B&G Foods Inc (NYSE: BGS) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, the stock fell on very heavy volume, and negative upside/downside volume developed.
B&G Foods Inc (NYSE: BGS) suffers from slight negative changes in fundamentals: significant quarterly earnings deceleration occurred.
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 64 and a neutral Power Rating of 49, triggering the Neutral Value Trend Rating.
Recent Price Action
B&G Foods Inc (NYSE: BGS) stock closed at $8.01 on 5/10/24 after a decline of -3.3%. Moreover, exceptionally high trading volume at 402% of normal accompanied the decline. The stock has declined -29.7% during the last week and has performed in line with the market over the last nine months.
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