B&G Foods Inc. (NYSE:BGS) went down by -9.41% from its latest closing price compared to the recent 1-year high of $47.84. The company’s stock price has collected -3.68% of loss in the last five trading sessions. Press Release reported 17 hours ago that B&G Foods Reports Strong Net Sales and Earnings Growth for Fourth Quarter and Full Year 2020
Is It Worth Investing in B&G Foods Inc. (NYSE :BGS) Right Now?
B&G Foods Inc. (NYSE:BGS) scored a price-to-earnings ratio above its average ratio, recording 14.97 x from its present earnings ratio. Plus, the 36-month beta value for BGS is at 0.45. Opinions of the stock are interesting as 1 analysts out of 11 who provided ratings for B&G Foods Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 9 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $28.70, which is $2.66 above the current price. BGS currently public float of 62.73M and currently shorts hold a 21.02% ratio of that float. Today, the average trading volume of BGS was 2.04M shares.
BGS’s Market Performance
BGS stocks went down by -3.68% for the week, with a monthly drop of -20.17% and a quarterly performance of 13.31%, while its annual performance rate touched 88.94%. The volatility ratio for the week stands at 4.39% while the volatility levels for the past 30 days are set at 5.05% for B&G Foods Inc.. The simple moving average for the period of the last 20 days is -13.41% for BGS stocks with a simple moving average of -1.91% for the last 200 days.
Analysts’ Opinion of BGS
Many brokerage firms have already submitted their reports for BGS stocks, with Stephens repeating the rating for BGS by listing it as a “Equal-Weight.” The predicted price for BGS in the upcoming period, according to Stephens is $27 based on the research report published on January 20th of the current year 2021.
Credit Suisse, on the other hand, stated in their research note that they expect to see BGS reach a price target of $25, previously predicting the price at $28. The rating they have provided for BGS stocks is “Underperform” according to the report published on January 05th, 2021.
BGS Trading at -11.36% from the 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, the company was unable to rebound, for now settling with -42.43% of loss for the given period.
Volatility was left at 5.05%, however, over the last 30 days, the volatility rate increased by 4.39%, as shares sank -15.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.26% lower at present.
During the last 5 trading sessions, BGS fell by -12.80%, which changed the moving average for the period of 200-days by +13.80% in comparison to the 20-day moving average, which settled at $31.55. In addition, B&G Foods Inc. saw 9.63% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at BGS starting from Wenner David L, who purchase 19,500 shares at the price of $11.86 back on Mar 13. After this action, Wenner David L now owns 725,282 shares of B&G Foods Inc., valued at $231,221 using the latest closing price.
Stock Fundamentals for BGS
Current profitability levels for the company are sitting at:
- +13.57 for the present operating margin
- +22.24 for the gross margin
The net margin for B&G Foods Inc. stands at +4.60. The total capital return value is set at 8.55, while invested capital returns managed to touch 2.91. Equity return is now at value 15.90, with 4.00 for asset returns.
Based on B&G Foods Inc. (BGS), the company’s capital structure generated 236.49 points at debt to equity in total, while total debt to capital is 70.28. Total debt to assets is 59.54, with long-term debt to equity ratio resting at 234.59. Finally, the long-term debt to capital ratio is 69.72.
When we switch over and look at the enterprise to sales, we see a ratio of 1.86, with the company’s debt to enterprise value settled at 0.62. The receivables turnover for the company is 10.85 and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.05.