.jpg "B&G Foods (NYSE: BGS)")
Today, a Director at B&G Foods (NYSE: BGS), Deann Brunts, bought shares of BGS for $52.52K.
This recent transaction increases Deann Brunts’ holding in the company by 25.58% to a total of $257.2K.
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Based on B&G Foods’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $432 million and quarterly net profit of $20.55 million. In comparison, last year the company earned revenue of $418 million and had a net profit of $32.76 million. BGS’s market cap is $1.74B and the company has a P/E ratio of 8.51. Currently, B&G Foods has an average volume of 989.6K.
Seven different firms, including BMO Capital and Buckingham, currently also have a Buy rating on the stock. Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $30.75, reflecting a -14.0% downside.
The insider sentiment on B&G Foods has been neutral according to 27 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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B&G Foods, Inc. engages in the manufacture, sell, and distribution of shelf-stable foods and household products. Its products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, and wine vinegar.
