Brown-Forman Co. (NYSE:BF.B) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $54.32 and traded as high as $64.20. Brown-Forman shares last traded at $64.10, with a volume of 49,086 shares.

Several brokerages have weighed in on BF.B. ValuEngine upgraded Brown-Forman from a “hold” rating to a “buy” rating in a report on Thursday, June 6th. Barclays set a $66.00 price target on Brown-Forman and gave the stock a “hold” rating in a report on Friday, August 30th. Pivotal Research reiterated a “buy” rating and issued a $65.00 price objective on shares of Brown-Forman in a report on Thursday, August 29th. Royal Bank of Canada set a $57.00 price objective on Brown-Forman and gave the company a “hold” rating in a report on Monday, August 26th. Finally, Zacks Investment Research downgraded Brown-Forman from a “hold” rating to a “sell” rating in a report on Friday, May 24th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $56.33.

The firm has a market cap of $30.53 billion, a PE ratio of 37.10, a P/E/G ratio of 4.85 and a beta of 0.65. 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 business has a fifty day moving average price of $57.67 and a 200 day moving average price of $54.32.

Brown-Forman (NYSE:BF.B) last released its quarterly earnings data on Wednesday, August 28th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. Brown-Forman had a return on equity of 52.13% and a net margin of 24.70%. The business had revenue of $766.00 million for the quarter, compared to the consensus estimate of $773.14 million. During the same quarter in the prior year, the business posted $0.41 EPS. The business’s revenue for the quarter was up .0% on a year-over-year basis. On average, research analysts expect that Brown-Forman Co. will post 1.79 earnings per share for the current fiscal year.

The firm 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 of this dividend is Thursday, September 5th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.03%. Brown-Forman’s payout ratio is currently 38.15%.

Brown-Forman Company Profile (NYSE:BF.B)

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: Guidelines for Successful Channel Trading

Receive News & Ratings for Brown-Forman Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brown-Forman and related companies with's FREE daily email newsletter.