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.
The closing price of B&G Foods, Inc (NYSE: BGS) was $7.36 for the day, down -2.26% from the previous closing price of $7.53. In other words, the price has decreased by -$2.26 from its previous closing price. On the day, 1.75 million shares were traded. BGS stock price reached its highest trading level at $7.41 during the session, while it also had its lowest trading level at $7.125.
Ratios:
Our analysis of BGS’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.64. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 582457152 and an Enterprise Value of 2622161920. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 1.357 whereas that against EBITDA is 9.143.
Stock Price History:
The Beta on a monthly basis for BGS is 0.70, which has changed by -0.33812952 over the last 52 weeks, in comparison to a change of 0.087141395 over the same period for the S&P500. Over the past 52 weeks, BGS has reached a high of $11.79, while it has fallen to a 52-week low of $5.45. The 50-Day Moving Average of the stock is 11.15%, while the 200-Day Moving Average is calculated to be -5.43%.
Shares Statistics:
BGS traded an average of 1.79M shares per day over the past three months and 2654900 shares per day over the past ten days. A total of 79.14M shares are outstanding, with a floating share count of 76.70M. Insiders hold about 3.08% of the company’s shares, while institutions hold 68.10% stake in the company. Shares short for BGS as of 1740700800 were 13509695 with a Short Ratio of 7.56, compared to 1738281600 on 10108464. Therefore, it implies a Short% of Shares Outstanding of 13509695 and a Short% of Float of 25.019999999999996.
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 0.10092961The stock’s 5-year Average Dividend Yield is 8.26.
