Why Boston Beer Company, Inc. (The) (NYSE:SAM) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $165.00 on Boston Beer Company, Inc. (The) (NYSE:SAM) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $6.55 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Boston Beer Company, Inc. (The) (NYSE:SAM) stands at 26.80.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Boston Beer Company, Inc. (The), the PEG ratio for coming 3-5 years is 4.49.

Technical Analysis

The technical analysis highlights that Boston Beer Company, Inc. (The) current is trading $-4.65 points away or -2.53% from its 50-day moving average of $183.63. Further it is trading $5.74 or +3.31% away its 200-day moving average of $173.24.

The 52-week high of Boston Beer Company, Inc. (The) (NYSE:SAM) was $260.51 while lowest point recorded in 52-week was $145.33. It implies if stock price makes a movement of over $-81.53, it will record a new 52-week high. In the case of +23.15% drop, it will touch a new 52-week low.

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