At the time of writing, B&G Foods, Inc [BGS] stock is trading at $8.60, down -0.35%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BGS shares have gain 4.62% over the last week, with a monthly amount glided 0.47%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
B&G Foods, Inc [NYSE: BGS] stock has seen the most recent analyst activity on May 16, 2024, when Piper Sandler upgraded its rating to a Neutral but kept the price target unchanged to $9 for it. Previously, Piper Sandler downgraded its rating to Underweight on October 04, 2023, and dropped its price target to $8. On September 13, 2023, TD Cowen initiated with a Underperform rating and assigned a price target of $10 on the stock. Consumer Edge Research downgraded its rating to a Underweight but stick to its price target of $9 on December 01, 2022. Piper Sandler upgraded its rating to a Neutral and reduced its price target to $23 on June 14, 2022. Piper Sandler downgraded its rating to Underweight for this stock on November 05, 2021, but kept the price target unchanged to $27. In a note dated March 22, 2021, Piper Sandler downgraded an Neutral rating on this stock but restated the target price of $31.
For the past year, the stock price of B&G Foods, Inc fluctuated between $7.20 and $13.15. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. B&G Foods, Inc [NYSE: BGS] shares were valued at $8.60 at the most recent close of the market. An investor can expect a potential return of 109.3% based on the average BGS price forecast.
Analyzing the BGS fundamentals
According to B&G Foods, Inc [NYSE:BGS], the company’s sales were 2.00B for trailing twelve months, which represents an -5.33% plunge. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.14 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.54 points at the first support level, and at 8.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.68, and for the 2nd resistance point, it is at 8.75.
Ratios To Look Out For
It is important to note that B&G Foods, Inc [NYSE:BGS] has a current ratio of 1.63. As well, the Quick Ratio is 0.48, while the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 0.34, the price to book ratio is 0.89.
Transactions by insiders
Recent insider trading involved Lerner Scott E, EVP & GENERAL COUNSEL, that happened on May 13 ’24 when 11755.0 shares were purchased. Director, SHERRILL STEPHEN completed a deal on May 13 ’24 to buy 0.12 million shares. Meanwhile, EVP OF FINANCE & CFO Wacha Bruce C bought 5200.0 shares on May 13 ’24.
