B&G Foods, Inc. (NYSE:BGS) went down by -5.25% from its latest closing price when compared to the 1-year high value of $27.20 and move down -88.24%, while BGS stocks collected -10.42% of loss with the last five trading sessions. Press Release reported on 11/20/19 that Green Giant Cooks Up 1,009-Pound Green Bean Casserole, Breaks Guinness World Records(TM) Title
B&G Foods, Inc. (NYSE:BGS) Worth an Investment?
B&G Foods, Inc. (NYSE: BGS) scored price to earnings ratio above its average ratio, recording 5.44 times of increase in earnings at the present.
BGS Market Performance
BGS stocks went down by -10.42% for the week, with the monthly drop of -13.83% and a quarterly performance of -16.43%, while its annual performance rate touched -43.82%. The simple moving average for the period of the last 20 days is -9.83% for BGS stocks with the simple moving average of -23.68% for the last 200 days.
Analysts’ Opinion on B&G Foods, Inc. (NYSE:BGS)
Many brokerage firms have already submitted their reports for BGS stocks, with Jefferies repeating the rating for BGS shares by setting it to “Hold”. The predicted price for BGS socks in the upcoming period according to Jefferies is $25 based on the research report published on January 23, 2020.
Jefferies, on the other hand, stated in their research note that they expect to see BGS stock at the price of $25. The rating they have provided for BGS stocks is “Hold” according to the report published on January 22, 2020.
Evercore ISI gave “In-line” rating to BGS stocks, setting the target price at $25 in the report published on June 12, 2019.
BGS Stocks -13.56% Far from 50 Day Moving Average
After a stumble in the market that brought BGS to its low price for the period of the last 52 weeks, B&G Foods, Inc. was unable to take a rebound, for now settling with -46.88% of loss for the given period.
The stock volatility was left at 3.22%, however, within the period of a single month, the volatility rate increased by 4.66%, while the shares sank at the distance of -12.48% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -9.91% lower at the present time.
In the course of the last 5 trading sessions, BGS went down by -10.42%, which changed the moving average for the period of 200 days to the total of -40.61% of losses for the stock in comparison to the 20-day moving average settled at $15.92. In addition, B&G Foods, Inc. saw -19.41% in overturn over the period of a single year with a tendency to cut further losses.
BGS Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at B&G Foods, Inc. (BGS), starting from Brunts DeAnn L, who bought 2,483 shares at the price of $18.98 back on Aug 15. After this action, Rushing now owns 22,272 shares of B&G Foods, Inc., valued at $47,130 with the latest closing price.
Romanzi Kenneth G., the EVP & Chief Operating Officer of B&G Foods, Inc., bought 1,200 shares at the value of $24.64 during a trade that took place back on Mar 04, which means that Romanzi Kenneth G. is holding 1,200 shares at the value of $29,568 based on the most recent closing price.
BGS Stock Fundamentals
The current profitability levels are settled at +9.63 for the present operating margin and +19.47 for gross margin. The net margin for B&G Foods, Inc. stands at +10.14. Total capital return value is set at 5.81, while invested capital returns managed to touch 6.12. Equity return holds the value 20.40%, with 5.50% for asset returns.
Based on B&G Foods, Inc. (BGS), the company’s capital structure generated 181.75 points for debt to equity in total, while total debt to capital is set at the value of 64.51. Total debt to assets is settled at the value of 53.55 with long-term debt to equity ratio rests at 1.50 and long-term debt to capital is 181.75.
The value for Enterprise to Sales is 1.61 with debt to enterprise value settled at 0.45. The receivables turnover for B&G Foods, Inc. is 10.93 with the total asset turnover at the value of 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.27.