B&G Foods (BGS) AI Stock Analysis

• Market Cap: $389.46M
• Dividend Yield: 17.12%
• Average Volume (3M): 2.54M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.06
• Revenue Growth: -6.04%
• EPS Growth: -844.18%
• Country: US
• Employees: 2,846
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.28
• Shares Outstanding: 79,971,360
• 10 Day Avg. Volume: 2,718,287
• 30 Day Avg. Volume: 2,539,820
• PEG Ratio: 0.09
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 0.18
• P/FCF Ratio: 4.73
• Enterprise Value/Market Cap: 5.99
• Enterprise Value/Revenue: 1.28
• Enterprise Value/Gross Profit: 5.86
• Enterprise Value/Ebitda: 14.46
• 1Y Price Target: $4.80
• Price Target Upside: -1.44% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 5
• EPS Forecast (FY): 0.59
• Revenue Forecast (FY): $1.67B

• Rating: 49 Neutral
• Price Target: $6.00 ▲(23.20% Upside)
• Action: Reiterated Date: 03/05/26
• Date: Action: Reiterated 03/05/26

The score is held down primarily by weak financial performance—persistent revenue declines, multi-year net losses, and historically high leverage—despite comparatively resilient cash generation. Technicals are moderately constructive with price above major moving averages and neutral momentum. A very high dividend yield and management’s EBITDA/cost-savings and deleveraging plans offer support, but profitability and sales pressure remain key risks.

Positive Factors

Cash Generation

Despite multi-year losses, the company has delivered generally positive operating cash flow and a strong recent rebound in free cash flow. Reliable cash generation provides durable funding for debt reduction, working capital and selective M&A, improving financial flexibility even if reported earnings remain volatile.

Cost Reduction & Margin Work

Documented cost-savings and COGS improvements point to structural margin fixes rather than one-off benefits. Sustainable SG&A and procurement savings support adjusted EBITDA expansion, help offset commodity/tariff pressure and increase the odds management can hit mid-term profitability and cash targets.

Accretive M&A

The College Inn/Kitchen Basics buy is immediately accretive and bolsters core shelf-stable categories, expanding scale and category depth. Funded with divestiture proceeds and existing revolver capacity, the deal strengthens recurring revenue and EBITDA base, aiding medium-term deleveraging and margin recovery.

Negative Factors

Revenue Declines & Losses

Sustained top-line declines and recent multi-year net losses erode scale economics and bargaining power with retailers. Weak revenue trends reduce fixed-cost absorption and make margin recovery harder, limiting long-term earnings resilience and constraining cash available for deleveraging and investment.

Elevated Leverage

Historically elevated leverage reduces financial flexibility and raises refinancing and covenant risk, especially with inconsistent profitability. Even with divestitures and a stated target to lower leverage, the current balance-sheet profile constrains capital allocation and increases vulnerability to cost or volume shocks over the medium term.

Input Costs & Promotional Pressure

Exposure to tariffs and rising promotional trade spend structurally squeezes margins if sustained. With weak revenue trends, the company has limited ability to pass through higher input costs, so ongoing tariff or trade-cost pressure could meaningfully impair adjusted EBITDA and slow progress on deleveraging.

B&G Foods Business Overview & Revenue Model

Company Description

B&G Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico. The company's products include frozen and canned vegetables, vegetables, 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, maple syrups, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, baking powder and soda, corn starch, cookies and crackers, nut clusters, and other specialty products. It markets its products under various brands, including Ac'cent, B&G, B&M, Back to Nature, Baker's Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary's, Clabber Girl, Cream of Rice, Cream of Wheat, Crisco, Dash, Davis, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, Green Giant, Joan of Arc, Las Palmas, Le Sueur, MacDonald's, Mama Mary's, Maple Grove Farms of Vermont, McCann's, Molly McButter, New York Flatbreads, New York Style, Old London, Ortega, Polaner, Red Devil, Regina, Rumford, Sa-són, Sclafani, Spice Islands, Spring Tree, Sugar Twin, Tone's, Trappey's, TrueNorth, Underwood, Vermont Maid, Victoria, and Weber and Wright's. The company also sells, markets, and distributes household products under the Static Guard brand. It sells and distributes its products directly, as well as through a network of independent brokers and distributors to supermarket chains, foodservice outlets, mass merchants, warehouse clubs, non-food outlets, and specialty distributors. The company was formerly known as B&G Foods Holdings Corp. and changed its name to B&G Foods, Inc. in October 2004. B&G Foods, Inc. was founded in 1822 and is headquartered in Parsippany, New Jersey.

How the Company Makes Money

B&G Foods generates revenue primarily through the sale of its packaged food products across various channels, including supermarkets, mass merchants, and food service establishments. The company's revenue model is driven by several key streams, including direct sales of branded products, private label offerings, and partnerships with retailers for in-store promotions. Additionally, B&G Foods benefits from strategic acquisitions of complementary brands and product lines, which expand its market presence and diversify its offerings. The company's ability to innovate and respond to consumer trends, such as health and wellness, also plays a crucial role in sustaining its revenue growth.

B&G Foods Financial Statement Overview

Summary

Income statement trends are weak with multi-year revenue declines and net losses in recent years, and the balance sheet has screened highly leveraged with declining equity/negative ROE. Cash flow is a relative strength with generally positive operating cash flow and a strong free-cash-flow rebound in the most recent period, but volatility and loss-making earnings keep overall financial risk elevated.

Income Statement

Results show meaningful top-line pressure, with revenue declining for several consecutive annual periods (including a sharp drop in the most recent annual period). Profitability is also inconsistent: the company was profitable in 2020–2021, but has posted net losses in 2022–2026, with 2024 notably weak. While gross margin has been fairly steady around ~19%–24%, net margins have remained negative recently, indicating ongoing cost, pricing, and/or interest burden challenges despite some improvement versus 2024.

Balance Sheet

Leverage has historically been high, with debt running at roughly 2.5x–4.0x equity in 2021–2024, which limits flexibility in a weaker earnings environment. Equity has trended down from 2021 levels, and returns on equity have been negative for multiple years, reflecting sustained losses. The most recent annual period shows sharply lower reported debt and assets versus prior years, but given the discontinuity, overall balance-sheet risk still screens elevated based on the multi-year leverage and profitability profile.

Cash Flow

Cash generation is a relative bright spot: operating cash flow and free cash flow are positive in most periods, and free cash flow rebounded strongly in the most recent annual period after a softer 2024. That said, cash flow has been volatile (including very weak operating cash flow and negative free cash flow in 2022), and with net income negative in recent years, the quality of earnings remains a concern even though cash flows have held up better than reported profits.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.83B	1.93B	2.06B	2.16B	2.06B
Gross Profit	398.82M	421.95M	455.52M	409.62M	436.97M
EBITDA	97.15M	-85.06M	172.58M	203.44M	297.40M
Net Income	-43.26M	-251.25M	-66.20M	-11.37M	67.36M
Balance Sheet
Total Assets	2.83B	2.99B	3.46B	3.84B	3.83B
Cash, Cash Equivalents and Short-Term Investments	56.29M	50.58M	41.09M	45.44M	33.69M
Total Debt	2.00B	2.08B	2.12B	2.46B	2.34B
Total Liabilities	2.38B	2.47B	2.63B	2.97B	2.91B
Stockholders Equity	453.22M	524.81M	835.46M	868.17M	920.25M
Cash Flow
Free Cash Flow	70.75M	103.65M	222.07M	-16.32M	50.30M
Operating Cash Flow	101.40M	130.91M	247.76M	5.96M	93.88M
Investing Cash Flow	39.32M	-27.68M	81.59M	-39.15M	-42.84M
Financing Cash Flow	-135.81M	-92.96M	-333.69M	45.34M	-69.84M

B&G Foods Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 4.87
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BGS, the sentiment is Neutral. The current price of 4.87 is below the 20-day moving average (MA) of 5.30, above the 50-day MA of 4.84, and above the 200-day MA of 4.42, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 41.78 is Neutral, neither overbought nor oversold. The STOCH value of 4.19 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BGS.

B&G Foods Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JJSF	64 Neutral	$1.43B	491.43	6.48%	3.53%	0.54%	-24.42%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
SJM	61 Neutral	$10.81B	-3.86	-21.55%	4.45%	-0.66%	-326.55%
CAG	58 Neutral	$7.44B	-3.16	-1.13%	7.87%	-5.82%	-119.70%
CPB	54 Neutral	$6.28B	14.14	13.98%	5.64%	2.71%	4.90%
BGS	49 Neutral	$389.46M	-7.74	-8.93%	17.12%	-6.04%	-844.18%

B&G Foods Corporate Events

B&G Foods Posts Narrower Loss as Core Trends Improve

B&G Foods reported that fourth-quarter 2025 net sales slipped 2.2% to $539.6 million, as divestitures of Don Pepino and Le Sueur U.S. weighed on results, though base business sales eked out a 0.8% gain on better pricing and volume. The quarter produced a narrower net loss of $15.2 million versus a $222.4 million loss a year earlier, largely due to lower non-cash impairment charges tied mainly to the Green Giant brand, while adjusted EBITDA was essentially flat and management noted core trends had improved entering 2026.

For full-year 2025, net sales fell 5.4% to $1.83 billion and base business revenue declined 4.0%, pressured by lower volumes, modest pricing and mix headwinds, and the impact of brand divestitures. The company’s adjusted net income and EBITDA both contracted amid higher raw material costs and increased acquisition and divestiture-related expenses, even as B&G Foods continued to streamline its portfolio, including the announced sale of its Green Giant U.S. frozen vegetable business to sharpen strategic focus and reduce long-term debt.

The most recent analyst rating on (BGS) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on B&G Foods stock, see the BGS Stock Forecast page.

B&G Foods to Acquire College Inn, Kitchen Basics Brands

On January 15, 2026, B&G Foods announced it had entered into an agreement to acquire Del Monte Foods’ College Inn and Kitchen Basics broth and stock business for approximately $110 million in cash, plus an inventory-based adjustment and assumption of certain liabilities, following a competitive auction conducted amid Del Monte’s Chapter 11 proceedings. The deal, which is subject to U.S. Bankruptcy Court approval, customary closing conditions and the simultaneous closing of two unrelated Del Monte bankruptcy asset sales, is expected to close in the first quarter of 2026 and will be funded with cash on hand, including divestiture proceeds, and borrowings under B&G’s existing revolving credit facility; B&G projects the acquired brands will generate $110 million–$120 million in annual net sales, $18 million–$22 million in adjusted EBITDA, be immediately accretive to earnings, deliver roughly $15 million in tax benefits due to the asset-purchase structure, and strengthen its portfolio with well-established pantry-staple brands acquired at a mid-single-digit EBITDA multiple.

The most recent analyst rating on (BGS) stock is a Hold with a $4.00 price target. To see the full list of analyst forecasts on B&G Foods stock, see the BGS Stock Forecast page.