$0.42 EPS Expected for B&G Foods, Inc. (BGS)

July 11, 2018 - By Peter Erickson

B&G Foods, Inc. (NYSE:BGS) Logo

Analysts expect B&G Foods, Inc. (NYSE:BGS) to report $0.42 EPS on August, 2.They anticipate $0.01 EPS change or 2.44 % from last quarter’s $0.41 EPS. BGS’s profit would be $27.96 million giving it 18.45 P/E if the $0.42 EPS is correct. After having $0.55 EPS previously, B&G Foods, Inc.’s analysts see -23.64 % EPS growth. The stock decreased 1.27% or $0.4 during the last trading session, reaching $31. About 946,122 shares traded. B&G Foods, Inc. (NYSE:BGS) has declined 30.89% since July 12, 2017 and is downtrending. It has underperformed by 43.46% the S&P500.

B&G Foods, Inc. (NYSE:BGS) Ratings Coverage

Among 7 analysts covering B\u0026G Foods (NYSE:BGS), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. B\u0026G Foods had 9 analyst reports since February 28, 2018 according to SRatingsIntel. The stock of B&G Foods, Inc. (NYSE:BGS) earned “Buy” rating by Stephens on Wednesday, February 28. The firm has “Buy” rating given on Friday, May 4 by Berenberg. The rating was maintained by RBC Capital Markets on Tuesday, April 3 with “Buy”. The rating was maintained by Buckingham Research on Wednesday, February 28 with “Buy”. Credit Suisse upgraded the shares of BGS in report on Tuesday, April 3 to “Hold” rating. The rating was downgraded by Credit Suisse on Wednesday, March 7 to “Underperform”. The stock has “Hold” rating by Piper Jaffray on Tuesday, June 19. Berenberg downgraded the stock to “Hold” rating in Thursday, March 1 report. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, March 1.

B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable, and frozen food and household products in the United States, Canada, and Puerto Rico. The company has market cap of $2.06 billion. The Company’s products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato products, puffed corn and rice snacks, nut clusters, and other specialty products. It has a 10.06 P/E ratio. The firm markets its products under various brands, including Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, Green Giant, JJ Flats, Joan of Arc, Las Palmas, Le Sueur, MacDonald's, Mama Mary's, Maple Grove Farms of Vermont, Molly McButter, Mrs.

More recent B&G Foods, Inc. (NYSE:BGS) news were published by: Seekingalpha.com which released: “B&G Foods Dividend Increase Later Than Expected” on June 13, 2018. Also Seekingalpha.com published the news titled: “The Overlooked Food Dividend” on June 27, 2018. Benzinga.com‘s news article titled: “28 Stocks Moving In Thursday’s Pre-Market Session” with publication date: July 05, 2018 was also an interesting one.

B&G Foods, Inc. (NYSE:BGS) Ratings Chart

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