Jennison Associates LLC Purchases New Holdings in Boston Beer Company, Inc

Lloyd Doyle
December 7, 2017

Currently, the stock carries a price to earnings ratio of 31.58, a price to book ratio of 2.93, and a price to sales ratio of 5.75. Cameco had 13 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with "Sell" on Monday, June 12. As per Friday, October 20, the company rating was maintained by RBC Capital Markets. They set an "underperform" rating and a $140.00 price target for the company. More interesting news about The Boston Beer Company, Inc. Therefore 7% are positive. Boston Beer Company now has a consensus rating of "Hold" and a consensus target price of $152.38. The company now has an average rating of "Hold" and a consensus target price of $151.27. The firm has "Hold" rating by Jefferies given on Friday, January 8. The rating was downgraded by CLSA to "Outperform" on Friday, October 30. The rating was maintained by Jefferies on Friday, April 15 with "Hold". Roundview Capital Ltd Company holds 8,117 shares or 0.09% of its portfolio. The company has market cap of $27.88 billion.

The stock increased 0.83% or $1.53 during the last trading session, reaching $185.93. About 3.51 million shares traded or 47.28% up from the average. It is down 0.00% since December 7, 2016 and is.

Cameco Corporation produces and sells uranium worldwide. It operates through three divisions: Uranium, Fuel Services, and NUKEM. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 13.849144, and a current Price to Earnings ratio of 23.098726. The Uranium segment is involved in the exploration for, mining, and milling, as well as purchase and sale of uranium concentrates. (NYSE:SAM) presently has a 10 month price index of 1.17014. SAM's profit will be $9.31 million for 58.10 P/E if the $0.80 EPS becomes a reality. During the same period last year, the firm posted $2.48 EPS. sell-side analysts expect that Boston Beer Company, Inc. will post 6.08 EPS for the current fiscal year.

If the ratio is less than 1, then we can determine that there has been a decrease in price. The company reported $2.78 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.99 by $0.79. Northwestern Mutual Investment Management Company LLC increased its holdings in shares of Boston Beer by 0.5% in the 2nd quarter.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Smithfield accumulated 99 shares.


Boston Beer (NYSE:SAM) last posted its earnings results on Thursday, October 26th.

The Boston Beer Company, Inc. The institutional investor acquired 4,309 shares of the company's stock, valued at approximately $673,000. Arizona State Retirement Sys invested 0.01% in The Boston Beer Company, Inc.

The stock of The Boston Beer Company, Inc. (NYSE:SAM) for 149,976 shares. Horizon Kinetics Ltd Liability Co stated it has 0.01% of its portfolio in The Boston Beer Company, Inc. Jefferies Group reissued a "hold" rating on shares of Boston Beer in a research report on Thursday, September 7th. 39,820 were accumulated by Principal Grp Incorporated. Boston Beer earned a news impact score of 0.09 on Accern's scale.

Bluestein R H & Company decreased Comcast Corp Cl A (CMCSA) stake by 3.73% reported in 2017Q2 SEC filing. ARZGF's SI was 7.70 million shares in December as released by FINRA. State Board Of Administration Of Florida Retirement System invested in 0% or 3,747 shares. Global Alpha Capital Management Ltd. boosted its position in shares of Boston Beer Company by 43.6% in the third quarter.

In related news, insider Jonathan N. Potter sold 771 shares of the business's stock in a transaction that occurred on Thursday, November 2nd. About 83,966 shares traded. The Company's flagship beer is Samuel Adams Boston Lager. Finally, Stifel Nicolaus assumed coverage on shares of Boston Beer in a report on Tuesday. It has underperformed by 19.81% the S&P500.The move comes after 6 months positive chart setup for the $2.20 billion company. The Company is engaged in the business of producing and selling alcohol beverages primarily in the domestic market and in selected global markets. During the same period in the previous year, the company earned $2.48 EPS. (NYSE:SAM) is 19.00000. The more stable the company, the lower the score. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued. The firm sells approximately 60 beers under the Samuel Adams and the Sam Adams brands; 20 hard cider beverages under the Angry Orchard brand; 13 flavored malt beverages under the Twisted Tea brand; and 4 hard seltzer beverages under the Truly Spiked & Sparkling brand name, as well as approximately 40 beers under A&S Brewing trade name.

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