In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $6.60 in the prior trading day, B&G Foods, Inc (NYSE: BGS) closed at $6.49, down -1.67%. In other words, the price has decreased by -$1.67 from its previous closing price. On the day, 2.5 million shares were traded. BGS stock price reached its highest trading level at $6.81 during the session, while it also had its lowest trading level at $6.46.
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 9.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.40. 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:
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 08 ’24 when SHERRILL STEPHEN bought 70,000 shares for $6.63 per share. The transaction valued at 464,296 led to the insider holds 353,084 shares of the business.
Lerner Scott E bought 7,611 shares of BGS for $49,998 on Nov 08 ’24. The EVP & GENERAL COUNSEL now owns 196,755 shares after completing the transaction at $6.57 per share. On Sep 03 ’24, another insider, Greenberg Jordan E, who serves as the EVP & PRES OF SPICES & FLAVOR of the company, sold 8,000 shares for $8.33 each. As a result, the insider received 66,638 and left with 66,095 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 513773728 and an Enterprise Value of 2599423744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.68. Its current Enterprise Value per Revenue stands at 1.327 whereas that against EBITDA is 9.029.
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 $6.56. The 50-Day Moving Average of the stock is -23.69%, while the 200-Day Moving Average is calculated to be -30.47%.
Shares Statistics:
The stock has traded on average 975.19K shares per day over the past 3-months and 2092620 shares per day over the last 10 days, according to various share statistics. A total of 78.62M shares are outstanding, with a floating share count of 76.83M. Insiders hold about 2.95% of the company’s shares, while institutions hold 66.75% stake in the company. Shares short for BGS as of 1728950400 were 7760828 with a Short Ratio of 7.96, compared to 1726185600 on 7697095. Therefore, it implies a Short% of Shares Outstanding of 7760828 and a Short% of Float of 14.37.
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 0.11515152The stock’s 5-year Average Dividend Yield is 8.28.
