(BGS) B&G Foods - Ratings and Ratios

B&G Foods Inc (NYSE:BGS) is a leading manufacturer and distributor of a diverse range of shelf-stable and frozen food products, as well as household items, across North America. The companys extensive product portfolio includes a variety of brands such as Cream of Wheat, Crisco, and Ortega, among others, catering to different consumer segments. With a history dating back to 1822, B&G Foods has established itself as a significant player in the packaged foods and meats industry.

The companys business model involves selling and distributing its products directly to various channels, including supermarket chains, foodservice outlets, and mass merchants, as well as through a network of independent brokers and distributors. This diversified distribution strategy enables B&G Foods to maintain a strong presence in the market. Additionally, the company has a robust brand portfolio, with over 20 brands across its product categories, allowing it to leverage its brand equity and drive sales.

Analyzing the , we observe that the stocks last price is $4.47, which is at its 52-week low. The SMA20, SMA50, and SMA200 are $6.33, $6.56, and $7.03, respectively, indicating a downtrend. The ATR is 0.37, representing an 8.35% volatility. Considering the , the companys market capitalization is approximately $507.28 million, with a forward P/E ratio of 9.32. The negative RoE of -35.56% is a concern, indicating potential underlying issues with the companys profitability.

Based on the analysis of and , a forecast for B&G Foods Inc can be made. Given the current downtrend and the stock being at its 52-week low, there is potential for a rebound if the company can address its profitability concerns. A potential price target could be around $6.00, representing a 34% increase from the current price. However, this would require the company to demonstrate improvement in its RoE and other fundamental metrics. Conversely, if the downtrend continues, the stock may test new lows, potentially around $4.00. It is essential to closely monitor the companys performance and adjust the forecast accordingly.