B&G Foods Inc (BGS)

NYSE
Currency in USD
6.43
-0.12(-1.83%)
Closed
After Hours
6.44+0.01(+0.16%)
BGS Scorecard
Full Analysis
Net income is expected to grow this year
High dividend Yield
Fair Value
Day's Range
6.386.55
52 wk Range
6.1211.97
Key Statistics
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Prev. Close
6.43
Open
6.55
Day's Range
6.38-6.55
52 wk Range
6.12-11.97
Volume
1.31M
Average Volume (3m)
1.67M
1-Year Change
-36.96%
Book Value / Share
9.54
Fair Value
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Fair Value Upside
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BGS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
7.93
Upside
+23.31%
Members' Sentiments
Bearish
Bullish
ProTips
Valuation implies a strong free cash flow yield
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B&G Foods Inc Company Profile

B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico. The company’s products include frozen and canned vegetables, vegetables, canola and other cooking oils, vegetable shortening, cooking sprays, oatmeal and other hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, crackers, baking powder and soda, corn starch, nut clusters, and other specialty products. It markets its products under various brands, including Ac’cent, B&G, B&M, Baker’s Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary’s, Clabber Girl, Cream of Rice, Cream of Wheat, Crisco, Dash, Davis, Devonsheer, Don Pepino, Durkee, Grandma’s Molasses, Green Giant, Joan of Arc, Las Palmas, Le Sueur, MacDonald’s, Mama Mary’s, Maple Grove Farms of Vermont, McCann’s, Molly McButter, New York Flatbreads, New York Style, Old London, Ortega, Polaner, Red Devil, Regina, Rumford, Sa-són, Sclafani, Spice Islands, Spring Tree, Sugar Twin, Tone’s, Trappey’s, TrueNorth, Underwood, Vermont Maid, Victoria, Weber, and Wright’s. The company also sells, markets, and distributes household products under the Static Guard brand. It sells and distributes its products directly, as well as through a network of independent brokers and distributors to supermarket chains, foodservice outlets, mass merchants, warehouse clubs, non-food outlets, and specialty distributors. The company was formerly known as B&G Foods Holdings Corp. and changed its name to B&G Foods, Inc. in October 2004. B&G Foods, Inc. was founded in 1822 and is headquartered in Parsippany, New Jersey.

Employees
2686

B&G Foods Inc SWOT Analysis


Strategic Shift
Explore B&G Foods' potential divestiture of its Frozen & Vegetables segment, representing 20% of revenue, and its implications for future growth and profitability
Financial Health
Delve into B&G Foods' financial performance, including declining organic sales and analyst projections, with EPS estimates of $0.71 for fiscal year 2024
Market Challenges
Uncover the competitive landscape and market trends affecting B&G Foods, including center-store pressures and evolving consumer preferences
Analyst Outlook
Discover varied analyst perspectives on B&G Foods, with price targets ranging from $7.00 to $10.00, reflecting the company's complex position in the market
Read full SWOT analysis

B&G Foods Inc Earnings Call Summary for Q1/2024

  • Q1 2024: Net sales $475.2M, adjusted EBITDA $75M, both down YoY; base business net sales declined $17M
  • Strategic review of frozen/vegetables unit; potential divestiture to reshape portfolio and improve financials
  • FY2024 guidance: Net sales $1.955B-$1.985B, adjusted EBITDA $300M-$320M, adjusted EPS $0.75-$0.95
  • Aims for 1-2% top-line growth, 20% EBITDA margin; expects improved retail sales trends and normal promotions in H2
  • Paid $22M on term loan B from Green Giant sale; focuses on deleveraging with pro forma adjusted net leverage ratio 4.5x-5.5x
Last Updated: 05/09/2024, 04:08 PM
Read Full Transcript

Compare BGS to Peers and Sector

Metrics to compare
BGS
Peers
Sector
Relationship
P/E Ratio
−19.4x17.0x11.7x
PEG Ratio
−0.441.690.03
Price/Book
0.7x5.8x1.5x
Price / LTM Sales
0.3x2.1x0.9x
Upside (Analyst Target)
24.0%19.1%23.5%
Fair Value Upside
Unlock15.1%10.0%Unlock

Analyst Ratings

0 Buy
5 Hold
2 Sell
Ratings:
7 analysts
Overall Consensus
Sell

Analysts 12-Month Price Target:

Average 7.93
(+23.31% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS -0.333
Dividend Yield
11.82%
Industry Median 3.35%
Annualized payout
0.7600
Paid quarterly
5-Years Growth
-16.74%
Growth Streak

Earnings

Latest Release
Nov 05, 2024
EPS / Forecast
0.13 / 0.20
Revenue / Forecast
461.07M / 473.82M
EPS Revisions
Last 90 days

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FAQ

What Is the B&G Foods (BGS) Stock Price Today?

The B&G Foods stock price today is 6.43

What Stock Exchange Does B&G Foods Trade On?

B&G Foods is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for B&G Foods?

The stock symbol for B&G Foods is "BGS."

Does B&G Foods Pay Dividends? What’s The Current Dividend Yield?

The B&G Foods dividend yield is 11.82%.

What Is the B&G Foods Market Cap?

As of today, B&G Foods market cap is 509.02M.

What is B&G Foods Earnings Per Share?

The B&G Foods EPS is -0.333.

What Is the Next B&G Foods Earnings Date?

B&G Foods will release its next earnings report on Mar 03, 2025.

From a Technical Analysis Perspective, Is BGS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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