Trader Alert: Unusual Volume Spotted in Brown-Forman Corporation (:BF-A)

Jack Daniels bottles

Brown-Forman Corporation (:BF-A)'s market cap, the total dollar value of all of their outstanding shares, is 10530.81m.

But shares of Brown-Forman have climbed since late August, when the company raised its full-year EPS forecast and delivered estimate-topping first-quarter earnings, marking what Zacks analysts called a rebound from a "dismal" prior quarter.

A number of analysts recently issued reports on BF.B shares.

Results: EPS of 62 cents on revenue of $914 million. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.30 and a quick ratio of 1.07. One research analyst has rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the stock. Brown Forman had a net margin of 17.84% and a return on equity of 53.63%. Brown Forman has a fifty-two week low of $43.72 and a fifty-two week high of $62.20.

Institutional investors now hold around $6.01 billion or 46% in BF-B stock.

Looking ahead for fiscal year 2018, the company now expects earnings per share to be in the range of $1.90 to $1.98, underlying operating income growth of 8% to 9%, and underlying net sales growth of 6% to 7%. Finally, Berenberg Bank reissued a "hold" rating and set a $46.00 price target on shares of Brown Forman in a research report on Monday, September 18th.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd.

Brown-Forman said that it will be "difficult to accurately predict future results" due to the volatility of emerging markets and the "competitive landscape of the developed world". This represents a $0.79 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date is Wednesday, December 6th. If you are accessing this report on another publication, it was illegally copied and republished in violation of USA & worldwide copyright law. The original version of this piece can be accessed at

Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages worldwide.

Jack Daniel's Tennessee Whiskey (+6%), Tennessee Honey (+8%), Tennessee Fire (+14%), and the brand's RTD offerings (+15%) were all up strongly in the first half of the year.



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