NEW YORK, November 15, 2017 /PRNewswire/ --
If you want a Stock Review on BGS, CAG, CPB, or FLO then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Consumer packaged goods are a type of goods consumed every day by the average consumer. The goods that comprise this category are ones that need to be replaced frequently, compared to those that are usable for extended periods of time. In today's pre-market research, DailyStockTracker.com covers the performance of these four Processed and Packaged Goods companies: B&G Foods Inc. (NYSE: BGS), Conagra Brands Inc. (NYSE: CAG), Campbell Soup Co. (NYSE: CPB), and Flowers Foods Inc. (NYSE: FLO). Daily Stock Tracker published free research reports on these stocks today at:
Parsippany, New Jersey headquartered B&G Foods Inc.'s shares gained 2.53%, closing Tuesday's trading session at $34.40. The stock recorded a trading volume of 966,369 shares. The Company's shares have advanced 5.68% in the last month and 8.69% over the previous three months. The stock is trading 7.03% above its 50-day moving average. Additionally, shares of B&G Foods have a Relative Strength Index (RSI) of 58.43.
On November 01st, 2017, research firm Stephens upgraded the Company's stock rating from 'Equal-Weight' to 'Overweight'.
On November 06th, 2017, B&G Foods announced that it will appoint Executive Vice President of Corporate Strategy and Business Development, Bruce C. Wacha, to Executive Vice President of Finance and CFO, effective November 27th, 2017. As CFO, Mr. Wacha will oversee the Company's finance organization and be responsible for all financial and accounting matters. See our free and comprehensive research report on BGS at:
On Tuesday, shares in Chicago, Illinois headquartered Conagra Brands Inc. recorded a trading volume of 3.84 million shares, which was above their three months average volume of 3.53 million shares. The stock rose 2.96%, ending the day at $35.87. The Company's shares have advanced 3.97% in the past month and 2.08% in the previous three months. The stock is trading above its 50-day moving average by 5.44%. Furthermore, shares of Conagra Brands, which together with its subsidiaries, operates as a food company in North America, have an RSI of 65.63.
On October 23rd, 2017, Conagra Brands announced that it has completed the acquisition of Angie's Artisan Treats, LLC, the maker of Angie's BOOMCHICKAPOP ready-to-eat popcorn, from TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, for $250 million. The definitive agreement to acquire Angie's was announced on September 22nd, 2017.
On October 30th, 2017, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy' while revising its previous target price from $36 a share to $38 a share. CAG free research report is just a click away at:
Camden, New Jersey headquartered Campbell Soup Co.'s stock finished the day 1.14% higher at $47.81 with a total trading volume of 1.71 million shares. The Company's shares have advanced 2.49% in the last one month. The stock is trading above its 50-day moving average by 2.34%. Additionally, shares of Campbell Soup have an RSI of 54.96.
On October 30th, 2017, Campbell Soup (CPB) announced that it is joining the Plant Based Foods Association (PBFA), the US only trade group representing the fast-growing plant-based foods sector. Launched in March 2016, PBFA advocates on behalf of its members and works to expand markets in the Retail and Foodservice sectors. CPB is the first major food company to join the PBFA. Sign up for your complimentary report on CPB at:
Shares in Thomasville, Georgia headquartered Flowers Foods Inc. ended yesterday's session 3.54% higher at $19.57. The stock recorded a trading volume of 2.04 million shares, which was above its three months average volume of 1.21 million shares. The Company's shares have advanced 3.27% in the last one month and 9.64% over the previous three months. The stock is trading 5.93% and 5.13% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Flowers Foods, which produces and markets bakery products in the US, have an RSI of 65.88.
On November 08th, 2017, Flowers Foods reported financial results for the 12-week Q3 ended October 07th, 2017. On a consolidated basis, sales for the quarter increased to $932.8 million, net income decreased to a loss of $33.6 million, operating income decreased to a loss of $53.8 million, and adjusted EBITDA increased to $112.4 million. In Q3 of fiscal 2017, cash flow from operating activities was $50.4 million, capital expenditures were $19.3 million, and dividends paid were $35.6 million.
On November 09th, 2017, research firm Pivotal Research Group upgraded the Company's stock rating from 'Hold' to 'Buy', with a target price of $23 per share. FLO free research report is just a click away at:
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