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B&G Foods (BGS)
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B&G Foods (BGS) AI Stock Analysis

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BGS

B&G Foods

(NYSE:BGS)

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Neutral 44 (OpenAI - 4o)
Rating:44Neutral
Price Target:
$5.00
▲(27.55% Upside)
B&G Foods faces significant financial challenges, including declining revenue and high leverage, which are the most critical factors impacting its stock score. Technical analysis shows mixed signals, with some short-term bullishness but overall bearish momentum. The high dividend yield is a positive aspect, but it is overshadowed by the company's financial instability. The earnings call provided some positive developments, but these are not enough to offset the broader financial concerns.
Positive Factors
Cost Savings Initiatives
Cost savings initiatives improve margin sustainability and operational efficiency, which can enhance long-term profitability and competitiveness.
Divestiture Strategy Progress
Strategic divestitures focus the business on core strengths, potentially improving cash flow and reducing leverage, enhancing financial stability.
Spices & Seasonings Growth
Growth in the Spices & Seasonings segment indicates strong market demand and potential for sustained revenue expansion in a key business area.
Negative Factors
Declining Revenue
Declining revenue reflects challenges in maintaining market share and consumer demand, potentially impacting long-term growth prospects.
High Leverage
High leverage limits financial flexibility and increases risk, potentially affecting the company's ability to invest in growth opportunities.
Profitability Challenges
Negative profitability undermines financial health and can hinder the company's ability to reinvest in business operations and growth initiatives.

B&G Foods (BGS) vs. SPDR S&P 500 ETF (SPY)

B&G Foods Business Overview & Revenue Model

Company DescriptionB&G Foods, Inc. (BGS) is a prominent American packaged food company that specializes in the manufacturing and marketing of a diverse range of food products. Founded in 1996 and headquartered in Parsippany, New Jersey, the company operates primarily in the grocery and snacks sectors. B&G Foods' portfolio includes well-known brands such as Green Giant, Ortega, and Cream of Wheat, among others, catering to both retail and food service channels. The company focuses on providing high-quality, value-oriented products that appeal to a broad consumer base.
How the Company Makes MoneyB&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 Earnings Call Summary

Earnings Call Date:Nov 05, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Mar 03, 2026
Earnings Call Sentiment Neutral
The earnings call presented a mixed outlook. While the company showed improvements in adjusted EBITDA and benefited from cost-saving initiatives, it faced challenges with declining net sales and the impact of divestitures. The ongoing tariff issues also posed a significant challenge. However, the progress in divestiture strategy and growth in the Spices & Seasonings segment are positive signs.
Q3-2025 Updates
Positive Updates
Improved Adjusted EBITDA Performance
The third quarter demonstrated significant improvement in adjusted EBITDA delivery with sequential improvement in base business net sales trends. Adjusted EBITDA was $70.4 million, flat versus last year on a reported basis, but up year-over-year excluding the impact of divestitures.
Cost Savings Initiatives
The company benefited from a $10 million cost savings initiative, with SG&A overhead down $2 million from last year and cost of goods sold improved by 40 basis points versus last year.
Divestiture Strategy Progress
B&G Foods announced the divestiture of their Canadian Green Giant business and continued to evaluate the divestiture of their Green Giant U.S. frozen business. These divestitures are expected to create a more focused B&G Foods with increased cash flow generation and a lower leverage ratio.
Spices & Seasonings Growth
The Spices & Seasonings business unit grew net sales by 2.1% in Q3, benefiting from growth in fresh food and proteins and strength in the club and foodservice channels.
Negative Updates
Decline in Net Sales and Base Business Net Sales
Q3 net sales of $439.3 million finished minus 4.7% versus last year, and base business net sales were down minus 2.7%.
Impact of Divestitures
The divestiture of the Don Pepino and Sclafani business in May and the Le Sieur U.S. canned peas brand in August removed approximately $10.3 million of net sales and $3.2 million in adjusted EBITDA from Q3.
Tariff Challenges
Tariffs impacted the company's portfolio, reducing adjusted EBITDA in Q3 by nearly $3.5 million, with 60% affecting the Spices & Flavor Solutions business.
Increased Promotional Trade Spend
Promotional trade spend increased by approximately 110 basis points in Q3 versus last year, although it was sequentially favorable to year-over-year increases in the first and second quarters of 2025.
Company Guidance
During the B&G Foods, Inc. Third Quarter 2025 Financial Results Conference Call, the company provided updated guidance for fiscal year 2025, projecting net sales between $1.82 billion and $1.84 billion and adjusted EBITDA of $273 million to $280 million. The adjusted EBITDA as a percentage of net sales is expected to approach 20%, with a focus on improving cash flow generation and reducing the leverage ratio to 6x within the next 9 months. The company anticipates a 53rd week sales growth impact of 2% to 3% in the fourth quarter. Despite a 4.7% decrease in net sales in Q3, base business net sales excluding divestitures decreased by 2.7%. Cost efficiency initiatives are expected to yield $15 million to $20 million in annual savings. The company aims to improve base business net sales trends towards 1% growth and plans to reduce leverage to approximately 6x by mid-2026 through strategic divestitures and cash flow improvements.

B&G Foods Financial Statement Overview

Summary
B&G Foods is facing significant financial challenges, with declining revenue and profitability, high leverage, and negative returns on equity. While there is some improvement in cash flow generation, the overall financial health of the company is concerning. The company needs to address its leverage and profitability issues to improve its financial standing.
Income Statement
35
Negative
B&G Foods has experienced declining revenue with a negative growth rate of -1.07% TTM. The company is facing profitability challenges, as indicated by negative net profit and EBIT margins. The gross profit margin has slightly decreased over time, reflecting cost pressures. Overall, the income statement shows a concerning trend of declining revenue and profitability.
Balance Sheet
40
Negative
The balance sheet reveals a high debt-to-equity ratio of 4.06 TTM, indicating significant leverage. Return on equity is negative, reflecting the company's inability to generate profit from shareholders' equity. The equity ratio is low, suggesting limited financial stability. The balance sheet highlights potential risks due to high leverage and negative returns.
Cash Flow
50
Neutral
Cash flow analysis shows a positive free cash flow growth rate of 5.30% TTM, indicating some improvement in cash generation. However, the operating cash flow to net income ratio is below 1, suggesting that operating cash flow is not fully covering net income. The free cash flow to net income ratio is relatively strong, indicating efficient cash conversion despite profitability issues.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2019Dec 2018
Income Statement
Total Revenue1.29B1.93B2.06B2.16B1.66B1.70B
Gross Profit275.90M421.95M455.52M409.62M383.12M349.50M
EBITDA133.19M-85.06M172.58M203.44M273.95M384.25M
Net Income-28.08M-251.25M-66.20M-11.37M76.39M172.44M
Balance Sheet
Total Assets2.94B2.99B3.46B3.84B3.23B3.05B
Cash, Cash Equivalents and Short-Term Investments60.91M50.58M41.09M45.44M11.31M11.65M
Total Debt2.07B2.08B2.12B2.46B1.92B1.64B
Total Liabilities2.47B2.47B2.63B2.97B2.42B2.15B
Stockholders Equity470.74M524.81M835.46M868.17M812.54M900.05M
Cash Flow
Free Cash Flow-16.91M103.65M222.07M-16.32M4.15M167.83M
Operating Cash Flow5.95M130.91M247.76M5.96M46.50M209.46M
Investing Cash Flow47.08M-27.68M81.59M-39.15M-124.74M347.59M
Financing Cash Flow-43.37M-92.96M-333.69M45.34M77.71M-753.33M

B&G Foods Technical Analysis

Technical Analysis Sentiment
Positive
Last Price3.92
Price Trends
50DMA
4.36
Positive
100DMA
4.23
Positive
200DMA
4.79
Negative
Market Momentum
MACD
0.05
Negative
RSI
59.47
Neutral
STOCH
64.66
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 3.92 is below the 20-day moving average (MA) of 4.39, below the 50-day MA of 4.36, and below the 200-day MA of 4.79, indicating a neutral trend. The MACD of 0.05 indicates Negative momentum. The RSI at 59.47 is Neutral, neither overbought nor oversold. The STOCH value of 64.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BGS.

B&G Foods Risk Analysis

B&G Foods disclosed 41 risk factors in its most recent earnings report. B&G Foods reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

B&G Foods Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
67
Neutral
$9.12B15.2715.64%4.94%6.40%6.17%
67
Neutral
$1.59B19.078.79%3.81%0.50%-4.46%
64
Neutral
$8.12B9.589.65%8.09%-4.11%72.17%
62
Neutral
$20.33B14.63-3.31%3.23%1.93%-12.26%
62
Neutral
$1.18B-17.18%-0.69%-910.85%
49
Neutral
$11.44B-21.32%4.25%2.54%-293.39%
44
Neutral
$313.61M-40.86%17.76%-6.04%-844.18%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
BGS
B&G Foods
4.73
-0.72
-13.21%
CPB
Campbell Soup
31.55
-10.82
-25.54%
CAG
Conagra Brands
17.30
-8.56
-33.10%
JJSF
J & J Snack Foods
82.40
-86.62
-51.25%
SJM
JM Smucker
108.53
1.83
1.72%
THS
TreeHouse Foods
23.34
-8.25
-26.12%

B&G Foods Corporate Events

B&G Foods Earnings Call: Mixed Outlook with Strategic Moves
Nov 7, 2025

The recent earnings call for B&G Foods presented a mixed outlook, reflecting both positive strides and ongoing challenges. While the company showed improvements in adjusted EBITDA and benefited from cost-saving initiatives, it faced hurdles with declining net sales and the impact of divestitures. The ongoing tariff issues also posed a significant challenge. However, the progress in divestiture strategy and growth in the Spices & Seasonings segment are positive signs.

B&G Foods Reports Q3 2025 Financial Results
Nov 6, 2025

B&G Foods, Inc., based in Parsippany, New Jersey, is a manufacturer and distributor of high-quality, branded shelf-stable and frozen foods across the United States, Canada, and Puerto Rico, with a diverse portfolio of over 50 well-known brands. In the third quarter of 2025, B&G Foods reported a decrease in net sales by 4.7% to $439.3 million compared to the same period in 2024, primarily due to reduced volume and negative foreign currency impacts. Despite these challenges, the company achieved a 15.4% increase in adjusted diluted earnings per share to $0.15, reflecting improved operational efficiencies. Key financial metrics highlighted in the report include a net loss of $19.1 million for the third quarter, attributed to significant non-cash impairment charges, and an adjusted EBITDA of $70.4 million, consistent with the previous year. The company also completed the divestiture of Le Sueur U.S., recognizing a gain of $15.5 million, and announced the sale of Green Giant Canada to strengthen its core brand portfolio. Looking ahead, B&G Foods has narrowed its full-year fiscal 2025 guidance, projecting net sales between $1.82 billion and $1.84 billion and adjusted EBITDA between $273.0 million and $280.0 million, as it continues to navigate a challenging economic environment.

Financial DisclosuresM&A Transactions
B&G Foods Reports Q3 2025 Sales Decline
Negative
Nov 5, 2025

B&G Foods reported a decrease in net sales by 4.7% in the third quarter of 2025 compared to the same period in 2024, primarily due to reduced volume and foreign currency impacts, despite improvements in net pricing and product mix. The company also faced significant non-cash impairment charges but managed to achieve a gain from the divestiture of the Le Sueur U.S. brand. The adjusted EBITDA remained stable year-over-year, and the company announced the sale of Green Giant Canada, aiming to strengthen its core brand portfolio.

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.

Business Operations and StrategyM&A Transactions
B&G Foods Sells Canadian Green Giant Lines
Neutral
Oct 27, 2025

On October 27, 2025, B&G Foods announced an agreement to sell its Green Giant and Le Sieur frozen and shelf-stable vegetable product lines in Canada to Nortera Foods. This move is part of B&G Foods’ strategy to divest non-core brands, reduce long-term debt, and sharpen its business focus. The sale, subject to regulatory approval, is expected to close by the end of 2025 or early 2026. The proceeds will be used for general corporate purposes, including debt repayment and asset purchases. B&G Foods had previously divested other parts of the Green Giant brand in the U.S. and continues to evaluate further divestitures.

The most recent analyst rating on (BGS) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on B&G Foods stock, see the BGS Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 07, 2025