B&G Foods News: Buy stock now?

Bad atmosphere weighs on B&G Foods

In addition to the analyzes from banks, the benchmark for the mood around shares is also the long-term mood among investors and users on the Internet. The number of posts over a longer period of time and the change in mood give a good long-term picture of the mood. We examined B&g Foods stock for these two factors. The number of posts or the intensity of the discussion showed strong activity from which we believe a “buy” rating can be generated. The sentiment change rate for B&g Foods showed a negative change. This is equivalent to a “sell” rating. In this regard, we give B&g Foods stock a “Sell” rating in terms of long-term sentiment.

B&G Foods: Dividend is the ace up its sleeve

The dividend yield is calculated based on the dividend paid and the respective price. B&g Foods currently has a dividend yield of 8.52%. This yield is higher than the industry (“Food”) average of 2.94%. With a difference of just 5.59 percentage points, it results in the classification as “buy” with regard to the distributed dividend.

What are analysts saying about B&G Foods?

Based on analysts’ long-term view, B&g Foods stock will receive a sell rating. Overall, the following ratings are available: 0 Buy, 0 Hold, 1 Sell. There are no analyst updates on B&g Foods from the past month. Finally, the price target of the analysts is also interesting for the valuation of the stock as a whole. This settles at $26. That would give the stock a future performance of 6.64 percent as it currently trades at $24.38. This development leads to a “Buy” rating. For the entire analyst assessment, we as editors assign the overall assessment “Hold”.

How is the stock performing from an investor’s perspective?

The share’s return is -28.03 percent in the past year. Compared to stocks in the same sector (“Consumer Staples”), B&g Foods is 48.14 percent below average (20.11 percent). The average annual return for securities from the same “food” branch is 13.6 percent. B&g Foods is currently 41.63 percent below this value. Due to the underperformance, we rate the stock at this level as an overall “sell”.


Clear sentiment signal from investors?

In addition to hard factors such as balance sheet data, stock prices can also be assessed using soft factors such as mood. Our analysts looked at B&g Foods on social platforms and measured that the comments/reviews were mostly positive. In addition, social media users related to B&g Foods have mainly taken up positive topics in the past one or two days. For this analysis, the stock is therefore assigned a “Buy”. With this, the editors come to the conclusion that B&g Foods must be emotionally classified as a “buy”.

What price signals does the chart send?

The 200-day moving average (GD200) for B&g Foods is currently $27.71. This gives the stock a “Sell” rating as the share price itself closed at $24.38, building a gap of -12.02 percent. The ratio is different compared to the moving average price for the past 50 days. GD50 has currently taken a level of $23.73. This again corresponds to the current difference of +2.74 percent for the B&g Foods share and thus a “hold” signal. The overall finding based on the two periods is therefore “Hold”.

The stock is fundamentally undervalued at the moment

In our assessment, B&g Foods is undervalued compared to the industry average (food). The stock trades at a price-to-earnings (P/E) ratio of 15, giving it a 66 percent gap to the industry’s P/E of 43.95. This results in a “buy” recommendation on a fundamental basis.

Buy, hold or sell B&G Foods?

How will B&G Foods develop now? Is an entry worth it, or should investors rather sell? Find out the answers to these questions and why you should act now in the latest B&G Foods analysis.

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