Boston Beer Co Inc The
SAM:NYSE
| Last | Change / % Change | Dividend Yield | Volume |
| 91.17 | 1.75 1.96% | 0.00% | 18,942 |
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Latest News Headlines for Boston Beer Co Inc The
Boston Beer Company (SAM) Trading Near $98.62 Resistance Level
View more recent headlinesBoston Beer Company (NYSE:SAM) closed Friday's directionless trading session at $95.74. In the past year, the stock has hit a 52-week low of $46.79 and 52-week high of $100.93. Boston Beer Company stock has been showing support around $94.00 and resistance in the $98.62 range. Technical indicators for the stock are Bullish and S&P; gives SAM a positive 4 STARS (out of 5) buy rating. For a hedged play on this stock, look at the Jun '11 $95.00 covered call for a net debit in the $89.14 area. That is also the break-even stock price for this trade. This covered call has a duration of 116 days, provides 6.89% downside protection and an assigned return rate of 6.57% for an annualized return rate of 20.69% (for comparison purposes only). Boston Beer Company does not pay dividends at this time.
Company Background
The Boston Beer Company, Inc. (Boston Beer) is a craft brewer and an independently owned brewer overall in the United States. The Company produces malt beverages and hard cider products at company-owned breweries and under contract arrangements at other brewery locations. The company-owned breweries are located in Boston, Massachusetts (the Boston Brewery), Cincinnati, Ohio (the Cincinnati Brewery) and Breinigsville, Pennsylvania (the Pennsylvania Brewery). During the fiscal year ended December 26, 2009 (fiscal 2009), Boston Beer sold approximately two million barrels of its products (core brands) and brewed or packaged approximately 200,000 barrels under contract (non-core products) for third parties. During fiscal 2009, the Company sold over 20 beers under the Samuel Adams or the Sam Adams brand names, eight flavored malt beverage products under the Twisted Tea brand name, and one hard cider product under the HardCore brand name.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 89.14 | Previous Close 89.42 |
Day High 91.59 | Day Low 88.94 |
52wk High/Date 100.93 / 12/22/2010 | 52wk Low/Date 30.00 / 5/6/2010 |
Beta 0.79 | Market Capitalization 1B |
Shares Outstanding 13M | Volatility Avg 30.31 |
Avg Vol(10 day) 63K | P/E Ratio 28.8x |
EPS (TTM) 3.17 | Annualized Rate -- / -- |
Yield 0.00% | Dividend Announcement -- |
Ex-Date -- | Date of Record -- |
Payable 0.00 - -- | Payable Date -- |
Last Trade as of 2/24/2011 11:35 AM ET | |
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SAM Boston Beer Co Inc The vs. Peers
| Peers | |
SAM Boston Beer Co Inc The | -5.96% |
SAM Boston Beer Co Inc The | 0.00% |
SAM Boston Beer Co Inc The | 1.96% |