Bg Foods Stock Today

BGS Stock  USD 10.58  0.04  0.38%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 35

 
High
 
Low
Below Average
BG Foods is selling for under 10.58 as of the 19th of April 2024; that is -0.38 percent decrease since the beginning of the trading day. The stock's lowest day price was 10.52. BG Foods has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for BG Foods are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2023 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Food, Beverage & Tobacco
IPO Date
23rd of May 2007
Category
Consumer Defensive
Classification
Consumer Staples
BG Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico. BG Foods, Inc. was founded in 1822 and is headquartered in Parsippany, New Jersey. BG Foods operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. The company has 79.05 M outstanding shares of which 7.25 M shares are currently shorted by investors with about 5.46 days to cover. More on BG Foods

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BGS Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BG Foods' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BG Foods or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORobert Cantwell
Thematic IdeaFood Products (View all Themes)
Old Names[BOCHUM-GELSENK STRB - Dusseldorf Stock Exchang, Mali Lithium Limited]
Business ConcentrationPackaged Foods & Meats, Food, Beverage & Tobacco, Consumer Defensive, NYSE Composite, SP Small-Cap 600, Food Products, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Analysts covering BG Foods report their recommendations after researching BG Foods' financial statements, talking to executives and customers, or listening in on BG Foods' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering BG Foods. The BGS consensus assessment is calculated by taking the average forecast from all of the analysts covering BG Foods.
Financial Strength
Based on the key indicators related to BG Foods' liquidity, profitability, solvency, and operating efficiency, BG Foods is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of BG Foods is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.650.563
Fairly Up
Slightly volatile
Gross Profit Margin0.330.22
Way Up
Pretty Stable
Net Debt1.1 B2.1 B
Way Down
Slightly volatile
Total Current Liabilities275.5 M262.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.3 B2.4 B
Way Down
Slightly volatile
Total Assets1.8 B3.5 B
Way Down
Slightly volatile
Total Current Assets843 M802.8 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities260.1 M247.8 M
Sufficiently Up
Slightly volatile
BG Foods' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to BG Foods' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
BG Foods' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of BG Foods' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand BG Foods' financial leverage. It provides some insight into what part of BG Foods' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on BG Foods' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how BG Foods deploys its capital and how much of that capital is borrowed.
Liquidity
BG Foods cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 2.12 B in debt with debt to equity (D/E) ratio of 2.52, meaning that the company heavily relies on borrowing funds for operations. BG Foods has a current ratio of 3.2, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist BG Foods until it has trouble settling it off, either with new capital or with free cash flow. So, BG Foods' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BG Foods sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BGS to invest in growth at high rates of return. When we think about BG Foods' use of debt, we should always consider it together with cash and equity.

Capital Expenditures

20.17 Million
BG Foods (BGS) is traded on New York Stock Exchange in USA. It is located in Four Gatehall Drive, Parsippany, NJ, United States, 07054 and employs 2,912 people. BG Foods is listed under Packaged Foods & Meats category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 836.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BG Foods's market, we take the total number of its shares issued and multiply it by BG Foods's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. BG Foods runs under Food Products sector within Consumer Staples industry. The entity has 79.05 M outstanding shares of which 7.25 M shares are currently shorted by investors with about 5.46 days to cover. BG Foods has about 45.44 M in cash with 247.76 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.6.
Check BG Foods Probability Of Bankruptcy
Ownership Allocation
BG Foods secures a total of 79.05 Million outstanding shares. Over half of BG Foods' outstanding shares are owned by institutions. These institutions are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Hence, these institutions are subject to different rules and regulations than regular investors in BG Foods. Please watch out for any change in the institutional holdings of BG Foods as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check BGS Ownership Details

BGS Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of BG Foods jumping above the current price in 90 days from now is about 40.83%. The BG Foods probability density function shows the probability of BG Foods stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.7056 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, BG Foods will likely underperform. Additionally, bG Foods has an alpha of 0.0811, implying that it can generate a 0.0811 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 10.58HorizonTargetOdds Above 10.58
58.98%90 days
 10.58 
40.83%
Based on a normal probability distribution, the odds of BG Foods to move above the current price in 90 days from now is about 40.83 (This BG Foods probability density function shows the probability of BGS Stock to fall within a particular range of prices over 90 days) .

BGS Stock Institutional Holders

Institutional Holdings refers to the ownership stake in BG Foods that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of BG Foods' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing BG Foods' value.
InstituionRecorded OnShares
Goldman Sachs Group Inc2023-12-31
657.5 K
Smith Graham & Co Inv Adv, L.p.**2023-12-31
630.6 K
Citadel Advisors Llc2023-09-30
608.8 K
Hotchkis & Wiley Capital Management Llc2023-12-31
605.2 K
American Century Companies Inc2023-12-31
591.9 K
Gilman Hill Asset Management, Llc2023-12-31
561.4 K
Ubs Group Ag2023-12-31
550.8 K
Two Sigma Investments Llc2023-12-31
424.3 K
Principal Financial Group Inc2023-12-31
408.9 K
Blackrock Inc2023-12-31
12.6 M
Vanguard Group Inc2023-12-31
10 M
View BG Foods Diagnostics

BG Foods Historical Income Statement

BG Foods Income Statement is one of the three primary financial statements used for reporting BGS's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BG Foods revenue and expense. BG Foods Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, BG Foods' Depreciation And Amortization is comparatively stable compared to the past year. Interest Expense is likely to gain to about 159.8 M in 2024, whereas Gross Profit is likely to drop slightly above 263.2 M in 2024. View More Fundamentals

BGS Stock Against Markets

Picking the right benchmark for BG Foods stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BG Foods stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BG Foods is critical whether you are bullish or bearish towards BG Foods at a given time. Please also check how BG Foods' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in BG Foods without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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BG Foods Corporate Directors

BG Foods corporate directors refer to members of a BG Foods board of directors. The board of directors generally takes responsibility for the BG Foods' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of BG Foods' board members must vote for the resolution. The BG Foods board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Charles MarcyIndependent DirectorProfile
Alfred PoeIndependent DirectorProfile
Dennis MullenIndependent DirectorProfile
Cheryl PalmerIndependent DirectorProfile

How to buy BGS Stock?

Before investing in BG Foods, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in BG Foods. To buy BG Foods stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of BG Foods. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase BG Foods stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located BG Foods stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased BG Foods stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as BG Foods, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy BGS Stock please use our How to Invest in BG Foods guide.

Already Invested in BG Foods?

The danger of trading BG Foods is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BG Foods is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BG Foods. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BG Foods is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether BG Foods is a strong investment it is important to analyze BG Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BG Foods' future performance. For an informed investment choice regarding BGS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BG Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more information on how to buy BGS Stock please use our How to Invest in BG Foods guide.
Note that the BG Foods information on this page should be used as a complementary analysis to other BG Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running BG Foods' price analysis, check to measure BG Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BG Foods is operating at the current time. Most of BG Foods' value examination focuses on studying past and present price action to predict the probability of BG Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BG Foods' price. Additionally, you may evaluate how the addition of BG Foods to your portfolios can decrease your overall portfolio volatility.
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Is BG Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BG Foods. If investors know BGS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BG Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.91)
Dividend Share
0.76
Earnings Share
(0.89)
Revenue Per Share
27.769
Quarterly Revenue Growth
(0.07)
The market value of BG Foods is measured differently than its book value, which is the value of BGS that is recorded on the company's balance sheet. Investors also form their own opinion of BG Foods' value that differs from its market value or its book value, called intrinsic value, which is BG Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BG Foods' market value can be influenced by many factors that don't directly affect BG Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BG Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if BG Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BG Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.