Brown-Forman (BF.B) Scheduled to Post Earnings on Thursday

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Brown-Forman (NYSE:BF.B) is scheduled to release its earnings data before the market opens on Thursday, December 5th. Analysts expect Brown-Forman to post earnings of $0.53 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Brown-Forman stock opened at $66.70 on Wednesday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 1.42 and a current ratio of 3.27. The stock has a market cap of $32.37 billion, a PE ratio of 38.55, a price-to-earnings-growth ratio of 5.04 and a beta of 0.65. The stock has a 50-day moving average of $65.39 and a two-hundred day moving average of $59.37. Brown-Forman has a one year low of $44.57 and a one year high of $68.99.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Thursday, December 5th will be paid a dividend of $0.174 per share. This is a positive change from Brown-Forman’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Wednesday, December 4th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.04%. Brown-Forman’s payout ratio is presently 38.15%.

Several equities analysts have recently issued reports on the stock. Redburn Partners downgraded shares of Brown-Forman from a “buy” rating to a “neutral” rating in a report on Friday, October 11th. MKM Partners began coverage on shares of Brown-Forman in a research note on Thursday, September 19th. They issued a “neutral” rating and a $59.00 target price for the company. Royal Bank of Canada set a $57.00 target price on shares of Brown-Forman and gave the stock a “hold” rating in a research report on Monday, August 26th. Evercore ISI lowered shares of Brown-Forman from an “in-line” rating to an “underperform” rating and set a $60.00 price target on the stock. in a research note on Thursday, September 19th. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $65.00 price target on shares of Brown-Forman in a report on Thursday, August 29th. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $57.13.

Brown-Forman Company Profile

Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages worldwide. It provides spirits, wines, ready-to-drink cocktails, whiskeys, vodkas, tequilas, champagnes, brandy, and liqueurs. The company offers its products primarily under the Jack Daniel's, Gentleman Jack, Woodford Reserve, Korbel, Finlandia, el Jimador, Herradura, Sonoma-Cutrer, Canadian Mist, GlenDronach, BenRiach, Glenglassaugh, Chambord, Old Forester, Early Times, Pepe Lopez, Antiguo, Slane Irish, and Coopers' Craft brands.

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Earnings History for Brown-Forman (NYSE:BF.B)

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