B&G Foods (NYSE:BGS – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.575-0.675 for the period, compared to the consensus earnings per share estimate of 0.570. The company issued revenue guidance of $1.8 billion, compared to the consensus revenue estimate of $1.7 billion.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the company. Evercore set a $4.50 target price on B&G Foods in a research report on Wednesday, August 12th. TD Cowen decreased their price target on B&G Foods from $4.00 to $3.00 and set a “sell” rating for the company in a research report on Wednesday, August 12th. Jefferies Financial Group set a $4.00 price target on B&G Foods in a research report on Wednesday, July 22nd. Weiss Ratings raised B&G Foods from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday. Finally, Barclays dropped their price target on B&G Foods from $4.50 to $3.00 and set an “equal weight” rating on the stock in a research note on Friday, October 16th. One equities research analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Sell” and a consensus target price of $3.62.
Check Out Our Latest Stock Analysis on B&G Foods
B&G Foods Trading Up 36.6%
NYSE:BGS opened at $3.63 on Thursday. The stock’s 50 day moving average price is $2.71 and its 200 day moving average price is $4.02. B&G Foods has a 52 week low of $1.99 and a 52 week high of $6.38. The company has a market capitalization of $295.37 million, a P/E ratio of -3.46 and a beta of 0.56. The company has a debt-to-equity ratio of 5.08, a quick ratio of 1.09 and a current ratio of 1.62.
B&G Foods (NYSE:BGS – Get Free Report) last issued its quarterly earnings data on Tuesday, November 10th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.06. The firm had revenue of $459.78 million for the quarter, compared to analyst estimates of $435.00 million. B&G Foods had a negative net margin of 4.70% and a positive return on equity of 12.53%. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.15 earnings per share. On average, research analysts forecast that B&G Foods will post 0.57 EPS for the current fiscal year.
B&G Foods Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 26th. Stockholders of record on Thursday, December 31st will be paid a dividend of $0.0950 per share. The ex-dividend date is Thursday, December 31st. This represents a $0.38 annualized dividend and a dividend yield of 10.5%. B&G Foods’s dividend payout ratio is -42.70%.
Latest B&G Foods News
These are some of the BGS news items that stood out recently:
- Positive Sentiment: The company raised its fiscal 2026 outlook: EPS guidance is now $0.575–$0.675, versus a consensus estimate of $0.57, and expected net sales are $1.76–$1.80 billion, above the prior market expectation of about $1.7 billion. Article: B&G Foods targets lower leverage and lifts sales view
- Positive Sentiment: Portfolio changes—including acquisitions and asset sales—are supporting margins. Management is emphasizing cash flow and aims to reduce leverage below 6x by mid-2027, which could help address the company’s substantial debt burden. Article: Why B&G Foods Stock Soared Today
- Neutral Sentiment: Call-option trading volume was unusually high, but options activity alone does not establish that the operating outlook has changed.
About B&G Foods
B&G Foods, Inc. is a branded food company headquartered in Parsippany, New Jersey. The company manufactures, sells and distributes a portfolio of shelf-stable, frozen and specialty food products through grocery stores, mass merchandisers, club stores, foodservice distributors and e-commerce channels. Its products include vegetables, beans, pickles, condiments, sauces, spices, seasonings, baking products, hot cereals, snacks and frozen foods. B&G Foods’ brand portfolio has included Ortega Mexican foods, Cream of Wheat, Mrs. Dash, Maple Grove Farms, Polaner, Cary’s, Las Palmas, Underwood and B&G pickles, among other consumer food brands.
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