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B&G Foods, Inc. (BGS)

NYSE: BGS · IEX Real-Time Price · USD
29.39 -0.13 (-0.44%)
Oct 21, 2021 1:27 PM EDT - Market open
Market Cap1.93B
Revenue (ttm)1.98B
Net Income (ttm)110.41M
Shares Out64.78M
EPS (ttm)1.69
PE Ratio17.38
Forward PE13.51
Dividend$1.90 (6.46%)
Ex-Dividend DateSep 29, 2021
Volume163,269
Open29.55
Previous Close29.52
Day's Range29.29 - 29.82
52-Week Range23.77 - 45.75
Beta0.45
AnalystsHold
Price Target27.75 (-5.6%)
Est. Earnings DateNov 4, 2021

About BGS

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, oatmeal and other hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegars, maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, baking powder and soda, corn st...

IndustryFood Products
Founded1996
CEOKenneth Romanzi
Employees3,071
Stock ExchangeNYSE
Ticker SymbolBGS
Full Company Profile

Financial Performance

In 2020, B&G Foods's revenue was $1.97 billion, an increase of 18.52% compared to the previous year's $1.66 billion. Earnings were $131.99 million, an increase of 72.78%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for B&G Foods stock is "Hold." The 12-month stock price forecast is 27.75, which is a decrease of -5.58% from the latest price.

Price Target
$27.75
(-5.58% downside)
Analyst Consensus: Hold

News

Which Stocks Might Generate Higher Return Than Restaurant Brands?

We believe that there are other stocks that are currently better valued than Restaurant Brands' stock. QSR's current price-to-operating income ratio (P/EBIT) of 11.9x is higher than levels of 10.8x for ...

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3 days ago - Forbes

Bear of the Day: B&G Foods (BGS)

Food inflation is real.

1 week ago - Zacks Investment Research

Ortega® Thinks Big, Goes Small With Introduction of New Ortega® Mini Taco Slider Shells

PARSIPPANY, N.J., Oct. 4, 2021 /PRNewswire/ --  Ortega® , a leading brand of Mexican food products including taco shells, taco kits, Mexican seasonings, peppers and the number-one-selling brand of taco ...

2 weeks ago - PRNewsWire

B&G Foods Issues Voluntary Allergy Alert on Undeclared Wheat in a Limited Number of Cases of Tone's® Taco Seasoning B...

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods announced today it is voluntarily recalling 3,867 cases of 23 oz. Tone's Taco Seasoning Blend, with “best by” dates of SEPT 03 24 and SEPT 06 24, due to the ...

3 weeks ago - Business Wire

Go Big Or Go Home: Jenny Harrington's Best Ideas for Q4

Gilman Hill Asset Management CEO Jenny Harrington gives some of her best investment ideas for Q4, and says these dividend payers should be on your radar.

Other symbols:MMPSBRA
3 weeks ago - CNBC Television

B&G Foods (BGS) Hurt by Cost Inflation, Down 10% in 6 Months

B&G Foods (BGS) is encountering coronavirus-related costs for the past few quarters. Also, higher cost inflation is affecting gross margin performance.

1 month ago - Zacks Investment Research

B&G Foods to Participate at the Barclays Global Consumer Staples Conference

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that the Company will participate at the Barclays Global Consumer Staples Conference on Wednesday, September 8, 2021. The s...

1 month ago - Business Wire

B&G Foods (BGS) to Sell Portland Property to Enhance Productivity

B&G Foods (BGS) to sell its Portland, Maine manufacturing facility along with 13.5-acre waterfront property. The move will enhance the company's productivity and lower overall costs.

1 month ago - Zacks Investment Research

B&G Foods To Sell Portland Manufacturing Facility For Undisclosed Sum

B&G Foods Inc (NYSE: BGS) has signed an agreement to sell its Portland, Maine manufacturing facility and 13.5-acre waterfront property to the Institute for Digital Engineering and Life Sciences for an u...

1 month ago - Benzinga

B&G Foods Announces Sale of Portland, Maine Manufacturing Facility

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that it has reached an agreement to sell its Portland, Maine manufacturing facility and 13.5 acre waterfront property to th...

1 month ago - Business Wire

New Strong Sell Stocks for August 24th

BGS, FTHM, NTLA, LEVL, and ELOX have been added to the Zacks Rank #5 (Strong Sell) List on August 24, 2021

Other symbols:ELOXFTHMLEVLNTLA
1 month ago - Zacks Investment Research

3 Stocks to Buy With Dividends Yielding More Than 4%

You don't have to venture into the historically high-yielding industries to find big payouts these days.

Other symbols:PETSSCS
1 month ago - The Motley Fool

B&G Foods Announces At-The-Market Equity Offering Program

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that it has filed a prospectus supplement with the Securities and Exchange Commission (SEC) under which it may offer and se...

1 month ago - Business Wire

Pandemic-Led Demand Aids B&G Foods (BGS), High Costs Persist

B&G Foods (BGS) is seeing robust demand amid sustained at-home consumption trend as well as recovery in foodservice business. However, high costs are a concern.

2 months ago - Zacks Investment Research

B&G Foods (BGS) Q2 Earnings Miss Estimates, Sales Down Y/Y

B&G Foods (BGS) second-quarter fiscal 2021 results reflect lower earnings and sales on unfavorable year-over-year comparisons. Also, input cost inflation affected quarterly results.

2 months ago - Zacks Investment Research

B&G Foods (BGS) Lags Q2 Earnings Estimates

B&G Foods (BGS) delivered earnings and revenue surprises of -12.77% and 6.28%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

B&G Foods Reports Financial Results for Second Quarter 2021

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) today announced financial results for the second quarter and first two quarters of 2021. Executive Summary (vs. Second Quarter of 2020 and ...

2 months ago - Business Wire

B&G Foods Declares Regular Quarterly Dividend

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.475 per share of common stock. The dividen...

2 months ago - Business Wire

B&G Foods (BGS) Queued for Q2 Earnings: Key Things to Note

B&G Foods' (BGS) second-quarter 2021 results are likely to reflect escalated input costs for ingredients, packaging and transportation, though rising online sales have been aiding.

2 months ago - Zacks Investment Research

B&G Foods Announces Date of Second Quarter 2021 Earnings Conference Call

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that it intends to issue a press release with second quarter 2021 financial results after the market close on Thursday, Aug...

2 months ago - Business Wire

B&G Foods (BGS) Expected to Beat Earnings Estimates: Should You Buy?

B&G Foods (BGS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

A Big Acquisition Is Hiding Big Risks at B&G Foods

You have to read past the headline numbers to understand the risks B&G Foods is facing today.

2 months ago - The Motley Fool

B&G Foods Announces New Diversity Scholarship Program at The Culinary Institute of America

PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that it has founded the B&G Foods Scholarship at The Culinary Institute of America (CIA) to support individuals from divers...

3 months ago - Business Wire

B&G Foods (BGS) Poised on E-commerce Growth, Prudent Buyouts

B&G Foods (BGS) is gaining on higher online sales. The company is actively pursuing strategic acquisitions to boost growth.

3 months ago - Zacks Investment Research

Pandemic-Led Demand Aids B&G Foods (BGS), Higher Costs Hurt

B&G Foods' (BGS) retail business is benefiting from high pandemic-led at home consumption. However, rising expenses associated with COVID-19 as well as cost inflation are a concern.

4 months ago - Zacks Investment Research