B&G Foods, Inc. (BGS)
NYSE: BGS · Real-Time Price · USD
6.38
+0.11 (1.75%)
At close: Nov 21, 2024, 4:00 PM
6.45
+0.07 (1.10%)
After-hours: Nov 21, 2024, 6:17 PM EST

B&G Foods Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for B&G Foods stock have an average target of 8.30, with a low estimate of 7.00 and a high estimate of 10. The average target predicts an increase of 30.09% from the current stock price of 6.38.

Analyst Consensus: Hold
Target Low Average Median High
Price $7.00 $8.30 $8.00 $10
Change +9.72% +30.09% +25.39% +56.74%

Analyst Ratings

The average analyst rating for B&G Foods stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 000000
Hold 234444
Sell 111110
Strong Sell 000001
Total 345555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Hold
Maintains
$8$7
Hold Maintains $8$7 +9.72% Nov 7, 2024
TD Cowen
TD Cowen
Strong Sell
Maintains
$8$7.5
Strong Sell Maintains $8$7.5 +17.55% Nov 6, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$10$9
Hold Maintains $10$9 +41.07% Nov 6, 2024
RBC Capital
RBC Capital
Hold
Reiterates
$10
Hold Reiterates $10 +56.74% Aug 7, 2024
Barclays
Barclays
Hold
Maintains
$10$8
Hold Maintains $10$8 +25.39% Jul 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.96B
from 2.06B
Decreased by -5.01%
Revenue Next Year
1.96B
from 1.96B
Increased by 0.05%
EPS This Year
0.71
from -0.89
EPS Next Year
0.70
from 0.71
Decreased by -2.17%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 28, 2019 Jan 2, 2021 Jan 1, 2022 Dec 31, 2022 Dec 30, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
1.66B1.97B2.06B2.16B2.06B1.96B1.96B1.97B
Revenue Growth
-2.37%18.52%4.49%5.19%-4.65%-5.01%0.05%0.66%
EPS
1.172.041.02-0.16-0.890.710.700.86
EPS Growth
-55.00%74.36%-50.00%----2.17%22.88%
Forward PE
-----8.979.167.46
No. Analysts -----884
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 2.0B 2.1B 2.1B
Avg 2.0B 2.0B 2.0B
Low 1.9B 1.9B 1.9B

Revenue Growth

Revenue Growth 202420252026
High
-0.7%
5.5%
6.2%
Avg
-5.0%
0.1%
0.7%
Low
-8.3%
-4.2%
-3.3%

EPS Forecast

EPS 202420252026
High 0.81 0.89 1.04
Avg 0.71 0.70 0.86
Low 0.66 0.54 0.74

EPS Growth

EPS Growth 202420252026
High -
24.8%
49.5%
Avg -
-2.2%
22.9%
Low -
-24.3%
5.6%
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.