b&g foods and its subsidiaries manufacture, sell and distribute a diversified portfolio of high-quality, branded shelf-stable foods across the united states, canada and puerto rico. based in parsippany, new jersey, b&g foods’ products are marketed under many recognized brands, including ac’cent, b&g, b&m, baker’s joy, bear creek country kitchens, brer rabbit, canoleo, cary’s, cream of rice, cream of wheat, devonsheer, don pepino, emeril’s, grandma’s molasses, jj flats, joan of arc, las palmas, macdonald’s, mama mary’s, maple grove farms, molly mcbutter, mrs. dash, new york flatbreads, new york style, old london, original tings, ortega, pirate’s booty, polaner, red devil, regina, rickland orchards, sa-són, sclafani, smart puffs, spring tree, sugar twin, trappey’s, truenorth, underwood, vermont maid and wright’s. b&g foods also sells and distributes static guard, a household product brand. to view our open positions, visit us @ http://www.bgfoods.com/careers/careers.asp

Company profile
Ticker
BGS
Exchange
Website
CEO
Kenneth Romanzi
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
B&G FOODS HOLDINGS CORP
SEC CIK
Corporate docs
Subsidiaries
B&G Foods Canada, ULC • B&G Foods Manufacturing Mexico • B&G Foods North America, Inc. • B&G Foods Snacks, Inc. • Bear Creek Country Kitchens, LLC • Clabber Girl Corporation • Sirops Maple Grove Inc. • Spartan Foods of America, Inc. • Victoria Fine Foods, LLC • William Underwood Company ...
IRS number
133918742
BGS stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
B&G Foods Closes $550.0 Million Private Offering of Senior Secured Notes
26 Sep 23
8-K
B&G Foods Announces Pricing and Upsizing of Offering of Senior Secured Notes
14 Sep 23
8-K
B&G Foods Announces Proposed Offering of $500 Million of Senior Secured Notes
12 Sep 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
8-K
B&G Foods Reports Financial Results for Second Quarter 2023
3 Aug 23
S-8
Registration of securities for employees
16 Jun 23
8-K
Entry into a Material Definitive Agreement
6 Jun 23
8-K
Departure of Directors or Certain Officers
23 May 23
8-K
Entry into a Material Definitive Agreement
9 May 23
424B5
Prospectus supplement for primary offering
9 May 23
Transcripts
BGS
Earnings call transcript
2023 Q2
3 Aug 23
BGS
Earnings call transcript
2023 Q1
4 May 23
BGS
Earnings call transcript
2022 Q4
28 Feb 23
BGS
Earnings call transcript
2022 Q3
10 Nov 22
BGS
Earnings call transcript
2022 Q2
5 Aug 22
BGS
Earnings call transcript
2022 Q1
6 May 22
BGS
Earnings call transcript
2021 Q4
2 Mar 22
BGS
Earnings call transcript
2021 Q3
5 Nov 21
BGS
Earnings call transcript
2021 Q2
6 Aug 21
BGS
Earnings call transcript
2021 Q1
12 May 21
Latest ownership filings
Financial summary
Quarter (USD) | Jul 23 | Apr 23 | Dec 22 | Oct 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Jan 22 | Jan 21 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 42.77 mm | 42.77 mm | 42.77 mm | 42.77 mm | 42.77 mm | 42.77 mm |
Cash burn (monthly) | (no burn) | 21.17 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 63.27 k | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 42.71 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 2017.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
63.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 234 |
Opened positions | 22 |
Closed positions | 45 |
Increased positions | 54 |
Reduced positions | 101 |
13F shares | Current |
---|---|
Total value | 628.60 bn |
Total shares | 45.52 mm |
Total puts | 5.16 mm |
Total calls | 1.33 mm |
Total put/call ratio | 3.9 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 11.58 mm | $161.24 bn |
Vanguard | 8.84 mm | $123.03 bn |
STT State Street | 2.78 mm | $39.23 bn |
Charles Schwab Investment Management | 1.43 mm | $19.86 bn |
Geode Capital Management | 1.42 mm | $19.77 bn |
MS Morgan Stanley | 1.23 mm | $17.11 bn |
Mirae Asset Global Investments | 1.12 mm | $15.52 bn |
Dimensional Fund Advisors | 832.86 k | $11.59 bn |
NTRS Northern Trust | 791.66 k | $11.02 bn |
BK Bank Of New York Mellon | 774.67 k | $10.78 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Jun 23 | Greenberg Jordan E | Common Stock | Sell | Dispose S | No | No | 13.4525 | 13,000 | 174.88 k | 56,999 |
14 Jun 23 | Kenneth C Keller Jr | Common Stock | Payment of exercise | Dispose F | No | No | 13.42 | 814 | 10.92 k | 138,199 |
1 Jun 23 | Wenner David L | Common Stock | Grant | Acquire A | No | No | 0 | 9,059 | 0.00 | 769,451 |
1 Jun 23 | Sherrill Stephen | Common Stock | Grant | Acquire A | No | No | 0 | 9,059 | 0.00 | 145,136 |
1 Jun 23 | Sherrill Stephen | Stock Option Common Stock | Grant | Acquire A | No | No | 3.3003 | 49,995 | 165.00 k | 49,995 |
1 Jun 23 | Poe Alfred | Common Stock | Grant | Acquire A | No | No | 0 | 9,059 | 0.00 | 43,066 |
News
Analyst Ratings for B&G Foods
19 Sep 23
TD Cowen Maintains Underperform on B&G Foods, Lowers Price Target to $9.5
19 Sep 23
Benzinga's Top Ratings Upgrades, Downgrades For September 13, 2023
13 Sep 23
TD Cowen Initiates Coverage On B&G Foods with Underperform Rating, Announces Price Target of $10
13 Sep 23
B&G Foods Prices Upsized $550M Offering Of 8.00% Senior Secured Notes Due 2028
13 Sep 23
Press releases
B&G Foods Closes $550.0 Million Private Offering of Senior Secured Notes
26 Sep 23
B&G Foods Announces Pricing and Upsizing of Offering of Senior Secured Notes
12 Sep 23
B&G Foods Announces Proposed Offering of $500 Million of Senior Secured Notes
12 Sep 23
B&G Foods to Participate at the Barclays Global Consumer Staples Conference
31 Aug 23
Flavors From the Bar to the Grill: Fireball™, Buffalo Trace™ and Southern Comfort™-Inspired Seasonings Set to Launch This Month
17 Aug 23