Shares of Brown-Forman Co. (NYSE:BF.B) have been given a consensus rating of “Hold” by the ten ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $54.20.

BF.B has been the subject of a number of research reports. Goldman Sachs Group lowered Brown-Forman from a “neutral” rating to a “sell” rating in a research report on Tuesday, January 8th. ValuEngine lowered Brown-Forman from a “buy” rating to a “hold” rating in a research report on Tuesday, January 15th. Finally, Zacks Investment Research upgraded Brown-Forman from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a research report on Friday, March 8th.

Shares of NYSE:BF.B opened at $52.85 on Monday. Brown-Forman has a twelve month low of $44.57 and a twelve month high of $59.58. The firm has a market capitalization of $25.21 billion, a PE ratio of 35.71, a price-to-earnings-growth ratio of 3.46 and a beta of 0.66. The company has a debt-to-equity ratio of 1.54, a current ratio of 3.08 and a quick ratio of 1.43.

Brown-Forman (NYSE:BF.B) last announced its quarterly earnings data on Wednesday, March 6th. The company reported $0.47 EPS for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.03. The firm had revenue of $904.00 million during the quarter, compared to analyst estimates of $910.71 million. Brown-Forman had a return on equity of 55.41% and a net margin of 23.73%. The company’s revenue was up 3.0% on a year-over-year basis. During the same period last year, the company earned $0.44 earnings per share. Equities analysts anticipate that Brown-Forman will post 1.7 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 1st. Investors of record on Monday, March 4th were given a $0.166 dividend. The ex-dividend date was Friday, March 1st. This represents a $0.66 dividend on an annualized basis and a yield of 1.26%. Brown-Forman’s payout ratio is 44.59%.

About Brown-Forman

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.

Further Reading: Growth Stocks

Analyst Recommendations for Brown-Forman (NYSE:BF.B)

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