Media headlines about B&G Foods (NYSE:BGS) have been trending somewhat positive on Tuesday, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. B&G Foods earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.9471250512115 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern’s rankings:
- B&G Foods Streamlines New Product Development with Selerant’s Product Lifecycle Management Software DevEX (businesswire.com)
- ETFs with exposure to B&G Foods, Inc. : December 18, 2017 (finance.yahoo.com)
- B&G Foods, Inc. (NYSE:BGS) – Calculate PEG Before Making Any Investment Decision – Nasdaq Journal (press release) (nasdaqjournal.com)
- B&G Foods, Inc. – Value Analysis (NYSE:BGS) : December 12, 2017 (finance.yahoo.com)
Shares of B&G Foods (NYSE:BGS) opened at $35.30 on Tuesday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.06 and a current ratio of 3.24. The stock has a market cap of $2,340.00, a price-to-earnings ratio of 18.61 and a beta of 0.18. B&G Foods has a 1-year low of $29.50 and a 1-year high of $47.75.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 30th. Investors of record on Friday, December 29th will be paid a dividend of $0.465 per share. This represents a $1.86 annualized dividend and a yield of 5.27%. The ex-dividend date of this dividend is Thursday, December 28th. B&G Foods’s payout ratio is currently 122.37%.
Several research firms have commented on BGS. Zacks Investment Research raised shares of B&G Foods from a “hold” rating to a “buy” rating and set a $36.00 target price for the company in a research report on Tuesday, October 17th. Stephens raised shares of B&G Foods from an “equal weight” rating to an “overweight” rating and set a $39.00 target price for the company in a research report on Wednesday, November 1st. Buckingham Research raised shares of B&G Foods from a “neutral” rating to a “buy” rating and set a $40.00 target price for the company in a research report on Wednesday, August 23rd. Finally, Berenberg Bank raised shares of B&G Foods from a “hold” rating to a “buy” rating and decreased their target price for the stock from $43.50 to $40.00 in a research report on Thursday, November 16th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $40.22.
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B&G Foods Company Profile
B&G Foods, Inc (B&G Foods) is a holding company. The Company manufactures, sells and distributes a portfolio of shelf-stable and frozen foods across the United States, 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, wine vinegar, maple syrup, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, puffed corn and rice snacks, nut clusters and other specialty products.
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