Bridgford Foods (BRID) Stock Price, News & Analysis

Company Overview

Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products, as well as ready to eat sandwiches and non-refrigerated snack food products. It provides frozen food products to food service and retail customers through wholesalers, cooperatives, and distributors; and snack food items to supermarkets, mass merchandise, and convenience retail stores through customer-owned distribution centers, as well as a direct store delivery network. The company was founded in 1932 and is headquartered in Dallas, Texas. Bridgford Foods Corporation operates as a subsidiary of Bridgford Industries Incorporated.

Key Stats

• Today's Range: $8.86 to $9.24
• 50-Day Range: $8.61 to $9.60
• 52-Week Range: $7.77 to $14.69
• Volume: 1,336 shs
• Average Volume: 7,297 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Bridgford Foods Stock Analysis - MarketRank™

Bridgford Foods scored higher than 31% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Bridgford Foods.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Bridgford Foods is -83.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bridgford Foods is -83.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Bridgford Foods has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.50% of the float of Bridgford Foods has been sold short.

Short Interest Ratio / Days to Cover

Bridgford Foods has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bridgford Foods has recently increased by 36.07%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Bridgford Foods does not currently pay a dividend.

Dividend Growth

Bridgford Foods does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.50% of the float of Bridgford Foods has been sold short.

Short Interest Ratio / Days to Cover

Bridgford Foods has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Bridgford Foods has recently increased by 36.07%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Bridgford Foods has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Bridgford Foods this week, compared to 0 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Bridgford Foods insiders have bought more of their company's stock than they have sold. Specifically, they have bought $14,153.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

80.70% of the stock of Bridgford Foods is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 4.68% of the stock of Bridgford Foods is held by institutions.

BRID Stock Analysis - Frequently Asked Questions

How have BRID shares performed this year?

Bridgford Foods' stock was trading at $11.00 on January 1st, 2024. Since then, BRID stock has decreased by 16.0% and is now trading at $9.24.
View the best growth stocks for 2024 here.

How were Bridgford Foods' earnings last quarter?

Bridgford Foods Co. (NASDAQ:BRID) released its quarterly earnings data on Friday, August, 23rd. The company reported ($0.20) earnings per share for the quarter. The business had revenue of $49.26 million for the quarter. Bridgford Foods had a negative trailing twelve-month return on equity of 0.79% and a negative net margin of 0.44%.

Who are Bridgford Foods' major shareholders?

Bridgford Foods' top institutional shareholders include Geode Capital Management LLC and Factorial Partners LLC. Insiders that own company stock include Allan Jr Bridgford, Dennis Gregory Scott, Brian E Bridgford, Baron Bridgford, Richard Eugene Bridgford, Christopher William Cole, Juan Luis Silva, Baron RH Bridgford II and Travis Robbins.
View institutional ownership trends.

How do I buy shares of Bridgford Foods?

Shares of BRID stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Bridgford Foods own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bridgford Foods investors own include Carriage Services (CSV), Berkshire Hathaway (BRK.B), Caterpillar (CAT), Meta Platforms (META), Adecoagro (AGRO), HCA Healthcare (HCA) and Advanced Drainage Systems (WMS).

Company Calendar

• Last Earnings: 8/23/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 1/24/2025
• Fiscal Year End: 10/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Sausages & other prepared meats
• Sub-Industry: Food Products
• Current Symbol: NASDAQ:BRID
• CUSIP: N/A
• CIK: 14177
• Web: www.bridgford.com
• Phone: (800) 527-2105
• Fax: 714-992-9321
• Employees: 700
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.11)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $3.47 million
• Net Margins: -0.44%
• Pretax Margin: -0.84%
• Return on Equity: -0.79%
• Return on Assets: -0.62%

Debt

• Debt-to-Equity Ratio: 0.02
• Current Ratio: 4.28
• Quick Ratio: 2.49

Sales & Book Value

• Annual Sales: $251.64 million
• Price / Sales: N/A
• Cash Flow: $1.13 per share
• Price / Cash Flow: 8.17
• Book Value: $14.27 per share
• Price / Book: 0.65

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: -0.62