Brown-Forman Class BBF.B
BF.B
About: Brown-Forman is a us-based manufacturer of premium distilled spirits that generates close to 70% of revenues in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generates 45% of sales from its home market, while the bulk of international revenues come from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and a 67% voting power of the company.
Employees: 5,700
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
125% more call options, than puts
Call options by funds: $24.2M | Put options by funds: $10.8M
34% more repeat investments, than reductions
Existing positions increased: 240 | Existing positions reduced: 179
33% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]
33% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 66
19% more capital invested
Capital invested by funds: $7.62B [Q2] → $9.07B (+$1.46B) [Q3]
4% more funds holding
Funds holding: 579 [Q2] → 601 (+22) [Q3]
2.9% more ownership
Funds ownership: 58.12% [Q2] → 61.02% (+2.9%) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$43
4%
upside
Avg. target
$47
13%
upside
High target
$51
24%
upside
7 analyst ratings
2 positive
29%
4 neutral
57%
1 negative
14%
JP Morgan Andrea Teixeira 45% 1-year accuracy 24 / 53 met price target | 4%upside $43 | Underweight Downgraded | 17 Dec 2024 |
Truist Securities Bill Chappell 40% 1-year accuracy 12 / 30 met price target | 9%upside $45 | Hold Downgraded | 16 Dec 2024 |
Barclays Lauren Lieberman 46% 1-year accuracy 41 / 90 met price target | 24%upside $51 | Overweight Maintained | 9 Dec 2024 |
RBC Capital Nik Modi 31% 1-year accuracy 11 / 36 met price target | 19%upside $49 | Sector Perform Reiterated | 6 Dec 2024 |
Exane BNP Paribas Kevin Grundy 14% 1-year accuracy 1 / 7 met price target | 16%upside $48 | Outperform Initiated | 25 Nov 2024 |
Financial journalist opinion
Based on 16 articles about BF.B published over the past 30 days
Negative
Seeking Alpha
1 day ago
Brown-Forman Corporation: Unlikely To Meet Organic Sales Growth Guidance
I maintain a hold rating on Brown-Forman Corporation due to persistent growth challenges and unlikely achievement of FY25 organic sales growth guidance. 2Q25 results show a 1% net sales decline, with organic growth at 3% y/y; EBIT margin improved slightly to 31.1%. Poor demand, increased promotional intensity, and competitive pressures suggest BF.B will struggle to meet FY25 guidance, impacting margins and stock price.
Neutral
Zacks Investment Research
2 weeks ago
Compared to Estimates, Brown-Forman B (BF.B) Q2 Earnings: A Look at Key Metrics
The headline numbers for Brown-Forman B (BF.B) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Seeking Alpha
2 weeks ago
Why Solid Earnings Moved Brown-Forman Stock Up On My Watch List
The stock of Jack Daniel's maker Brown-Forman Corporation jumped by more than 10% yesterday after reporting better-than-expected results for the first half of fiscal 2025. In this update, I take a close look at Brown-Forman's operating fundamentals and explain why the convincing H1 FY2025 earnings report has pushed BF.B shares higher on my watch list. However, I also explain why I am not rushing to open a position in Brown-Forman shares at this time.
Neutral
Seeking Alpha
2 weeks ago
Brown-Forman Corporation (BF.B) Q2 2025 Earnings Call Transcript
Brown-Forman Corporation (NYSE:BF.B ) Q2 2025 Earnings Conference Call December 5, 2024 10:00 AM ET Company Participants Sue Perram - Vice President & Director, Investor Relations Campbell Brown - Chair of the Board Marshall Farrer - Executive Vice President, Chief Strategic Growth Officer & Board Director Lawson Whiting - President & Chief Executive Officer Leanne Cunningham - Executive Vice President & Chief Financial Officer Conference Call Participants Lauren Lieberman - Barclays Bonnie Herzog - Goldman Sachs Nadine Sarwat - Bernstein Robert Ottenstein - Evercore ISI Chris Pitcher - Redburn Atlantic Filippo Falorni - Citi Bill Kirk - ROTH Peter Grom - UBS Eric Serotta - Morgan Stanley Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to the Brown-Forman First Half Fiscal 2025 Earnings Conference Call.
Neutral
Investopedia
2 weeks ago
Jack Daniel's Parent Tops S&P 500 on Smaller-Than-Expected Revenue Slide
Jack Daniel's whiskey owner Brown-Forman (BF.A) was the S&P 500's best-performing company Thursday following stronger-than-expected results and a call that the company will return to growth this fiscal year.
Neutral
CNBC Television
2 weeks ago
3-Stock Lunch: Lululemon, APP. Materials & Brown-Forman
Courtney Garcia, Payne Capital Management, senior wealth advisor, joins 'Power Lunch' to discuss stock plays for three stocks.
Neutral
Zacks Investment Research
2 weeks ago
Brown-Forman Stock Rallies on Q2 Earnings & Sales Beat, Upbeat View
BF.B's fiscal Q2 results show a top-line decline from weaker sales across all regions, partially offset by lower costs that support margins and the bottom line.
Positive
Proactive Investors
2 weeks ago
Brown-Forman rallies as Jack Daniel's maker predicts return to growth
Brown-Forman Corp (NYSE:BF.B), maker of Jack Daniel's Tennessee whiskey, rallied more than 10% on the New York Stock Exchange after the distiller reported its first-half financial results. Although sales saw a small year-on-year decline, they match previously set targets and a return to growth is anticipated.
Positive
Zacks Investment Research
2 weeks ago
Brown-Forman B (BF.B) Q2 Earnings and Revenues Top Estimates
Brown-Forman B (BF.B) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.50 per share a year ago.
Positive
Market Watch
2 weeks ago
Liquor giant Brown-Forman's stock rises as it signals growth ahead despite market challenges
Brown-Forman Corp.'s stock rose 8% in premarket trading on Thursday after the liquor maker beat Wall Street estimates for profit and revenue in its latest quarter and said it expects to generate positive net sales and operating income in its current fiscal year despite “macroeconomic uncertainties.”
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