NYSE:BGS - B&G Foods Stock Price, News, & Analysis

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$30.6701 +0.42 (+1.39 %)
(As of 11/20/2018 10:21 AM ET)
Previous Close$30.25
Today's Range$30.00 - $30.6701
52-Week Range$22.00 - $39.75
Volume115,425 shs
Average Volume746,531 shs
Market Capitalization$1.99 billion
P/E Ratio14.47
Dividend Yield6.29%
Beta0.52
B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods in the United States, 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, wine vinegars, maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, puffed corn and rice snacks, cookies and crackers, nut clusters, and other specialty products. The company markets its products under various brands, including Ac'cent, B&G, B&M, Back to Nature, Baker's Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, Green Giant, JJ Flats, Joan of Arc, Las Palmas, Le Sueur, MacDonald's, Mama Mary's, Maple Grove Farms of Vermont, Molly McButter, Mrs. Dash, New York Flatbreads, New York Style, Old London, Original Tings, Ortega, Pirate's Booty, Polaner, Red Devil, Regina, Sa-són, Sclafani, Smart Puffs, SnackWell's, Spice Islands, Spring Tree, Sugar Twin, Tone's, Trappey's, TrueNorth, Underwood, Vermont Maid, Victoria, Weber, and Wright's. It also sells, markets, and distributes household products under the Static Guard brand. B&G Foods, Inc. sells and distributes its products directly, as well as through a network of independent brokers and distributors to supermarket chains, food service 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 1996 and is headquartered in Parsippany, New Jersey.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Food & kindred products
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
Current SymbolNYSE:BGS
Previous Symbol
CUSIP05508R10
Phone973-401-6500

Debt

Debt-to-Equity Ratio2.07
Current Ratio1.61
Quick Ratio0.79

Price-To-Earnings

Trailing P/E Ratio14.47
Forward P/E Ratio15.18
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.67 billion
Price / Sales1.21
Cash Flow$2.9835 per share
Price / Cash10.28
Book Value$13.25 per share
Price / Book2.31

Profitability

EPS (Most Recent Fiscal Year)$2.12
Net Income$217.46 million
Net Margins11.09%
Return on Equity16.01%
Return on Assets3.96%

Miscellaneous

Employees2,680
Outstanding Shares65,930,000
Market Cap$1.99 billion
OptionableOptionable

B&G Foods (NYSE:BGS) Frequently Asked Questions

What is B&G Foods' stock symbol?

B&G Foods trades on the New York Stock Exchange (NYSE) under the ticker symbol "BGS."

How often does B&G Foods pay dividends? What is the dividend yield for B&G Foods?

B&G Foods announced a quarterly dividend on Monday, November 5th. Stockholders of record on Monday, December 31st will be paid a dividend of $0.475 per share on Wednesday, January 30th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 6.23%. The ex-dividend date is Friday, December 28th. View B&G Foods' Dividend History.

How will B&G Foods' stock buyback program work?

B&G Foods declared that its board has authorized a share repurchase plan on Wednesday, March 14th 2018, which authorizes the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

How were B&G Foods' earnings last quarter?

B&G Foods, Inc. (NYSE:BGS) issued its earnings results on Tuesday, October, 30th. The company reported $0.57 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.56 by $0.01. The firm earned $422.60 million during the quarter, compared to analysts' expectations of $429.53 million. B&G Foods had a return on equity of 16.01% and a net margin of 11.09%. The business's revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.55 EPS. View B&G Foods' Earnings History.

When is B&G Foods' next earnings date?

B&G Foods is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for B&G Foods.

What guidance has B&G Foods issued on next quarter's earnings?

B&G Foods updated its FY18 earnings guidance on Tuesday, October, 30th. The company provided EPS guidance of $1.98-2.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.06. The company issued revenue guidance of $1.705-$1.72 billion, compared to the consensus revenue estimate of $1.73 billion.

What price target have analysts set for BGS?

9 analysts have issued 12-month price targets for B&G Foods' shares. Their predictions range from $23.00 to $40.00. On average, they anticipate B&G Foods' share price to reach $34.25 in the next year. This suggests a possible upside of 12.3% from the stock's current price. View Analyst Price Targets for B&G Foods.

What is the consensus analysts' recommendation for B&G Foods?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for B&G Foods in the last year. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for B&G Foods.

Has B&G Foods been receiving favorable news coverage?

Press coverage about BGS stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. B&G Foods earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.

Who are some of B&G Foods' key competitors?

Who are B&G Foods' key executives?

B&G Foods' management team includes the folowing people:
  • Mr. Robert C. Cantwell, Pres, CEO & Director (Age 61)
  • Mr. Bruce C. Wacha, CFO & Exec. VP of Fin. (Age 46)
  • Mr. Scott E. Lerner, Exec. VP, Gen. Counsel, Sec. & Chief Compliance Officer (Age 45)
  • Ms. Vanessa E. Maskal, Exec. VP of Sales & Marketing (Age 61)
  • Mr. William F. Herbes, Exec. VP of Operations (Age 63)

Who are B&G Foods' major shareholders?

B&G Foods' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.35%), Ceredex Value Advisors LLC (4.69%), Diamond Hill Capital Management Inc. (3.74%), Dimensional Fund Advisors LP (2.60%), Bank of New York Mellon Corp (2.17%) and Epoch Investment Partners Inc. (2.02%). Company insiders that own B&G Foods stock include Bruce C Wacha, Cheryl M Palmer, Deann L Brunts, Robert C Cantwell and Vanessa E Maskal. View Institutional Ownership Trends for B&G Foods.

Which institutional investors are selling B&G Foods stock?

BGS stock was sold by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Deprince Race & Zollo Inc., Thompson Siegel & Walmsley LLC, Wedge Capital Management L L P NC, Russell Investments Group Ltd., Ronna Sue Cohen, Comerica Bank and Ronna Sue Cohen. Company insiders that have sold B&G Foods company stock in the last year include Cheryl M Palmer and Vanessa E Maskal. View Insider Buying and Selling for B&G Foods.

Which institutional investors are buying B&G Foods stock?

BGS stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Mirae Asset Global Investments Co. Ltd., Rehmann Capital Advisory Group, Kornitzer Capital Management Inc. KS, First Trust Advisors LP, Epoch Investment Partners Inc., Advisors Asset Management Inc. and Bank of New York Mellon Corp. Company insiders that have bought B&G Foods stock in the last two years include Bruce C Wacha, Deann L Brunts and Robert C Cantwell. View Insider Buying and Selling for B&G Foods.

How do I buy shares of B&G Foods?

Shares of BGS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is B&G Foods' stock price today?

One share of BGS stock can currently be purchased for approximately $30.51.

How big of a company is B&G Foods?

B&G Foods has a market capitalization of $1.99 billion and generates $1.67 billion in revenue each year. The company earns $217.46 million in net income (profit) each year or $2.12 on an earnings per share basis. B&G Foods employs 2,680 workers across the globe.

What is B&G Foods' official website?

The official website for B&G Foods is http://www.bgfoods.com.

How can I contact B&G Foods?

B&G Foods' mailing address is FOUR GATEHALL DRIVE SUITE 110, PARSIPPANY NJ, 07054. The company can be reached via phone at 973-401-6500.


MarketBeat Community Rating for B&G Foods (NYSE BGS)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  311 (Vote Outperform)
Underperform Votes:  396 (Vote Underperform)
Total Votes:  707
MarketBeat's community ratings are surveys of what our community members think about B&G Foods and other stocks. Vote "Outperform" if you believe BGS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BGS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/20/2018 by MarketBeat.com Staff

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