Brown-Forman Corp (NYSE:BF-B) currently has a daily average trading volume of 2.17M but it saw 2307057 shares traded in last market. With a market cap of 19.23B USD, the company’s current market price of $41.00 came rising about 1.16 while comparing to the previous closing price of $40.53. In past 52 weeks, the stock remained buoying in the range of price level as high as $60.97 and as low as $40.08. In the recent trading on the day, stock has struck highest price mark of $40.49 while lowest mark touched by it was $41.2.
Its current price level is -32.75% below from 52-week high level whereas it is 2.31% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.90% during that period while stretching the period over a month that increases to 2.38%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 26.16 which implies that the stock is in oversold territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which downgraded the stock as “Hold” in its note to investors issued on November 06, 2024, recommending a price target of between $50 and $48 for it. Barclays upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on September 30, 2024 while assigning a price target range of $43-$53. Citigroup issued its recommendations for the stock as it upgraded the price target for the stock is $52.
Over the week, BF-B’s stock price is moving -1.66% down while it is -17.04% when we observe its performance for the past one month. Year-to-date it is -28.20% down and over the past year, the stock is showing a downside performance of -30.61%.
Currently, Brown-Forman Corp’s total number of outstanding shares is 303.49M. Company’s return on investment (ROI) stands at 16.89% and return on equity (ROE) at 29.05%. It has a price to earnings ratio (P/E ratio) of 19.73 while having a 21.73 of forward P/E ratio. Stock’s beta reads 0.74. Stock has a price to book (P/B) ratio of 5.59 while price to sale or P/S ratio amounts to 4.72. Its return on asset (ROA) is 12.13% on average.
