Brown-Forman Corp (NYSE: BF.B) has reported earnings for its first fiscal quarter (ending July 31) of $0.41 versus $0.48 for the same period a year ago. For the latest four quarters through July 31, E.P.S. were $2.07 compared to $1.59 a year ago.
Recent Price Action
Brown-Forman Corp (NYSE: BF.B) stock closed at $45.44 on 8/29/24 after an increase of 1.3%. Moreover, unusually high trading volume at 154% of normal accompanied the advance. The stock has risen 0.6% during the last week but has been extremely weak relative to the market over the last nine months.
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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Brown-Forman has a poor Appreciation Score of 18 and a very low Power Rating of 3, leading to the Lowest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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