B&G Foods is part of the consumer packaged goods industry and is part of the consumer defensive sector. The company CEO is Kenneth G. Romanzi. B&G Foods Inc processes and sells packaged food products in the United States. Through its brands such as Ac’cent, B&G, B&M and Baker’s Joy it sells vegetables, canned meats, spices and other packaged food products.
Previous Intraday Trading Performance:
The BGS stock showed a previous change of -0.87% with an open at 23.30 and a close of 22.77. It reached an intraday high of 23.30 and a low of 22.67.
The stock has a market cap of $1.5b with 65.3m shares outstanding, of which the float is 63.4m shares. Trading volume reached 450,016 shares compared to its average volume of 1,256,091 shares. Based on the current average volume and close price, the trading liquidity is good.
Historical Trading Performance:
Over the last five trading days, B&G Foods shares returned -1.51% and in the past 30 trading days it returned -10.81%. Over three months, it changed -1.89%. In one year it has changed -19.19% and within that year its 52-week high was 33.50 and its 52-week low was 21.10. BGS stock is 7.91% above its 52 Week Low.
Our calculations show a 200 day moving average of 26.16 and a 50 day moving average of 23.32. Currently BGS stock is trading -12.96% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.
The last annual fiscal EPS for the company was reported at 2.6 that ended on 31st of December 2018, which according to the previous close, that is a PE of 8.76. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.50. The TTM EPS is 1.84, which comes to a TTM PE of 12.38. Historically, the PE high was 50.30 and the PE low was 6.70. If the stock reached its PE low, that would represent a price of 12.32, which is a decrease of -45.88%.
Below was the last reported quarterly diluted earnings per share:
|1st||Qtr of 2019||(Reported on 05/02/2019):||0.26|
|4th||Qtr of 2018||(Reported on 02/26/2019):||1.70|
|3rd||Qtr of 2018||(Reported on 10/30/2018):||0.48|
|2nd||Qtr of 2018||(Reported on 08/02/2018):||0.12|
|1st||Qtr of 2018||(Reported on 05/03/2018):||0.31|
The dividend per share is currently 1.90, which is a dividend yield of 8.34%. BGS stock may not have enough earnings to cover future dividends and still be able to invest in the business, therefore the dividend may be cut in the future.
Base on our calculations, the intrinsic value per share is 32.08, which means it is possibly undervalued and has a margin of safety of 29.01%.
Indicators to Watch:
Short-interest was 24,916,579, which was 38.14% of shares outstanding. The short-interest ratio or days-to-cover ratio was 17.07. This stock has a high level of short interest and may fall in value in the near term.
The current calculated beta is 0.58.
SeekingAlpha: Merger Arbitrage Mondays – February 4, 2019
Based on last reported financials, the company’s return on assets is 5.44%, profit margin is 10.07%, price-to-sales is 0.89 and price-to-book is 1.71.
All scores are out of six:
4 :Valuation Score
2 :Past Performance Score
2 :Financial Strength Score
0 :Future Growth Score
5 :Dividend Score
2 :Overall Score