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 $4.47 down -0.22% from its previous closing price of $4.48. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 3.73 million shares were traded.
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 5.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.01. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 3.32. In the meantime, Its Debt-to-Equity ratio is 4.01 whereas as Long-Term Debt/Eq ratio is at 3.96.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 0.70.
Stock Price History:
Over the past 52 weeks, BGS has reached a high of $10.33, while it has fallen to a 52-week low of $4.30. The 50-Day Moving Average of the stock is -32.71%, while the 200-Day Moving Average is calculated to be -39.32%.
Shares Statistics:
A total of 79.80M shares are outstanding, with a floating share count of 76.92M. Insiders hold about 3.61% of the company’s shares, while institutions hold 65.76% stake in the company.
