Bridgford Foods (NASDAQ:BRID – Get 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:BRID – Free 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
View Our Latest Stock Report on Bridgford Foods
About Bridgford Foods
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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