B&G Foods, Inc (BGS) recent quarterly performance of -6.55% is not showing the real picture

As on Thursday, B&G Foods, Inc (NYSE: BGS) got off with the flyer as it spiked 4.06% to $8.71, before settling in for the price of $8.37 at the close. Taking a more long-term approach, BGS posted a 52-week range of $7.20-$11.97.

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The Consumer Defensive Sector giants’ yearly sales growth during the last 5-year period was 4.23%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -24.64%. This publicly-traded company’s shares outstanding now amounts to $78.62 million, simultaneously with a float of $76.83 million. The organization now has a market capitalization sitting at $689.48 million. At the time of writing, stock’s 50-day Moving Average stood at $8.33, while the 200-day Moving Average is $9.70.

B&G Foods, Inc (BGS) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Packaged Foods industry. B&G Foods, Inc’s current insider ownership accounts for 2.95%, in contrast to 67.05% institutional ownership. According to the most recent insider trade that took place on Sep 03 ’24, this organization’s EVP & PRES OF SPICES & FLAVOR sold 8,000 shares at the rate of 8.33, making the entire transaction reach 66,638 in total value, affecting insider ownership by 66,095.

B&G Foods, Inc (BGS) Earnings and Revenue Records

B&G Foods, Inc’s EPS decrease for this current 12-month fiscal period is -24.64% and is forecasted to reach 0.79 in the upcoming year.

B&G Foods, Inc (NYSE: BGS) Trading Performance Indicators

Let’s observe the current performance indicators for B&G Foods, Inc (BGS). It’s Quick Ratio in the last reported quarter now stands at 0.48. The Stock has managed to achieve an average true range (ATR) of 0.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.34. Similarly, its price to free cash flow for trailing twelve months is now 5.20.

In the same vein, BGS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.54, a figure that is expected to reach 0.20 in the next quarter, and analysts are predicting that it will be 0.79 at the market close of one year from today.

Technical Analysis of B&G Foods, Inc (BGS)

Through scrutinizing the latest numbers posted by the [B&G Foods, Inc, BGS], it can be observed that its last 5-days Average volume of 0.68 million was lower the volume of 1.04 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 52.69% While, its Average True Range was 0.26.

Raw Stochastic average of B&G Foods, Inc (BGS) in the period of the previous 100 days is set at 26.59%, which indicates a major fall in contrast to 87.10% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 34.64% that was lower than 64.42% volatility it exhibited in the past 100-days period.