Shares of Brown-Forman Co. Class B (NYSE:BF.B) have been given an average rating of “Hold” by the sixteen analysts that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $50.00.

Several research firms have weighed in on BF.B. Cowen upgraded Brown-Forman Co. Class B from a “market perform” rating to an “outperform” rating in a research note on Tuesday, July 17th. Zacks Investment Research cut Brown-Forman Co. Class B from a “buy” rating to a “hold” rating in a report on Friday, May 25th. Morgan Stanley raised Brown-Forman Co. Class B from an “underweight” rating to an “equal weight” rating in a report on Thursday, June 28th. ValuEngine cut Brown-Forman Co. Class B from a “buy” rating to a “hold” rating in a report on Thursday, June 21st. Finally, Jefferies Financial Group assumed coverage on Brown-Forman Co. Class B in a report on Friday, September 7th. They issued a “hold” rating for the company.

Brown-Forman Co. Class B stock traded down $0.39 during trading hours on Friday, hitting $49.88. 131,261 shares of the stock traded hands, compared to its average volume of 1,139,742. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.35 and a current ratio of 3.02. The company has a market cap of $24.38 billion, a PE ratio of 33.98, a PEG ratio of 3.36 and a beta of 0.81. Brown-Forman Co. Class B has a 1 year low of $42.58 and a 1 year high of $59.58.

Brown-Forman Co. Class B (NYSE:BF.B) last posted its quarterly earnings results on Wednesday, August 29th. The company reported $0.41 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.39 by $0.02. The business had revenue of $766.00 million for the quarter, compared to the consensus estimate of $761.97 million. Brown-Forman Co. Class B had a return on equity of 55.19% and a net margin of 19.34%. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.46 EPS. analysts predict that Brown-Forman Co. Class B will post 1.68 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 1st. Stockholders of record on Thursday, September 6th will be given a $0.158 dividend. The ex-dividend date of this dividend is Wednesday, September 5th. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.27%. Brown-Forman Co. Class B’s dividend payout ratio (DPR) is presently 42.57%.

Brown-Forman Co. Class B Company Profile

Brown-Forman Corporation is a spirit and wine company. The Company manufactures, bottles, imports, exports, markets and sells a range of alcoholic beverages. The Company has a portfolio of approximately 40 spirit, wine and ready-to-drink cocktail (RTD) brands. Its principal brands include Jack Daniel’s Tennessee Whiskey, Jack Daniel’s RTDs, Jack Daniel’s Tennessee Honey, Gentleman Jack Rare Tennessee Whiskey, Jack Daniel’s Tennessee Fire, Jack Daniel’s Single Barrel Collection, Jack Daniel’s Sinatra Select, Jack Daniel’s Winter Jack, Jack Daniel’s No.

Further Reading: Leveraged Buyout (LBO)

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

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