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B&G Foods Inc (BGS) Stock Forecast & Price Prediction

Live BGS Stock Price & Analysis

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$7.75

+0.09 (1.17%)

12 Month Price Forecast For BGS

$7.75
Current Price
$606.40M
Market Cap
7 Ratings
Buy 0
Hold 5
Sell 2
Wall St Analyst Ratings

Distance to BGS Price Forecasts

+16.1%
To High Target of $9.00
+3.2%
To Median Target of $8.00
-9.7%
To Low Target of $7.00

BGS Price Momentum

+12.6%
1 Week Change
+23.2%
1 Month Change
-27.8%
1 Year Change
-26.2%
Year-to-Date Change
-35.3%
From 52W High of $11.97
+26.6%
From 52W Low of $6.12

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: December 13, 2024 8:48 AM UTC

BGS Analyst Ratings & Price Targets

Based on our analysis of 12 Wall Street analysts, BGS has a consensus that is neutral. The median price target is $8.00, with forecasts ranging from $7.00 to $9.00. Currently, there are 0 Buy ratings, 5 Hold ratings, and 2 Sell ratings.

With BGS currently trading at $7.75, the median price forecast suggests a 3.2% upside. The most optimistic forecast comes from David Palmer at Evercore ISI Group, projecting a 16.1% upside, while Brandt Montour at Barclays provides the most conservative target, suggesting a -9.7% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

BGS Analyst Consensus

0
Buy
5
Hold
2
Sell

BGS Price Target Range

Low
$7.00
Average
$8.00
High
$9.00
Current: $7.75

Latest BGS Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for BGS.

Date Firm Analyst Rating Change Price Target
Nov 7, 2024 Barclays Brandt Montour Equal-Weight Maintains $7.00
Nov 6, 2024 Evercore ISI Group David Palmer In-Line Maintains $9.00
Nov 6, 2024 TD Cowen Robert Moskow Sell Maintains $7.50
Aug 7, 2024 RBC Capital Nik Modi Sector Perform Reiterates $10.00
Jul 19, 2024 Barclays Brandt Montour Equal-Weight Maintains $8.00
Jul 11, 2024 Piper Sandler Michael Lavery Neutral Maintains $8.00
May 16, 2024 Piper Sandler Michael Lavery Neutral Upgrade $9.00
Feb 28, 2024 Piper Sandler Michael Lavery Underweight Maintains $9.00
Oct 12, 2023 Barclays Andrew Lazar Equal-Weight Maintains $10.00
Oct 4, 2023 Piper Sandler Michael Lavery Underweight Downgrade $8.00
Sep 19, 2023 TD Cowen Robert Moskow Underperform Maintains $9.50
Sep 13, 2023 TD Cowen Robert Moskow Underperform Initiates $10.00
Jul 28, 2023 Piper Sandler Neutral Maintains $0.00
Jul 20, 2023 Barclays Equal-Weight Maintains $0.00
May 8, 2023 Barclays Andrew Lazar Equal-Weight Maintains $16.00
Dec 1, 2022 Consumer Edge Research Connor Rattigan Underweight Downgrade $9.00
Nov 11, 2022 RBC Capital Nik Modi Sector Perform Maintains $16.00
Nov 10, 2022 Credit Suisse Robert Moskow Underperform Maintains $12.50
Nov 10, 2022 BMO Capital Kenneth Zaslow Market Perform Maintains $14.00
Aug 8, 2022 BMO Capital Kenneth Zaslow Market Perform Maintains $21.00

B&G Foods Inc (BGS) Financial Data

B&G Foods Inc has a market capitalization of $606.40M with a P/E ratio of -8.7x. The company generates $1.96B in trailing twelve-month revenue with a -1.3% profit margin.

Revenue growth is -8.3% quarter-over-quarter, while maintaining an operating margin of +11.1% and return on equity of -3.3%.

Valuation Metrics

Market Cap $606.40M
Enterprise Value $2.69B
P/E Ratio -8.7x
PEG Ratio 11.3x
Price/Sales 0.3x

Growth & Margins

Revenue Growth (YoY) -8.3%
Gross Margin +22.2%
Operating Margin +11.1%
Net Margin -1.3%
EPS Growth N/A

Financial Health

Cash/Price Ratio +8.9%
Current Ratio 1.6x
Debt/Equity 283.4x
ROE -3.3%
ROA +3.7%

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B&G Foods Inc (BGS) Company Overview

About B&G Foods Inc

What They Do

Manufactures and sells shelf-stable food products.

Business Model

The company generates revenue by manufacturing, selling, and distributing a wide range of shelf-stable and frozen food products and household items. It operates through direct sales and a network of independent brokers and distributors, catering to supermarket chains, foodservice outlets, and various retail formats.

Additional Information

B&G Foods has a diverse product portfolio under numerous well-known brands, allowing it to target various segments within the food and household products markets. Founded in 1822 and based in Parsippany, New Jersey, the company has a long-standing presence in the industry and continues to adapt to consumer demands.

Company Information

Sector

Consumer Defensive

Industry

Packaged Foods

Employees

2,686

CEO

Mr. Kenneth Charles Keller Jr.

Country

United States

IPO Year

2007

B&G Foods Inc (BGS) Latest News & Analysis

BGS stock latest news image

4 Cheap Dividend Stocks To Buy For 2025

6 days ago
Quick Summary

Small cap stocks may gain from the new administration, with four dividend stocks identified offering yields of 7% to 15.1%.

Why It Matters

Small cap stocks may see growth from favorable policies, while high-yield dividend stocks present attractive income opportunities amidst market volatility.

Source: Forbes
Market Sentiment: Positive
BGS stock latest news image

Ortegaยฎ Taps Schafer Condon Carter as New Agency of Record

7 days ago
Quick Summary

Schafer Condon Carter (SCC) partners with Ortegaยฎ to enhance brand visibility for its Mexican food products, marking SCC's expansion into the food and beverage sector.

Why It Matters

SCC's partnership with Ortega enhances its growth in the lucrative CPG sector, potentially increasing revenues and market share, which can positively impact stock performance and investor confidence.

Source: PRNewsWire
Market Sentiment: Neutral
BGS stock latest news image

BGS Stock Sinks 23% in 3 Months: Should You Buy, Hold or Fold?

7 days ago
Quick Summary

B&G Foods is experiencing short-term challenges but is positioned for long-term growth through portfolio optimization and a focus on higher-margin products.

Why It Matters

B&G Foodsโ€™ focus on higher-margin units and portfolio optimization suggests potential for improved profitability, which could enhance long-term shareholder value despite current challenges.

Source: Zacks Investment Research
Market Sentiment: Negative
BGS stock latest news image

Trade Tracker: B&G Foods, Conagra, Honda, Intuit and GXO

7 days ago
Quick Summary

The Investment Committee has announced recent changes to their portfolio, indicating active management of their investments. Further details on specific moves are not provided.

Why It Matters

Portfolio moves by the Investment Committee signal market confidence and strategic adjustments, potentially impacting stock performance and investor sentiment.

Source: CNBC Television
Market Sentiment: Neutral
BGS stock latest news image

B&G Foods: Sale Of Business Units, Positive FCF, And Cheap

10 days ago
Quick Summary

B&G Foods is selling assets from its Frozen & Vegetables unit to boost cash flow and reduce debt. The companyโ€™s history of acquisitions may enhance EBITDA margins, suggesting potential stock upside.

Why It Matters

B&G Foods' asset sales may boost cash flow and reduce debt, enhancing stock valuation. Historical brand integration could drive EBITDA growth, suggesting an undervalued stock with upside potential.

Source: Seeking Alpha
Market Sentiment: Positive
BGS stock latest news image

Wall Street's Most Accurate Analysts Weigh In On 3 Defensive Stocks With Over 5% Dividend Yields

24 days ago
Quick Summary

Investors are increasingly favoring dividend-yielding stocks during market turbulence, as these companies typically have strong cash flows and offer high dividend payouts.

Why It Matters

In turbulent markets, dividend-yielding stocks attract investors seeking stability and income, indicating potential shifts in investment strategies and market confidence.

Source: Benzinga
Market Sentiment: Positive

Frequently Asked Questions About BGS Stock

What is B&G Foods Inc's (BGS) stock forecast for 2025?

Based on our analysis of 12 Wall Street analysts, B&G Foods Inc (BGS) has a median price target of $8.00. The highest price target is $9.00 and the lowest is $7.00.

Is BGS stock a good investment in 2025?

According to current analyst ratings, BGS has 0 Buy ratings, 5 Hold ratings, and 2 Sell ratings. The stock is currently trading at $7.75. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for BGS stock?

Wall Street analysts predict BGS stock could reach $8.00 in the next 12 months. This represents a 3.2% increase from the current price of $7.75. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is B&G Foods Inc's business model?

The company generates revenue by manufacturing, selling, and distributing a wide range of shelf-stable and frozen food products and household items. It operates through direct sales and a network of independent brokers and distributors, catering to supermarket chains, foodservice outlets, and various retail formats.

What is the highest forecasted price for BGS B&G Foods Inc?

The highest price target for BGS is $9.00 from David Palmer at Evercore ISI Group, which represents a 16.1% increase from the current price of $7.75.

What is the lowest forecasted price for BGS B&G Foods Inc?

The lowest price target for BGS is $7.00 from Brandt Montour at Barclays, which represents a -9.7% decrease from the current price of $7.75.

What is the overall BGS consensus from analysts for B&G Foods Inc?

The overall analyst consensus for BGS is neutral. Out of 12 Wall Street analysts, 0 rate it as Buy, 5 as Hold, and 2 as Sell, with a median price target of $8.00.

How accurate are BGS stock price projections?

Stock price projections, including those for B&G Foods Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.