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After finishing at $6.10 in the prior trading day, B&G Foods, Inc (NYSE: BGS) closed at $5.98, down -1.97%. In other words, the price has decreased by -$1.97 from its previous closing price. On the day, 3.81 million shares were traded. BGS stock price reached its highest trading level at $6.05 during the session, while it also had its lowest trading level at $5.745.
Ratios:
Our goal is to gain a better understanding of BGS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.58. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 3.30. In the meantime, Its Debt-to-Equity ratio is 3.96 whereas as Long-Term Debt/Eq ratio is at 3.91.
On October 04, 2023, Piper Sandler Downgraded its rating to Underweight which previously was Neutral and also lowered its target price recommendation from $14 to $8.
On September 13, 2023, TD Cowen started tracking the stock assigning a Underperform rating and target price of $10.TD Cowen initiated its Underperform rating on September 13, 2023, with a $10 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 15 ’24 when Hart Eric H bought 5,000 shares for $6.25 per share. The transaction valued at 31,238 led to the insider holds 88,899 shares of the business.
Vogel Andrew D bought 7,500 shares of BGS for $47,700 on Nov 13 ’24. The EVP, PRESIDENT OF MEALS now owns 37,064 shares after completing the transaction at $6.36 per share. On Nov 08 ’24, another insider, SHERRILL STEPHEN, who serves as the Director of the company, bought 70,000 shares for $6.63 each. As a result, the insider paid 464,296 and bolstered with 353,084 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BGS now has a Market Capitalization of 473246432 and an Enterprise Value of 2546980608. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 1.318 whereas that against EBITDA is 8.881.
Stock Price History:
The Beta on a monthly basis for BGS is 0.78, which has changed by -0.45388126 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, BGS has reached a high of $11.72, while it has fallen to a 52-week low of $5.45. The 50-Day Moving Average of the stock is -10.13%, while the 200-Day Moving Average is calculated to be -20.80%.
Shares Statistics:
The stock has traded on average 1.98M shares per day over the past 3-months and 2565200 shares per day over the last 10 days, according to various share statistics. A total of 79.14M shares are outstanding, with a floating share count of 76.28M. Insiders hold about 3.61% of the company’s shares, while institutions hold 68.03% stake in the company. Shares short for BGS as of 1741910400 were 12550485 with a Short Ratio of 6.34, compared to 1739491200 on 12242618. Therefore, it implies a Short% of Shares Outstanding of 12550485 and a Short% of Float of 23.25.
Dividends & Splits
In the trailing 12 months, BGS’s forward annual dividend rate was 0.76, compared to 0.76 this year. Against a Trailing Annual Dividend Yield of 0.124590166The stock’s 5-year Average Dividend Yield is 8.27.
