Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $6.84 in the prior trading day, B&G Foods, Inc (NYSE: BGS) closed at $6.60, down -3.51%. In other words, the price has decreased by -$3.51 from its previous closing price. On the day, 2.68 million shares were traded. BGS stock price reached its highest trading level at $6.86 during the session, while it also had its lowest trading level at $6.6.
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 10.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.06. 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:
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 541305600 and an Enterprise Value of 2548563456. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 1.319 whereas that against EBITDA is 8.887.
Stock Price History:
The Beta on a monthly basis for BGS is 0.79, which has changed by -0.42358077 over the last 52 weeks, in comparison to a change of 0.10063088 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 -0.77%, while the 200-Day Moving Average is calculated to be -14.03%.
Shares Statistics:
The stock has traded on average 1.79M shares per day over the past 3-months and 1841190 shares per day over the last 10 days, according to various share statistics. 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 68.06% stake in the company. Shares short for BGS as of 1740700800 were 13509695 with a Short Ratio of 7.55, 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
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 0.111111104The stock’s 5-year Average Dividend Yield is 8.26.
Earnings Estimates
B&G Foods, Inc (BGS) is currently under the scrutiny of 7.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.08, with high estimates of $0.11 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.75 and $0.64 for the fiscal current year, implying an average EPS of $0.68. EPS for the following year is $0.73, with 7.0 analysts recommending between $0.89 and $0.65.
Revenue Estimates
3 analysts predict $459.4M in revenue for the current quarter. It ranges from a high estimate of $461M to a low estimate of $456.2M. As of the current estimate, B&G Foods, Inc’s year-ago sales were $475.22MFor the next quarter, 3 analysts are estimating revenue of $435.7M. There is a high estimate of $435.7M for the next quarter, whereas the lowest estimate is $435.7M.
A total of 5 analysts have provided revenue estimates for BGS’s current fiscal year. The highest revenue estimate was $1.92B, while the lowest revenue estimate was $1.91B, resulting in an average revenue estimate of $1.92B. In the same quarter a year ago, actual revenue was $1.93BBased on 4 analysts’ estimates, the company’s revenue will be $1.92B in the next fiscal year. The high estimate is $1.94B and the low estimate is $1.9B.
