B&G Foods (NYSE:BGS) Issues FY 2025 Earnings Guidance

B&G Foods (NYSE:BGS) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.650-0.750 for the period, compared to the consensus estimate of 0.670. The company issued revenue guidance of $1.9 billion-$2.0 billion, compared to the consensus revenue estimate of $1.9 billion.

B&G Foods Stock Up 1.7 %

NYSE:BGS traded up $0.12 during mid-day trading on Tuesday, hitting $6.86. The stock had a trading volume of 2,572,143 shares, compared to its average volume of 1,569,526. B&G Foods has a twelve month low of $5.45 and a twelve month high of $11.97. The stock has a 50-day simple moving average of $6.61 and a two-hundred day simple moving average of $7.51. The company has a market capitalization of $542.64 million, a PE ratio of -20.16 and a beta of 0.50. The company has a current ratio of 1.64, a quick ratio of 0.49 and a debt-to-equity ratio of 2.40.

B&G Foods (NYSE:BGS) last posted its earnings results on Tuesday, February 25th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.30 by $0.01. B&G Foods had a positive return on equity of 6.97% and a negative net margin of 1.34%. On average, equities research analysts anticipate that B&G Foods will post 0.7 EPS for the current year.

B&G Foods Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 11.09%. The ex-dividend date of this dividend is Monday, March 31st. B&G Foods’s dividend payout ratio (DPR) is presently -223.52%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BGS. Barclays lowered their price target on B&G Foods from $8.00 to $7.00 and set an “equal weight” rating for the company in a report on Thursday, November 7th. Evercore ISI dropped their target price on shares of B&G Foods from $10.00 to $9.00 and set an “in-line” rating on the stock in a research report on Wednesday, November 6th. Finally, TD Cowen cut their price target on shares of B&G Foods from $8.00 to $7.50 and set a “sell” rating on the stock in a research note on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $8.30.

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. Its products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, and wine vinegar.