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


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BGS Stock Forecast


B&G Foods stock forecast is as follows: an average price target of $8.00 (represents a 12.68% upside from BGS’s last price of $7.10) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.

BGS Price Target


The average price target for B&G Foods (BGS) is $8.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $8.00 to $8.00. This represents a potential 12.68% upside from BGS's last price of $7.10.

BGS Analyst Ratings


Hold

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

B&G Foods Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 11, 2024Michael LaveryPiper Sandler$8.00$7.733.49%12.68%
May 15, 2024Michael LaveryPiper Sandler$9.00$9.05-0.55%26.76%
Nov 11, 2022RBC Capital$16.00$15.086.10%125.35%
Aug 02, 2022Piper Sandler$27.00$25.167.31%280.28%
May 06, 2022Credit Suisse$23.00$24.16-4.82%223.94%
May 06, 2022Robert DickersonJefferies$25.00$24.711.17%252.11%

The latest B&G Foods stock forecast, released on Jul 11, 2024 by Michael Lavery from Piper Sandler, set a price target of $8.00, which represents a 3.49% increase from the stock price at the time of the forecast ($7.73), and a 12.68% increase from BGS last price ($7.10).

B&G Foods Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$8.50
Last Closing Price$7.10$7.10$7.10
Upside/Downside-100.00%-100.00%19.72%

In the current month, the average price target of B&G Foods stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to B&G Foods's last price of $7.10. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


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
Aug 02, 2022Piper SandlerNeutralNeutralHold
Jun 13, 2022Piper SandlerNeutralUpgrade

B&G Foods's last stock rating was published by Cowen & Co. on Nov 06, 2024. The company gave BGS a "Sell" rating, the same as its previous rate.

B&G Foods Financial Forecast


B&G Foods Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$578.13M$1.48B$469.64M$511.81M$623.23M$528.40M$478.96M$532.41M$510.24M$514.97M$464.38M$505.13M-$495.76M$512.54M$449.37M$470.17M$406.31M
Avg Forecast$549.47M$464.27M$445.57M$475.76M$548.59M$460.87M$440.84M$469.26M$547.90M$473.82M$435.83M$480.93M$569.65M$505.34M$465.64M$527.34M$584.10M$534.01M$482.43M$512.49M$590.57M$491.94M$448.12M$524.63M$531.12M$461.85M$501.95M$441.19M$467.66M$404.52M
High Forecast$555.84M$469.66M$450.73M$481.28M$554.95M$466.22M$445.95M$474.70M$548.54M$474.57M$435.83M$480.93M$572.73M$511.20M$471.04M$533.45M$590.87M$534.01M$482.43M$512.49M$590.57M$491.94M$448.12M$524.63M$531.12M$461.85M$501.95M$441.19M$467.66M$404.52M
Low Forecast$542.14M$458.08M$439.62M$469.41M$541.27M$454.72M$434.96M$463.00M$547.26M$473.07M$435.83M$480.93M$566.97M$498.60M$459.42M$520.30M$576.31M$534.01M$482.43M$512.49M$590.57M$491.94M$448.12M$524.63M$531.12M$461.85M$501.95M$441.19M$467.66M$404.52M
# Analysts1111111132334333211122221277876
Surprise %------------1.01%2.94%1.01%0.97%1.07%0.99%0.99%1.04%0.86%1.05%1.04%0.96%-1.07%1.02%1.02%1.01%1.00%

B&G Foods's average Quarter revenue forecast for Mar 24 based on 3 analysts is $480.93M, with a low forecast of $480.93M, and a high forecast of $480.93M. BGS's average Quarter revenue forecast represents a -16.81% decrease compared to the company's last Quarter revenue of $578.13M (Dec 23).

B&G Foods EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111132334333211122221277876
EBITDA------------$41.55M$38.87M$49.19M$85.66M$76.07M$79.79M$53.58M$74.75M$64.22M$79.07M$83.86M$86.52M-$107.16M$104.09M$79.19M$62.49M$84.17M
Avg Forecast$69.14M$58.42M$56.07M$59.87M$69.03M$58.00M$55.47M$59.05M$68.95M$59.62M$54.84M$110.40M$71.68M$63.59M$58.59M$100.36M$56.52M$71.74M$94.39M$68.84M$79.33M$66.08M$60.20M$91.24M$71.35M$62.04M$67.43M$25.22M$62.82M$54.34M
High Forecast$69.95M$59.10M$56.72M$60.56M$69.83M$58.67M$56.12M$59.74M$69.03M$59.72M$54.84M$132.48M$72.07M$64.33M$59.27M$120.43M$67.82M$71.74M$113.27M$68.84M$79.33M$66.08M$60.20M$109.49M$71.35M$62.04M$67.43M$30.26M$62.82M$54.34M
Low Forecast$68.22M$57.64M$55.32M$59.07M$68.11M$57.22M$54.73M$58.26M$68.87M$59.53M$54.84M$88.32M$71.35M$62.74M$57.81M$80.29M$45.21M$71.74M$75.52M$68.84M$79.33M$66.08M$60.20M$72.99M$71.35M$62.04M$67.43M$20.17M$62.82M$54.34M
Surprise %------------0.58%0.61%0.84%0.85%1.35%1.11%0.57%1.09%0.81%1.20%1.39%0.95%-1.73%1.54%3.14%0.99%1.55%

3 analysts predict BGS's average Quarter EBITDA for Mar 24 to be $110.40M, with a high of $132.48M and a low of $88.32M. This is 165.70% upper than B&G Foods's previous annual EBITDA (Dec 23) of $41.55M.

B&G Foods Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111132334333211122221277876
Net Income------------$2.58M$-68.77M$10.55M$3.42M$24.30M$-59.58M$256.00K$23.66M$12.17M$20.75M$24.55M$26.88M-$46.81M$44.91M$28.09M$10.26M$31.09M
Avg Forecast$23.69M$14.29M$10.72M$16.28M$23.56M$10.06M$6.09M$13.50M$23.93M$15.77M$7.46M$34.30M$22.62M$18.55M$7.61M$31.18M$-5.67M$25.28M$401.07K$30.62M$33.70M$44.55M$38.90M$28.34M$35.08M$52.64M$47.72M$26.13M$22.20M$44.94M
High Forecast$24.04M$14.51M$10.88M$16.52M$23.91M$10.21M$6.18M$13.70M$25.48M$15.87M$7.46M$41.16M$26.66M$18.73M$7.73M$37.41M$-4.54M$25.28M$481.28K$30.62M$33.70M$44.55M$38.90M$34.01M$35.08M$52.64M$47.72M$31.36M$22.20M$44.94M
Low Forecast$23.28M$14.04M$10.53M$16.00M$23.15M$9.88M$5.98M$13.26M$22.39M$15.68M$7.46M$27.44M$19.39M$18.36M$7.48M$24.94M$-6.81M$25.28M$320.85K$30.62M$33.70M$44.55M$38.90M$22.68M$35.08M$52.64M$47.72M$20.91M$22.20M$44.94M
Surprise %------------0.11%-3.71%1.39%0.11%-4.28%-2.36%0.64%0.77%0.36%0.47%0.63%0.95%-0.89%0.94%1.08%0.46%0.69%

B&G Foods's average Quarter net income forecast for Mar 24 is $34.30M, with a range of $27.44M to $41.16M. BGS's average Quarter net income forecast represents a 1231.90% increase compared to the company's last Quarter net income of $2.58M (Dec 23).

B&G Foods SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111132334333211122221277876
SG&A------------$53.25M$142.80M$47.87M$46.73M$51.85M$47.52M$44.20M$46.84M$58.48M$46.41M$47.08M$50.38M-$43.40M$44.35M$39.97M$44.48M$38.11M
Avg Forecast$51.48M$43.49M$41.74M$44.57M$51.39M$43.18M$41.30M$43.96M$51.33M$44.39M$40.83M$64.28M$53.37M$47.34M$43.62M$58.44M$61.65M$49.67M$69.24M$47.67M$54.93M$45.76M$41.68M$53.13M$49.40M$42.96M$46.69M$37.18M$43.50M$37.63M
High Forecast$52.07M$44.00M$42.23M$45.09M$51.99M$43.68M$41.78M$44.47M$51.39M$44.46M$40.83M$77.14M$53.66M$47.89M$44.13M$70.13M$73.98M$49.67M$83.09M$47.67M$54.93M$45.76M$41.68M$63.75M$49.40M$42.96M$46.69M$44.62M$43.50M$37.63M
Low Forecast$50.79M$42.91M$41.19M$43.98M$50.71M$42.60M$40.75M$43.38M$51.27M$44.32M$40.83M$51.43M$53.12M$46.71M$43.04M$46.75M$49.32M$49.67M$55.39M$47.67M$54.93M$45.76M$41.68M$42.50M$49.40M$42.96M$46.69M$29.75M$43.50M$37.63M
Surprise %------------1.00%3.02%1.10%0.80%0.84%0.96%0.64%0.98%1.06%1.01%1.13%0.95%-1.01%0.95%1.08%1.02%1.01%

B&G Foods's average Quarter SG&A projection for Mar 24 is $64.28M, based on 3 Wall Street analysts, with a range of $51.43M to $77.14M. The forecast indicates a 20.73% rise compared to BGS last annual SG&A of $53.25M (Dec 23).

B&G Foods EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111132334333211122221277876
EPS------------$0.03$-0.94$0.15$0.05$0.34$-0.83-$0.34$0.19$0.32$0.38$0.42-$0.73$0.70$0.44$0.16$0.48
Avg Forecast$0.30$0.18$0.14$0.20$0.30$0.13$0.08$0.17$0.30$0.20$0.09$0.21$0.28$0.23$0.10$0.25$0.22$0.32$0.21$0.39$0.42$0.56$0.49$0.55$0.44$0.66$0.60$0.48$0.28$0.57
High Forecast$0.30$0.18$0.14$0.21$0.30$0.13$0.08$0.17$0.32$0.20$0.09$0.21$0.34$0.24$0.10$0.25$0.22$0.32$0.21$0.39$0.42$0.56$0.49$0.55$0.44$0.66$0.60$0.48$0.28$0.57
Low Forecast$0.29$0.18$0.13$0.20$0.29$0.12$0.08$0.17$0.28$0.20$0.09$0.21$0.24$0.23$0.09$0.25$0.21$0.32$0.21$0.39$0.42$0.56$0.49$0.55$0.44$0.66$0.60$0.48$0.28$0.57
Surprise %------------0.12%-4.02%1.56%0.20%1.57%-2.61%0.02%0.88%0.45%0.57%0.78%0.76%-1.10%1.16%0.92%0.57%0.85%

According to 3 Wall Street analysts, B&G Foods's projected average Quarter EPS for Mar 24 is $0.21, with a low estimate of $0.21 and a high estimate of $0.21. This represents a 534.76% increase compared to BGS previous annual EPS of $0.03 (Dec 23).

B&G Foods Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LWLamb Weston$63.69$83.5031.10%Buy
CPBCampbell Soup$41.64$52.1125.14%Hold
CAGConagra Brands$27.64$32.2516.68%Hold
GISGeneral Mills$63.74$74.0016.10%Hold
KHCKraft Heinz$30.64$35.1714.78%Buy
SJMJ. M. Smucker$111.42$127.7514.66%Hold
BGSB&G Foods$7.10$8.0012.68%Hold
MKCMcCormick$78.03$81.834.87%Hold
HRLHormel Foods$31.61$32.001.23%Hold
KKellogg$80.82$78.06-3.41%Hold

BGS Forecast FAQ


Is B&G Foods a good buy?

No, according to 5 Wall Street analysts, B&G Foods (BGS) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of BGS's total ratings.

What is BGS's price target?

B&G Foods (BGS) average price target is $8 with a range of $8 to $8, implying a 12.68% from its last price of $7.1. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will B&G Foods stock go up soon?

According to Wall Street analysts' prediction for BGS stock, the company can go up by 12.68% (from the last price of $7.1 to the average price target of $8), up by 12.68% based on the highest stock price target, and up by 12.68% based on the lowest stock price target.

Can B&G Foods stock reach $11?

BGS's average twelve months analyst stock price target of $8 does not support the claim that B&G Foods can reach $11 in the near future.

What are B&G Foods's analysts' financial forecasts?

B&G Foods's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.92B (high $1.94B, low $1.89B), average EBITDA is $241.55M (high $244.35M, low $238.33M), average net income is $53.2M (high $54M, low $52.28M), average SG&A $179.83M (high $181.92M, low $177.43M), and average EPS is $0.67 (high $0.68, low $0.658). BGS's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.94B (high $1.96B, low $1.91B), average EBITDA is $243.51M (high $246.33M, low $240.26M), average net income is $64.98M (high $65.96M, low $63.85M), average SG&A $181.28M (high $183.39M, low $178.86M), and average EPS is $0.818 (high $0.831, low $0.804).

Did the BGS's actual financial results beat the analysts' financial forecasts?

Based on B&G Foods's last annual report (Dec 2023), the company's revenue was $2.06B, which missed the average analysts forecast of $2.07B by -0.27%. Apple's EBITDA was $80.42M, missing the average prediction of $294.23M by -72.67%. The company's net income was $-66.198M, missing the average estimation of $79.96M by -182.79%. Apple's SG&A was $196.04M, missing the average forecast of $202.77M by -3.32%. Lastly, the company's EPS was $-0.89, missing the average prediction of $0.864 by -202.97%. In terms of the last quarterly report (Dec 2023), B&G Foods's revenue was $578.13M, beating the average analysts' forecast of $569.65M by 1.49%. The company's EBITDA was $41.55M, missing the average prediction of $71.68M by -42.04%. B&G Foods's net income was $2.58M, missing the average estimation of $22.62M by -88.62%. The company's SG&A was $53.25M, missing the average forecast of $53.37M by -0.23%. Lastly, the company's EPS was $0.0328, missing the average prediction of $0.285 by -88.49%