Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $51.25 on B&G Foods, Inc. (NYSE:BGS) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.20 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of B&G Foods, Inc. (NYSE:BGS) stands at 30.42.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For B&G Foods, Inc. B&G Foods, Inc., the PEG ratio for coming 3-5 years is 1.31.
The technical analysis highlights that B&G Foods, Inc. B&G Foods, Inc. current is trading $0.08 points away or +0.18% from its 50-day moving average of $48.16. Further it is trading $7.58 or +18.63% away its 200-day moving average of $40.66.
The 52-week high of B&G Foods, Inc. (NYSE:BGS) was $52.84 while lowest point recorded in 52-week was $28.12. It implies if stock price makes a movement of over $-4.60, it will record a new 52-week high. In the case of +71.55% drop, it will touch a new 52-week low.
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