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The latest announcement is out from B&G Foods ( (BGS) ).
On July 1, 2025, B&G Foods announced an amendment to its senior secured credit facility, which temporarily increases the maximum consolidated leverage ratio and decreases the size of its revolving credit facility from $475 million to $430 million. This amendment aims to address current challenges in the packaged foods industry and manage working capital needs amidst tariff uncertainties. Additionally, during the second quarter of 2025, B&G Foods repurchased $20.7 million of its 5.25% senior notes due 2027, reflecting its ongoing efforts to reduce long-term debt and reshape its portfolio by divesting non-core brands.
The most recent analyst rating on (BGS) stock is a Hold with a $8.00 price target. To see the full list of analyst forecasts on B&G Foods stock, see the BGS Stock Forecast page.
Spark’s Take on BGS Stock
According to Spark, TipRanks’ AI Analyst, BGS is a Neutral.
B&G Foods faces significant financial challenges with declining revenues, high leverage, and negative profitability. Technical indicators suggest potential volatility with bearish trends. Valuation concerns persist due to negative earnings, despite a high dividend yield. Recent earnings call highlights a cautious outlook with declining sales and profitability, overshadowing cost-saving efforts and debt reduction. The stock remains high-risk with potential for recovery contingent on strategic improvements.
To see Spark’s full report on BGS stock, click here.
More about B&G Foods
Based in Parsippany, New Jersey, B&G Foods, Inc. and its subsidiaries manufacture, sell, and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada, and Puerto Rico. The company boasts a diverse portfolio of over 50 brands, including B&G, B&M, Cream of Wheat, Crisco, and Green Giant.
Average Trading Volume: 2,857,031
Technical Sentiment Signal: Strong Sell
Current Market Cap: $350.3M
For an in-depth examination of BGS stock, go to TipRanks’ Overview page.