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NYSE:BF.B

Brown-Forman (BF.B) Stock Price, News & Analysis

Today's Range
$44.85
$45.55
50-Day Range
$41.50
$45.86
52-Week Range
$41.42
$69.44
Volume
1.27 million shs
Average Volume
1.92 million shs
Market Capitalization
$21.34 billion
P/E Ratio
21.10
Dividend Yield
1.93%
Price Target
$65.57

Brown-Forman MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
45.2% Upside
$65.57 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.89
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
5.41%
From $1.85 to $1.95 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.39 out of 5 stars

Consumer Staples Sector

110th out of 132 stocks

Beverages Industry

8th out of 9 stocks

BF.B stock logo

About Brown-Forman Stock (NYSE:BF.B)

Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Old Forester, Coopers' Craft, Herradura, el Jimador, New Mix, Korbel, Sonoma-Cutrer, Finlandia, GlenDronach, Benriach, Glenglassaugh, Chambord, Slane, and Fords Gin brands. It is also involved in the sale of used barrels, bulk whiskey, and wine; and provision of contract bottling services. The company serves retail customers and consumers through distributors or state governments; and retailers, wholesalers, and provincial governments directly. It has operations in the United States, Germany, Australia, the United Kingdom, Mexico, and internationally. The company was founded in 1870 and is headquartered in Louisville, Kentucky.

BF.B Stock Price History

BF.B Stock News Headlines

Brown-Forman Corp (BF5B.DU)
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See More Headlines
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Company Calendar

Last Earnings
6/05/2024
Ex-Dividend for 7/1 Dividend
6/07/2024
Dividend Payable
7/01/2024
Today
8/22/2024
Next Earnings (Confirmed)
8/29/2024
Ex-Dividend for 10/1 Dividend
9/03/2024
Dividend Payable
10/01/2024
Fiscal Year End
4/30/2025

Industry, Sector and Symbol

Industry
Beverages
Sub-Industry
Distillers & Vintners
CUSIP
11563720
Employees
5,700
Year Founded
1870

Price Target and Rating

Average Stock Price Target
$65.57
High Stock Price Target
$76.40
Low Stock Price Target
$52.00
Potential Upside/Downside
+45.2%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$1.02 billion
Pretax Margin
31.07%

Debt

Sales & Book Value

Annual Sales
$4.18 billion
Cash Flow
$2.37 per share
Book Value
$7.44 per share

Miscellaneous

Free Float
460,087,000
Market Cap
$21.34 billion
Optionable
Not Optionable
Beta
0.73

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Key Executives

  • Mr. Campbell P. Brown (Age 55)
    Exec. Chairman
    Comp: $293.43k
  • Mr. Lawson E. Whiting (Age 55)
    CEO, Pres & Director
    Comp: $4.18M
  • Ms. Leanne D. Cunningham (Age 53)
    Sr. VP & CFO
    Comp: $1.21M
  • Mr. Matthew E. Hamel (Age 63)
    Exec. VP & Gen. Counsel
  • Ms. Kirsten M. Hawley (Age 53)
    Sr. VP and Chief People, Places & Communications Officer
    Comp: $1.07M
  • Mr. Marshall B. Farrer (Age 52)
    Sr. VP, Pres of Europe & Director
  • Mr. Thomas W. Hinrichs (Age 61)
    Sr. VP & Pres of Emerging International
    Comp: $1.48M
  • Ms. Kelli Nelson Brown (Age 53)
    Sr. VP & Chief Accounting Officer
  • Mr. Timothy M. Nall (Age 52)
    Sr. VP and Chief Global Supply Chain & Technology Officer
  • Mr. Dan Muraski
    Chief Information Officer

Should I Buy Brown-Forman Stock? BF.B Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Brown-Forman Co.:

  • Brown-Forman Co. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company's diverse portfolio of well-known brands like Jack Daniel's and Woodford Reserve provides stability and brand recognition in the competitive alcoholic beverages market.
  • Recent market analysis suggests a positive outlook for the alcoholic beverages industry, which could benefit Brown-Forman Co.'s stock price.
  • Strong international presence in key markets like the United States, Germany, and Mexico offers geographic diversification and growth opportunities.
  • The company's involvement in contract bottling services and sale of bulk whiskey provides additional revenue streams and business flexibility.

Cons

Investors should be bearish about investing in Brown-Forman Co. for these reasons:

  • Fluctuations in raw material prices, such as grains and glass, could impact the company's production costs and profit margins.
  • Regulatory changes related to alcohol sales and distribution in various countries may pose challenges and affect the company's operations.
  • Increased competition from new entrants in the alcoholic beverages market could pressure Brown-Forman Co.'s market share and pricing strategies.
  • Global economic uncertainties and currency fluctuations may impact the company's international sales and profitability.
  • The overall market volatility and investor sentiment towards the consumer goods sector could influence the stock price of Brown-Forman Co.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 5, 2024. Please send any questions or comments about these Brown-Forman pros and cons to contact@marketbeat.com.

BF.B Stock Analysis - Frequently Asked Questions

How have BF.B shares performed this year?

Brown-Forman's stock was trading at $57.10 at the start of the year. Since then, BF.B stock has decreased by 20.9% and is now trading at $45.15.
View the best growth stocks for 2024 here
.

How were Brown-Forman's earnings last quarter?

Brown-Forman Co. (NYSE:BF.B) posted its quarterly earnings results on Wednesday, June, 5th. The company reported $0.56 EPS for the quarter, topping analysts' consensus estimates of $0.42 by $0.14. The firm's quarterly revenue was down 7.8% compared to the same quarter last year.
Read the conference call transcript
.

When did Brown-Forman's stock split?

Brown-Forman shares split on the morning of Wednesday, February 28th 2018. The 5-4 split was announced on Tuesday, January 23rd 2018. The newly created shares were distributed to shareholders after the closing bell on Tuesday, February 27th 2018. An investor that had 100 shares of stock prior to the split would have 125 shares after the split.

Does Brown-Forman have any subsidiaries?

Brown-Forman subsidiaries include these companies: The BenRiach Distillery, Tequila Herradura, Chambord Liqueur Royale de France SAS, Finlandia Vodka Worldwide, Amercain Investments C.V., AMG Trading L.L.C., Brown-Forman Australia Pty. Ltd., and more.

How do I buy shares of Brown-Forman?

Shares of BF.B stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Brown-Forman own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Brown-Forman investors own include AbbVie (ABBV), Johnson & Johnson (JNJ), PepsiCo (PEP), Abbott Laboratories (ABT), Procter & Gamble (PG), RTX (RTX) and Target (TGT).

This page (NYSE:BF.B) was last updated on 8/22/2024 by MarketBeat.com Staff

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