| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
BGS Stock Overview
B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico.
Rewards
Risk Analysis
Dividend of 8.1% is not well covered by earnings or forecast to be in the next 3 years
+ 1 more risk
B&G Foods Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$23.46 |
| 52 Week High | US$34.27 |
| 52 Week Low | US$21.05 |
| Beta | 0.30 |
| 1 Month Change | -1.55% |
| 3 Month Change | -5.02% |
| 1 Year Change | -21.96% |
| 3 Year Change | 21.81% |
| 5 Year Change | -25.29% |
| Change since IPO | 76.92% |
Recent News & Updates
B&G Foods declares $0.475 dividend
B&G Foods (NYSE:BGS) declares $0.475/share quarterly dividend, in line with previous. Forward yield 7.55% Payable Oct. 31; for shareholders of record Sept. 30; ex-div Sept. 29. See BGS Dividend Scorecard, Yield Chart, & Dividend Growth.
Shareholder Returns
| BGS | US Food | US Market | |
|---|---|---|---|
| 7D | 0.1% | 1.2% | 3.2% |
| 1Y | -22.0% | 5.0% | -10.1% |
Return vs Industry: BGS underperformed the US Food industry which returned 5.6% over the past year.
Return vs Market: BGS underperformed the US Market which returned -11.7% over the past year.
Price Volatility
| BGS volatility | |
|---|---|
| BGS Average Weekly Movement | 5.5% |
| Food Industry Average Movement | 6.2% |
| Market Average Movement | 7.7% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: BGS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BGS's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1822 | 3,096 | Casey Keller | https://www.bgfoods.com |
B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico. The company’s products include frozen and canned vegetables, vegetables, canola and other cooking oils, vegetable shortening, cooking sprays, oatmeal and other hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, baking powder and soda, corn starch, cookies and crackers, nut clusters, and other specialty products. It markets its products under various brands, including Ac’cent, B&G, B&M, Back to Nature, Baker’s Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary’s, Clabber Girl, Cream of Rice, Cream of Wheat, Crisco, Dash, Davis, Devonsheer, Don Pepino, Durkee, Emeril’s, Grandma’s Molasses, Green Giant, Joan of Arc, Las Palmas, Le Sueur, MacDonald’s, Mama Mary’s, Maple Grove Farms of Vermont, McCann’s, Molly McButter, New York Flatbreads, New York Style, Old London, Ortega, Polaner, Red Devil, Regina, Rumford, Sa-són, Sclafani, Spice Islands, Spring Tree, Sugar Twin, Tone’s, Trappey’s, TrueNorth, Underwood, Vermont Maid, Victoria, and Weber and Wright’s.
B&G Foods Fundamentals Summary
| BGS fundamental statistics | |
|---|---|
| Market Cap | US$1.68b |
| Earnings (TTM) | US$39.85m |
| Revenue (TTM) | US$2.10b |
42.2x
P/E Ratio0.8x
P/S RatioIs BGS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BGS income statement (TTM) | |
|---|---|
| Revenue | US$2.10b |
| Cost of Revenue | US$1.70b |
| Gross Profit | US$398.59m |
| Other Expenses | US$358.75m |
| Earnings | US$39.85m |
Last Reported Earnings
Jul 02, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.56 |
| Gross Margin | 19.00% |
| Net Profit Margin | 1.90% |
| Debt/Equity Ratio | 243.8% |
How did BGS perform over the long term?
See historical performance and comparisonDividends
8.1%
Current Dividend Yield321%
Payout RatioDoes BGS pay a reliable dividends?
See BGS dividend history and benchmarks| B&G Foods dividend dates | |
|---|---|
| Ex Dividend Date | Sep 29 2022 |
| Dividend Pay Date | Oct 31 2022 |
| Days until Ex dividend | 46 days |
| Days until Dividend pay date | 78 days |
Does BGS pay a reliable dividends?
See BGS dividend history and benchmarksValuation
Is BGS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BGS?
Other financial metrics that can be useful for relative valuation.
| What is BGS's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$1.68b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.9x |
| Enterprise Value/EBITDA | 15.4x |
| PEG Ratio | 1.6x |
Price to Earnings Ratio vs Peers
How does BGS's PE Ratio compare to its peers?
| BGS PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 20.3x | ||
CALM Cal-Maine Foods | 20.2x | -36.6% | US$2.7b |
IBA Industrias Bachoco. de | 7.2x | -3.9% | US$2.4b |
TR Tootsie Roll Industries | 35.1x | n/a | US$2.4b |
HAIN Hain Celestial Group | 18.7x | 20.5% | US$2.2b |
BGS B&G Foods | 42.2x | 26.4% | US$1.7b |
Price-To-Earnings vs Peers: BGS is expensive based on its Price-To-Earnings Ratio (42.2x) compared to the peer average (20.3x).
Price to Earnings Ratio vs Industry
How does BGS's PE Ratio compare vs other companies in the US Food Industry?
Price-To-Earnings vs Industry: BGS is expensive based on its Price-To-Earnings Ratio (42.2x) compared to the US Food industry average (18x)
Price to Earnings Ratio vs Fair Ratio
What is BGS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 42.2x |
| Fair PE Ratio | 26.2x |
Price-To-Earnings vs Fair Ratio: BGS is expensive based on its Price-To-Earnings Ratio (42.2x) compared to the estimated Fair Price-To-Earnings Ratio (26.2x).
Share Price vs Fair Value
What is the Fair Price of BGS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BGS ($23.46) is trading below our estimate of fair value ($69.35)
Significantly Below Fair Value: BGS is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is lower than the current share price.
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Future Growth
How is B&G Foods forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
26.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BGS's forecast earnings growth (26.4% per year) is above the savings rate (1.9%).
Earnings vs Market: BGS's earnings (26.4% per year) are forecast to grow faster than the US market (14.4% per year).
High Growth Earnings: BGS's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BGS's revenue (1.4% per year) is forecast to grow slower than the US market (7.9% per year).
High Growth Revenue: BGS's revenue (1.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BGS's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has B&G Foods performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-17.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BGS has a large one-off loss of $22.6M impacting its July 2 2022 financial results.
Growing Profit Margin: BGS's current net profit margins (1.9%) are lower than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: BGS's earnings have declined by 17% per year over the past 5 years.
Accelerating Growth: BGS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BGS had negative earnings growth (-64%) over the past year, making it difficult to compare to the Food industry average (5.4%).
Return on Equity
High ROE: BGS's Return on Equity (4.2%) is considered low.
Discover strong past performing companies
Financial Health
How is B&G Foods's financial position?
Financial Health Score
1/6Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: BGS's short term assets ($916.8M) exceed its short term liabilities ($280.1M).
Long Term Liabilities: BGS's short term assets ($916.8M) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: BGS's net debt to equity ratio (239.2%) is considered high.
Reducing Debt: BGS's debt to equity ratio has increased from 231.3% to 243.8% over the past 5 years.
Debt Coverage: BGS's debt is not well covered by operating cash flow (2.1%).
Interest Coverage: BGS's interest payments on its debt are not well covered by EBIT (1.6x coverage).
Balance Sheet
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Dividend
What is B&G Foods's current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
8.10%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BGS's dividend (8.1%) is higher than the bottom 25% of dividend payers in the US market (1.49%).
High Dividend: BGS's dividend (8.1%) is in the top 25% of dividend payers in the US market (4%)
Stability and Growth of Payments
Stable Dividend: BGS's dividends per share have been stable in the past 10 years.
Growing Dividend: BGS's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (321.3%), BGS's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (1128%), BGS's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.6yrs
Average management tenure
CEO
Casey Keller (60 yo)
1.17yrs
Tenure
US$6,040,794
Compensation
Mr. Kenneth Charles Keller, Jr., also known as Casey, has been President, Chief Executive Officer and Director at B&G Foods, Inc. since June 14, 2021. Mr. Keller serves as a Member of Advisory Council of W...
CEO Compensation Analysis
Compensation vs Market: Casey's total compensation ($USD6.04M) is about average for companies of similar size in the US market ($USD5.40M).
Compensation vs Earnings: Insufficient data to compare Casey's compensation with company performance.
Leadership Team
Experienced Management: BGS's management team is considered experienced (3.6 years average tenure).
Board Members
Experienced Board: BGS's board of directors are seasoned and experienced ( 11.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.6%.
Top Shareholders
Company Information
B&G Foods, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: B&G Foods, Inc.
- Ticker: BGS
- Exchange: NYSE
- Founded: 1822
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: US$1.681b
- Shares outstanding: 71.67m
- Website: https://www.bgfoods.com
Number of Employees
Location
- B&G Foods, Inc.
- Four Gatehall Drive
- Parsippany
- New Jersey
- 7054
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/12 00:00 |
| End of Day Share Price | 2022/08/12 00:00 |
| Earnings | 2022/07/02 |
| Annual Earnings | 2022/01/01 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.