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.
Many analysts weighed in on price targets for BGS. The most optimistic price target was 52, implying a possible profit of 42.27 percent. The most pessimistic price target was 37, implying a possible loss of 1.23 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -17.96 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.45 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' 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. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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 lower than its 52-week 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 stock has a market capitalization of $2.46 billion. BGS's next earnings release will be on 0000-00-00, which is days away.