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B&G Foods, Inc (NYSE: BGS) closed the day trading at $6.31 down -1.56% from the previous closing price of $6.41. In other words, the price has decreased by -$1.56 from its previous closing price. On the day, 1.89 million shares were traded.
Ratios:
For a better understanding of BGS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.84. 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:
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 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 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.95.
Stock Price History:
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 -7.01%, while the 200-Day Moving Average is calculated to be -14.97%.
Shares Statistics:
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 65.56% stake in the company.
