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

$19.26
+0.18 (+0.94 %)
(As of 08/18/2019 02:22 PM ET)
Today's Range
$18.67
Now: $19.26
$19.36
50-Day Range
$17.98
MA: $19.70
$21.42
52-Week Range
$17.76
Now: $19.26
$33.00
Volume592,200 shs
Average Volume1.63 million shs
Market Capitalization$1.26 billion
P/E Ratio10.41
Dividend Yield9.96%
Beta0.46
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, oatmeal and 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. Read More…

Industry, Sector and Symbol

Industry Food & kindred products
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
CUSIP05508R10
Phone973-401-6500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.70 billion
Cash Flow$2.7752 per share
Book Value$13.28 per share

Profitability

Net Income$172.43 million

Miscellaneous

Employees2,675
Market Cap$1.26 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

Receive BGS News and Ratings via Email

Sign-up to receive the latest news and ratings for BGS and its competitors with MarketBeat's FREE daily newsletter.


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 Tuesday, July 30th. Stockholders of record on Monday, September 30th will be given a dividend of $0.475 per share on Wednesday, October 30th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 9.87%. The ex-dividend date of this dividend is Friday, September 27th. View B&G Foods' Dividend History.

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

B&G Foods announced that its Board of Directors has initiated a share buyback plan on Wednesday, March 14th 2018, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

How were B&G Foods' earnings last quarter?

B&G Foods, Inc. (NYSE:BGS) posted its earnings results on Thursday, August, 1st. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.35 by $0.03. The firm had revenue of $371.20 million for the quarter, compared to analyst estimates of $370.24 million. B&G Foods had a net margin of 10.75% and a return on equity of 13.04%. The business's revenue was down 4.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.38 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, October 29th 2019. View Earnings Estimates for B&G Foods.

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

B&G Foods issued an update on its FY19 earnings guidance on Thursday, August, 1st. The company provided earnings per share (EPS) guidance of ~$1.85-2.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.80. The company issued revenue guidance of ~$1.665-1.70 billion, compared to the consensus revenue estimate of $1.65 billion.

What price target have analysts set for BGS?

8 equities research analysts have issued 1 year price objectives for B&G Foods' stock. Their forecasts range from $19.00 to $37.50. On average, they anticipate B&G Foods' stock price to reach $26.1875 in the next year. This suggests a possible upside of 36.0% from the stock's current price. View Analyst Price Targets for B&G Foods.

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

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for B&G Foods in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for B&G Foods.

Has B&G Foods been receiving favorable news coverage?

Media coverage about BGS stock has trended negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. B&G Foods earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for B&G Foods.

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

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), General Electric (GE), Macquarie Infrastructure (MIC), Bank of America (BAC), Altria Group (MO), Intel (INTC), Verizon Communications (VZ), Cisco Systems (CSCO), Intelsat (I) and Energy Transfer LP Unit (ET).

Who are B&G Foods' key executives?

B&G Foods' management team includes the folowing people:
  • Mr. Kenneth G. Romanzi, Pres, CEO & Director (Age 59)
  • Mr. Bruce C. Wacha, CFO & Exec. VP of Fin. (Age 47)
  • Mr. Scott E. Lerner, Exec. VP, Gen. Counsel, Sec. & Chief Compliance Officer (Age 46)
  • Mr. William F. Herbes, Exec. VP of Operations (Age 64)
  • Mr. Michael D. Adasczik, VP of Fin. & Chief Accounting Officer (Age 45)

Who are B&G Foods' major shareholders?

B&G Foods' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.70%), Vanguard Group Inc. (11.77%), Cardinal Capital Management LLC CT (3.60%), Assetmark Inc. (2.38%), Diamond Hill Capital Management Inc. (2.32%) and Bank of New York Mellon Corp (2.26%). Company insiders that own B&G Foods stock include Bruce C Wacha, Cheryl M Palmer, Deann L Brunts, Kenneth G Romanzi, Robert C Cantwell and Vanessa E Maskal. View Institutional Ownership Trends for B&G Foods.

Which major investors are selling B&G Foods stock?

BGS stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., D. E. Shaw & Co. Inc., Diamond Hill Capital Management Inc., Invesco Ltd., Man Group plc, Cardinal Capital Management LLC CT, North Star Investment Management Corp. and Jennison Associates LLC. View Insider Buying and Selling for B&G Foods.

Which major investors are buying B&G Foods stock?

BGS stock was purchased by a variety of institutional investors in the last quarter, including Assetmark Inc., Vanguard Group Inc., Morgan Stanley, Nuveen Asset Management LLC, Bank of America Corp DE, Maverick Capital Ltd., Inlet Private Wealth LLC and UBS Group AG. Company insiders that have bought B&G Foods stock in the last two years include Bruce C Wacha, Deann L Brunts, Kenneth G Romanzi 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 $19.26.

How big of a company is B&G Foods?

B&G Foods has a market capitalization of $1.26 billion and generates $1.70 billion in revenue each year. The company earns $172.43 million in net income (profit) each year or $1.85 on an earnings per share basis. B&G Foods employs 2,675 workers across the globe.View Additional Information About B&G Foods.

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:  2.1 out of 5 (star star)
Outperform Votes:  327 (Vote Outperform)
Underperform Votes:  443 (Vote Underperform)
Total Votes:  770
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 8/18/2019 by MarketBeat.com Staff

Featured Article: Coverage Ratio

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel