Analyst Ratings for B&G Foods Inc. (BGS)

Updated: 2017-07-26

An average rating of Hold has been given to B&G Foods Inc. (NYSE:BGS) by analysts covering the stock. BGS had previously received a consensus rating of Hold a month ago.

Of the 10 analysts covering the stock, 2 gave it a buy rating, 0 issued an overweight rating, 8 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for BGS. The maximum price target given was 52, which equates to a potential upside of 42.27 percent. The minimum price target given was 37, which equates to a potential downside of 1.23 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -17.96 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.45 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of BGS's earnings is estimated by analysts to be 31.55 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of BGS is 0.69.

In the last 52-weeks, BGS has achieved a high of 52.84 and a low of 33.05. The current market price is above the trailing year's low by 10.59 percent, and 30.83 percent below the high. BGS has a P/E ratio of 21.89. Investors typically compare the P/E ratio to a company's peers in the industry. The BGS value stock report compares BGS to some of its peers using value stock charts. The market cap of BGS is $2.46 billion. BGS will post this quarters earnings in days, on 0000-00-00.