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BGS Stock Analysis - B&G Foods, Inc. AI Rating

BGS NYSE Food and Kindred Products DE CIK: 0001278027
Recently Updated • Analysis: Mar 20, 2026 • SEC Data: 2026-01-03
AI Rating
SELL
78% Confidence

📊 BGS Key Takeaways

Revenue: $1.8B
Net Margin: -2.4%
Free Cash Flow: $70.7M
Current Ratio: 3.32x
Debt/Equity: 4.31x
EPS: $-0.54
AI Rating: SELL with 78% confidence

Investment Thesis

B&G Foods exhibits fundamental deterioration with negative net income (-$43.3M), declining revenue (-5.4% YoY), and negative profitability margins despite adequate liquidity. The company's 4.31x debt-to-equity ratio combined with $2.0B long-term debt creates significant financial stress, though positive operating cash flow of $101.4M provides near-term runway.

BGS Strengths

  • + Positive operating cash flow of $101.4M demonstrates underlying business can generate cash
  • + Strong current ratio of 3.32x indicates adequate short-term liquidity to meet obligations
  • + Free cash flow of $70.7M provides buffer for debt service and capital maintenance
  • + Decent interest coverage of 4.9x suggests company can service debt obligations currently

BGS Risks

  • ! Negative net income of -$43.3M with -2.4% net margin indicates unprofitable operations
  • ! Revenue declining 5.4% YoY reflects weakening demand in competitive packaged food sector
  • ! Extremely high leverage with 4.31x debt-to-equity and $2.0B debt against only $452.9M equity creates refinancing risk
  • ! Low operating margin of 5.3% leaves minimal cushion for further cost pressures or revenue declines
  • ! Negative ROE (-9.6%) and ROA (-1.5%) demonstrate poor capital efficiency and value destruction

Key Metrics to Watch

BGS Financial Metrics

Revenue
$1.8B
Net Income
$-43.3M
EPS (Diluted)
$-0.54
Free Cash Flow
$70.7M
Total Assets
$2.8B
Cash Position
$56.3M

💡 AI Analyst Insight

The relatively thin 3.9% FCF margin may limit capital allocation flexibility. Strong liquidity with a 3.32x current ratio provides a solid financial cushion.

BGS Profitability Ratios

Gross Margin 21.8%
Operating Margin 5.3%
Net Margin -2.4%
ROE -9.6%
ROA -1.5%
FCF Margin 3.9%

BGS vs Consumer Sector

How B&G Foods, Inc. compares to Consumer sector averages

Net Margin
BGS -2.4%
vs
Sector Avg 8.0%
BGS Sector
ROE
BGS -9.6%
vs
Sector Avg 18.0%
BGS Sector
Current Ratio
BGS 3.3x
vs
Sector Avg 1.5x
BGS Sector
Debt/Equity
BGS 4.3x
vs
Sector Avg 0.8x
BGS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

BGS Balance Sheet & Liquidity

Current Ratio
3.32x
Quick Ratio
1.43x
Debt/Equity
4.31x
Debt/Assets
84.0%
Interest Coverage
4.94x
Long-term Debt
$2.0B

BGS 5-Year Financial Trend

BGS 5-year financial data: Year 2021: Revenue $2.1B, Net Income $76.4M, EPS $1.17. Year 2022: Revenue $2.2B, Net Income $132.0M, EPS $2.04. Year 2023: Revenue $2.2B, Net Income $67.4M, EPS $1.02. Year 2024: Revenue $2.2B, Net Income -$11.4M, EPS $-0.16. Year 2026: Revenue $2.1B, Net Income -$66.2M, EPS $-0.89.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: B&G Foods, Inc.'s revenue has shown modest growth of 0% over the 5-year period. The most recent EPS of $-0.89 indicates the company is currently unprofitable.

BGS Growth Metrics (YoY)

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
3.9%
Free cash flow / Revenue

BGS Quarterly Performance

Quarterly financial performance data for B&G Foods, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $439.3M $835.0K $0.09
Q2 2025 $424.4M $835.0K $0.05
Q1 2025 $425.4M $835.0K $0.01
Q3 2024 $461.1M $3.4M $0.09
Q2 2024 $444.6M $3.4M $0.05
Q1 2024 $475.2M $3.4M $0.05
Q3 2023 $502.7M $256.0K $-0.51
Q2 2023 $469.6M $256.0K $0.15

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

BGS Capital Allocation

Operating Cash Flow
$101.4M
Cash generated from operations
Stock Buybacks
$34.7M
Shares repurchased (TTM)
Capital Expenditures
$30.6M
Investment in assets
Dividends Paid
$60.6M
Returned to shareholders

BGS SEC Filings

Access official SEC EDGAR filings for B&G Foods, Inc. (CIK: 0001278027)

📋 Recent SEC Filings

Date Form Document Action
Mar 20, 2026 8-K tm269436d1_8k.htm View →
Mar 17, 2026 4 xslF345X05/form4-03172026_090324.xml View →
Mar 13, 2026 4 xslF345X05/form4-03132026_090309.xml View →
Mar 12, 2026 4 xslF345X05/form4-03122026_110341.xml View →
Mar 4, 2026 4 xslF345X05/form4-03042026_110320.xml View →

Frequently Asked Questions about BGS

What is the AI rating for BGS?

B&G Foods, Inc. (BGS) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are BGS's key strengths?

Positive operating cash flow of $101.4M demonstrates underlying business can generate cash. Strong current ratio of 3.32x indicates adequate short-term liquidity to meet obligations.

What are the risks of investing in BGS?

Negative net income of -$43.3M with -2.4% net margin indicates unprofitable operations. Revenue declining 5.4% YoY reflects weakening demand in competitive packaged food sector.

What is BGS's revenue and growth?

B&G Foods, Inc. reported revenue of $1.8B.

Does BGS pay dividends?

B&G Foods, Inc. pays dividends, with $60.6M distributed to shareholders in the trailing twelve months.

Where can I find BGS SEC filings?

Official SEC filings for B&G Foods, Inc. (CIK: 0001278027) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BGS's EPS?

B&G Foods, Inc. has a diluted EPS of $-0.54.

How is the AI analysis conducted?

Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.

Disclaimer: This analysis is generated by Claude AI based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2026-01-03 | Powered by Claude AI