Boston Beer Inc. (SAM)

[crudeoil24]

SAM > Boston Beer Company Up Over 21%, On Pace for Record Closing High -- Data Talk
11:34 am ET July 24, 2020 (Dow Jones) Print
Boston Beer Company, Inc. Class A (SAM) is currently at $798.50, up $139.27 or 21.13%

-- Would be new all-time high (Based on available data back to Nov. 21, 1995)

-- On pace for largest percent increase since March 12, 2008, when it rose 25.94%

-- On Thursday, Boston Beer reported second-quarter earnings per share in the second quarter of $4.88, up from $2.36 a share a year earlier. Analysts' consensus had forecast earnings of $2.34 a share, according to FactSet. The company said it expects earnings of between $11.70 a share and $12.70 a share for the full year, reinstating guidance after withdrawing it earlier this year amid uncertainty caused by the Covid-19 pandemic

-- Earlier Friday, Credit Suisse raised its price target on Boston Beer to $625.00/share from $505.00/share, Benzinga reported

-- Currently up five of the past six days

-- Up 48.79% month-to-date; on pace for best month on record (Based on available data back to Nov. 21, 1995)

-- Up 111.33% year-to-date

-- Up 100.38% from 52 weeks ago (July 26, 2019), when it closed at $398.50

-- Would be a new 52 week closing high

-- Up 160.69% from its 52 week closing low of $306.30 on March 16, 2020

-- Traded as high as $813.04; new all-time intraday high (Based on available data back to Nov. 21, 1995)

-- Up 23.33% at today's intraday high; largest intraday percent increase since March 12, 2008, when it rose as much as 27.87%

All data as of 11:27:24 AM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires