Bridgford Foods (NASDAQ:BRID) Releases Earnings Results

Bridgford Foods (NASDAQ:BRIDGet Free Report) posted its earnings results on Monday. The company reported ($0.54) EPS for the quarter, FiscalAI reports. Bridgford Foods had a negative net margin of 6.07% and a negative return on equity of 12.07%. The business had revenue of $50.04 million for the quarter.

Bridgford Foods Trading Down 1.7%

BRID stock opened at $7.30 on Wednesday. Bridgford Foods has a 12-month low of $7.00 and a 12-month high of $8.74. The stock has a market cap of $66.28 million, a price-to-earnings ratio of -4.71 and a beta of -0.20. The business’s 50-day moving average is $7.62 and its 200 day moving average is $7.68.

Institutional Investors Weigh In On Bridgford Foods

A hedge fund recently bought a new stake in Bridgford Foods stock. Private Management Group Inc. acquired a new position in Bridgford Foods Corporation (NASDAQ:BRIDFree Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 26,850 shares of the company’s stock, valued at approximately $213,000. Private Management Group Inc. owned about 0.30% of Bridgford Foods at the end of the most recent quarter. Institutional investors and hedge funds own 4.68% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Bridgford Foods in a research report on Monday, April 20th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

View Our Latest Stock Report on Bridgford Foods

About Bridgford Foods

(Get Free Report)

Bridgford Foods Corporation is a U.S.-based producer and distributor of specialty baked goods and snack products. The company manufactures a range of ready-to-heat and shelf-stable items, including sandwich rolls, hot dog buns, bagels, English muffins, pizza crusts, tortillas and flatbreads. In addition to its branded offerings, Bridgford Foods provides private-label manufacturing for foodservice operators, retail grocers and specialty distributors, positioning itself as a versatile supplier in both consumer and commercial channels.

Operating through distinct Retail and Foodservice segments, Bridgford Foods serves national grocery chains, club stores, convenience markets and institutional customers.

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Earnings History for Bridgford Foods (NASDAQ:BRID)

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