B&G Foods Inc (BGS) Stock Price & News - Google Finance (2024)

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B&G Foods Inc (BGS) Stock Price & News - Google Finance? ›

B&G Foods, Inc.

may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of BGS, demonstrate its potential to outperform the market. It currently has a Growth Score of B.

B&G Foods, Inc.

may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of BGS, demonstrate its potential to outperform the market. It currently has a Growth Score of B.

Largest shareholders include BlackRock Inc., Vanguard Group Inc, IJR - iShares Core S&P Small-Cap ETF, State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Charles Schwab Investment Management Inc, NAESX - Vanguard Small-Cap Index Fund Investor Shares, IWM - iShares Russell 2000 ETF, Geode ...

The average price target is $9.80 with a high forecast of $11.00 and a low forecast of $8.00.

Financial Health criteria checks 1/6

B&G Foods has a total shareholder equity of $781.2M and total debt of $2.0B, which brings its debt-to-equity ratio to 260.6%. Its total assets and total liabilities are $3.4B and $2.6B respectively. B&G Foods's EBIT is $234.3M making its interest coverage ratio 1.6.

B&G is a privately owned franchise of Taco Bell's and other fast food chains. Currently, Pelican helps with the maintenance on close to 160 stores along the Gulf Coast.

B&G Foods plans asset sale, cuts sales, profit forecasts

B&G Foods said it has been evaluating potential divestitures that “represent between 10% to 15% of the company's consolidated net sales”.

B&G Foods, Inc. is an American branded foods holding company based in Parsippany, New Jersey.

B&G Foods is privately held, with more than 75 percent of its stock owned by the investment firm of Bruckman, Rosser, Sherrill & Co.

B&G Foods net worth as of May 22, 2024 is $0.76B.

Did BGS cut their dividend? ›

Although the company has a long dividend history, it has been cut at least once in the last 10 years. The annual payment during the last 10 years was $1.16 in 2014, and the most recent fiscal year payment was $0.76. Doing the maths, this is a decline of about 4.1% per year.

Regular payouts for BGS are paid quarterly.

Institutions that own BGS

The Vanguard Group, Inc. Charles Schwab Investment Management, Inc. Kornitzer Capital Management, Inc.

BGS is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 13.11. This compares to its industry's average Forward P/E of 16.78. Over the last 12 months, BGS's Forward P/E has been as high as 15.14 and as low as 7.60, with a median of 12.24.

In 2015, General Mills sold the brand to B&G Foods for $765 million in cash. In Canada, the brand Le Sieur has been used since at least 1964, instead of Le Sueur – presumably to avoid the implications of the French word sueur (i.e., "sweat").

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The symbol for GBS Inc. is GBS and it is traded on the NASDAQ (NASDAQ Stock Exchange). GBS Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate.

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