Alert: New Earnings Report (6/5/24)-Brown-Forman Corp (NYSE: BF.B).

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Brown-Forman Corp (NYSE: BF.B) has reported E.P.S. of $0.56 for its fourth fiscal quarter (ending April 30) versus $0.43 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $2.15 versus $1.63 for the same period a year ago.

Recent Price Action

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Brown-Forman Corp (NYSE: BF.B) stock suffered a large decline of -5.9% on 6/5/24. The stock closed at $43.04. Moreover, trading volume in this decline was exceptionally high at 279% of normal. The stock has been weak relative to the market over the last nine months and has declined -4.1% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, BF.B is expected to continue to be a major Value Builder.

Brown-Forman has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Brown-Forman has a poor Appreciation Score of 19 and a very low Power Rating of 5, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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