It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for B&G Foods Inc. (BGS) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.14%, to $13.93. The B&G Foods Inc. has recorded 71,173 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that B&G Foods Completes Sale of Back to Nature.
B&G Foods Inc. is listed on the NYSE in the Consumer Defensive sector while operating in the Packaged Foods industry. At the end of the last regular session, the stock closed at $13.91 and fluctuated between $14.98 as its day high and $13.80 as its day low. The current market capitalization of B&G Foods Inc. is $973.42M. A total of 1.08 million shares were traded on the day, compared to an average of 1.39M shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, BGS has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 20,000 and the disposition of 11,027 shares. Over the last 12 months, there were 26 BUYs and 17 SELLs from insiders. Insiders purchased 285,623 shares during that period but sold 96,695.
In the most recent transaction, Wenner David L bought 20,000 shares of BGS for 14.01 per share on Nov 14. After the transaction, the Director now owns 760,392 company shares. In a previous transaction on Sep 13, POE ALFRED sold 13,875 shares at 20.66 per share. BGS shares that Director owns now total 34,007.
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. BGS’s most recent ex-dividend date was 12/29/2022 when it declared a $0.19 quarterly dividend that was paid in cash on 1/30/2023. Previously, the company paid the dividend on 10/31/2022 with an ex-dividend date of 9/29/2022. The BGS stock dividend was $0.4750 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for BGS in the last 3 months, the mean price target is $12.64 with high estimates of $16.00 and low estimates of $9.00. In terms of 52-week highs and lows, BGS has a high of $32.21 and a low of $10.91.
As of this writing, BGS has an earnings estimate of $0.31 per share for the current quarter. EPS was calculated based on a consensus of 8 estimates, with a high estimate of $0.34 per share and a lower estimate of $0.27. The company reported an EPS of $0.34 in the last quarter, which was -12.80% lower than expectations of $0.39.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 8 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 6 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 2 thought it should be Sold.