B&G Foods (BGS) Stock Price, News & Analysis

Company Overview

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. Its brands include Back to Nature, Bear Creek, Cream of Wheat, Green Giant, Mrs. Dash, and Ortega. The company was founded in 1889 and is headquartered in Parsippany, NJ.

Key Stats

• Today's Range: $6.70 to $6.89
• 50-Day Range: $6.28 to $7.83
• 52-Week Range: $6.12 to $11.97
• Volume: 1.13 million shs
• Average Volume: 1.29 million shs
• Market Capitalization: $536.31 million
• P/E Ratio: N/A
• Dividend Yield: 11.22%
• Price Target: $8.30
• Consensus Rating: Reduce

B&G Foods Stock Analysis - MarketRank™

B&G Foods scored higher than 63% of companies evaluated by MarketBeat, and ranked 82nd out of 151 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Reduce

Consensus Rating

B&G Foods has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

B&G Foods has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -4.29%

Earnings Growth

Earnings for B&G Foods are expected to decrease by -4.29% in the coming year, from $0.70 to $0.67 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of B&G Foods is -19.93, 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 B&G Foods is -19.93, 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

B&G Foods has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

11.70% of the outstanding shares of B&G Foods have been sold short.

Short Interest Ratio / Days to Cover

B&G Foods has a short interest ratio ("days to cover") of 5.9.

Change versus previous month

Short interest in B&G Foods has recently increased by 1.76%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

B&G Foods is a leading dividend payer. It pays a dividend yield of 11.82%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

B&G Foods does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, B&G Foods will have a dividend payout ratio of 113.43% in the coming year. This indicates that B&G Foods may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 1.9 / 5
• Environmental Score: -3.50

Percentage of Shares Shorted

11.70% of the outstanding shares of B&G Foods have been sold short.

Short Interest Ratio / Days to Cover

B&G Foods has a short interest ratio ("days to cover") of 5.9.

Change versus previous month

Short interest in B&G Foods has recently increased by 1.76%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.91

News Sentiment

B&G Foods has a news sentiment score of 0.91. 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 0.67 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for B&G Foods this week, compared to 4 articles on an average week.

Search Interest

Only 26 people have searched for BGS on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.

MarketBeat Follows

Only 6 people have added B&G Foods to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, B&G Foods insiders have bought more of their company's stock than they have sold. Specifically, they have bought $593,054.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 3.20% of the stock of B&G Foods is held by insiders.

Percentage Held by Institutions

66.15% of the stock of B&G Foods is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BGS Stock Analysis - Frequently Asked Questions

How have BGS shares performed this year?

B&G Foods' stock was trading at $6.89 at the start of the year. Since then, BGS stock has decreased by 1.7% and is now trading at $6.7750.
View the best growth stocks for 2025 here.

How were B&G Foods' earnings last quarter?

B&G Foods, Inc. (NYSE:BGS) issued its quarterly earnings results on Tuesday, November, 5th. The company reported $0.13 EPS for the quarter, missing analysts' consensus estimates of $0.20 by $0.07. The firm's revenue for the quarter was down 8.3% compared to the same quarter last year.

Who are B&G Foods' major shareholders?

B&G Foods' top institutional shareholders include Wedge Capital Management L L P NC (0.16%), IMC Chicago LLC, Nisa Investment Advisors LLC (0.05%) and Janney Montgomery Scott LLC (0.04%). Insiders that own company stock include David L Wenner, Stephen Sherrill, Scott E Lerner, Bruce C Wacha, Eric H Hart, Jordan E Greenberg, Ellen M Schum and Andrew D Vogel.
View institutional ownership trends.

How do I buy shares of B&G Foods?

Shares of BGS 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.

What other stocks do shareholders of B&G Foods own?

Based on aggregate information from My MarketBeat watchlists, some other companies that B&G Foods investors own include AT&T (T), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), NVIDIA (NVDA), AbbVie (ABBV), Meta Platforms (META) and Chevron (CVX).

Company Calendar

• Ex-Dividend for 10/30 Dividend: 9/30/2024
• Dividend Payable: 10/30/2024
• Last Earnings: 11/05/2024
• Ex-Dividend for 1/30 Dividend: 12/31/2024
• Today: 1/27/2025
• Dividend Payable: 1/30/2025
• Next Earnings (Estimated): 2/25/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Food & kindred products
• Sub-Industry: Packaged Foods & Meats
• Current Symbol: NYSE:BGS
• CUSIP: 05508R10
• CIK: 1278027
• Web: www.bgfoods.com
• Phone: (973) 401-6500
• Fax: 973-401-6543
• Employees: 2,912
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $8.30
• High Stock Price Target: $10.00
• Low Stock Price Target: $7.00
• Potential Upside/Downside: +22.5%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.34)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 9.68
• P/E Growth: N/A
• Net Income: $-66,200,000.00
• Net Margins: -1.34%
• Pretax Margin: -1.68%
• Return on Equity: 6.97%
• Return on Assets: 1.61%

Debt

• Debt-to-Equity Ratio: 2.40
• Current Ratio: 1.64
• Quick Ratio: 0.49

Sales & Book Value

• Annual Sales: $2.06 billion
• Price / Sales: 0.26
• Cash Flow: $2.55 per share
• Price / Cash Flow: 2.66
• Book Value: $10.63 per share
• Price / Book: 0.64

Miscellaneous

• Outstanding Shares: 79,160,000
• Free Float: 76,631,000
• Market Cap: $536.31 million
• Optionable: Optionable
• Beta: 0.51