Brown Forman (NYSE:BF.A) Hits New 12-Month High – What’s Next?

Shares of Brown Forman Corporation (NYSE:BF.A) hit a new 52-week high during trading on Wednesday. The stock traded as high as $31.20 and last traded at $30.9980, with a volume of 8,472 shares trading hands. The stock had previously closed at $29.80.

Brown Forman Stock Performance

The company has a market cap of $14.47 billion, a P/E ratio of 20.35 and a beta of 0.28. The company has a quick ratio of 1.14, a current ratio of 3.26 and a debt-to-equity ratio of 0.52. The stock’s 50-day moving average price is $27.86 and its 200 day moving average price is $27.62.

Brown Forman (NYSE:BF.A) last issued its quarterly earnings data on Wednesday, September 2nd. The company reported $0.38 earnings per share for the quarter. Brown Forman had a net margin of 18.42% and a return on equity of 17.80%. The business had revenue of $911.00 million during the quarter.

Brown Forman Company Profile

Brown-Forman Corporation is a global producer and marketer of alcoholic beverages. Founded in 1870 by George Garvin Brown, the company has grown from a bourbon producer into a diversified spirits business with a portfolio spanning whiskey, tequila, vodka, rum, gin and ready-to-drink beverages.

Its best-known brands include Jack Daniel’s Tennessee Whiskey, Woodford Reserve, Old Forester, Herradura, el Jimador, Coopers’ Craft and New Mix. Brown-Forman also markets additional premium spirits and cocktail products under a range of established brand names.