12 Month Price Forecast For BGS
Distance to BGS Price Forecasts
BGS Price Momentum
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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
BGS Price Target Range
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
Growth & Margins
Financial Health
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B&G Foods Inc (BGS) Company Overview
About B&G Foods Inc
Manufactures and sells shelf-stable food products.
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.
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
Website
www.bgfoods.comB&G Foods Inc (BGS) Latest News & Analysis
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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.