B&G Foods (BGS) AI Stock Analysis

• Market Cap: $360.02M
• Dividend Yield: 16.89%
• Average Volume (3M): 2.64M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.03
• Revenue Growth: -6.91%
• EPS Growth: -83.51%
• Country: US
• Employees: 2,846
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.04
• Shares Outstanding: 80,003,746
• 10 Day Avg. Volume: 3,752,649
• 30 Day Avg. Volume: 2,642,503
• PEG Ratio: >-0.01
• Price to Book (P/B): 1.07
• Price to Sales (P/S): 0.29
• P/FCF Ratio: 5.40
• Enterprise Value/Market Cap: 6.48
• Enterprise Value/Revenue: 1.25
• Enterprise Value/Gross Profit: 5.86
• Enterprise Value/Ebitda: -42.04
• 1Y Price Target: $4.10
• Price Target Upside: -8.89% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 5

• Rating: 52 Neutral
• Price Target: $4.50 ▲(0.00% Upside)

B&G Foods' overall score reflects significant financial challenges, including declining revenue and high leverage, which are partially offset by strategic efforts to improve profitability and reduce debt. Technical indicators show a neutral outlook, while valuation concerns persist due to a negative P/E ratio despite a high dividend yield. The earnings call provides some optimism with expected improvements in the latter half of the year.

Positive Factors

Portfolio Restructuring

Strategic divestitures help streamline the portfolio, focusing resources on core brands, potentially improving operational efficiency and profitability.

Cash Flow Management

Effective cash flow management and debt reduction enhance financial stability, providing more flexibility for future investments and growth.

Frozen Vegetables Business Improvement

Profitability in the frozen vegetables segment indicates successful cost management and productivity improvements, strengthening the company's market position.

Negative Factors

High Leverage

High leverage poses financial risk, potentially limiting the company's ability to invest in growth opportunities and increasing vulnerability to economic downturns.

Declining Revenue

Continued revenue decline reflects challenges in maintaining market share and demand, which could impact long-term growth and profitability.

Negative Profitability

Negative profitability indicates operational challenges and cost control issues, which may hinder the company's ability to generate sustainable earnings.

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 food products across retail, foodservice, and industrial channels. The company operates a revenue model that includes selling its products to grocery stores, wholesalers, and foodservice operators. Key revenue streams include branded products, private label offerings, and partnerships with major retailers, which enhance market reach and brand visibility. Additionally, B&G Foods often capitalizes on strategic acquisitions to expand its product lines and customer base, contributing to its overall earnings. Seasonal promotions, product innovations, and effective marketing strategies further bolster sales and profitability.

B&G Foods Financial Statement Overview

Summary

B&G Foods is experiencing financial difficulties with declining revenue, negative profitability, and high leverage. Despite some resilience in cash flow management, the overall financial position is concerning due to substantial debt and ongoing losses.

Income Statement

B&G Foods has faced declining revenue and profitability in the last two years, with a negative net profit margin and EBIT margin in the TTM period. The TTM gross profit margin is approximately 21.4%, indicating challenges in controlling costs. Revenue has shrunk by 2.6% when compared to the previous year, reflecting a negative growth trajectory. Overall, the income statement suggests financial struggles and declining operational performance.

Balance Sheet

The company has a high debt-to-equity ratio of approximately 4.01 in the TTM period, indicating significant leverage. The equity ratio stands at around 17.4%, showcasing a relatively low equity base compared to total assets. These metrics suggest potential financial risk due to high leverage, although the company maintains a moderate level of total assets. Return on equity is negative, reflecting ongoing net losses.

Cash Flow

The operating cash flow to net income ratio indicates a reasonable cash generation capability despite net losses, with a TTM ratio of -0.71. The company has experienced free cash flow growth of 14.3% over the last report year, showing some resilience in cash flow management. However, the free cash flow to net income ratio is negative, reflecting challenges in achieving positive profitability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.86B	1.93B	2.06B	2.16B	2.06B	1.97B
Gross Profit	398.10M	421.95M	455.52M	409.62M	436.97M	481.74M
EBITDA	-55.52M	-85.06M	172.58M	203.44M	297.40M	354.66M
Net Income	-223.89M	-251.25M	-66.20M	-11.37M	67.36M	131.99M
Balance Sheet
Total Assets	2.94B	2.99B	3.46B	3.84B	3.83B	3.77B
Cash, Cash Equivalents and Short-Term Investments	54.08M	50.58M	41.09M	45.44M	33.69M	52.18M
Total Debt	2.04B	2.08B	2.12B	2.46B	2.34B	2.37B
Total Liabilities	2.44B	2.47B	2.63B	2.97B	2.91B	2.94B
Stockholders Equity	501.43M	524.81M	835.46M	868.17M	920.25M	831.88M
Cash Flow
Free Cash Flow	124.80M	103.65M	222.07M	-16.32M	50.30M	254.73M
Operating Cash Flow	155.07M	130.91M	247.76M	5.96M	93.88M	281.48M
Investing Cash Flow	-19.46M	-27.68M	81.59M	-39.15M	-42.84M	-568.89M
Financing Cash Flow	-122.19M	-92.96M	-333.69M	45.34M	-69.84M	327.95M

B&G Foods Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BGS, the sentiment is Positive. The current price of 4.5 is above the 20-day moving average (MA) of 4.38, above the 50-day MA of 4.22, and below the 200-day MA of 5.03, indicating a neutral trend. The MACD of 0.05 indicates Negative momentum. The RSI at 58.26 is Neutral, neither overbought nor oversold. The STOCH value of 41.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BGS.

B&G Foods Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JJSF	68 Neutral	$1.88B	22.91	8.65%	3.24%	0.50%	-4.46%
CPB	67 Neutral	$9.53B	15.94	15.43%	4.98%	6.40%	6.17%
CAG	67 Neutral	$9.21B	10.88	9.53%	7.30%	-4.11%	72.17%
THS	65 Neutral	$1.05B	53.00	1.35%	―	-1.52%	―
BGS	52 Neutral	$360.02M	―	-35.36%	16.89%	-6.91%	-83.51%
SJM	50 Neutral	$11.58B	-7.86	-24.63%	4.03%	2.54%	-293.39%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%