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B&G Foods (B&G Foods) Beta : 1.07 (As of Apr. 25, 2024)


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What is B&G Foods Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-04-25), B&G Foods's Beta is 1.07.


B&G Foods Beta Historical Data

The historical data trend for B&G Foods's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

B&G Foods Beta Chart

B&G Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.46 0.08 0.23 0.89

B&G Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.68 0.72 0.68 0.89

Competitive Comparison of B&G Foods's Beta

For the Packaged Foods subindustry, B&G Foods's Beta, along with its competitors' market caps and Beta data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


B&G Foods's Beta Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, B&G Foods's Beta distribution charts can be found below:

* The bar in red indicates where B&G Foods's Beta falls into.



B&G Foods Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.


B&G Foods  (NYSE:BGS) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)


B&G Foods Beta Related Terms

Thank you for viewing the detailed overview of B&G Foods's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


B&G Foods (B&G Foods) Business Description

Traded in Other Exchanges
Address
Four Gatehall Drive, Parsippany, NJ, USA, 07054
B&G Foods Inc is an American packaged-food manufacturer. The company sells its products in the United States, Canada, and Puerto Rico. The company's main brands are Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, MacDonald's, Mama Mary's, Maple Grove Farms, Regina, Sa-son, Sclafani, Smart Puffs, Spice Islands, Spring Tree, and Wright's. The company distributes its products through multiple channels to supermarkets, wholesalers, mass merchants, warehouse clubs, and food service distributors, among others.
Executives
Jordan E Greenberg officer: EVP & Chief Commercial Officer C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Bruce C Wacha officer: EVP of Corp Strategy & Bus Dev C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
David L Wenner director, officer: President & CEO C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Andrew D Vogel officer: EVP, PRESIDENT OF MEALS C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Alfred Poe director C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Kristen A. Thompson officer: SVP, President of Frozen & Veg C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Keller Kenneth C Jr director, officer: President & CEO C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Debra M Chase director C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Deann L Brunts director C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Ellen M Schum officer: EVP & Chief Customer Officer C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Erich A Fritz officer: EVP-Chief Supply Chain Officer C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Kenneth G. Romanzi officer: EVP & Chief Operating Officer C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Cheryl M Palmer director C/O B&G FOODS, INC., 4 GATEHALL DRIVE, PARSIPPANY NJ 07054
Michael Adasczik officer: VP, Chief Accounting Officer C/O B&G FOODS, INC., FOUR GATEHALL DRIVE, PARSIPPANY NJ 07054
Robert D Mills director TRACTOR SUPPLY COMPANY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027

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