B&G Foods, Inc. (BGS)
NYSE: BGS · IEX Real-Time Price · USD
11.05
-0.02 (-0.18%)
Apr 24, 2024, 4:00 PM EDT - Market closed
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 9.50, with a low estimate of 9.00 and a high estimate of 10. The average target predicts a decrease of -14.03% from the current stock price of 11.05.
Analyst Consensus: Sell
* Price targets were last updated on Feb 28, 2024.
Analyst Ratings
The average analyst rating for B&G Foods stock from 3 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 1 | 1 | 1 |
| Sell | 3 | 3 | 3 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Sell Maintains $8 → $9 | Sell | Maintains | $8 → $9 | -18.55% | Feb 28, 2024 |
| Barclays | Barclays | Hold Maintains $15 → $10 | Hold | Maintains | $15 → $10 | -9.50% | Oct 12, 2023 |
| Piper Sandler | Piper Sandler | Hold → Sell Downgrades $14 → $8 | Hold → Sell | Downgrades | $14 → $8 | -27.60% | Oct 4, 2023 |
| TD Cowen | TD Cowen | Sell Maintains $10 → $9.5 | Sell | Maintains | $10 → $9.5 | -14.03% | Sep 19, 2023 |
| TD Cowen | TD Cowen | Sell Initiates $10 | Sell | Initiates | $10 | -9.50% | Sep 13, 2023 |
Financial Forecast
Revenue This Year
2.00B
from 2.06B
Decreased by -2.88%
Revenue Next Year
2.02B
from 2.00B
Increased by 0.90%
EPS This Year
0.87
from -0.89
EPS Next Year
0.94
from 0.87
Increased by 8.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.1B | 2.1B | 2.2B |
| Avg | 2.0B | 2.0B | 2.1B |
| Low | 1.9B | 1.9B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.3% | 6.3% | 6.5% |
| Avg | -2.9% | 0.9% | 1.6% |
| Low | -6.1% | -2.8% | -2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.95 | 1.14 | 1.34 |
| Avg | 0.87 | 0.94 | 1.23 |
| Low | 0.76 | 0.69 | 1.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 30.6% | 41.5% |
| Avg | - | 8.4% | 30.6% |
| Low | - | -20.9% | 21.4% |
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.