Bridgford Foods Stock Today
| BRID Stock | USD 10.62 0.14 1.30% |
Performance0 of 100
| Odds Of DistressLess than 8
|
Bridgford Foods is trading at 10.62 as of the 19th of April 2024, a -1.3 percent decrease since the beginning of the trading day. The stock's lowest day price was 10.62. Bridgford Foods has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Bridgford Foods are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Food, Beverage & Tobacco | IPO Date 7th of September 1984 | Category Consumer Defensive | Classification Consumer Staples |
Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen, refrigerated, and snack food products in the United States. Bridgford Foods Corporation is a subsidiary of Bridgford Industries Incorporated. Bridgford Foods operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. The company has 9.08 M outstanding shares of which 3.98 K shares are currently shorted by private and institutional investors with about 1.62 trading days to cover. More on Bridgford Foods
Moving against Bridgford Stock
| 0.6 | DLTR | Dollar Tree Financial Report 23rd of May 2024 | PairCorr |
| 0.41 | UG | United Guardian | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Bridgford Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bridgford Foods' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bridgford Foods or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | William Bridgford | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Packaged Foods & Meats, Food, Beverage & Tobacco, Consumer Defensive, NASDAQ Composite, NASDAQ Composite Total, Processed Foods, Natural Foods, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Bridgford Foods report their recommendations after researching Bridgford Foods' financial statements, talking to executives and customers, or listening in on Bridgford Foods' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Bridgford Foods. The Bridgford consensus assessment is calculated by taking the average forecast from all of the analysts covering Bridgford Foods. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Bridgford Foods' liquidity, profitability, solvency, and operating efficiency, Bridgford Foods is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Bridgford Foods is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Bridgford Foods' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Bridgford Foods' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Bridgford Foods' financial leverage. It provides some insight into what part of Bridgford Foods' total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Bridgford Foods (BRID) is traded on NASDAQ Exchange in USA. It is located in 1707 South Good-Latimer Expressway, Dallas, TX, United States, 75226 and employs 671 people. Bridgford Foods is listed under Packaged Foods & Meats category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 96.4 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bridgford Foods's market, we take the total number of its shares issued and multiply it by Bridgford Foods's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Bridgford Foods conducts business under Food Products sector and is part of Consumer Staples industry. The entity has 9.08 M outstanding shares of which 3.98 K shares are currently shorted by private and institutional investors with about 1.62 trading days to cover.
Bridgford Foods currently holds about 20.11 M in cash with 3.98 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.21.
Check Bridgford Foods Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Bridgford Foods is $96.4 Million. Bridgford Foods shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 80.7 percent of Bridgford Foods outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Bridgford Ownership Details
Bridgford Stock Price Odds Analysis
What are Bridgford Foods' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Bridgford Foods jumping above the current price in 90 days from now is about 80.57%. The Bridgford Foods probability density function shows the probability of Bridgford Foods stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Bridgford Foods has a beta of 0.0895 suggesting as returns on the market go up, Bridgford Foods average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bridgford Foods will be expected to be much smaller as well. Additionally, bridgford Foods has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Bridgford Foods to move above the current price in 90 days from now is about 80.57 (This Bridgford Foods probability density function shows the probability of Bridgford Stock to fall within a particular range of prices over 90 days) .
Bridgford Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Bridgford Foods that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Bridgford Foods' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Bridgford Foods' value.| Instituion | Recorded On | Shares | |
| Hanson Mcclain Inc | 2023-12-31 | 163 | |
| Royal Bank Of Canada | 2023-12-31 | 133 | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 100.0 | |
| Jpmorgan Chase & Co | 2023-12-31 | 21.0 | |
| Wells Fargo & Co | 2023-12-31 | 13.0 | |
| Ubs Group Ag | 2023-12-31 | 5.0 | |
| Millennium Management Llc | 2023-09-30 | 0.0 | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 179.8 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 70.8 K | |
| Neuberger Berman Group Llc | 2023-12-31 | 50.8 K | |
| Vanguard Group Inc | 2023-12-31 | 48.6 K |
Bridgford Foods Historical Income Statement
Bridgford Foods Income Statement is one of the three primary financial statements used for reporting Bridgford's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Bridgford Foods revenue and expense. Bridgford Foods Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Bridgford Foods' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 298.1 M, whereas Total Revenue is forecasted to decline to about 145.5 M. View More FundamentalsBridgford Stock Against Markets
Picking the right benchmark for Bridgford Foods stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Bridgford Foods stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Bridgford Foods is critical whether you are bullish or bearish towards Bridgford Foods at a given time. Please also check how Bridgford Foods' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bridgford Foods without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Bonds Directory Now
Bonds DirectoryFind actively traded corporate debentures issued by US companies |
| All Next | Launch Module |
Bridgford Foods Corporate Directors
Bridgford Foods corporate directors refer to members of a Bridgford Foods board of directors. The board of directors generally takes responsibility for the Bridgford Foods' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Bridgford Foods' board members must vote for the resolution. The Bridgford Foods board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Paul Zippwald | Independent Director | Profile | |
| Todd Andrews | Independent Director | Profile | |
| Raymond Lancy | CFO, Executive VP, Treasurer and Director | Profile | |
| Allan Bridgford | VP and Director | Profile |
How to buy Bridgford Stock?
Before investing in Bridgford Foods, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Bridgford Foods. To buy Bridgford Foods stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Bridgford Foods. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Bridgford Foods stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Bridgford Foods stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Bridgford Foods stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Bridgford Foods, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Bridgford Stock please use our How to Invest in Bridgford Foods guide.
Already Invested in Bridgford Foods?
The danger of trading Bridgford Foods is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Bridgford Foods is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Bridgford Foods. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bridgford Foods is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Bridgford Foods is a strong investment it is important to analyze Bridgford 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 Bridgford Foods' future performance. For an informed investment choice regarding Bridgford Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bridgford 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 gross domestic product. For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Bridgford Stock analysis
When running Bridgford Foods' price analysis, check to measure Bridgford Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bridgford Foods is operating at the current time. Most of Bridgford Foods' value examination focuses on studying past and present price action to predict the probability of Bridgford Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridgford Foods' price. Additionally, you may evaluate how the addition of Bridgford Foods to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Stocks Directory Find actively traded stocks across global markets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |
Is Bridgford 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 Bridgford Foods. If investors know Bridgford 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 Bridgford 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 0.325 | Earnings Share 0.42 | Revenue Per Share 26.976 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0168 |
The market value of Bridgford Foods is measured differently than its book value, which is the value of Bridgford that is recorded on the company's balance sheet. Investors also form their own opinion of Bridgford Foods' value that differs from its market value or its book value, called intrinsic value, which is Bridgford 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 Bridgford Foods' market value can be influenced by many factors that don't directly affect Bridgford 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 Bridgford Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridgford Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bridgford 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.