Stock Rating Downgrade
In the last week the Value Trend Rating for B&G Foods Inc (NYSE: BGS) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
B&G Foods Inc (NYSE: BGS) stock declined slightly by -0.4% on 4/8/24. The stock closed at $10.98. However, trading volume in this decline was exceptionally low at 46% of normal. The stock has been weak relative to the market over the last nine months and has declined -4.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, BGS is expected to continue to be a Value Builder.
B&G Foods has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. B&G Foods has a neutral Appreciation Score of 48 and a slightly negative Power Rating of 37, with the Negative Value Trend Rating the result.
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