Is B&G Foods Stock a Buy or Hold at a P/E Multiple of 10.7X?

B&G Foods, Inc. (BGS) is currently trading at a notably low price-to-earnings (P/E) multiple, which is below the Zacks Food – Miscellaneous industry and broader Consumer Staples averages. With a forward 12-month P/E ratio of 10.69, BGS stands below the industry average of 16.21X and the sector's 17.94X. Image Source: Zacks Investment Research The stock is undervalued compared with its industry peers, offering compelling value to investors looking for exposure to the consumer staple sector. Furthermore, BGS' ...