Technical Eye on B&G Foods Inc. (NYSE:BGS)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of B&G Foods Inc. (NYSE:BGS) for the period of 9-Day stands at 29.74% while the stochastic %D for the same period stands at 25.16%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of B&G Foods Inc. (NYSE:BGS) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for B&G Foods Inc. (NYSE:BGS) while 20-100 Day MACD Oscillator indicates “Sell”.

Bollinger band is a volatility indicator of a certain security, currently B&G Foods Inc. (NYSE:BGS)’s 20-Day Bollinger Band indicates “Hold”.

About Company

B&G Foods, Inc. (formerly kown as B&G Foods Holdings Corp.) manufactures, sells, and distributes a portfolio of shelf-stable, and frozen food and household products in the United States, Canada, and Puerto Rico. Its products include frozen and canned vegetables, hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, puffed corn and rice snacks, nut clusters, and other specialty products. The company markets its products under various brands, including Accent, B&G, B&M, Bakers Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary’s, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emerils, Grandma’s Molasses, Green Giant, JJ Flats, Joan of Arc, Las Palmas, Le Sueur, MacDonalds, Mama Mary’s, Maple Grove Farms of Vermont, Molly McButter, Mrs. Dash etc.

Previous Day Activity Analysis

On the last trading day, B&G Foods Inc. (NYSE:BGS) opened the session at $33.2 and after going up 0.45% closed at $33.35. The stock gained 0.15 points in the last trade.

B&G Foods Inc. (NYSE:BGS)’s stock fluctuated in the range of $32.90 and $33.45 during the previous active session. B&G Foods Inc. (NYSE:BGS) traded with the volume of 1.47 Million with average volume of 1.1 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 0.13 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.11 and 53.75 respectively.

Currently the Insider Ownership of the shares of B&G Foods Inc. (NYSE:BGS) is at 1.4% and the shares outstanding are 66.2 Million.

Important Ratio Analysis

Some important ratios to consider here for B&G Foods Inc. (NYSE:BGS) are discussed below:

Dividend yield of B&G Foods Inc. (NYSE:BGS) stands at 5.58% whereas Price to Earnings P/E ratio stands at 22 while Forward P/E shows the value of 14.86.

The PEG ratio (Price to Earning to Growth) emits the value of 5.65. The Price to Sale P/S and Price to Book P/B shows the value of 1.37 and 2.8 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 97.69 and 0 correspondingly.

The Quick Ratio of B&G Foods Inc. (NYSE:BGS) stands at 1.1 while the Current Ratio depicts the value of 3.2.

Return on Assets ROA of B&G Foods Inc. (NYSE:BGS) is at 3.2% whereas, Return on Equity ROE and Return of Investment ROI of B&G Foods Inc. (NYSE:BGS) stand at 12.8% and 7.3% respectively.

The payout ratio of B&G Foods Inc. (NYSE:BGS) stands at 119.3%.

Stock Performance Analysis

The stock performance of B&G Foods Inc. (NYSE:BGS) on the basis of 5 day trade show the dip of -0.74% whereas, the monthly performance of the stock shows increase of 2.46%.

The quarterly performance of the stock remained in green zone with the value of 4.38% while six month performance of the shares of B&G Foods Inc. (NYSE:BGS) remained bearish with the count of -18.26%.

The yearly and YTD performance of B&G Foods Inc. (NYSE:BGS) remained down at -14.92% and -23.86% respectively.