B&G Foods, Inc. (BGS)
NYSE: BGS · Real-Time Price · USD
8.66
+0.04 (0.46%)
At close: Nov 4, 2024, 4:00 PM
8.60
-0.06 (-0.69%)
After-hours: Nov 4, 2024, 5:07 PM EST
B&G Foods Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for B&G Foods stock have an average target of 8.67, with a low estimate of 8.00 and a high estimate of 10. The average target predicts an increase of 0.12% from the current stock price of 8.66.
Analyst Consensus: Hold
* Price targets were last updated on Aug 7, 2024.
Analyst Ratings
The average analyst rating for B&G Foods stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 3 | 4 | 4 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 5 | 5 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Reiterates $10 | Hold | Reiterates | $10 | +15.47% | Aug 7, 2024 |
| Barclays | Barclays | Hold Maintains $10 → $8 | Hold | Maintains | $10 → $8 | -7.62% | Jul 19, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $9 → $8 | Hold | Maintains | $9 → $8 | -7.62% | Jul 11, 2024 |
| Piper Sandler | Piper Sandler | Sell → Hold Upgrades $9 | Sell → Hold | Upgrades | $9 | +3.93% | May 16, 2024 |
| Piper Sandler | Piper Sandler | Sell Maintains $8 → $9 | Sell | Maintains | $8 → $9 | +3.93% | Feb 28, 2024 |
Financial Forecast
Revenue This Year
1.97B
from 2.06B
Decreased by -4.48%
Revenue Next Year
1.98B
from 1.97B
Increased by 0.51%
EPS This Year
0.75
from -0.89
EPS Next Year
0.79
from 0.75
Increased by 5.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.1B | 2.1B | 2.1B |
| Avg | 2.0B | 2.0B | 2.0B |
| Low | 1.9B | 1.9B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.6% | 4.9% | 5.4% |
| Avg | -4.5% | 0.5% | 1.3% |
| Low | -7.4% | -3.1% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.81 | 0.90 | 1.04 |
| Avg | 0.75 | 0.79 | 1.00 |
| Low | 0.70 | 0.67 | 0.97 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 19.3% | 31.6% |
| Avg | - | 5.2% | 26.6% |
| Low | - | -11.4% | 22.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.