-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點摘要如下:基於2027年21.9倍的本益比,我們將SAM的12個月目標價下調5美元至230美元。該市盈率較SAM歷史平均預期市盈率大幅折讓,原因是成長預期疲軟。我們將2026年調整後每股盈餘預期從9.30美元下調至8.80美元,2027年調整後每股盈餘預期從10.75美元下調至10.50美元。在SAM發布第一季財報後,我們下調了預期和目標價,並維持對該股的「持有」評級。 SAM第一季獲利低於市場預期,該公司下調了2026年銷售預期,但維持了2026年調整後每股盈餘預期不變。我們認為,SAM可能難以達到獲利預期,鑑於需求疲軟,該公司在銷售方面將繼續面臨挑戰。一線希望在於世界盃和美國250英哩耐力賽預計將帶動消費成長。我們也看好SAM的資產負債表(第一季末淨現金1.29億美元)和強勁的毛利率(第一季為49.3%),但我們認為,在目前的價位上,飲料業存在更具吸引力的投資機會。
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