B&G Foods Earnings Preview: Insider and Hedge Fund Activities

B&G Foods ($BGS) prepares for its earnings release, with expected revenue of $553 million and EPS of $0.31. Insider trading shows more purchases than sales, hinting at strong confidence among executives.

Date: 24-02-2025

AI Rating: 6

Earnings and Revenue Expectations
B&G Foods is scheduled to report quarterly earnings on February 25th. Analysts forecast earnings per share (EPS) of $0.31 and revenue of $553,379,000. This anticipated EPS provides a basis for evaluating the company's performance relative to previous quarters and market expectations. A lower-than-expected EPS could negatively impact stock prices, whereas exceeding expectations may lead to a price increase.

Insider Trading Activity
Insider trading reveals positive sentiment among B&G Foods executives as there were 4 purchases and only 1 sale of shares in the past six months. The significant purchase of 70,000 shares by Stephen Sherrill and multiple smaller purchases indicate a possible bullish outlook from management, which can often signal confidence to the market.

Hedge Fund Activity
The report also highlights mixed hedge fund activity concerning B&G Foods. A total of 115 institutional investors increased their holdings, while 145 reduced theirs. Notably, large moves included Vanguard removing 1,680,994 shares (-17.5%) but UBS Group adding 872,539 shares (+247.4%). The divergence in investment behavior may reflect varying outlooks on B&G Foods' future performance, potentially contributing to stock volatility.

Stocks: BGS