Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, B&G Foods, Inc (NYSE: BGS) closed at $6.77 up 0.15% from its previous closing price of $6.76. In other words, the price has increased by $0.15 from its previous closing price. On the day, 1.24 million shares were traded. BGS stock price reached its highest trading level at $6.84 during the session, while it also had its lowest trading level at $6.65.
Ratios:
For a deeper understanding of B&G Foods, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.19. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 535765600 and an Enterprise Value of 2562017024. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 1.326 whereas that against EBITDA is 8.933.
Stock Price History:
The Beta on a monthly basis for BGS is 0.77, which has changed by -0.3900901 over the last 52 weeks, in comparison to a change of 0.097913146 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 0.33%, while the 200-Day Moving Average is calculated to be -9.33%.
Shares Statistics:
For the past three months, BGS has traded an average of 2.09M shares per day and 1505380 over the past ten days. 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 68.18% stake in the company. Shares short for BGS as of 1744675200 were 14047471 with a Short Ratio of 6.73, compared to 1741910400 on 12550485. Therefore, it implies a Short% of Shares Outstanding of 14047471 and a Short% of Float of 25.35.
Dividends & Splits
According to the company, the forward annual dividend rate for BGS is 0.76, from 0.76 in the trailing year. Against a Trailing Annual Dividend Yield of 0.11242603The stock’s 5-year Average Dividend Yield is 8.27.
