B&G Foods, Inc. (BGS)
| Market Cap | 1.71B |
| Revenue (ttm) | 2.10B |
| Net Income (ttm) | 39.85M |
| Shares Out | 71.67M |
| EPS (ttm) | 0.95 |
| PE Ratio | 25.17 |
| Forward PE | 15.82 |
| Dividend | $1.90 (7.95%) |
| Ex-Dividend Date | Sep 29, 2022 |
| Volume | 1,372,989 |
| Open | 23.31 |
| Previous Close | 23.43 |
| Day's Range | 23.22 - 23.93 |
| 52-Week Range | 21.05 - 34.27 |
| Beta | 0.30 |
| Analysts | Sell |
| Price Target | 25.50 (+6.6%) |
| Earnings Date | Aug 4, 2022 |
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, 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, ... [Read more...]
Financial Performance
In 2021, B&G Foods's revenue was $2.06 billion, an increase of 4.49% compared to the previous year's $1.97 billion. Earnings were $67.36 million, a decrease of -48.96%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for BGS stock is "Sell." The 12-month stock price forecast is 25.5, which is an increase of 6.65% from the latest price.
News
Why B&G Foods Stock Fell 13% at the Open Today
The food maker got hit after it reported earnings. The numbers weren't great, but it was the outlook that was probably the big concern.
B&G Foods (BGS) Cuts View as Q2 Earnings Miss on Cost Inflation
B&G Foods' (BGS) second-quarter fiscal 2022 results reflect gains from high demand and pricing actions, whereas the escalated input cost inflation hurts earnings. The company lowers the adjusted EPS view.
B&G Foods (BGS) Q2 Earnings Lag Estimates
B&G Foods (BGS) delivered earnings and revenue surprises of -74.07% and 0%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
B&G Foods Reports Financial Results for Second Quarter 2022
PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) today announced financial results for the second quarter and first two quarters of 2022. Summary Second Quart...
Is B&G Foods (BGS) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...
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...
SNICKERS™ Seasoning Blend Launches Nationwide
B&G Foods Releases New Seasoning Featuring the Classic Flavor Profile of SNICKERS® That's Sure To Satisfy! PARSIPPANY, N.J.
B&G Foods Announces Date of Second Quarter 2022 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 2022 financial results after the market close on Thursday, Aug...
The 5 Best Small-Cap Dividend Stocks
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B&G Foods (BGS) Down 15% in 3 Months: High Costs a Key Reason
B&G Foods (BGS) expects to keep seeing significant cost inflation for inputs, such as ingredients, packaging and transportation, in fiscal 2022.
B&G Foods Announces Credit Agreement Amendment
PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that it has completed an amendment to its senior secured credit facility to temporarily increase the maximum consolidated l...
Final Trades: B&G Foods, Dollar General, Veeva Systems & more
The "Halftime Report" traders give their top picks to watch for the second half.
B&G Foods' (BGS) New Business Unit Structure to Boost Growth
B&G Foods (BGS) is forming four business units, Spices & Seasonings, Meals, Frozen & Vegetables and Specialty.
B&G Foods Announces Formation of Business Units and Senior Leadership Appointments
PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today the formation of four business units and senior leadership appointments to establish clear focus and expectations and drive...
B&G Foods (BGS) Troubled by Cost Inflation, Supply-Chain Woes
B&G Foods (BGS) has been encountering industry-wide inflation in input costs and supply-chain bottlenecks. Management cuts its adjusted EBITDA and EPS forecast due to cost inflation.
Bear of the Day: B&G Foods (BGS)
Cost inflation is hitting the maker of Green Giant.
New Strong Sell Stocks for May 9th
AXAHY, BGS, and AAGIY have been added to the Zacks Rank #5 (Strong Sell) List on May 9, 2022.
B&G Foods (BGS) Q1 Earnings Miss Estimates, EPS View Lowered
B&G Foods' (BGS) first-quarter fiscal 2022 results reflect gains from high demand and pricing actions, whereas the escalated input cost inflation hurts margins.
B&G Foods (BGS) Q1 Earnings Lag Estimates
B&G Foods (BGS) delivered earnings and revenue surprises of -12.82% and 4.30%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
B&G Foods Acquires Frozen Vegetable Manufacturing Operations of Growers Express
PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced that effective today it has acquired the frozen vegetable manufacturing operations of Growers Express, LLC. Growers Express is an...
B&G Foods Reports Financial Results for First Quarter 2022
PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) today announced financial results for the first quarter of 2022. Summary Q1 2022 (In millions, except per share data) Cha...
B&G Foods' (BGS) to Report Q1 Earnings: What's in the Offing?
B&G Foods' (BGS) first-quarter 2022 performance will likely reflect gains from higher demand and strategic buyouts. However, escalated cost inflation is a concern.
Ortega® Celebrates Cinco de Mayo with a 'Year of Free Tacos' Sweepstakes
New survey from Ortega® finds Americans would give up coffee, social media, and even sports in exchange for a year of free tacos PARSIPPANY, N.J. , May 2, 2022 /PRNewswire/ -- Ortega® , a leading brand...