B&G Foods (NYSE:BGS - Get Free Report) is projected to announce its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.30 per share and revenue of $547.95 million for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.
B&G Foods Price Performance
Shares of BGS stock traded up $0.28 during trading hours on Friday, hitting $6.68. The company had a trading volume of 1,981,553 shares, compared to its average volume of 1,520,305. The company has a debt-to-equity ratio of 2.40, a quick ratio of 0.49 and a current ratio of 1.64. The firm has a market capitalization of $528.39 million, a price-to-earnings ratio of -19.63 and a beta of 0.50. B&G Foods has a 12 month low of $5.45 and a 12 month high of $11.97. The firm's fifty day moving average is $6.63 and its 200 day moving average is $7.54.
Wall Street Analyst Weigh In
Several research analysts have issued reports on BGS shares. Barclays dropped their price objective on B&G Foods from $8.00 to $7.00 and set an "equal weight" rating for the company in a research note on Thursday, November 7th. TD Cowen lowered their target price on shares of B&G Foods from $8.00 to $7.50 and set a "sell" rating on the stock in a report on Wednesday, November 6th. Finally, Evercore ISI reduced their price target on shares of B&G Foods from $10.00 to $9.00 and set an "in-line" rating on the stock in a research report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company's stock. Based on data from MarketBeat, B&G Foods currently has a consensus rating of "Hold" and a consensus target price of $8.30.
Read Our Latest Research Report on BGS
About B&G Foods
(
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B&G Foods, Inc is a holding company, which engages in the manufacture, sale, and distribution of shelf-stable frozen food, and household products in the U.S., Canada, and Puerto Rico. Its products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, and wine vinegar.
Further Reading
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