B&G Foods (BGS) AI Stock Analysis

• Market Cap: $342.33M
• Dividend Yield: 17.71%
• Average Volume (3M): 2.80M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.08
• Revenue Growth: -7.06%
• EPS Growth: -83.82%
• Country: US
• Employees: 2,846
• Sector: Consumer Defensive
• Sector Strength: 63
• Industry: Packaged Foods
• EPS (TTM): 0.04
• Shares Outstanding: 79,797,890
• 10 Day Avg. Volume: 2,495,638
• 30 Day Avg. Volume: 2,804,067
• PEG Ratio: -0.59
• Price to Book (P/B): 2.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 39.77
• Enterprise Value/Market Cap: 9.34
• Enterprise Value/Revenue: 0.41
• Enterprise Value/Gross Profit: 7.93
• Enterprise Value/Ebitda: 17.32
• 1Y Price Target: $5.00
• Price Target Upside: 15.21% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 5

• Rating: 47 Neutral
• Price Target: $4.00 ▼(-7.83%Downside)

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.

Positive Factors

Division Performance

The Spice and Flavorings division performed well, up 5%.

Interest Expense

Interest expense is expected to decline by -5% to $150M from the benefits of refinancing.

Sales Trends

Management was encouraged to see that sales trends improved sequentially during the quarter.

Negative Factors

Financial Outlook

They lowered FY25 sales outlook by -2% and EBITDA by -3% to reflect a slower path to stabilization.

Market Concerns

The stock's sharp pullback suggests concerns on whether deleveraging via divestments will be enough to make a difference.

Sales and Profit

BGS reported a disappointing 1Q sales and profit miss from weaker consumption and retail de-loading.

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 branded food products to retail customers, which include supermarkets, warehouse clubs, and mass merchandisers. The company's revenue model is based on product sales, with a focus on expanding its market reach through strategic acquisitions of established brands. B&G Foods benefits from strong brand recognition, which helps maintain customer loyalty and command premium pricing. The company also engages in partnerships and collaborations to enhance its product offerings and distribution network, further contributing to its revenue. Additionally, B&G Foods invests in marketing and promotional activities to boost sales and maintain competitive positioning in the market.

B&G Foods Financial Statement Overview

Summary

B&G Foods faces financial challenges characterized by declining revenue, negative profitability, and high leverage. While cash flow management shows some strengths, the overall financial position suggests caution due to substantial debt and ongoing losses. Strategic adjustments may be necessary to improve financial health and operational efficiency.

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	Mar 2022	Mar 2021
Income Statement		Total Revenue
1.88B	1.93B	2.06B	2.16B	2.06B	1.97B
	Gross Profit
403.16M	421.95M	455.52M	409.62M	436.97M	481.74M
	EBIT
-125.87M	-177.28M	80.42M	98.63M	196.08M	276.44M
	EBITDA
-33.76M	-85.06M	172.58M	203.44M	297.40M	354.66M
	Net Income Common Stockholders
-210.18M	-251.25M	-66.20M	-11.37M	67.36M	131.99M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
61.23M	50.58M	41.09M	45.44M	33.69M	52.18M
	Total Assets
2.95B	2.99B	3.46B	3.84B	3.83B	3.77B
	Total Debt
2.06B	2.08B	2.12B	2.46B	2.34B	2.37B
	Net Debt
2.00B	2.03B	2.08B	2.41B	2.30B	2.32B
	Total Liabilities
2.44B	2.47B	2.63B	2.97B	2.91B	2.94B
	Stockholders Equity
513.09M	524.81M	835.46M	868.17M	920.25M	831.88M
Cash Flow		Free Cash Flow
118.52M	103.65M	222.07M	-16.32M	50.30M	254.73M
	Operating Cash Flow
148.54M	130.91M	247.76M	5.96M	93.88M	281.48M
	Investing Cash Flow
-29.96M	-27.68M	81.59M	-39.15M	-42.84M	-568.89M
	Financing Cash Flow
-99.33M	-92.96M	-333.69M	45.34M	-69.84M	327.95M

B&G Foods Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.34
• 50DMA: Negative
• 100DMA: Negative
• 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 Negative. The current price of 4.34 is above the 20-day moving average (MA) of 4.28, below the 50-day MA of 5.17, and below the 200-day MA of 6.53, indicating a neutral trend. The MACD of -0.17 indicates Negative momentum. The RSI at 42.20 is Neutral, neither overbought nor oversold. The STOCH value of 22.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BGS.

B&G Foods Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NATR	77 Outperform	$270.49M	27.37	6.42%	―	2.00%	-37.09%
SENEA	71 Outperform	$617.29M	15.32	6.77%	―	4.01%	22.46%
Sector *	65 Neutral	$8.73B	15.14	4.69%	4.60%	3.64%	-2.51%
JJSF	58 Neutral	$2.17B	28.71	8.20%	2.79%	0.49%	-12.32%
BGS	47 Neutral	$342.33M	―	-32.48%	17.71%	-7.06%	-83.82%
NAII	47 Neutral	$21.44M	―	-10.25%	―	-1.16%	-146.23%
HAIN	44 Neutral	$148.92M	―	-31.83%	―	-8.50%	-186.18%

B&G Foods Corporate Events

B&G Foods Stockholders Approve Key Proposals at Meeting

On May 15, 2025, B&G Foods held its annual meeting of stockholders, where several key proposals were voted upon. The stockholders elected ten directors to serve until the next annual meeting, approved the compensation of named executive officers, and ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending January 3, 2026. These decisions reflect the company’s ongoing governance and operational strategies, potentially impacting its future financial and strategic direction.

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.

B&G Foods Reports Q1 2025 Sales Decline

B&G Foods reported a challenging first quarter of 2025, with net sales decreasing by 10.5% to $425.4 million compared to the same period in 2024. The decline was attributed to reduced volumes, lower net pricing, and foreign currency impacts. Despite these challenges, the company saw a slight net income of $0.8 million, a significant improvement from the net loss in the previous year. The company has revised its full-year fiscal 2025 guidance, focusing on cost reduction, portfolio reshaping, and strategic acquisitions to improve future growth and margins.