B&G Foods, Inc (NYSE: BGS) is -23.62% lower on its value in year-to-date trading and has touched a low of $7.20 and a high of $13.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BGS stock was last observed hovering at around $8.24 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $8.02, the stock is -4.71% and -5.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.04 million and changing -2.67% at the moment leaves the stock -17.64% off its SMA200. BGS registered -36.70% loss for a year compared to 6-month loss of -17.40%.
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The stock witnessed a 1.78% gain in the last 1 month and extending the period to 3 months gives it a 0.12%, and is -4.18% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.73% over the week and 3.94% over the month.
B&G Foods, Inc (BGS) has around 2912 employees, a market worth around $634.86M and $2.00B in sales. Fwd P/E is 10.21. Profit margin for the company is -5.82%. Distance from 52-week low is 11.39% and -39.03% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.50%).
The EPS is expected to shrink by -24.68% this year.
B&G Foods, Inc (BGS) Top Institutional Holders
The shares outstanding are 78.62M, and float is at 76.77M with Short Float at 9.88%.
B&G Foods, Inc (BGS) Insider Activity
The most recent transaction is an insider purchase by SHERRILL STEPHEN,the company’sDirector. SEC filings show that SHERRILL STEPHEN bought 125,000 shares of the company’s common stock on May 13 ’24 at a price of $8.59 per share for a total of $1.07 million. Following the purchase, the insider now owns 0.27 million shares.
B&G Foods, Inc disclosed in a document filed with the SEC on May 13 ’24 that Lerner Scott E (EVP & GENERAL COUNSEL) bought a total of 11,755 shares of the company’s common stock. The trade occurred on May 13 ’24 and was made at $8.51 per share for $99979.0. Following the transaction, the insider now directly holds 0.19 million shares of the BGS stock.
Still, SEC filings show that on May 13 ’24, Wacha Bruce C (EVP OF FINANCE & CFO) acquired 5,200 shares at an average price of $8.59 for $44667.0. The insider now directly holds 91,328 shares of B&G Foods, Inc (BGS).
