Craft Brew Alliance Inc’s (NASDAQ:BREW) Sentiment is 2.26

Sentiment for Craft Brew Alliance Inc (NASDAQ:BREW)

Craft Brew Alliance Inc (NASDAQ:BREW) institutional sentiment increased to 2.26 in 2018 Q2. Its up 1.32, from 0.94 in 2018Q1. The ratio improved, as 43 investment managers opened new and increased equity positions, while 19 cut down and sold their positions in Craft Brew Alliance Inc. The investment managers in our partner’s database now hold: 6.70 million shares, up from 6.55 million shares in 2018Q1. Also, the number of investment managers holding Craft Brew Alliance Inc in their top 10 equity positions decreased from 1 to 0 for a decrease of 1. Sold All: 2 Reduced: 17 Increased: 28 New Position: 15.

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 $306.23 million. It operates in two divisions, Beer Related Operations and Brewpubs Operations. It has a 24.76 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.

The stock decreased 1.37% or $0.22 during the last trading session, reaching $15.8. About 82,968 shares traded. Craft Brew Alliance, Inc. (NASDAQ:BREW) has risen 5.52% since December 8, 2017 and is uptrending. It has underperformed by 10.10% the S&P500.

Analysts await Craft Brew Alliance, Inc. (NASDAQ:BREW) to report earnings on March, 6. They expect $0.02 earnings per share, down 60.00 % or $0.03 from last year’s $0.05 per share. BREW’s profit will be $387,635 for 197.50 P/E if the $0.02 EPS becomes a reality.

Cannell Capital Llc holds 3.35% of its portfolio in Craft Brew Alliance, Inc. for 602,148 shares. Marcato Capital Management Lp owns 407,009 shares or 1.26% of their US portfolio. Moreover, Perkins Capital Management Inc has 0.96% invested in the company for 64,600 shares. The Connecticut-based Manatuck Hill Partners Llc has invested 0.6% in the stock. Quantum Capital Management, a California-based fund reported 59,286 shares.

More notable recent Craft Brew Alliance, Inc. (NASDAQ:BREW) news were published by: Nasdaq.com which released: “SAM Vs. TAP: Which Stock is Better Placed as Beer Loses Fizz? – Nasdaq” on September 24, 2018, also Bloomberg.com with their article: “Why Valuations Don’t Matter Much in Emerging Markets – Bloomberg” published on November 27, 2018, Nasdaq.com published: “Why Facebook, Inc. Stock Slipped Today – Nasdaq” on November 19, 2018. More interesting news about Craft Brew Alliance, Inc. (NASDAQ:BREW) were released by: Businesswire.com and their article: “Craft Brew Alliance Reports 7% Depletions Growth for Kona and Continued Robust Gross Margin Expansion in Second Quarter 2018 – Business Wire” published on August 08, 2018 as well as Investorplace.com‘s news article titled: “7 Recession-Proof Stocks to Buy for When the Boom Ends – Investorplace.com” with publication date: December 05, 2018.

Craft Brew Alliance, Inc. (NASDAQ:BREW) Institutional Positions Chart

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