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.
BGS was given price targets by several analysts. The most optimistic analyst gave a price target of 52, implying a possible profit of 42.27 percent. The lowest price target was 37, implying a possible loss of 1.23 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -17.96 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.45 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of BGS to grow at a rate of 31.55 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. BGS has a PEG ratio of 0.69.
In the last 52-weeks, BGS has achieved a high of 52.84 and a low of 33.05. Currently the stock is 10.59 percent higher than its low, and 30.83 percent below the high. BGS has a price/earnings 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 stock has a market capitalization of $2.46 billion. BGS is estimated to release their earnings results for the quarter on 0000-00-00, days from today.