Shares of Brown-Forman Co. (NYSE:BF.A) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $53.40 and traded as high as $61.71. Brown-Forman shares last traded at $61.71, with a volume of 92 shares traded.
Separately, Berenberg Bank set a $50.00 price target on Brown-Forman and gave the stock a “hold” rating in a research report on Monday, September 2nd.
The company has a current ratio of 3.27, a quick ratio of 1.42 and a debt-to-equity ratio of 1.36. The stock has a 50-day simple moving average of $56.46 and a 200-day simple moving average of $53.40. The company has a market cap of $30.35 billion, a price-to-earnings ratio of 35.75 and a beta of 0.71.
Brown-Forman (NYSE:BF.A) last announced its quarterly earnings results on Wednesday, August 28th. The company reported $0.39 earnings per share (EPS) for the quarter. Brown-Forman had a return on equity of 52.13% and a net margin of 24.70%. The company had revenue of $766.00 million during the quarter. As a group, research analysts expect that Brown-Forman Co. will post 1.8 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 6th will be issued a $0.166 dividend. The ex-dividend date is Thursday, September 5th. This represents a $0.66 annualized dividend and a dividend yield of 1.07%. Brown-Forman’s dividend payout ratio (DPR) is 38.15%.
About Brown-Forman (NYSE:BF.A)
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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