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NYSE:BGS

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

B&G Foods logo
$7.27 +0.02 (+0.28%)
(As of 12/20/2024 05:31 PM ET)

About B&G Foods Stock (NYSE:BGS)

Key Stats

Today's Range
$7.15
$7.47
50-Day Range
$6.21
$8.82
52-Week Range
$6.12
$11.97
Volume
3.96 million shs
Average Volume
1.16 million shs
Market Capitalization
$575.52 million
P/E Ratio
N/A
Dividend Yield
10.45%
Price Target
$8.30
Consensus Rating
Reduce

Company Overview

B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico. The company's products include frozen and canned vegetables, vegetables, canola and other cooking oils, vegetable shortening, cooking sprays, oatmeal and other hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, crackers, baking powder and soda, corn starch, nut clusters, and other specialty products. It markets its products under various brands, including Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary's, Clabber Girl, Cream of Rice, Cream of Wheat, Crisco, Dash, Davis, Devonsheer, Don Pepino, Durkee, Grandma's Molasses, Green Giant, Joan of Arc, Las Palmas, Le Sueur, MacDonald's, Mama Mary's, Maple Grove Farms of Vermont, McCann's, Molly McButter, New York Flatbreads, New York Style, Old London, Ortega, Polaner, Red Devil, Regina, Rumford, Sa-són, Sclafani, Spice Islands, Spring Tree, Sugar Twin, Tone's, Trappey's, TrueNorth, Underwood, Vermont Maid, Victoria, Weber, and Wright's. The company also sells, markets, and distributes household products under the Static Guard brand. It sells and distributes its products directly, as well as through a network of independent brokers and distributors to supermarket chains, foodservice outlets, mass merchants, warehouse clubs, non-food outlets, and specialty distributors. The company was formerly known as B&G Foods Holdings Corp. and changed its name to B&G Foods, Inc. in October 2004. B&G Foods, Inc. was founded in 1822 and is headquartered in Parsippany, New Jersey.

B&G Foods Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
66th Percentile Overall Score

BGS MarketRank™: 

B&G Foods scored higher than 66% of companies evaluated by MarketBeat, and ranked 78th out of 148 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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.

  • Read more about B&G Foods' stock forecast and price target.
  • Earnings Growth

    Earnings for B&G Foods are expected to decrease by -4.11% in the coming year, from $0.73 to $0.70 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of B&G Foods is -21.38, 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 -21.38, 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 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    12.83% 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 7.6.
  • Change versus previous month

    Short interest in B&G Foods has recently decreased by 0.49%, indicating that investor sentiment is improving.
  • Dividend Leadership

    B&G Foods is a leading dividend payer. It pays a dividend yield of 9.92%, 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 108.57% in the coming year. This indicates that B&G Foods may not be able to sustain their current dividend.

  • Read more about B&G Foods' dividend.
  • Percentage of Shares Shorted

    12.83% 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 7.6.
  • Change versus previous month

    Short interest in B&G Foods has recently decreased by 0.49%, indicating that investor sentiment is improving.
  • News Sentiment

    B&G Foods has a news sentiment score of 0.71. 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 news sentiment score is similar to the average news sentiment of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for B&G Foods this week, compared to 4 articles on an average week.
  • Search Interest

    40 people have searched for BGS on MarketBeat in the last 30 days. This is an increase of 111% compared to the previous 30 days.
  • MarketBeat Follows

    Only 8 people have added B&G Foods to their MarketBeat watchlist in the last 30 days. This is a decrease of -89% compared to the previous 30 days.
  • 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.

  • Read more about B&G Foods' insider trading history.
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BGS Stock News Headlines

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B&G Foods: A High Dividend Play With Some 'Warts'
Analysts Set B&G Foods, Inc. (NYSE:BGS) Target Price at $8.30
See More Headlines

BGS Stock Analysis - Frequently Asked Questions

B&G Foods' stock was trading at $10.50 at the beginning of 2024. Since then, BGS stock has decreased by 30.8% and is now trading at $7.27.
View the best growth stocks for 2024 here
.

B&G Foods, Inc. (NYSE:BGS) issued its quarterly earnings data on Tuesday, November, 5th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by $0.07. The business's revenue for the quarter was down 8.3% on a year-over-year basis.

B&G Foods' top institutional shareholders include State Street Corp (3.76%), Geode Capital Management LLC (2.28%), Parallax Volatility Advisers L.P. and Charles Schwab Investment Management Inc. (1.77%). 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
.

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.
Compare Top Brokerages Here.

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
Today
12/21/2024
Ex-Dividend for 1/30 Dividend
12/31/2024
Fiscal Year End
12/31/2024
Dividend Payable
1/30/2025

Industry, Sector and Symbol

Industry
Food & kindred products
Sub-Industry
Packaged Foods & Meats
CUSIP
05508R10
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
+14.2%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
5 Analysts

Profitability

Net Income
$-66,200,000.00
Pretax Margin
-1.68%

Debt

Sales & Book Value

Annual Sales
$1.96 billion
Cash Flow
$2.29 per share
Book Value
$10.63 per share

Miscellaneous

Free Float
76,631,000
Market Cap
$575.52 million
Optionable
Optionable
Beta
0.54

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This page (NYSE:BGS) was last updated on 12/21/2024 by MarketBeat.com Staff
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