B&G Foods (BGS) Stock Forecast, Price Target & Predictions
BGS Stock Forecast
B&G Foods stock forecast is as follows: an average price target of $18.00 (represents a 186.17% upside from BGS’s last price of $6.29) 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 $18.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $8.00. This represents a potential 186.17% upside from BGS's last price of $6.29.
BGS Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 11, 2024 | Michael Lavery | Piper Sandler | $8.00 | $7.73 | 3.49% | 27.19% |
| May 15, 2024 | Michael Lavery | Piper Sandler | $9.00 | $9.05 | -0.55% | 43.08% |
| Nov 11, 2022 | - | RBC Capital | $16.00 | $15.08 | 6.10% | 154.37% |
| Aug 02, 2022 | - | Piper Sandler | $27.00 | $25.16 | 7.31% | 329.25% |
| May 06, 2022 | - | Credit Suisse | $23.00 | $24.16 | -4.82% | 265.66% |
| May 06, 2022 | Robert Dickerson | Jefferies | $25.00 | $24.71 | 1.17% | 297.46% |
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 27.19% increase from BGS last price ($6.29).
B&G Foods Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $8.50 |
| Last Closing Price | $6.29 | $6.29 | $6.29 |
| Upside/Downside | -100.00% | -100.00% | 35.14% |
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 $6.29. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 06, 2024 | Cowen & Co. | Sell | Sell | Hold |
| Jul 11, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Jun 25, 2024 | Cowen & Co. | Underperform | Underperform | Hold |
| May 15, 2024 | Piper Sandler | Underweight | Neutral | Upgrade |
| Apr 09, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Mar 08, 2024 | Piper Sandler | Underweight | Underweight | Hold |
| Oct 04, 2023 | Piper Sandler | Neutral | Underweight | Downgrade |
| Dec 01, 2022 | Consumer Edge Research | - | Underweight | Downgrade |
| Nov 11, 2022 | RBC Capital | Sector Perform | Sector Perform | Hold |
| Nov 10, 2022 | BMO Capital | Market Perform | Market Perform | Hold |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $561.54M | $470.55M | $449.06M | $477.59M | $559.21M | $470.82M | $442.31M | $472.25M | $555.43M | $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 | $565.13M | $473.56M | $451.93M | $480.64M | $562.78M | $473.83M | $445.14M | $475.27M | $556.08M | $474.57M | $435.83M | $480.93M | $572.73M | $508.57M | $468.61M | $530.71M | $587.83M | $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 | $557.43M | $467.10M | $445.77M | $474.09M | $555.11M | $467.37M | $439.07M | $468.79M | $554.78M | $473.07M | $435.83M | $480.93M | $566.97M | $501.64M | $462.23M | $523.48M | $579.82M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 3 | 3 | 4 | 3 | 3 | 3 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 12 | 7 | 7 | 8 | 7 | 6 |
| 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 3 | 3 | 4 | 3 | 3 | 3 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 12 | 7 | 7 | 8 | 7 | 6 |
| 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 | $75.43M | $63.21M | $60.32M | $64.16M | $75.12M | $63.25M | $59.42M | $63.44M | $74.61M | $63.65M | $58.55M | $110.40M | $76.52M | $67.88M | $62.55M | $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 | $75.92M | $63.61M | $60.71M | $64.57M | $75.60M | $63.65M | $59.80M | $63.84M | $74.70M | $63.75M | $58.55M | $132.48M | $76.94M | $68.32M | $62.95M | $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 | $74.88M | $62.75M | $59.88M | $63.69M | $74.57M | $62.78M | $58.98M | $62.97M | $74.53M | $63.55M | $58.55M | $88.32M | $76.16M | $67.39M | $62.09M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | 0.54% | 0.57% | 0.79% | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 3 | 3 | 4 | 3 | 3 | 3 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 12 | 7 | 7 | 8 | 7 | 6 |
| 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 | $24.76M | $16.71M | $10.72M | $16.28M | $23.95M | $10.72M | $6.22M | $13.50M | $24.05M | $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 | $24.96M | $16.85M | $10.81M | $16.41M | $24.15M | $10.81M | $6.27M | $14.21M | $25.60M | $15.87M | $7.46M | $41.16M | $26.66M | $18.73M | $7.68M | $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 | $24.52M | $16.56M | $10.62M | $16.12M | $23.73M | $10.62M | $6.16M | $12.08M | $23.27M | $15.68M | $7.46M | $27.44M | $19.39M | $18.36M | $7.54M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 3 | 3 | 4 | 3 | 3 | 3 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 12 | 7 | 7 | 8 | 7 | 6 |
| 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 | $52.23M | $43.77M | $41.77M | $44.42M | $52.01M | $43.79M | $41.14M | $43.93M | $51.66M | $44.07M | $40.54M | $64.28M | $52.98M | $47.00M | $43.31M | $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 | $52.56M | $44.05M | $42.04M | $44.71M | $52.35M | $44.07M | $41.40M | $44.21M | $51.72M | $44.14M | $40.54M | $77.14M | $53.27M | $47.30M | $43.59M | $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 | $51.85M | $43.45M | $41.46M | $44.10M | $51.63M | $43.47M | $40.84M | $43.60M | $51.60M | $44.00M | $40.54M | $51.43M | $52.74M | $46.66M | $42.99M | $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% | 3.04% | 1.11% | 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 3 | 3 | 4 | 3 | 3 | 3 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 12 | 7 | 7 | 8 | 7 | 6 |
| 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 | $0.31 | $0.21 | $0.14 | $0.20 | $0.30 | $0.14 | $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 | $0.31 | $0.21 | $0.14 | $0.21 | $0.30 | $0.14 | $0.08 | $0.18 | $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 | $0.31 | $0.21 | $0.13 | $0.20 | $0.30 | $0.13 | $0.08 | $0.15 | $0.29 | $0.20 | $0.09 | $0.21 | $0.24 | $0.23 | $0.09 | $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 |
| 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BGS | B&G Foods | $6.29 | $18.00 | 186.17% | Hold |
| HRL | Hormel Foods | $30.39 | $42.86 | 41.03% | Hold |
| CAG | Conagra Brands | $27.64 | $35.25 | 27.53% | Hold |
| KHC | Kraft Heinz Company | $32.13 | $40.81 | 27.02% | Buy |
| LW | Lamb Weston | $80.07 | $98.29 | 22.76% | Buy |
| SJM | J. M. Smucker Company | $111.02 | $135.23 | 21.81% | Hold |
| GIS | General Mills | $65.23 | $75.10 | 15.13% | Hold |
| CPB | Campbell Soup Company | $44.27 | $49.56 | 11.95% | Hold |
| MKC | McCormick & Company | $75.84 | $79.44 | 4.75% | Hold |
| K | Kellanova | $81.18 | $74.03 | -8.81% | Hold |