B&G Foods Inc
Archer Daniels Midland Reports Another Disappointing Quarter
In 3Q15, Archer Daniels Midland earned $684 million in operating profit, down $257 million from 3Q14. Its net revenue for the quarter was $16.6 billion.
What Do Analysts Recommend for Archer Daniels Midland?
Now, ~8% gave Archer Daniels Midland a “buy” rating. No analysts rated it a “sell.” The average target price for the company fell to $36.60 as of April 26.
What Are Analysts’ Target Prices before ADM’s 2Q16 Results?
Around 77% of the analysts rate Archer Daniels Midland a “hold” and 23% gave it a “buy” rating. No analysts rated it as a “sell.”
Sony Announces New Plans for Future Growth
Sony fell by 1.6% to close at $32.64 per share during the fifth week of August, with weekly, monthly, and YTD price movements of -1.6%, 0.12%, and 32.6%.
What Has Hormel Foods Planned for Fiscal 2016?
Hormel Foods (HRL) announced a 16% increase in its annual dividend, effective fiscal 2016. The annual dividend is now raised to $1.16 per share to be paid in fiscal 2016.
B&G Foods Had a Strong Performance in 3Q15
B&G Foods reported strong GAAP net income of $19.8 million, or $0.34 per diluted share, for 3Q15—compared to a reported net loss of $4.4 million in 3Q14.
Hershey to Acquire Pirate Brands for $420 Million
Hershey (HSY) announced that it is acquiring Pirate Brands from B&G Foods (BGS) for $420 million.
General Mills Stock Fell Due to Weak Fiscal 3Q17 Sales
General Mills (GIS) reported its fiscal 3Q17 earnings on March 21, 2017. The results are for a three-month period ending on February 26, 2017.
How General Mills’s Fiscal 3Q17 Earnings Could Affect Its Stock
General Mills (GIS) plans to announce its fiscal 3Q17 results on March 21, 2017. The company’s management lowered its EPS growth guidance to 5%–7% from its earlier guidance of 6%–8%.
Hormel Foods International Names Gadsden Asia-Pacific President
Hormel Foods (HRL) rose 2.0% to close at $35.31 per share during the third week of December 2016.
Citigroup Gives B&G Foods a ‘Neutral’ Rating
B&G Foods (BGS) rose 1.6% to close at $44.55 per share during the third week of December 2016.
Why Did General Mills’ Revenue Fall in Fiscal 2Q17?
General Mills (GIS) classifies its business into three operating segments: US Retail, International, and Convenience Stores and Foodservice.
General Mills Stock Falls on Weak Fiscal 2Q17 Earnings
General Mills (GIS), a Minneapolis-based consumer food products manufacturing company, reported its fiscal 2Q17 earnings on December 20, 2016.
Can Investors Expect Momentum from General Mills’ Fiscal 2Q17 Earnings?
Since the announcement of its fiscal 1Q17 earnings on September 21, 2016, General Mills’ (GIS) share price has fallen 3.6%.
B&G Foods Acquired Victoria Fine Foods for $70 Million
B&G Foods (BGS) declared a quarterly cash dividend of $0.47 per share on its common stock. This dividend will be paid on January 30, 2017, to shareholders of record on December 30, 2016.
B&G Foods Acquired ACH Food Companies’ Business
B&G Foods (BGS) rose 5.5% to close at $43.25 per share during the fourth week of November 2016.
WestRock Company Declares Dividend of $0.40 per Share
WestRock (WRK) reported fiscal 3Q16 net sales of $3.6 billion, a rise of 44.0% compared to net sales of $2.5 billion in fiscal 3Q15.
B&G Foods Declares Dividend of $0.465 per Share
B&G Foods (BGS) reported fiscal 3Q16 reported net sales of $318.2 million, a rise of 49.2% compared to net sales of $213.3 million in fiscal 3Q15.
Harley-Davidson Rose Again on Rumors
Harley-Davidson (HOG) rose 1.6% to close at $52.52 per share during the third week of September 2016.
B&G Foods Plans to Acquire ACH’s Spices and Seasoning Business
B&G Foods (BGS) rose 5.9% to close at $50.33 per share during the third week of September 2016.
B&G Foods Will Present at Consumer Staples Conference on September 7
BGS rose by 2.3% to close at $48.16 per share during the fifth week of August, with weekly, monthly, and YTD price movements of 2.3%, -6.0%, and 40.5%.
Why Did Hormel Foods Increase Its Fiscal 2016 Guidance?
Hormel Foods (HRL) increased its fiscal 2016 EPS (earnings per share) guidance to $1.60–$1.64. The earlier EPS guidance range was $1.56–$1.60.
Why Does B&G Foods Plan to Offer 3,750,000 Shares?
B&G Foods (BGS) has a market cap of $3.2 billion. Its stock rose by 0.04% to close at $51.09 per share on August 8, 2016.
B&G Foods Declares a Dividend of $0.42 Per Share
B&G Foods (BGS) fell by 1.0% to close at $51.07 per share during the first week of August 2016.
Post Holdings Announces Its Preliminary 3Q16 Results
Post Holdings fell by 1.4% to close at $86.10 per share on July 25. The stock’s weekly, monthly, and YTD price movements were -2.0%, 8.3%, and 39.6%.
Why Are So Many Analysts Rating B&G Foods a ‘Hold’?
Approximately 78% of analysts rate B&G Foods a “hold,” and 22% rate it a “buy.” None of the analysts rate it a “sell.”
Analysts Have Revised EPS Estimates for B&G Foods: Why?
B&G Foods’ (BGS) earnings estimates have been on an upward trend since its fiscal 1Q16 impressive results. The Green Giant acquisition contributed to the results.
Post Holdings’ Talks Halted with ConAgra’s Lamb Weston Unit
Post Holdings reported fiscal 2Q16 net sales of $1.3 billion—an increase of 20.7% compared to net sales of $1.1 billion in fiscal 2Q15.
What Is Bunge’s Sustainable Expansion Strategy?
To maximize its returns, Bunge (BG) expands its operations through mergers and acquisitions, reinvests in its business, and returns value to shareholders.
How Does ADM Compare to Its Peers on Key Moving Averages?
Archer Daniels Midland stock closed at $38.20 on May 6. It’s trading 7% above its 100-day, 2.5% above its 50-day, and 0.8% below its 20-day moving averages.
TreeHouse Foods Recall and Its Business with Amazon
TreeHouse Foods (THS) fell by 1.3% to close at $90.67 per share at the end of the third week of May 2016. The stock’s year-to-date price movement was 15.6%.
What Is B&G Foods’ New Earnings Guidance?
B&G Foods (BGS) fell by 0.29% to close at $34.46 per share at the end of the third week of March 2016.
Bunge Missed Consensus Earnings Estimates by 21%
Bunge Limited (BG) reported earnings of $239 million and $1.24 per share in 2Q15.
Bunge Reported Strong Margins in a Challenging Environment
Bunge’s 3Q15 revenue fell to $10.8 billion from $13.7 billion in 3Q14, below analysts’ estimates for $12.7 billion.
How Did Bunge’s Stock React to Its Earnings Release?
On October 29, 2015, Bunge (BG) reported its third quarter results for fiscal 2015. The company’s stock is down almost 13% this year.
B&G Foods’s Earnings Beat Consensus Estimates in 2Q15
This year, analysts following B&G Foods are forecasting an earnings increase of 3.5% over last year’s earnings. Analysts expect next year’s earnings to grow 4.7% over this year’s forecasted earnings.
B&G Foods’s Upcoming Acquisition of Green Giant and Le Sueur
At the beginning of 3Q15, B&G Foods acquired Spartan Foods of America, including the Mama Mary’s brand, from Linsalata Capital Partners and other sellers for ~$50 million in cash.