B&G Foods, Inc. (B&G Foods) is a holding company. The Company manufactures, sells and distributes a portfolio of shelf-stable and frozen foods across 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 vinegar, maple syrup, 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, nut clusters and other specialty products. Its products are marketed under various brands, including Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, New York Style, Old London, Original Tings, Ortega, Spice Islands, Spring Tree, Static Guard, Sugar Twin, Tone's, Trappey's, TrueNorth, Underwood, Vermont Maid, Victoria, Weber and Wright's.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Food Processing - NEC
- Sub-Industry: Packaged Foods & Meats
- Symbol: NYSE:BGS
- CUSIP: 05508R10
- Web: www.bgfoods.com
Capitalization:- Market Cap: $2.46 billion
- Outstanding Shares: 66,474,000
Average Prices:- 50 Day Moving Avg: $36.83
- 200 Day Moving Avg: $40.85
- 52 Week Range: $33.05 - $52.84
P/E:- Trailing P/E Ratio: 22.09
- Foreward P/E Ratio: 16.14
- P/E Growth: 5.78
Sales & Book Value:- Annual Revenue: $1.46 billion
- Price / Sales: 1.68
- Book Value: $11.90 per share
- Price / Book: 3.11
Dividend:- Annual Dividend: $1.86
- Dividend Yield: 5.0%
Profitability:- EBIDTA: $325.4 million
- Net Margins: 7.49%
- Return on Equity: 17.41%
- Return on Assets: 4.55%
Debt:- Debt-to-Equity Ratio: 2.24%
- Current Ratio: 3.47%
- Quick Ratio: 1.29%
Misc:- Average Volume: 757,941 shs.
- Beta: 0.09
- Short Ratio: 15.13
Frequently Asked Questions for B&G Foods (NYSE:BGS)
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 Wednesday, May 24th. Shareholders of record on Friday, June 30th will be paid a dividend of $0.465 per share on Monday, July 31st. This represents a $1.86 annualized dividend and a yield of 5.03%. The ex-dividend date is Wednesday, June 28th. View B&G Foods' Dividend History.
How were B&G Foods' earnings last quarter?
B&G Foods, Inc. (NYSE:BGS) released its earnings results on Thursday, May, 4th. The company reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.54 by $0.04. The firm earned $417.90 million during the quarter, compared to analysts' expectations of $413.35 million. B&G Foods had a net margin of 7.49% and a return on equity of 17.41%. B&G Foods's revenue for the quarter was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.65 earnings per share. View B&G Foods' Earnings History.
When will B&G Foods make its next earnings announcement?
What guidance has B&G Foods issued on next quarter's earnings?
B&G Foods issued an update on its FY17 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of $2.13-$2.27 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.17. The company issued revenue guidance of $1.64-$1.68 billion, compared to the consensus revenue estimate of $1.65 billion.
Where is B&G Foods' stock going? Where will B&G Foods' stock price be in 2017?
7 analysts have issued 12 month price targets for B&G Foods' stock. Their predictions range from $42.00 to $52.00. On average, they expect B&G Foods' share price to reach $46.25 in the next twelve months. View Analyst Ratings for B&G Foods.
Who are some of B&G Foods' key competitors?
Some companies that are related to B&G Foods include Darling Ingredients (DAR), Central Garden & Pet Company (CENT), Cranswick plc (CWK), Dean Foods Company (DF), Greencore Group plc (GNC), MGP Ingredients (MGPI), SunOpta (STKL), Hilton Food Group plc (HFG), Premier Foods Plc (PFD), Amira Nature Foods Ltd (ANFI), Wynnstay Group plc (WYN), Inventure Foods (SNAK), Real Good Food PLC (RGD), AdvancePierre Foods Holdings (APFH), Ingredion (CPO), Kraft Foods Group (KRFTV), Kraft Foods Group (KRFT) and Mondelez International (KFT).
Who are B&G Foods' key executives?
B&G Foods' management team includes the folowing people:
- Stephen C. Sherrill, Independent Chairman of the Board
- Robert C. Cantwell, President, Chief Executive Officer, Director
- Amy J. Chiovari, Interim Chief Financial Officer, Corporate Controller
- Eric H. Hart, Chief Human Resource Officer, Executive Vice President of Human Resources
- Scott E. Lerner, Chief Compliance Officer, Executive Vice President, , General Counsel, Secretary
- Vanessa E. Maskal, Executive Vice President - Sales and Marketing
- William F. Herbes, Executive Vice President - Operations
- William H. Wright, Executive Vice President - Quality Assurance and Research & Development
- David L. Wenner, Director
- DeAnn L. Brunts, Independent Director
Who owns B&G Foods stock?
B&G Foods' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Sit Investment Associates Inc. (0.56%), Advisors Capital Management LLC (0.52%), Russell Investments Group Ltd. (0.51%), Gilman Hill Asset Management LLC (0.20%), Wellington Shields Capital Management LLC (0.18%) and Nisa Investment Advisors LLC (0.12%). Company insiders that own B&G Foods stock include Alfred Poe, Michael A Sands, Scott E Lerner and Thomas P Crimmins. View Institutional Ownership Trends for B&G Foods.
Who sold B&G Foods stock? Who is selling B&G Foods stock?
B&G Foods' stock was sold by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., Nisa Investment Advisors LLC, Grassi Investment Management, Torch Wealth Management LLC, OLD National Bancorp IN, Capstone Asset Management Co., US Bancorp DE and Searle & CO.. View Insider Buying and Selling for B&G Foods.
Who bought B&G Foods stock? Who is buying B&G Foods stock?
B&G Foods' stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Legato Capital Management LLC, Fisher Asset Management LLC, Advisors Capital Management LLC, Gilman Hill Asset Management LLC, Aperio Group LLC, Visionary Asset Management Inc. and Diversified Trust Co. View Insider Buying and Selling for B&G Foods.
How do I buy B&G Foods stock?
Shares of B&G Foods can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is B&G Foods' stock price today?
One share of B&G Foods stock can currently be purchased for approximately $36.95.
MarketBeat Community Rating for B&G Foods (NYSE BGS)MarketBeat's community ratings are surveys of what our community members think about B&G Foods and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for B&G Foods (NYSE:BGS) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 5 Hold Ratings, 2 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.29) |
| Consensus Price Target: | $46.25 (25.17% upside) |
Analysts' Ratings History for B&G Foods (NYSE:BGS)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/20/2017 | Citigroup Inc. | Upgrade | Neutral -> Buy | $43.00 | Medium |  |
| 7/18/2017 | Royal Bank Of Canada | Reiterated Rating | Buy | $52.00 | Low | |
| 5/18/2017 | Credit Suisse Group | Downgrade | Outperform -> Neutral | $47.00 -> $42.00 | Medium | |
| 5/16/2017 | Berenberg Bank | Initiated Coverage | Hold | $43.50 | Low | |
| 5/15/2017 | BMO Capital Markets | Reiterated Rating | Hold | $45.00 | N/A | |
| 12/12/2016 | Stephens | Downgrade | Overweight -> Equal Weight | | N/A | |
| 9/23/2016 | DA Davidson | Reiterated Rating | Neutral | $52.00 | N/A | |
| 5/10/2016 | Buckingham Research | Downgrade | Buy -> Neutral | | N/A | |
| 4/7/2016 | William Blair | Downgrade | Outperform -> Market Perform | | N/A | |
| 3/22/2016 | Piper Jaffray Companies | Reiterated Rating | Neutral | $38.00 | N/A | |
| 10/20/2015 | Barclays PLC | Initiated Coverage | Equal Weight | $37.00 | N/A | |
(Data available from 7/25/2015 forward)
