B&G FoodsBGS
About: B&G Foods Inc is an American packaged-food manufacturer. It operate in a single industry segment and manufacture, sell and distribute a diverse portfolio of high-quality shelf-stable and frozen foods across the United States, Canada and Puerto Rico. Its products include frozen and canned vegetables, vegetable, 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, The company's main brands are Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, MacDonald's.
Employees: 2,686
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
6% more capital invested
Capital invested by funds: $434M [Q2] → $461M (+$27.7M) [Q3]
0% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 34
1% less funds holding
Funds holding: 240 [Q2] → 237 (-3) [Q3]
2.3% less ownership
Funds ownership: 67.84% [Q2] → 65.54% (-2.3%) [Q3]
22% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 90
44% less call options, than puts
Call options by funds: $16.3M | Put options by funds: $29M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Barclays Brandt Montour 45% 1-year accuracy 37 / 83 met price target | 8%upside $7 | Equal-Weight Maintained | 7 Nov 2024 |
TD Cowen Robert Moskow 50% 1-year accuracy 30 / 60 met price target | 16%upside $7.50 | Sell Maintained | 6 Nov 2024 |
Evercore ISI Group David Palmer 50% 1-year accuracy 14 / 28 met price target | 39%upside $9 | In-Line Maintained | 6 Nov 2024 |
Financial journalist opinion
Based on 4 articles about BGS published over the past 30 days
