B&G Foods, Inc (BGS) concluded trading on Wednesday at a closing price of $7.07, with 6.24 million shares of worth about $44.14 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -38.79% during that period and on November 06, 2024 the price saw a loss of about -19.84%. Currently the company’s common shares owned by public are about 78.62M shares, out of which, 76.83M shares are available for trading.
Stock saw a price change of -18.27% in past 5 days and over the past one month there was a price change of -13.36%. Year-to-date (YTD), BGS shares are showing a performance of -32.67% which decreased to -20.29% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.62 but also hit the highest price of $11.97 during that period. The average intraday trading volume for B&G Foods, Inc shares is 851.45K. The stock is currently trading -15.49% below its 20-day simple moving average (SMA20), while that difference is down -17.62% for SMA50 and it goes to -24.55% lower than SMA200.
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B&G Foods, Inc (NYSE: BGS) currently have 78.62M outstanding shares and institutions hold larger chunk of about 65.74% of that.
The stock has a current market capitalization of $559.69M and its 3Y-monthly beta is at 0.63. It has posted earnings per share of -$0.34 in the same period. It has Quick Ratio of 0.49 while making debt-to-equity ratio of 2.83. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BGS, volatility over the week remained 5.65% while standing at 3.58% over the month.
Stock’s fiscal year EPS is expected to drop by -28.86% while it is estimated to decrease by -2.84% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Piper Sandler on May 16, 2024 offering a Neutral rating for the stock and assigned a target price of $9 to it. Coverage by Piper Sandler stated B&G Foods, Inc (BGS) stock as an Underweight in their note to investors on October 04, 2023, suggesting a price target of $8 for the stock. On September 13, 2023, TD Cowen Initiated their recommendations, while on December 01, 2022, Consumer Edge Research Downgrade their ratings for the stock with a price target of $9. Stock get a Neutral rating from Piper Sandler on June 14, 2022.
