D
Brown-Forman Corporation
BFA
NYSE
D
Sell
1/30/2025Downgrade
Brown-Forman Corporation (BFA) was downgraded to D+ from C- on 1/30/2025 due to a decline in the efficiency index, volatility index and total return index.
Brown-Forman Corporation (BFA) was downgraded to D+ from C- on 1/30/2025 due to a decline in the efficiency index, volatility index and total return index.
C
Hold
9/23/2024Upgraded
Brown-Forman Corporation (BFA) was upgraded to C- from D+ on 9/23/2024 due to an increase in the volatility index.
Brown-Forman Corporation (BFA) was upgraded to C- from D+ on 9/23/2024 due to an increase in the volatility index.
D
Sell
7/10/2024Downgrade
Brown-Forman Corporation (BFA) was downgraded to D+ from C- on 7/10/2024 due to a decline in the growth index, total return index and volatility index. Total revenue declined 9.82% from $1.07B to $964M, earnings per share declined from $0.6 to $0.5607, and EBIT declined 6.3% from $254M to $238M.
Brown-Forman Corporation (BFA) was downgraded to D+ from C- on 7/10/2024 due to a decline in the growth index, total return index and volatility index. Total revenue declined 9.82% from $1.07B to $964M, earnings per share declined from $0.6 to $0.5607, and EBIT declined 6.3% from $254M to $238M.
C
Hold
3/8/2024Downgrade
Brown-Forman Corporation (BFA) was downgraded to C- from C on 3/8/2024 due to a decline in the solvency index, volatility index and total return index. Debt to equity increased from 0.9 to 1.05, and the quick ratio declined from 1.02 to 0.91.
Brown-Forman Corporation (BFA) was downgraded to C- from C on 3/8/2024 due to a decline in the solvency index, volatility index and total return index. Debt to equity increased from 0.9 to 1.05, and the quick ratio declined from 1.02 to 0.91.
C
Hold
3/4/2024Upgraded
Brown-Forman Corporation (BFA) was upgraded to C from C- on 3/4/2024 due to an increase in the volatility index, total return index and valuation index.
Brown-Forman Corporation (BFA) was upgraded to C from C- on 3/4/2024 due to an increase in the volatility index, total return index and valuation index.
C
Hold
12/27/2023Downgrade
Brown-Forman Corporation (BFA) was downgraded to C- from C on 12/27/2023 due to a decline in the total return index and volatility index.
Brown-Forman Corporation (BFA) was downgraded to C- from C on 12/27/2023 due to a decline in the total return index and volatility index.
C
Hold
12/7/2023Upgraded
Brown-Forman Corporation (BFA) was upgraded to C from C- on 12/7/2023 due to a noticeable increase in the growth index and valuation index. Operating cash flow increased 55.26% from $38M to $59M, total revenue increased 6.65% from $1.04B to $1.11B, and EBIT increased 6.27% from $319M to $339M.
Brown-Forman Corporation (BFA) was upgraded to C from C- on 12/7/2023 due to a noticeable increase in the growth index and valuation index. Operating cash flow increased 55.26% from $38M to $59M, total revenue increased 6.65% from $1.04B to $1.11B, and EBIT increased 6.27% from $319M to $339M.
C
Hold
12/6/2023Downgrade
Brown-Forman Corporation (BFA) was downgraded to C- from C on 12/6/2023 due to a large decline in the volatility index, total return index and efficiency index.
Brown-Forman Corporation (BFA) was downgraded to C- from C on 12/6/2023 due to a large decline in the volatility index, total return index and efficiency index.
C
Hold
8/31/2023Downgrade
Brown-Forman Corporation (BFA) was downgraded to C from C+ on 8/31/2023 due to a substantial decline in the growth index, solvency index and efficiency index. Operating cash flow declined 83.48% from $230M to $38M, EBIT declined 27.83% from $442M to $319M, and the quick ratio declined from 1.13 to 0.99.
Brown-Forman Corporation (BFA) was downgraded to C from C+ on 8/31/2023 due to a substantial decline in the growth index, solvency index and efficiency index. Operating cash flow declined 83.48% from $230M to $38M, EBIT declined 27.83% from $442M to $319M, and the quick ratio declined from 1.13 to 0.99.
C
Hold
6/29/2023Upgraded
Brown-Forman Corporation (BFA) was upgraded to C+ from C on 6/29/2023 due to a significant increase in the growth index, total return index and valuation index. EBIT increased 206.94% from $144M to $442M, operating cash flow increased 144.68% from $94M to $230M, and earnings per share increased from $0.2087 to $0.43.
Brown-Forman Corporation (BFA) was upgraded to C+ from C on 6/29/2023 due to a significant increase in the growth index, total return index and valuation index. EBIT increased 206.94% from $144M to $442M, operating cash flow increased 144.68% from $94M to $230M, and earnings per share increased from $0.2087 to $0.43.
C
Hold
3/9/2023Downgrade
Brown-Forman Corporation (BFA) was downgraded to C from C+ on 3/9/2023 due to a significant decline in the growth index, valuation index and volatility index. Earnings per share declined from $0.47 to $0.2087, EBIT declined 52.79% from $305M to $144M, and operating cash flow declined 34.27% from $143M to $94M.
Brown-Forman Corporation (BFA) was downgraded to C from C+ on 3/9/2023 due to a significant decline in the growth index, valuation index and volatility index. Earnings per share declined from $0.47 to $0.2087, EBIT declined 52.79% from $305M to $144M, and operating cash flow declined 34.27% from $143M to $94M.
C
Hold
2/24/2023Downgrade
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 2/24/2023 due to a large decline in the total return index, growth index and volatility index. Operating cash flow declined 17.34% from $173M to $143M, EBIT declined 10.82% from $342M to $305M, and earnings per share declined from $0.5197 to $0.47.
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 2/24/2023 due to a large decline in the total return index, growth index and volatility index. Operating cash flow declined 17.34% from $173M to $143M, EBIT declined 10.82% from $342M to $305M, and earnings per share declined from $0.5197 to $0.47.
B
Buy
9/2/2022Upgraded
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 9/2/2022 due to a significant increase in the growth index, valuation index and total return index. Earnings per share increased from $0.31 to $0.5183, EBIT increased 22.58% from $279M to $342M, and total revenue increased 1.1% from $996M to $1.01B.
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 9/2/2022 due to a significant increase in the growth index, valuation index and total return index. Earnings per share increased from $0.31 to $0.5183, EBIT increased 22.58% from $279M to $342M, and total revenue increased 1.1% from $996M to $1.01B.
C
Hold
8/26/2022Upgraded
Brown-Forman Corporation (BFA) was upgraded to C+ from C on 8/26/2022 due to a large increase in the volatility index, total return index and solvency index. Debt to equity declined from 0.92 to 0.84, and the quick ratio increased from 1.53 to 1.63.
Brown-Forman Corporation (BFA) was upgraded to C+ from C on 8/26/2022 due to a large increase in the volatility index, total return index and solvency index. Debt to equity declined from 0.92 to 0.84, and the quick ratio increased from 1.53 to 1.63.
C
Hold
4/18/2022Downgrade
Brown-Forman Corporation (BFA) was downgraded to C from C+ on 4/18/2022 due to a large decline in the volatility index, total return index and solvency index. The quick ratio declined from 2.56 to 1.53, and debt to equity increased from 0.8 to 0.92.
Brown-Forman Corporation (BFA) was downgraded to C from C+ on 4/18/2022 due to a large decline in the volatility index, total return index and solvency index. The quick ratio declined from 2.56 to 1.53, and debt to equity increased from 0.8 to 0.92.
C
Hold
6/23/2021Downgrade
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 6/23/2021 due to a decline in the growth index and efficiency index. Net income declined 45.21% from $219M to $120M, earnings per share declined from $0.45 to $0.25, and EBIT declined 40.58% from $276M to $164M.
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 6/23/2021 due to a decline in the growth index and efficiency index. Net income declined 45.21% from $219M to $120M, earnings per share declined from $0.45 to $0.25, and EBIT declined 40.58% from $276M to $164M.
B
Buy
6/21/2021Upgraded
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 6/21/2021 due to an increase in the total return index.
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 6/21/2021 due to an increase in the total return index.
C
Hold
4/20/2021Downgrade
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 4/20/2021 due to a decline in the valuation index and dividend index.
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 4/20/2021 due to a decline in the valuation index and dividend index.
B
Buy
4/5/2021Upgraded
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 4/5/2021 due to an increase in the valuation index, volatility index and dividend index.
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 4/5/2021 due to an increase in the valuation index, volatility index and dividend index.
C
Hold
3/5/2021Downgrade
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 3/5/2021 due to a large decline in the growth index, total return index and volatility index. EBIT declined 15.08% from $325M to $276M, earnings per share declined from $0.5 to $0.45, and total revenue declined 7.51% from $985M to $911M.
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 3/5/2021 due to a large decline in the growth index, total return index and volatility index. EBIT declined 15.08% from $325M to $276M, earnings per share declined from $0.5 to $0.45, and total revenue declined 7.51% from $985M to $911M.
B
Buy
12/10/2020Downgrade
Brown-Forman Corporation (BFA) was downgraded to B- from B on 12/10/2020 due to a decline in the total return index, valuation index and efficiency index. Net income declined 25.93% from $324M to $240M.
Brown-Forman Corporation (BFA) was downgraded to B- from B on 12/10/2020 due to a decline in the total return index, valuation index and efficiency index. Net income declined 25.93% from $324M to $240M.
B
Buy
12/9/2020Upgraded
Brown-Forman Corporation (BFA) was upgraded to B from B- on 12/9/2020 due to a large increase in the total return index and volatility index.
Brown-Forman Corporation (BFA) was upgraded to B from B- on 12/9/2020 due to a large increase in the total return index and volatility index.
B
Buy
10/30/2020Downgrade
Brown-Forman Corporation (BFA) was downgraded to B- from B on 10/30/2020 due to a large decline in the total return index.
Brown-Forman Corporation (BFA) was downgraded to B- from B on 10/30/2020 due to a large decline in the total return index.
B
Buy
10/12/2020Upgraded
Brown-Forman Corporation (BFA) was upgraded to B from B- on 10/12/2020 due to a large increase in the total return index and volatility index.
Brown-Forman Corporation (BFA) was upgraded to B from B- on 10/12/2020 due to a large increase in the total return index and volatility index.
B
Buy
9/25/2020Downgrade
Brown-Forman Corporation (BFA) was downgraded to B- from B on 9/25/2020 due to a noticeable decline in the total return index and valuation index.
Brown-Forman Corporation (BFA) was downgraded to B- from B on 9/25/2020 due to a noticeable decline in the total return index and valuation index.
B
Buy
9/4/2020Upgraded
Brown-Forman Corporation (BFA) was upgraded to B from C+ on 9/4/2020 due to a substantial increase in the total return index, growth index and valuation index. Earnings per share increased from $0.2677 to $0.67, EBIT increased 15.14% from $218M to $251M, and total revenue increased 6.21% from $709M to $753M.
Brown-Forman Corporation (BFA) was upgraded to B from C+ on 9/4/2020 due to a substantial increase in the total return index, growth index and valuation index. Earnings per share increased from $0.2677 to $0.67, EBIT increased 15.14% from $218M to $251M, and total revenue increased 6.21% from $709M to $753M.
C
Hold
6/24/2020Downgrade
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 6/24/2020 due to a noticeable decline in the growth index, valuation index and total return index. Earnings per share declined from $0.48 to $0.2677, operating cash flow declined 33.23% from $322M to $215M, and EBIT declined 27.09% from $299M to $218M.
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 6/24/2020 due to a noticeable decline in the growth index, valuation index and total return index. Earnings per share declined from $0.48 to $0.2677, operating cash flow declined 33.23% from $322M to $215M, and EBIT declined 27.09% from $299M to $218M.
B
Buy
4/14/2020Upgraded
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 4/14/2020 due to an increase in the volatility index, valuation index and dividend index.
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 4/14/2020 due to an increase in the volatility index, valuation index and dividend index.
C
Hold
3/12/2020Downgrade
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 3/12/2020 due to a major decline in the growth index, total return index and volatility index. Earnings per share declined from $0.59 to $0.48, EBIT declined 14.57% from $350M to $299M, and total revenue declined 9.1% from $989M to $899M.
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 3/12/2020 due to a major decline in the growth index, total return index and volatility index. Earnings per share declined from $0.59 to $0.48, EBIT declined 14.57% from $350M to $299M, and total revenue declined 9.1% from $989M to $899M.
B
Buy
2/18/2020Downgrade
Brown-Forman Corporation (BFA) was downgraded to B- from B on 2/18/2020 due to a decline in the volatility index, valuation index and dividend index.
Brown-Forman Corporation (BFA) was downgraded to B- from B on 2/18/2020 due to a decline in the volatility index, valuation index and dividend index.
B
Buy
8/30/2019Upgraded
Brown-Forman Corporation (BFA) was upgraded to B from B- on 8/30/2019 due to a major increase in the growth index, total return index and volatility index. Earnings per share increased from $0.3296 to $0.3896, EBIT increased 11.31% from $221M to $246M, and total revenue increased 2.96% from $744M to $766M.
Brown-Forman Corporation (BFA) was upgraded to B from B- on 8/30/2019 due to a major increase in the growth index, total return index and volatility index. Earnings per share increased from $0.3296 to $0.3896, EBIT increased 11.31% from $221M to $246M, and total revenue increased 2.96% from $744M to $766M.
B
Buy
5/1/2019Upgraded
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 5/1/2019 due to an increase in the volatility index and solvency index. The quick ratio increased from 1.07 to 1.11, and debt to equity declined from 1.7 to 1.68.
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 5/1/2019 due to an increase in the volatility index and solvency index. The quick ratio increased from 1.07 to 1.11, and debt to equity declined from 1.7 to 1.68.
C
Hold
11/21/2018Downgrade
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 11/21/2018 due to a decline in the volatility index and total return index.
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 11/21/2018 due to a decline in the volatility index and total return index.
B
Buy
10/11/2018Downgrade
Brown-Forman Corporation (BFA) was downgraded to B- from B on 10/11/2018 due to a decline in the volatility index and total return index.
Brown-Forman Corporation (BFA) was downgraded to B- from B on 10/11/2018 due to a decline in the volatility index and total return index.
B
Buy
8/31/2018Upgraded
Brown-Forman Corporation (BFA) was upgraded to B from C+ on 8/31/2018 due to a significant increase in the growth index, solvency index and valuation index. EBIT increased 80.85% from $141M to $255M, operating cash flow increased 80% from $70M to $126M, and earnings per share increased from $0.2288 to $0.41.
Brown-Forman Corporation (BFA) was upgraded to B from C+ on 8/31/2018 due to a significant increase in the growth index, solvency index and valuation index. EBIT increased 80.85% from $141M to $255M, operating cash flow increased 80% from $70M to $126M, and earnings per share increased from $0.2288 to $0.41.
C
Hold
8/23/2018Downgrade
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 8/23/2018 due to a significant decline in the total return index and growth index. Operating cash flow declined 79.89% from $348M to $70M, EBIT declined 54.52% from $310M to $141M, and earnings per share declined from $0.39 to $0.2288.
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 8/23/2018 due to a significant decline in the total return index and growth index. Operating cash flow declined 79.89% from $348M to $70M, EBIT declined 54.52% from $310M to $141M, and earnings per share declined from $0.39 to $0.2288.
B
Buy
3/12/2018Downgrade
Brown-Forman Corporation (BFA) was downgraded to B- from B on 3/12/2018 due to a major decline in the growth index, solvency index and valuation index. Debt to equity increased from 1.34 to 1.75, the quick ratio declined from 0.92 to 0.68, and earnings per share declined from $0.496 to $0.39.
Brown-Forman Corporation (BFA) was downgraded to B- from B on 3/12/2018 due to a major decline in the growth index, solvency index and valuation index. Debt to equity increased from 1.34 to 1.75, the quick ratio declined from 0.92 to 0.68, and earnings per share declined from $0.496 to $0.39.
B
Buy
1/30/2018Upgraded
Brown-Forman Corporation (BFA) was upgraded to B from B- on 1/30/2018 due to a major increase in the growth index, total return index and solvency index. EBIT increased 39.04% from $251M to $349M, earnings per share increased from $0.46 to $0.62, and total revenue increased 26.42% from $723M to $914M.
Brown-Forman Corporation (BFA) was upgraded to B from B- on 1/30/2018 due to a major increase in the growth index, total return index and solvency index. EBIT increased 39.04% from $251M to $349M, earnings per share increased from $0.46 to $0.62, and total revenue increased 26.42% from $723M to $914M.
B
Buy
11/6/2017Upgraded
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 11/6/2017 due to an increase in the total return index.
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 11/6/2017 due to an increase in the total return index.
C
Hold
10/20/2017Downgrade
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 10/20/2017 due to a decline in the volatility index and valuation index.
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 10/20/2017 due to a decline in the volatility index and valuation index.
B
Buy
10/5/2017Upgraded
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 10/5/2017 due to an increase in the total return index.
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 10/5/2017 due to an increase in the total return index.
C
Hold
9/1/2017Upgraded
Brown-Forman Corporation (BFA) was upgraded to C+ from C on 9/1/2017 due to a major increase in the growth index, valuation index and solvency index. Earnings per share increased from $0.3697 to $0.46, EBIT increased 21.84% from $206M to $251M, and total revenue increased 4.03% from $695M to $723M.
Brown-Forman Corporation (BFA) was upgraded to C+ from C on 9/1/2017 due to a major increase in the growth index, valuation index and solvency index. Earnings per share increased from $0.3697 to $0.46, EBIT increased 21.84% from $206M to $251M, and total revenue increased 4.03% from $695M to $723M.
C
Hold
8/31/2017Downgrade
Brown-Forman Corporation (BFA) was downgraded to C from C+ on 8/31/2017 due to a decline in the total return index, valuation index and dividend index.
Brown-Forman Corporation (BFA) was downgraded to C from C+ on 8/31/2017 due to a decline in the total return index, valuation index and dividend index.
C
Hold
6/16/2017Downgrade
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 6/16/2017 due to a major decline in the valuation index, growth index and total return index. Operating cash flow declined 29.71% from $276M to $194M, EBIT declined 24.82% from $274M to $206M, and earnings per share declined from $0.47 to $0.3697.
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 6/16/2017 due to a major decline in the valuation index, growth index and total return index. Operating cash flow declined 29.71% from $276M to $194M, EBIT declined 24.82% from $274M to $206M, and earnings per share declined from $0.47 to $0.3697.
B
Buy
5/22/2017Upgraded
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 5/22/2017 due to a large increase in the growth index and volatility index. Operating cash flow increased 573.17% from $41M to $276M.
Brown-Forman Corporation (BFA) was upgraded to B- from C+ on 5/22/2017 due to a large increase in the growth index and volatility index. Operating cash flow increased 573.17% from $41M to $276M.
C
Hold
12/9/2016Downgrade
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 12/9/2016 due to a large decline in the growth index, volatility index and total return index. Operating cash flow declined 67.97% from $128M to $41M.
Brown-Forman Corporation (BFA) was downgraded to C+ from B- on 12/9/2016 due to a large decline in the growth index, volatility index and total return index. Operating cash flow declined 67.97% from $128M to $41M.
B
Buy
9/2/2016Downgrade
Brown-Forman Corporation (BFA) was downgraded to B- from B on 9/2/2016 due to a major decline in the valuation index, solvency index and dividend index. Debt to equity increased from 0.96 to 1.68.
Brown-Forman Corporation (BFA) was downgraded to B- from B on 9/2/2016 due to a major decline in the valuation index, solvency index and dividend index. Debt to equity increased from 0.96 to 1.68.
B
Buy
8/23/2016Upgraded
Brown-Forman Corporation (BFA) was upgraded to B from B- on 8/23/2016 due to a major increase in the valuation index and dividend index.
Brown-Forman Corporation (BFA) was upgraded to B from B- on 8/23/2016 due to a major increase in the valuation index and dividend index.
B
Buy
8/8/2016Downgrade
Brown-Forman Corporation (BFA) was downgraded to B- from B on 8/8/2016 due to a decline in the total return index and volatility index.
Brown-Forman Corporation (BFA) was downgraded to B- from B on 8/8/2016 due to a decline in the total return index and volatility index.
B
Buy
6/24/2016Upgraded
Brown-Forman Corporation (BFA) was upgraded to B from D on 6/24/2016 due to a significant increase in the efficiency index, solvency index and growth index.
Brown-Forman Corporation (BFA) was upgraded to B from D on 6/24/2016 due to a significant increase in the efficiency index, solvency index and growth index.
D
Sell
6/17/2016Downgrade
Brown-Forman Corporation (BFA) was downgraded to D from B on 6/17/2016 due to a significant decline in the efficiency index, solvency index and growth index.
Brown-Forman Corporation (BFA) was downgraded to D from B on 6/17/2016 due to a significant decline in the efficiency index, solvency index and growth index.
B
Buy
6/13/2016Upgraded
Brown-Forman Corporation (BFA) was upgraded to B from C on 6/13/2016 due to an increase in the total return index.
Brown-Forman Corporation (BFA) was upgraded to B from C on 6/13/2016 due to an increase in the total return index.
C
Hold
5/13/2016Downgrade
Brown-Forman Corporation (BFA) was downgraded to C from B on 5/13/2016 due to a decline in the volatility index and valuation index.
Brown-Forman Corporation (BFA) was downgraded to C from B on 5/13/2016 due to a decline in the volatility index and valuation index.
B
Buy
5/12/2016Upgraded
Brown-Forman Corporation (BFA) was upgraded to B from C on 5/12/2016 due to an increase in the total return index.
Brown-Forman Corporation (BFA) was upgraded to B from C on 5/12/2016 due to an increase in the total return index.
C
Hold
4/29/2016Downgrade
Brown-Forman Corporation (BFA) was downgraded to C from B on 4/29/2016 due to a decline in the total return index and volatility index.
Brown-Forman Corporation (BFA) was downgraded to C from B on 4/29/2016 due to a decline in the total return index and volatility index.
B
Buy
3/4/2016Downgrade
Brown-Forman Corporation (BFA) was downgraded to B from B+ on 3/4/2016 due to a noticeable decline in the growth index, volatility index and solvency index. EBIT declined 7.28% from $302M to $280M, total revenue declined 5.27% from $854M to $809M, and earnings per share declined from $0.97 to $0.94.
Brown-Forman Corporation (BFA) was downgraded to B from B+ on 3/4/2016 due to a noticeable decline in the growth index, volatility index and solvency index. EBIT declined 7.28% from $302M to $280M, total revenue declined 5.27% from $854M to $809M, and earnings per share declined from $0.97 to $0.94.
B
Buy
2/23/2016Upgraded
Brown-Forman Corporation (BFA) was upgraded to B+ from B on 2/23/2016 due to an increase in the volatility index.
Brown-Forman Corporation (BFA) was upgraded to B+ from B on 2/23/2016 due to an increase in the volatility index.
B
Buy
2/8/2016Downgrade
Brown-Forman Corporation (BFA) was downgraded to B from B+ on 2/8/2016 due to a significant decline in the total return index, volatility index and solvency index. Debt to equity increased from 0.87 to 1.27, and the quick ratio declined from 1.2 to 0.82.
Brown-Forman Corporation (BFA) was downgraded to B from B+ on 2/8/2016 due to a significant decline in the total return index, volatility index and solvency index. Debt to equity increased from 0.87 to 1.27, and the quick ratio declined from 1.2 to 0.82.
B
Buy
8/26/2015Upgraded
Brown-Forman Corporation (BFA) was upgraded to B+ from B on 8/26/2015 due to an increase in the valuation index, volatility index and dividend index.
Brown-Forman Corporation (BFA) was upgraded to B+ from B on 8/26/2015 due to an increase in the valuation index, volatility index and dividend index.
B
Buy
8/11/2015Downgrade
Brown-Forman Corporation (BFA) was downgraded to B from B+ on 8/11/2015 due to a decline in the valuation index and dividend index.
Brown-Forman Corporation (BFA) was downgraded to B from B+ on 8/11/2015 due to a decline in the valuation index and dividend index.
B
Buy
7/6/2015Upgraded
Brown-Forman Corporation (BFA) was upgraded to B+ from B on 7/6/2015 due to a noticeable increase in the total return index and volatility index.
Brown-Forman Corporation (BFA) was upgraded to B+ from B on 7/6/2015 due to a noticeable increase in the total return index and volatility index.
B
Buy
6/19/2015Downgrade
Brown-Forman Corporation (BFA) was downgraded to B from B+ on 6/19/2015 due to a decline in the growth index, valuation index and solvency index. Debt to equity increased from 0.49 to 0.62, operating cash flow declined 23.61% from $305M to $233M, and earnings per share declined from $0.87 to $0.6683.
Brown-Forman Corporation (BFA) was downgraded to B from B+ on 6/19/2015 due to a decline in the growth index, valuation index and solvency index. Debt to equity increased from 0.49 to 0.62, operating cash flow declined 23.61% from $305M to $233M, and earnings per share declined from $0.87 to $0.6683.
B
Buy
3/27/2015Upgraded
Brown-Forman Corporation (BFA) was upgraded to B+ from B on 3/27/2015 due to a major increase in the growth index, valuation index and dividend index.
Brown-Forman Corporation (BFA) was upgraded to B+ from B on 3/27/2015 due to a major increase in the growth index, valuation index and dividend index.
B
Buy
12/5/2014Downgrade
Brown-Forman Corporation (BFA) was downgraded to B from B+ on 12/5/2014 due to a substantial decline in the growth index, volatility index and valuation index. Operating cash flow declined 137.5% from $112M to -$42M.
Brown-Forman Corporation (BFA) was downgraded to B from B+ on 12/5/2014 due to a substantial decline in the growth index, volatility index and valuation index. Operating cash flow declined 137.5% from $112M to -$42M.
B
Buy
11/3/2014Downgrade
Brown-Forman Corporation (BFA) was downgraded to B+ from A- on 11/3/2014 due to a decline in the volatility index, valuation index and dividend index.
Brown-Forman Corporation (BFA) was downgraded to B+ from A- on 11/3/2014 due to a decline in the volatility index, valuation index and dividend index.
A
Buy
10/17/2014Upgraded
Brown-Forman Corporation (BFA) was upgraded to A- from B+ on 10/17/2014 due to an increase in the growth index, valuation index and solvency index. EBIT increased 26.37% from $182M to $230M, earnings per share increased from $0.61 to $0.7, and total revenue increased 2.32% from $689M to $705M.
Brown-Forman Corporation (BFA) was upgraded to A- from B+ on 10/17/2014 due to an increase in the growth index, valuation index and solvency index. EBIT increased 26.37% from $182M to $230M, earnings per share increased from $0.61 to $0.7, and total revenue increased 2.32% from $689M to $705M.
B
Buy
3/10/2014Downgrade
Brown-Forman Corporation (BFA) was downgraded to B+ from A- on 3/10/2014 due to a decline in the total return index, volatility index and valuation index.
Brown-Forman Corporation (BFA) was downgraded to B+ from A- on 3/10/2014 due to a decline in the total return index, volatility index and valuation index.
A
Buy
3/7/2014Downgrade
Brown-Forman Corporation (BFA) was downgraded to A- from A on 3/7/2014 due to a noticeable decline in the growth index, total return index and valuation index. EBIT declined 18.65% from $311M to $253M, earnings per share declined from $0.96 to $0.82, and total revenue declined 6.12% from $833M to $782M.
Brown-Forman Corporation (BFA) was downgraded to A- from A on 3/7/2014 due to a noticeable decline in the growth index, total return index and valuation index. EBIT declined 18.65% from $311M to $253M, earnings per share declined from $0.96 to $0.82, and total revenue declined 6.12% from $833M to $782M.
