On Tuesday, B&G Foods, Inc (NYSE: BGS) was -3.07% drop from the session before settling in for the closing price of $8.47. A 52-week range for BGS has been $7.20 – $13.15.
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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 4.23%. When this article was written, the company’s average yearly earnings per share was at -24.68%. With a float of $76.80 million, this company’s outstanding shares have now reached $78.62 million.
Let’s determine the extent of company efficiency that accounts for 2912 employees. In terms of profitability, gross margin is 21.53%, operating margin of 1.31%, and the pretax margin is -7.52%.
B&G Foods, Inc (BGS) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward B&G Foods, Inc stocks. The insider ownership of B&G Foods, Inc is 2.98%, while institutional ownership is 66.21%. The most recent insider transaction that took place on Sep 03 ’24, was worth 66,638. In this transaction EVP & PRES OF SPICES & FLAVOR of this company sold 8,000 shares at a rate of $8.33, taking the stock ownership to the 66,095 shares. Before that another transaction happened on Sep 03 ’24, when Company’s Officer proposed sale 8,000 for $8.63, making the entire transaction worth $69,040.
B&G Foods, Inc (BGS) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.27 earnings per share (EPS) during the time that was better than consensus figure (set at 0.23) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -24.68% per share during the next fiscal year.
B&G Foods, Inc (NYSE: BGS) Trading Performance Indicators
You can see what B&G Foods, Inc (BGS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.32. Likewise, its price to free cash flow for the trailing twelve months is 4.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.54, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 0.79 in one year’s time.
Technical Analysis of B&G Foods, Inc (BGS)
Looking closely at B&G Foods, Inc (NYSE: BGS), its last 5-days average volume was 0.58 million, which is a drop from its year-to-date volume of 1.05 million. As of the previous 9 days, the stock’s Stochastic %D was 39.79%. Additionally, its Average True Range was 0.26.
During the past 100 days, B&G Foods, Inc’s (BGS) raw stochastic average was set at 14.39%, which indicates a significant increase from 7.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.91% in the past 14 days, which was lower than the 63.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.27, while its 200-day Moving Average is $9.72. However, in the short run, B&G Foods, Inc’s stock first resistance to watch stands at $8.37. Second resistance stands at $8.53. The third major resistance level sits at $8.61. If the price goes on to break the first support level at $8.13, it is likely to go to the next support level at $8.04. Now, if the price goes above the second support level, the third support stands at $7.88.
B&G Foods, Inc (NYSE: BGS) Key Stats
There are 79,051K outstanding shares of the company, which has a market capitalization of 649.90 million. As of now, sales total 2,062 M while income totals -66,200 K. Its latest quarter income was 444,590 K while its last quarter net income were 3,940 K.
