B&G Foods (BGS) to Release Quarterly Earnings on Wednesday

B&G Foods (NYSE:BGS) is projected to release its Q1 2025 earnings data after the market closes on Wednesday, May 7th. Analysts expect B&G Foods to post earnings of $0.14 per share and revenue of $459.40 million for the quarter. B&G Foods has set its FY 2025 guidance at 0.650-0.750 EPS.

B&G Foods (NYSE:BGS) last announced its earnings results on Tuesday, February 25th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.30 by $0.01. B&G Foods had a negative net margin of 1.34% and a positive return on equity of 6.97%. The business had revenue of $551.57 million during the quarter, compared to the consensus estimate of $547.95 million. On average, analysts expect B&G Foods to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

B&G Foods Stock Performance

Shares of BGS stock traded down $0.04 on Tuesday, hitting $6.38. The company’s stock had a trading volume of 660,259 shares, compared to its average volume of 1,474,382. The company has a debt-to-equity ratio of 2.40, a quick ratio of 0.49 and a current ratio of 1.64. The company has a market capitalization of $504.50 million, a PE ratio of -18.75 and a beta of 0.74. B&G Foods has a fifty-two week low of $5.45 and a fifty-two week high of $11.72. The stock’s 50 day moving average is $6.76 and its 200-day moving average is $6.86.

B&G Foods Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st were paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 11.92%. The ex-dividend date was Monday, March 31st. B&G Foods’s payout ratio is -23.90%.

Analyst Upgrades and Downgrades

Separately, Piper Sandler dropped their price target on B&G Foods from $8.00 to $7.00 and set a “neutral” rating for the company in a research note on Wednesday, February 26th. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $8.10.

B&G Foods Company Profile

B&G Foods, Inc is a holding company, which engages in the manufacture, sale, and distribution of shelf-stable frozen food, and household products in the U.S., Canada, and Puerto Rico. It operates through the following segments: Specialty, Meals, Frozen & Vegetables, and Spices & Flavor Solutions.