Market Cap
US$1.9b
Last Updated
2021/01/19 23:32 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer and good value.
Similar Companies
Share Price & News
How has B&G Foods's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BGS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: BGS's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
10.2%
BGS
1.2%
US Food
0.3%
US Market
1 Year Return
83.2%
BGS
0.7%
US Food
21.1%
US Market
Return vs Industry: BGS exceeded the US Food industry which returned 1.1% over the past year.
Return vs Market: BGS exceeded the US Market which returned 19.5% over the past year.
Shareholder returns
| BGS | Industry | Market | |
|---|---|---|---|
| 7 Day | 10.2% | 1.2% | 0.3% |
| 30 Day | -1.5% | -1.5% | 3.3% |
| 90 Day | 4.8% | 0.9% | 14.2% |
| 1 Year | 98.7%83.2% | 3.2%0.7% | 23.8%21.1% |
| 3 Year | 13.0%-11.1% | 4.4%-4.3% | 45.0%35.4% |
| 5 Year | 16.9%-16.2% | 23.1%6.2% | 127.7%102.3% |
Long-Term Price Volatility Vs. Market
How volatile is B&G Foods's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
B&G Foods (NYSE:BGS) Takes On Some Risk With Its Use Of Debt3 weeks ago | Simply Wall St
Income Investors Should Know That B&G Foods, Inc. (NYSE:BGS) Goes Ex-Dividend Soon1 month ago | Simply Wall St
Investors Who Bought B&G Foods (NYSE:BGS) Shares A Year Ago Are Now Up 70%Valuation
Is B&G Foods undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BGS ($29.38) is trading below our estimate of fair value ($59.16)
Significantly Below Fair Value: BGS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BGS is good value based on its PE Ratio (14.5x) compared to the US Food industry average (25.4x).
PE vs Market: BGS is good value based on its PE Ratio (14.5x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: BGS is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: BGS is overvalued based on its PB Ratio (2.2x) compared to the US Food industry average (2.1x).
Next Steps
Future Growth
How is B&G Foods forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
4.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BGS's forecast earnings growth (4.9% per year) is above the savings rate (2%).
Earnings vs Market: BGS's earnings (4.9% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: BGS's earnings are forecast to grow, but not significantly.
Revenue vs Market: BGS's revenue is expected to decline over the next 3 years (-0.8% per year).
High Growth Revenue: BGS's revenue is forecast to decline over the next 3 years (-0.8% 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
Next Steps
Past Performance
How has B&G Foods performed over the past 5 years?
9.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BGS has high quality earnings.
Growing Profit Margin: BGS's current net profit margins (6.7%) are lower than last year (10.4%).
Past Earnings Growth Analysis
Earnings Trend: BGS's earnings have grown by 9.2% 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 (-24.1%) over the past year, making it difficult to compare to the Food industry average (-0.3%).
Return on Equity
High ROE: BGS's Return on Equity (15.4%) is considered low.
Next Steps
Financial Health
How is B&G Foods's financial position?
Financial Position Analysis
Short Term Liabilities: BGS's short term assets ($752.6M) exceed its short term liabilities ($294.3M).
Long Term Liabilities: BGS's short term assets ($752.6M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: BGS's debt to equity ratio (214%) is considered high.
Reducing Debt: BGS's debt to equity ratio has increased from 213.4% to 214% over the past 5 years.
Debt Coverage: BGS's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: BGS's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
Next Steps
Dividend
What is B&G Foods's current dividend yield, its reliability and sustainability?
6.47%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BGS's dividend (6.47%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: BGS's dividend (6.47%) is in the top 25% of dividend payers in the US market (3.85%)
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.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (93.6%), BGS's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BGS's dividends in 3 years are forecast to be covered by earnings (76.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Dave Wenner (71 yo)
0.17
Tenure
US$201,229
Compensation
Mr. David L. Wenner, also known as Dave, serves as Interim President and Chief Executive Officer of B&G Foods Inc. since November 15, 2020. He served as the President and Chief Executive Officer of B&G Foo...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD201.23K) is below average for companies of similar size in the US market ($USD3.88M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim President | 0.17yr | US$201.23k | 1.16% $ 21.9m | |
| CFO & Executive VP of Finance | 3.17yrs | US$933.59k | 0.012% $ 224.3k | |
| Executive VP | 15.5yrs | US$1.11m | 0.13% $ 2.4m | |
| Executive VP & Chief Supply Chain Officer | 1.83yrs | US$892.25k | 0.0086% $ 162.9k | |
| VP of Finance & Chief Accounting Officer | 2.17yrs | no data | 0.0016% $ 30.8k | |
| Executive VP of Human Resources & Chief Human Resources Officer | 5.92yrs | no data | 0.022% $ 409.5k | |
| Executive VP & Chief Commercial Officer | 1.83yrs | no data | 0.025% $ 474.0k | |
| Executive VP & Chief Customer Officer | 1.83yrs | no data | 0.0079% $ 149.3k |
2.0yrs
Average Tenure
52.5yo
Average Age
Experienced Management: BGS's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Interim President | 0.17yr | US$201.23k | 1.16% $ 21.9m | |
| Independent Chairman of the Board | 15.42yrs | US$309.98k | 0.20% $ 3.7m | |
| Independent Director | 10.25yrs | US$254.98k | 0.037% $ 703.6k | |
| Independent Director | 10.25yrs | US$244.98k | 0.085% $ 1.6m | |
| Independent Director | 24yrs | US$221.23k | 0.060% $ 1.1m | |
| Independent Director | 14.83yrs | US$239.98k | 0.072% $ 1.4m | |
| Independent Director | 5.67yrs | US$249.98k | 0.043% $ 812.3k | |
| Independent Director | 2.83yrs | US$234.98k | 0.026% $ 483.8k | |
| Independent Director | 0.50yr | no data | 0.0066% $ 125.3k |
10.3yrs
Average Tenure
66.5yo
Average Age
Experienced Board: BGS's board of directors are seasoned and experienced ( 10.3 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
B&G Foods, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: B&G Foods, Inc.
- Ticker: BGS
- Exchange: NYSE
- Founded: 1996
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: US$1.888b
- Shares outstanding: 64.25m
- Website: https://www.bgfoods.com
Number of Employees
Location
- B&G Foods, Inc.
- Four Gatehall Drive
- Parsippany
- New Jersey
- 7054
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BGS | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | May 2007 |
| DHR | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | May 2007 |
Biography
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. Its products include frozen and cann...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 23:32 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/10/03 |
| Annual Earnings | 2019/12/28 |
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.