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.

Investment analysts gave a few price targets for BGS. The most optimistic price target was 52, implying potential capital gains of 42.27 percent. The most pessimistic analyst gave a price target of 37, which equates to a potential downside 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -17.96 percent. 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of BGS to grow at a rate of 31.55 percent. It's possible to gain additional insight about growth valuation of a company by looking at 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. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.

BGS has traded between a high of 52.84 and a low of 33.05 over the past year. Today's price is 10.59 percent above the 52-week low, 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.