B&G Foods (BGS) Stock Forecast, Price Target & Predictions


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BGS Stock Forecast


B&G Foods (BGS) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $18.00, with a high of $25.00 and a low of $8.00. This represents a 175.23% increase from the last price of $6.54.

$5 $9 $13 $17 $21 $25 High: $25 Avg: $18 Low: $8 Last Closed Price: $6.54

BGS Stock Rating


B&G Foods stock's rating consensus is Hold, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 0 Buy (0.00%), 3 Hold (60.00%), 2 Sell (40.00%), and 0 Strong Sell (0.00%).

Hold
Total 5 0 2 3 Strong Sell Sell Hold Buy Strong Buy

BGS Forecast vs Benchmarks


TypeNameUpside
StockB&G Foods175.23%
SectorConsumer Defensive Stocks 12.48%
IndustryPackaged Foods Stocks19.23%

Price Target Trends


1M3M12M
# Anlaysts--2
Avg Price Target--$8.50
Last Closing Price$6.54$6.54$6.54
Upside/Downside--29.97%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25--52-7
Dec, 24--52-7
Nov, 243252-12
Oct, 243252-12
Sep, 243252-12
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 11, 2024Michael LaveryPiper Sandler$8.00$7.733.49%22.32%
May 15, 2024Michael LaveryPiper Sandler$9.00$9.05-0.55%37.61%
Nov 11, 2022RBC Capital$16.00$15.086.10%144.65%
Aug 02, 2022Piper Sandler$27.00$25.167.31%312.84%
May 06, 2022Credit Suisse$23.00$24.17-4.84%251.68%
May 06, 2022Robert DickersonJefferies$25.00$24.711.17%282.26%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Nov 06, 2024Cowen & Co.SellSellhold
Jul 11, 2024Piper SandlerNeutralNeutralhold
Jun 25, 2024Cowen & Co.UnderperformUnderperformhold
May 15, 2024Piper SandlerUnderweightNeutralupgrade
Apr 09, 2024BMO CapitalMarket PerformMarket Performhold
Mar 08, 2024Piper SandlerUnderweightUnderweighthold
Oct 04, 2023Piper SandlerNeutralUnderweightdowngrade
Dec 01, 2022Consumer Edge ResearchUnderweightdowngrade
Nov 11, 2022RBC CapitalSector PerformSector Performhold
Nov 10, 2022BMO CapitalMarket PerformMarket Performhold

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$2.06$1.03$-0.16$-0.89---
Avg Forecast$2.35$1.91$0.94$0.97$0.69$0.67$0.76
High Forecast$2.34$1.90$0.94$0.92$0.68$0.55$0.76
Low Forecast$2.35$1.91$0.95$1.02$0.71$0.75$0.77
Surprise %-12.34%-46.07%-117.02%-191.75%---

Revenue Forecast

$2B $2B $2B $2B $2B $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$1.97B$2.06B$2.16B$2.06B---
Avg Forecast$1.99B$2.08B$2.12B$2.05B$1.93B$1.92B$1.93B
High Forecast$1.98B$2.07B$2.12B$2.04B$1.92B$1.92B$1.93B
Low Forecast$1.99B$2.08B$2.13B$2.06B$1.94B$1.93B$1.93B
Surprise %-0.91%-0.98%1.87%0.43%---

Net Income Forecast

$-100M $-50M $0 $50M $100M $150M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$131.99M$67.36M$-11.37M$-66.20M---
Avg Forecast$119.48M$70.53M$69.92M$-66.20M$51.82M$52.70M$56.84M
High Forecast$95.58M$54.36M$69.60M$-82.68M$50.72M$40.67M$56.62M
Low Forecast$143.38M$86.70M$70.35M$-49.71M$52.93M$55.46M$57.06M
Surprise %10.47%-4.49%-116.26%0.00%---

BGS Forecast FAQ


Is B&G Foods stock a buy?

B&G Foods stock has a consensus rating of Hold, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 0 Buy, 3 Hold, 2 Sell, and 0 Strong Sell, reflecting a consensus that B&G Foods is a neutral investment for most analysts.

What is B&G Foods's price target?

B&G Foods's price target, set by 5 Wall Street analysts, averages $18 over the next 12 months. The price target range spans from $8 at the low end to $25 at the high end, suggesting a potential 175.23% change from the previous close price of $6.54.

How does B&G Foods stock forecast compare to the average forecast of its sector, industry, and investment themes?

B&G Foods stock forecast shows a 175.23% upside, outperforming the average forecast for the consumer defensive stocks sector (12.48%) and outperforming the packaged foods stocks industry (19.23%).

What is the breakdown of analyst ratings for B&G Foods over the past three months?

  • January 2025: 0% Strong Buy, 0% Buy, 71.43% Hold, 28.57% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 0% Buy, 71.43% Hold, 28.57% Sell, 0% Strong Sell.
  • November 2024: 25.00% Strong Buy, 16.67% Buy, 41.67% Hold, 16.67% Sell, 0% Strong Sell.

What is B&G Foods’s EPS forecast?

B&G Foods's average annual EPS forecast for its fiscal year ending in December is 0.69 for 2024, a -177.53% decrease from the reported $-0.89 in 2023. The prediction for 2025 is $0.67, and $0.76 for 2026.

What is B&G Foods’s revenue forecast?

B&G Foods's average annual revenue forecast for its fiscal year ending in December is $1.93B for 2024, a -6.46% decrease from the reported $2.06B in 2023. The forecast for 2025 is $1.92B, and $1.93B for 2026.

What is B&G Foods’s net income forecast?

For its fiscal year ending in December, B&G Foods's average annual net income forecast is $51.82M for 2024, reflecting a -178.29% decrease from the reported $-66.198M in 2023. The projection for 2025 is $52.7M, and $56.84M for 2026.