,468 |
| Accounts receivable | 56,672 | 55,022 |
| Inventories | 148,450 | 149,118 |
| Prepaid expenses and other current assets | 27,461 | 21,462 |
| Income tax receivable | 10,126 | 53,418 |
| Total current assets | 423,269 | 345,341 |
| Property, plant and equipment, net | 667,909 | 664,815 |
| Operating right-of-use assets | 43,768 | 52,774 |
| Goodwill | 112,529 | 112,529 |
| Intangible assets | 76,324 | 103,677 |
| Third-party production prepayments | 61,339 | 88,294 |
| Other assets | 35,635 | 19,354 |
| Total assets | 1,420,773 | 1,386,784 |
| Current Liabilities: | ||
| Accounts payable | 84,248 | 85,920 |
| Accrued expenses and other current liabilities | 111,153 | 161,552 |
| Current operating lease liabilities | 8,866 | 7,634 |
| Total current liabilities | 204,267 | 255,106 |
| Deferred income taxes, net | 96,592 | 87,495 |
| Non-current operating lease liabilities | 45,274 | 53,849 |
| Other liabilities | 6,091 | 6,925 |
| Total liabilities | 352,224 | 403,375 |
| Commitments and Contingencies (See Note N) | ||
| Stockholders’ Equity: | ||
| Additional paid-in capital | 629,515 | 611,622 |
| Accumulated other comprehensive loss | (210) | (194) |
| Retained earnings | 439,121 | 371,858 |
| Total stockholders’ equity | 1,068,549 | 983,409 |
| Total liabilities and stockholders’ equity | 1,420,773 | 1,386,784 |
| Common Class A | ||
| Stockholders’ Equity: | ||
| Common Stock | 102 | 102 |
| Common Class B | ||
| Stockholders’ Equity: | ||
| Common Stock | $ 21 | $ 21 |