B&G Foods stock: buy or sell?
March 31st, 2020
B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable, and frozen food and household products in the United States, Canada, and Puerto Rico.
Should I buy B&G Foods stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading strategy that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with B&G Foods stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is B&G Foods stock a buy?
Financial institutions and banks publish stock ratings everyday.Unfortunately, we couldn't detect any rating for BGS stock for the last 30 days.
B&G Foods stock analysis
After breaking up the simple moving average line of 200d yesterday, B&G Foods shares closed today at $18.09, rocketed a 7.30%.
After breaking up the simple moving average line of 200d yesterday, B&G Foods shares closed at $18.09. BGS shows a sign of strength in the short-term after finally breaking out above $18.07 on March 23rd and marking a new rising bottom.
B&G Foods shares broke up the SMA line of 200d, closing at $18.09. Early March BGS plummed a spooky -21.01% in just one week.
B&G Foods stock price history
B&G Foods stock went public on May 23rd, 2007 with a price of $6.131. Since then, BGS stock surged a 195.10%, with a yearly average of 16.30%. If you had invested $1,000 in B&G Foods stock in 2007, it would worth $1,951.00 today.
1: Adjusted price after possible price splits or reverse-splits.
B&G Foods stock historical price chart
BGS stock reached 52-week highs on May at $23.59, and all-time highs 2016-07-29 with a price of 40.82.
B&G Foods stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price prediction for B&G Foods stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, B&G Foods didn't meet the expectations of the analysts and reported a dreadful EPS of $0.34 per share when experts were expecting $0.52.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, B&G Foods annual revenues stepped up a good 3.30% to $1,700.76 M dollars from $1,646.39 marked in 2017. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) slightly fell a -3.07% to 10.14%.
|2013||$725 M||-||$52 M7.2%||-|
|2014||$848 M||16.97%||$41 M4.8%||-21.75%|
|2015||$966 M||13.96%||$69 M7.1%||68.69%|
|2016||$1,391 M||43.97%||$109 M7.9%||58.38%|
|2017||$1,646 M||18.34%||$217 M13.2%||98.73%|
|2018||$1,701 M||3.30%||$172 M10.1%||-20.71%|
Quarterly financial resultsB&G Foods reported $458.06 M in sales for 2018-Q4, a 8.39% up compared to previous quarter. Reported quarter earnings marked $111.92 million with a profit margin of 24.43%. Profit margin climbed a 16.87% compared to previous quarter when profit margin was 7.57%. When comparing revenues to same quarter last year, B&G Foods sales marked an awful drop down and eased a -6.14%. Looking back to recent quarterly results, B&G Foods posted 2 positive quarters in a row.
|2017-Q2||$368 M||-||$22 M6.0%||-|
|2017-Q3||$408 M||10.93%||$33 M8.0%||48.37%|
|2017-Q4||$488 M||19.51%||$130 M26.6%||296.91%|
|2018-Q1||$432 M||-11.53%||$21 M4.8%||-84.18%|
|2018-Q2||$388 M||-10.04%||$8 M2.1%||-61.18%|
|2018-Q3||$423 M||8.81%||$32 M7.6%||301.05%|
|2018-Q4||$458 M||8.39%||$112 M24.4%||249.89%|
|2019-Q1||$413 M||-9.89%||$17 M4.1%||-85.00%|
B&G Foods ownershipWhen you are planning to buy shares of a stock, it's always worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For B&G Foods, 2.44% of all outstanding shares are owned by its staff.
Bearish positions for BGS stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to B&G Foods:
|Market cap||$1.2 B|
|Total shares||64.0 M|
|Float shares||62.5 M|
|- Institutional holdings (%)||91.4%|
|- Insider holdings (%)||2.4%|
|Shares in short selling||0.0%|
B&G Foods summary
|Tuesday, March 31st, 2020|
|Day range||$16.79 - $18.25|
|Average true range||$2.05|
|50d mov avg||$15.04|
|100d mov avg||$15.54|
|200d mov avg||$16.48|
B&G Foods performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For B&G Foods, the benchmark is made against .