B&G Foods, Inc. (BGS)

NYSE: BGS · IEX Real-Time Price · USD
23.91
+0.48 (2.05%)
Aug 8, 2022 4:00 PM EDT - Market closed
2.05%
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...]

Industry Food Products
Founded 1996
CEO Kenneth Romanzi
Employees 2,922
Stock Exchange NYSE
Ticker Symbol BGS
Full Company Profile

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 Statements

Analyst 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.

Price Target
$25.5
(6.65% upside)
Analyst Consensus: Sell
Stock Forecasts

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

Small-cap stocks that pay dividends can range from high-yield value stocks to faster-growing small-cap stocks. Here are five stocks that have growth potential and relative stability.

Other symbols: CVGWPETSSWBI

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...

7 Dividend Stocks to Avoid Despite Their Juicy Yields

Amongst the high yielders (dividend yield of 5% or higher), these seven should be considered dividend stocks to avoid. The post 7 Dividend Stocks to Avoid Despite Their Juicy Yields appeared first on In...

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Final Trades: B&G Foods, Dollar General, Veeva Systems & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: DGVEEV

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...

7 Dividend Stocks to Buy for June With Yields Over 6%

As the stock market plunges toward bear market territory, investors increasingly look for dividend stocks to buy. These are the best dividend stocks to buy now.

Other symbols: DVNGSLPETSSPGSCCOVNO

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...