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

$16.80
+0.06 (+0.36 %)
(As of 03/29/2020 05:49 AM ET)
Today's Range
$16.38
Now: $16.80
$17.20
50-Day Range
$11.63
MA: $15.05
$17.61
52-Week Range
$10.39
Now: $16.80
$26.13
Volume1.54 million shs
Average Volume2.59 million shs
Market Capitalization$1.08 billion
P/E Ratio14.24
Dividend Yield11.35%
Beta0.58
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. 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, Ortega, 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.66 billion
Cash Flow$2.82 per share
Book Value$12.69 per share

Profitability

Net Income$76.39 million

Miscellaneous

Employees2,899
Market Cap$1.08 billion
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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

How has B&G Foods' stock been impacted by COVID-19 (Coronavirus)?

B&G Foods' stock was trading at $15.02 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BGS stock has increased by 11.9% and is now trading at $16.80. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 and 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for B&G Foods.

When is B&G Foods' next earnings date?

B&G Foods is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for B&G Foods.

How were B&G Foods' earnings last quarter?

B&G Foods, Inc. (NYSE:BGS) posted its earnings results on Tuesday, February, 25th. The company reported $0.28 earnings per share for the quarter, hitting the consensus estimate of $0.28. The business had revenue of $470.17 million for the quarter, compared to analyst estimates of $465.82 million. B&G Foods had a return on equity of 12.50% and a net margin of 4.60%. The firm's revenue was up 2.6% compared to the same quarter last year. During the same period last year, the firm posted $0.34 EPS. View B&G Foods' earnings history.

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

B&G Foods declared a quarterly dividend on Monday, February 24th. Investors of record on Tuesday, March 31st will be given a dividend of $0.475 per share on Thursday, April 30th. This represents a $1.90 dividend on an annualized basis and a yield of 11.31%. The ex-dividend date is Monday, March 30th. View B&G Foods' dividend history.

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

B&G Foods updated its FY20 earnings guidance on Tuesday, February, 25th. The company provided earnings per share (EPS) guidance of $1.60-1.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.67. The company issued revenue guidance of $1.66-1.68 billion, compared to the consensus revenue estimate of $1.67 billion.

What price target have analysts set for BGS?

8 Wall Street analysts have issued 1-year price targets for B&G Foods' shares. Their forecasts range from $15.00 to $25.00. On average, they expect B&G Foods' stock price to reach $17.25 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. View analysts' price targets for B&G Foods.

Has B&G Foods been receiving favorable news coverage?

Media stories about BGS stock have trended somewhat positive on Sunday, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. B&G Foods earned a news sentiment score of 1.2 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutB&G Foods.

Are investors shorting B&G Foods?

B&G Foods saw a drop in short interest during the month of March. As of March 13th, there was short interest totaling 21,603,800 shares, a drop of 13.1% from the February 27th total of 24,850,000 shares. Based on an average daily trading volume, of 1,610,000 shares, the days-to-cover ratio is presently 13.4 days. Currently, 34.6% of the company's stock are short sold. View B&G Foods' Current Options Chain.

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), Bank of America (BAC), Macquarie Infrastructure (MIC), Intel (INTC), Cisco Systems (CSCO), Verizon Communications (VZ), Altria Group (MO), AbbVie (ABBV) and Ford Motor (F).

Who are B&G Foods' key executives?

B&G Foods' management team includes the following 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)

What is B&G Foods' stock symbol?

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

Who are B&G Foods' major shareholders?

B&G Foods' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Champlain Investment Partners LLC (5.17%), Assetmark Inc. (3.61%), State Street Corp (3.26%), Bank of New York Mellon Corp (2.62%), Diamond Hill Capital Management Inc. (2.46%) and FMR LLC (1.92%). Company insiders that own B&G Foods stock include Cheryl M Palmer, David L Wenner, Deann L Brunts and Kenneth G Romanzi. 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 SG Americas Securities LLC, Russell Investments Group Ltd., Geode Capital Management LLC, UBS Group AG, Inlet Private Wealth LLC, Private Advisor Group LLC, Oppenheimer & Co. Inc., and Nuveen Asset Management LLC. View insider buying and selling activity 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 Champlain Investment Partners LLC, Capital Management Corp VA, Norges Bank, Smith Graham & Co. Investment Advisors LP, FMR LLC, Assetmark Inc., Bank of New York Mellon Corp, and Personal Resources Investment & Strategic Management Inc.. Company insiders that have bought B&G Foods stock in the last two years include David L Wenner, Deann L Brunts, and Kenneth G Romanzi. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is B&G Foods' stock price today?

One share of BGS stock can currently be purchased for approximately $16.80.

How big of a company is B&G Foods?

B&G Foods has a market capitalization of $1.08 billion and generates $1.66 billion in revenue each year. The company earns $76.39 million in net income (profit) each year or $1.64 on an earnings per share basis. B&G Foods employs 2,899 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:  347 (Vote Outperform)
Underperform Votes:  472 (Vote Underperform)
Total Votes:  819
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 3/29/2020 by MarketBeat.com Staff

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