$0.03 EPS Expected for Craft Brew Alliance, Inc. (BREW)

February 15, 2018 - By Stephen Andrade

 $0.03 EPS Expected for Craft Brew Alliance, Inc. (BREW)
Investors sentiment decreased to 1 in Q3 2017. Its down 0.06, from 1.06 in 2017Q2. It is negative, as 10 investors sold Craft Brew Alliance, Inc. shares while 20 reduced holdings. 8 funds opened positions while 22 raised stakes. 6.32 million shares or 7.30% more from 5.89 million shares in 2017Q2 were reported.
Moreover, Morgan Stanley has 0% invested in Craft Brew Alliance, Inc. (NASDAQ:BREW) for 42,689 shares. The California-based California Employees Retirement Systems has invested 0% in Craft Brew Alliance, Inc. (NASDAQ:BREW). Savings Bank Of New York Mellon stated it has 42,392 shares. Perkins Management Inc has 12,550 shares for 0.23% of their portfolio. California-based Marcato Capital Mngmt Ltd Partnership has invested 0.81% in Craft Brew Alliance, Inc. (NASDAQ:BREW). 33,800 were reported by Wellington Shields Cap Mngmt Ltd Liability Corporation. Peak6 Investments Lp holds 11,620 shares. Wells Fargo & Mn holds 0% or 54,435 shares. Ameritas Prtn Incorporated owns 0% invested in Craft Brew Alliance, Inc. (NASDAQ:BREW) for 855 shares. Moreover, Citigroup has 0% invested in Craft Brew Alliance, Inc. (NASDAQ:BREW) for 1,000 shares. Legal & General Gp Public Limited Company owns 0% invested in Craft Brew Alliance, Inc. (NASDAQ:BREW) for 1,915 shares. Geode Capital Management Limited Liability stated it has 0% of its portfolio in Craft Brew Alliance, Inc. (NASDAQ:BREW). Blackrock holds 0% or 568,995 shares in its portfolio. Vanguard Gru Incorporated holds 0% of its portfolio in Craft Brew Alliance, Inc. (NASDAQ:BREW) for 408,483 shares. Tiaa Cref Investment Management Ltd Liability Co holds 0% or 33,463 shares in its portfolio.

Since January 11, 2018, it had 1 insider purchase, and 0 insider sales for $1,333 activity.

Analysts expect Craft Brew Alliance, Inc. (NASDAQ:BREW) to report $0.03 EPS on March, 15.They anticipate $0.01 EPS change or 50.00 % from last quarter’s $0.02 EPS. BREW’s profit would be $578,895 giving it 155.42 P/E if the $0.03 EPS is correct. After having $0.09 EPS previously, Craft Brew Alliance, Inc.’s analysts see -66.67 % EPS growth. The stock increased 1.36% or $0.25 during the last trading session, reaching $18.65. About 33,611 shares traded. Craft Brew Alliance, Inc. (NASDAQ:BREW) has risen 110.98% since February 15, 2017 and is uptrending. It has outperformed by 94.28% the S&P500.

Craft Brew Alliance, Inc. (NASDAQ:BREW) Ratings Coverage

Among 8 analysts covering Craft Brew Alliance (NASDAQ:BREW), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Craft Brew Alliance had 17 analyst reports since August 6, 2015 according to SRatingsIntel. Citigroup maintained it with “Neutral” rating and $22 target in Tuesday, February 6 report. Citigroup maintained the stock with “Neutral” rating in Friday, August 7 report. Cowen & Co maintained the shares of BREW in report on Thursday, November 9 with “Buy” rating. As per Monday, October 2, the company rating was initiated by Susquehanna. The firm earned “Buy” rating on Thursday, August 6 by TH Capital. The stock of Craft Brew Alliance, Inc. (NASDAQ:BREW) has “Buy” rating given on Thursday, August 3 by Cowen & Co. The firm has “Buy” rating given on Thursday, July 13 by Cowen & Co. Citigroup maintained the shares of BREW in report on Wednesday, June 15 with “Neutral” rating. The stock of Craft Brew Alliance, Inc. (NASDAQ:BREW) has “Buy” rating given on Tuesday, September 12 by Cowen & Co. The firm has “Neutral” rating given on Friday, August 5 by Citigroup.

Craft Brew Alliance, Inc. brews and sells craft beers and ciders under the Kona, Widmer Brothers, Redhook, Omission, and Square Mile brand names in the United States. The company has market cap of $359.88 million. It operates in two divisions, Beer Related Operations and Brewpubs Operations. It has a 207.22 P/E ratio. The firm sells its beers directly to clients in draft, cans, and bottles at restaurants, bars, and liquor stores; and in cans and bottles at supermarkets, warehouse clubs, convenience stores, and drug stores, as well as directly to clients at its brewpubs and breweries.

More notable recent Craft Brew Alliance, Inc. (NASDAQ:BREW) news were published by: Businesswire.com which released: “Craft Brew Alliance to Hold Third Quarter 2017 Earnings Call November 9, 2017” on October 24, 2017, also Businesswire.com with their article: “Craft Brew Alliance Enters Agreement to Sell Woodinville Property for $24.5 …” published on December 04, 2017, Seekingalpha.com published: “Craft Brew Alliance: Staying Long (And Watching Closely)” on September 05, 2017. More interesting news about Craft Brew Alliance, Inc. (NASDAQ:BREW) were released by: Seekingalpha.com and their article: “Looking Ahead Of Craft Brew Alliance’s 2nd Quarter Earnings” published on August 02, 2017 as well as Seekingalpha.com‘s news article titled: “Craft Brew Alliance posts preliminary results, 2018 guidance” with publication date: February 01, 2018.

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