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Is this Large Market Cap Stock target price reasonable for B&G Foods Inc. (NYSE:BGS)?

The company in question is, B&G Foods Inc. (NYSE:BGS) currently with a stock price of 48.39 (0.42% today). The market cap for B&G Foods Inc. is 3197.41, and is in the sector Consumer Goods, and Processed & Packaged Goods industry. The target price for B&G Foods Inc. is 52.38. Currently B&G Foods Inc. is trading with a P/E of 30.64, and a forward P/E of 20.03. Average volume for B&G Foods Inc. is 646.09 and so far today it is 103005.

Performance in the last year for B&G Foods Inc. has been 40.18%. For EPS growth, B&G Foods Inc. has seen a growth of 60.00%, and is looking to grow in the next year to 9.86%. More long term stats show that EPS growth has been 12.70% over the last five years and could be 18.23% for the next five years. B&G Foods Inc. has seen sales growth quarter over quarter at 58.30%, with EPS growth quarter over quarter at 45.50%. The 20-day simple moving average is 1.03%, with the 200-day simple moving average coming to 17.85%.

Since the IPO date for B&G Foods Inc. on the 5/23/2007, B&G Foods Inc. has seen performance year to date to be 41.79%. With B&G Foods Inc. trading at 48.39, the dividend yield is 3.49%, and the EPS is 1.57.

So could B&G Foods Inc., be undervalued? Well as said before P/E is 30.64. The PEG is 1.68, P/S is 2.63 and the P/B is at 4.85. The P/cash is 29.72, with P/free cash flow at 19.9.

B&G Foods Inc. ability to deal with debt shows that the current ratio is 4.9, and the quick ratio is 2.3. This is with long term debt/equity at 2.48, and total debt/equity at 2.49.

In terms of margins, B&G Foods Inc. has a gross margin of 31.80%, an operating margin of 18.70% and a profit margin of 7.80%.Payout ratio for B&G Foods Inc. is 97.70%. Return on assets come to 4.00% with return on investment coming to 5.50%.

Insider ownership for B&G Foods Inc., is at 1.50% and institutional ownership comes to 79.00%. Outstanding shares are at 66.35. While shares float is 65.11. The float short is currently 5.93%, and short ratio is 5.98.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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