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Home โบ Stocks โบ Bridgford Foods Corporation (BRID) Stock Forecast & Price Prediction United States | NASDAQ | Consumer Defensive | Packaged Foods
$7.59
+0.09 (1.13%)Did BRID Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Bridgford Foods is one of their latest high-conviction picks.
BRID has shown a year-to-date change of -2.8% and a 1-year change of -5.1%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for BRID. Please refer to the price chart above for recent performance and trends.
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.
These are the latest 20 analyst ratings and price targets for BRID.
| Date | Firm | Analyst | Rating | Change | Price Target |
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Bridgford Foods Corporation has a market capitalization of $68.85M with a P/E ratio of 82.3x. The company generates $233.75M in trailing twelve-month revenue with a -5.6% profit margin.
Revenue growth is +11.4% quarter-over-quarter, while maintaining an operating margin of +3.7% and return on equity of -10.8%.
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Produces a variety of food products.
The company generates revenue by producing and distributing a wide range of shelf-stable and refrigerated food items, including meat snacks, deli meats, and bakery goods. Bridgford Foods serves both retail and institutional customers through various channels, including supermarkets, convenience stores, and wholesale distributors in the North American market.
Established in 1932 and headquartered in Anaheim, California, the company focuses on innovation and high standards of food safety and quality, adapting to evolving consumer tastes and dietary preferences.
Consumer Defensive
Packaged Foods
649
United States
1984
Bridgford Foods is facing margin pressures due to commodity inflation, particularly in its Snack Foods division, and is struggling to raise prices sufficiently to counteract these costs.
Bridgford Foods faces margin pressure due to commodity inflation, risking profitability. Inability to raise prices may lead to declining earnings, impacting stock performance and investor confidence.
Bridgford Foods (NASDAQ: BRID) reported Q3 2024 earnings with a loss of 20 cents per share.
Bridgford Foods' negative earnings per share signals potential financial instability, which may lead to decreased investor confidence and a potential drop in stock price.
Bridgford Foods has a buy rating as it trades below tangible book value, with growth potential post-market headwinds, despite current inflationary pressures impacting margins.
Bridgford Foodsโ buy rating suggests potential upside as it trades below tangible book value, signaling a recovery opportunity when inflationary pressures ease.
Bridgford Foods Corporation is considered undervalued with a strong balance sheet. It aims to expand its distribution for growth, though it needs to restructure to recover from recent earnings declines.
Bridgford Foodsโ undervaluation, strong balance sheet, and expansion plans indicate potential for growth and improved cash flows, making it appealing amid economic challenges.
Bridgford Foods reported its best fiscal year in 2022, with a 68% increase in shareholder equity after selling a meat processing plant for $60M. Long-term debt decreased significantly, and cash rose to $16M.
Bridgford Foods' strong financial performance, significant debt reduction, and substantial equity increase highlight its growth potential and underlying asset value, making it an attractive investment opportunity.
EnWave Corporation signed a royalty-bearing license with Bridgford Foods to use its REVโข dehydration technology for military rations and sold a 120kW REVโข machine to Bridgford.
EnWave's licensing deal with Bridgford Foods expands its market reach, potentially boosting revenue through royalties and showcasing the demand for innovative food preservation technology.
Analyst forecasts for Bridgford Foods Corporation (BRID) are not currently available. The stock is trading at $7.59.
Analyst ratings for BRID are not currently available. The stock is currently trading at $7.59. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for BRID are not currently available. The stock is trading at $7.59.
The company generates revenue by producing and distributing a wide range of shelf-stable and refrigerated food items, including meat snacks, deli meats, and bakery goods. Bridgford Foods serves both retail and institutional customers through various channels, including supermarkets, convenience stores, and wholesale distributors in the North American market.
Price targets from Wall Street analysts for BRID are not currently available. The stock is trading at $7.59.
Price targets from Wall Street analysts for BRID are not currently available. The stock is trading at $7.59.
Analyst ratings for BRID are not currently available. The stock is trading at $7.59.
Stock price projections, including those for Bridgford Foods Corporation, 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.
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.