Momentum Is Strong For B&G Foods Inc. (NYSE: BGS)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for B&G Foods Inc. (BGS) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by +$0.94, or +5.23%, to $18.93. Volume reached 168,536 shares, with price reaching a high of $19 and a low of $18.5. Earlier, Yahoo Finance discussed this stock as it revealed B&G Foods to Participate at the Barclays Global Consumer Staples Conference.

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Stocks Info

This NYSE-listed company operates within the Packaged Foods industry segment, falling under the Consumer Defensive sector. At the end of the last regular session, the stock closed at $18.50 and fluctuated between $18.83 as its day high and $18.17 as its day low. The current market capitalization of B&G Foods Inc. is $1.40B. A total of 1.05 million shares were traded on the day, compared to an average of 902.83K shares.

Insider trades can also provide insight into a stock’s future direction. During the recent three months, BGS has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 11,027 shares. Over the last 12 months, there were 24 BUYs and 16 SELLs from insiders. Insiders purchased 263,477 shares during that period but sold 82,820.

In the most recent transaction, POE ALFRED sold 13,875 shares of BGS for 20.66 per share on Sep 13. After the transaction, the Director now owns 34,007 company shares.


The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. B&G Foods Inc. pays an annual dividend of $1.90, resulting in a dividend yield of 10.27%, and it has a price to earnings (P/E) ratio of 31.04. BGS’s most recent ex-dividend date was 09/29/2022 when it declared a $0.475 quarterly dividend that was paid in cash on 10/31/2022. Previously, the company paid the dividend on 08/01/2022 with an ex-dividend date of 06/29/2022. The dividend was $0.475 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for BGS in the last 3 months, the mean price target is $22.00 with high estimates of $24.00 and low estimates of $20.00. In terms of 52-week highs and lows, BGS has a high of $34.27 and a low of $17.86.

As of this writing, BGS has an earnings estimate of $0.32 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.35 per share and a lower estimate of $0.27. The company reported an EPS of $0.07 in the last quarter, which was -74.07% lower than expectations of $0.27.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. BGS’s latest balance sheet shows that the firm has $33.69M in Cash & Short Term Investments as of fiscal 2021. There were $2.34B in debt and $244.29M in liabilities at the time. Its Book Value Per Share was $13.45, while its Total Shareholder’s Equity was $920.25M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 9 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BGS is Overweight with a score of 3.00. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 8 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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