Recent meaningful negative changes in fundamentals have impacted B&G Foods Inc (NYSE: BGS): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
B&G Foods Inc (NYSE: BGS) suffers from meaningful negative changes in investment behavior: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
BGS is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
B&G Foods has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. B&G Foods has a slightly positive Appreciation Score of 63 and a neutral Power Rating of 40, triggering the Neutral Value Trend Rating.
Recent Price Action
B&G Foods Inc (NYSE: BGS) stock closed at $7.95 on 7/1/24 after a modest decline of -1.6%. However, trading volume in this decline was below average at 69% of normal. The stock has declined -4.7% during the last week and has performed in line with the market over the last nine months.
Be the first to comment