David Wenner - BG Foods CEO

BGS Stock  USD 10.56  0.19  1.77%   

CEO

Mr. David L. Wenner is Director of the Company. Mr. Wenner served as our President and Chief Executive Officer from March 1993 through December 2014. Mr. Wenner joined our company in 1989 as Assistant to the President and was directly responsible for Distribution and Bloch Guggenheimer operations. In 1991, he was promoted to Vice President and assumed responsibility for all company manufacturing operations. Prior to joining our company, Mr. Wenner spent 13 years at Johnson Johnson in supervision and management positions, responsible for manufacturing, maintenance and purchasing. Mr. Wenner was active in industry trade groups and has served as President of Pickle Packers International and on the Chairman Advisory Council of the Grocery Manufacturers Association. since 2021.
Age 71
Tenure 3 years
Address Four Gatehall Drive, Parsippany, NJ, United States, 07054
Phone973 401 6500
Webhttps://www.bgfoods.com

David Wenner Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Wenner against BG Foods stock is an integral part of due diligence when investing in BG Foods. David Wenner insider activity provides valuable insight into whether BG Foods is net buyers or sellers over its current business cycle. Note, BG Foods insiders must abide by specific rules, including filing SEC forms every time they buy or sell BG Foods'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

BG Foods Management Efficiency

The company has Return on Asset of 0.0412 % which means that on every $100 spent on assets, it made $0.0412 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0777) %, meaning that it generated no profit with money invested by stockholders. BG Foods' management efficiency ratios could be used to measure how well BG Foods manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 2.12 B in debt with debt to equity (D/E) ratio of 2.52, meaning that the company heavily relies on borrowing funds for operations. BG Foods has a current ratio of 3.2, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist BG Foods until it has trouble settling it off, either with new capital or with free cash flow. So, BG Foods' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BG Foods sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BGS to invest in growth at high rates of return. When we think about BG Foods' use of debt, we should always consider it together with cash and equity.

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BG Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico. BG Foods, Inc. was founded in 1822 and is headquartered in Parsippany, New Jersey. BG Foods operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. It employs 3096 people. BG Foods (BGS) is traded on New York Stock Exchange in USA. It is located in Four Gatehall Drive, Parsippany, NJ, United States, 07054 and employs 2,912 people. BG Foods is listed under Packaged Foods & Meats category by Fama And French industry classification.

Management Performance

BG Foods Leadership Team

Elected by the shareholders, the BG Foods' board of directors comprises two types of representatives: BG Foods inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BGS. The board's role is to monitor BG Foods' management team and ensure that shareholders' interests are well served. BG Foods' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BG Foods' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ellen Schum, Executive Vice President and Chief Customer Officer
Charles Marcy, Independent Director
Thomas Crimmins, CFO and Executive VP of Fin.
Vanessa Maskal, Executive VP of Sales and Marketing
Robert Cantwell, CEO and President Inside Director and Member of Strategy Committee
Kenneth Keller, President, Chief Executive Officer, Director
Kristen Thompson, Senior Vegetables
Eric Hart, Chief Human Resource Officer, Executive Vice President of Human Resources
Marty Schoch, Senior Chain
Alfred Poe, Independent Director
Michael Adasczik, Chief Accounting Officer, Vice President - Finance
Jordan Greenberg, Executive Vice President and Chief Commercial Officer
Tessie Gallagher, Senior Sales
Bruce Wacha, Chief Financial Officer, Executive Vice President - Finance
Debra Chase, Independent Director
Amy Chiovari, Interim CFO, Corporate Controller
Gary Benedict, Senior Operations
David Wenner, Interim President and Chief Executive Officer, Director
Stephen Sherrill, Independent Chairman of the Board
Dennis Mullen, Independent Director
Cheryl Palmer, Independent Director
Scott Lerner, Chief Compliance Officer, Executive Vice President, General Counsel, Secretary
William Wright, Executive VP of Quality Assurance, RandD
DeAnn Brunts, Independent Director
Erich Fritz, Executive Vice President and Chief Supply Chain Officer
Robert Mills, Independent Director
William Herbes, Executive Vice President - Operations
Kenneth Romanzi, President, Chief Executive Officer, Chief Operating Officer, Director

BGS Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is BG Foods a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

BG Foods Investors Sentiment

The influence of BG Foods' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BGS. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to BG Foods' public news can be used to forecast risks associated with an investment in BGS. The trend in average sentiment can be used to explain how an investor holding BGS can time the market purely based on public headlines and social activities around BG Foods. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
BG Foods' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BG Foods' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average BG Foods' news discussions. The higher the estimated score, the more favorable is the investor's outlook on BG Foods.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BG Foods in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BG Foods' short interest history, or implied volatility extrapolated from BG Foods options trading.

Pair Trading with BG Foods

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BG Foods position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BG Foods will appreciate offsetting losses from the drop in the long position's value.

Moving against BGS Stock

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The ability to find closely correlated positions to BG Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BG Foods when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BG Foods - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BG Foods to buy it.
The correlation of BG Foods is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BG Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BG Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BG Foods can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether BG Foods is a strong investment it is important to analyze BG Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BG Foods' future performance. For an informed investment choice regarding BGS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BG Foods. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
For more information on how to buy BGS Stock please use our How to Invest in BG Foods guide.
Note that the BG Foods information on this page should be used as a complementary analysis to other BG Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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Is BG Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BG Foods. If investors know BGS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BG Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.91)
Dividend Share
0.76
Earnings Share
(0.89)
Revenue Per Share
27.769
Quarterly Revenue Growth
(0.07)
The market value of BG Foods is measured differently than its book value, which is the value of BGS that is recorded on the company's balance sheet. Investors also form their own opinion of BG Foods' value that differs from its market value or its book value, called intrinsic value, which is BG Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BG Foods' market value can be influenced by many factors that don't directly affect BG Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BG Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if BG Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BG Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.