Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, B&G Foods, Inc’s stock clocked out at $7.66, up 0.13% from its previous closing price of $7.65. In other words, the price has increased by $0.13 from its previous closing price. On the day, 2.99 million shares were traded. BGS stock price reached its highest trading level at $7.7795 during the session, while it also had its lowest trading level at $7.44.
Ratios:
To gain a deeper understanding of BGS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.28. For the most recent quarter (mrq), Quick Ratio is recorded 0.49 and its Current Ratio is at 1.64. In the meantime, Its Debt-to-Equity ratio is 2.83 whereas as Long-Term Debt/Eq ratio is at 2.46.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 606395520 and an Enterprise Value of 2692045312. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 1.374 whereas that against EBITDA is 9.35.
Stock Price History:
Over the past 52 weeks, BGS has reached a high of $11.97, while it has fallen to a 52-week low of $6.12. The 50-Day Moving Average of the stock is 1.43%, while the 200-Day Moving Average is calculated to be -14.72%.
Shares Statistics:
It appears that BGS traded 1.35M shares on average per day over the past three months and 1720090 shares per day over the past ten days. A total of 79.16M shares are outstanding, with a floating share count of 76.73M. Insiders hold about 3.08% of the company’s shares, while institutions hold 65.71% stake in the company. Shares short for BGS as of 1732838400 were 10157361 with a Short Ratio of 7.50, compared to 1730332800 on 7776080. Therefore, it implies a Short% of Shares Outstanding of 10157361 and a Short% of Float of 18.8.
Dividends & Splits
With its trailing 12-month dividend rate of 0.76, BGS has a forward annual dividend rate of 0.76. Against a Trailing Annual Dividend Yield of 0.0993464The stock’s 5-year Average Dividend Yield is 8.28.
