B&G Foods, Inc. (BGS)
NYSE: BGS · IEX Real-Time Price · USD
8.18
-0.36 (-4.22%)
At close: Jul 19, 2024, 4:00 PM
7.99
-0.19 (-2.32%)
Pre-market: Jul 22, 2024, 7:00 AM EDT
B&G Foods Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for B&G Foods stock have an average target of 8.88, with a low estimate of 8.00 and a high estimate of 10. The average target predicts an increase of 8.56% from the current stock price of 8.18.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for B&G Foods stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 2 | 2 | 3 |
| Sell | 2 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $10 → $8 | Hold | Maintains | $10 → $8 | -2.20% | Jul 19, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $9 → $8 | Hold | Maintains | $9 → $8 | -2.20% | Jul 11, 2024 |
| Piper Sandler | Piper Sandler | Sell → Hold Upgrades $9 | Sell → Hold | Upgrades | $9 | +10.02% | May 16, 2024 |
| Piper Sandler | Piper Sandler | Sell Maintains $8 → $9 | Sell | Maintains | $8 → $9 | +10.02% | Feb 28, 2024 |
| Barclays | Barclays | Hold Maintains $15 → $10 | Hold | Maintains | $15 → $10 | +22.25% | Oct 12, 2023 |
Financial Forecast
Revenue This Year
1.98B
from 2.06B
Decreased by -3.94%
Revenue Next Year
2.00B
from 1.98B
Increased by 0.76%
EPS This Year
0.83
from -0.89
EPS Next Year
0.89
from 0.83
Increased by 7.56%
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 | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.5% | 5.7% | 5.2% |
| Avg | -3.9% | 0.8% | 1.2% |
| Low | -7.1% | -2.8% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.92 | 1.02 | 1.17 |
| Avg | 0.83 | 0.89 | 1.11 |
| Low | 0.73 | 0.68 | 1.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 22.4% | 30.2% |
| Avg | - | 7.6% | 23.8% |
| Low | - | -18.8% | 18.7% |
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.