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NYSE:BGS

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

$9.47
+0.08 (+0.85%)
(As of 05/24/2024 08:49 PM ET)
Today's Range
$9.40
$9.61
50-Day Range
$8.01
$11.55
52-Week Range
$7.20
$15.15
Volume
715,600 shs
Average Volume
1.11 million shs
Market Capitalization
$748.60 million
P/E Ratio
N/A
Dividend Yield
8.03%
Price Target
$9.50

B&G Foods MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
0.3% Upside
$9.50 Price Target
Short Interest
Healthy
8.12% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.45
Upright™ Environmental Score
News Sentiment
0.05mentions of B&G Foods in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$1.22 M Bought Last Quarter
Proj. Earnings Growth
6.33%
From $0.79 to $0.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.86 out of 5 stars

Consumer Staples Sector

82nd out of 127 stocks

Food & Kindred Products Industry

11th out of 14 stocks

BGS stock logo

About B&G Foods Stock (NYSE:BGS)

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.

BGS Stock Price History

BGS Stock News Headlines

B&G Foods Declares Regular Quarterly Dividend
B&G Foods Inc
B&G Foods: Q1 Earnings Snapshot
B&G Foods Ready to Report Q1 Earnings: What to Expect?
See More Headlines
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Company Calendar

Ex-Dividend for 4/30 Dividend
3/27/2024
Dividend Payable
4/30/2024
Last Earnings
5/08/2024
Today
5/26/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

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
$9.50
High Stock Price Target
$10.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+0.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$-66,200,000.00
Pretax Margin
-7.07%

Debt

Sales & Book Value

Annual Sales
$2.06 billion
Cash Flow
$2.42 per share
Book Value
$9.88 per share

Miscellaneous

Free Float
76,521,000
Market Cap
$748.60 million
Optionable
Optionable
Beta
0.70
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Key Executives

  • Mr. Kenneth Charles Keller Jr. (Age 62)
    President, CEO & Director
    Comp: $2.54M
  • Mr. Bruce C. Wacha (Age 52)
    CFO & Executive VP of Finance
    Comp: $1.02M
  • Mr. Scott E. Lerner (Age 51)
    Executive VP, General Counsel, Secretary & Chief Compliance Officer
    Comp: $963.86k
  • Mr. Jordan E. Greenberg (Age 56)
    Executive VP and President of Spices & Flavor Solutions
    Comp: $798.55k
  • Ms. Ellen M. Schum (Age 58)
    Executive VP & President of Specialty
    Comp: $907.09k
  • Mr. Michael D. Adasczik (Age 50)
    VP of Finance & Chief Accounting Officer
  • Mr. Eric H. Hart (Age 57)
    Executive VP of Human Resources & Chief Human Resources Officer
  • Ms. Tessie Gallagher
    Senior Vice President of Field Sales
  • Ms. Kristen Thompson (Age 46)
    Senior VP & President of Frozen and Vegetables
  • Mr. Marty Schoch
    Senior Vice President of Supply Chain

BGS Stock Analysis - Frequently Asked Questions

Should I buy or sell B&G Foods stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for B&G Foods in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" BGS shares.
View BGS analyst ratings
or view top-rated stocks.

What is B&G Foods' stock price target for 2024?

3 Wall Street analysts have issued twelve-month target prices for B&G Foods' stock. Their BGS share price targets range from $9.00 to $10.00. On average, they predict the company's stock price to reach $9.50 in the next year. This suggests a possible upside of 0.3% from the stock's current price.
View analysts price targets for BGS
or view top-rated stocks among Wall Street analysts.

How have BGS shares performed in 2024?

B&G Foods' stock was trading at $10.50 at the start of the year. Since then, BGS shares have decreased by 9.8% and is now trading at $9.47.
View the best growth stocks for 2024 here
.

Are investors shorting B&G Foods?

B&G Foods saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 6,800,000 shares, a drop of 6.2% from the March 31st total of 7,250,000 shares. Based on an average daily volume of 987,400 shares, the short-interest ratio is presently 6.9 days.
View B&G Foods' Short Interest
.

When is B&G Foods' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our BGS earnings forecast
.

How were B&G Foods' earnings last quarter?

B&G Foods, Inc. (NYSE:BGS) released its quarterly earnings data on Wednesday, May, 8th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by $0.02. The business earned $475.22 million during the quarter, compared to analyst estimates of $480.93 million. B&G Foods had a positive trailing twelve-month return on equity of 8.33% and a negative net margin of 5.42%. The business's revenue was down 7.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.27 EPS.

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 Tuesday, May 21st. Stockholders of record on Friday, June 28th will be paid a dividend of $0.19 per share on Tuesday, July 30th. This represents a $0.76 dividend on an annualized basis and a yield of 8.03%. The ex-dividend date of this dividend is Friday, June 28th.
Read our dividend analysis for BGS
.

Is B&G Foods a good dividend stock?

B&G Foods (NYSE:BGS) pays an annual dividend of $0.76 per share and currently has a dividend yield of 8.03%. BGS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BGS.

What ETFs hold B&G Foods' stock?

ETFs with the largest weight of B&G Foods (NYSE:BGS) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC).Invesco S&P SmallCap 600 Pure Value ETF (RZV).

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

B&G Foods issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of 0.750-0.950 for the period, compared to the consensus EPS estimate of 0.860. The company issued revenue guidance of $2.0 billion-$2.0 billion, compared to the consensus revenue estimate of $2.0 billion.

What is David L. Wenner's approval rating as B&G Foods' CEO?

15 employees have rated B&G Foods Chief Executive Officer David L. Wenner on Glassdoor.com. David L. Wenner has an approval rating of 41% among the company's employees. This puts David L. Wenner in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other B&G Foods investors own include AT&T (T), Cisco Systems (CSCO), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Intel (INTC), General Electric (GE), Johnson & Johnson (JNJ), Bank of America (BAC) and Bristol-Myers Squibb (BMY).

Who are B&G Foods' major shareholders?

B&G Foods' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.05%), Mirae Asset Global Investments Co. Ltd. (1.41%), Gilman Hill Asset Management LLC (0.74%), Empowered Funds LLC (0.35%), Janney Montgomery Scott LLC (0.33%) and GSA Capital Partners LLP (0.31%). Insiders that own company stock include Alfred Poe, Bruce C Wacha, David L Wenner, Ellen M Schum, Jordan E Greenberg, Scott E Lerner and Stephen Sherrill.
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.
Compare Top Brokerages Here.

This page (NYSE:BGS) was last updated on 5/27/2024 by MarketBeat.com Staff

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