B&G Foods, Inc (NYSE: BGS) kicked off on Monday, up 4.51% from the previous trading day, before settling in for the closing price of $8.21. Over the past 52 weeks, BGS has traded in a range of $7.62-$11.97.
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Consumer Defensive Sector giant saw their annual sales surged by 4.23% over the last five years. While this was happening, its average annual earnings per share was recorded -24.93%. With a float of $76.83 million, this company’s outstanding shares have now reached $78.62 million.
The firm has a total of 2912 workers. Let’s measure their productivity. 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) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Packaged Foods Industry. The insider ownership of B&G Foods, Inc is 2.95%, while institutional ownership is 65.89%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -24.93% per share during the next fiscal year.
B&G Foods, Inc (NYSE: BGS) Trading Performance Indicators
Take a look at B&G Foods, Inc’s (BGS) current performance indicators. Last quarter, stock had a quick ratio of 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34. Likewise, its price to free cash flow for the trailing twelve months is 5.12.
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 0.78 in one year’s time.
Technical Analysis of B&G Foods, Inc (BGS)
Analysing the last 5-days average volume posted by the [B&G Foods, Inc, BGS], we can find that recorded value of 0.68 million was lower than the volume posted last year of 1.01 million. As of the previous 9 days, the stock’s Stochastic %D was 42.57%. Additionally, its Average True Range was 0.24.
During the past 100 days, B&G Foods, Inc’s (BGS) raw stochastic average was set at 46.60%, which indicates a significant decrease from 82.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.04% in the past 14 days, which was higher than the 36.55% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.58, while its 200-day Moving Average is $9.42. Now, the first resistance to watch is $8.70. This is followed by the second major resistance level at $8.81. The third major resistance level sits at $9.03. If the price goes on to break the first support level at $8.37, it is likely to go to the next support level at $8.15. Should the price break the second support level, the third support level stands at $8.04.
B&G Foods, Inc (NYSE: BGS) Key Stats
The company with the Market Capitalisation of 679.19 million has total of 79,051K Shares Outstanding. Its annual sales at the moment are 2,062 M in contrast with the sum of -66,200 K annual income. Company’s last quarter sales were recorded 444,590 K and last quarter income was 3,940 K.