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.
Several price targets were given for BGS by the analysts covering the stock. The most optimistic price target was 52, implying potential capital gains of 42.27 percent. The minimum price target given was 37, implying a possible loss of 1.23 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
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.
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 made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's 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. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. BGS has a PEG ratio of 0.69.
In the trailing 52-weeks, BGS hit 52.84 at the highest peak, while it's lowest trading point was 33.05. Currently the stock is 10.59 percent higher than its low, and below the high by 30.83 percent. 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.