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Consumer Defensive - Packaged Foods - NASDAQ - US
$ 9.025
0.725 %
$ 81.9 M
Market Cap
-82.05
P/E
1. INTRINSIC VALUE

Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen, refrigerated, and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company primarily offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products. It provides approximately 130 frozen food products to food service and retail customers through wholesalers, cooperatives, and distributors; and 170 snack food items to supermarkets, and mass merchandise and convenience retail stores through customer-owned distribution centers, as well as a direct store delivery network. The company was founded in 1932 and is headquartered in Dallas, Texas.[ Read More ]

The intrinsic value of one BRID stock under the base case scenario is HIDDEN Compared to the current market price of 9.03 USD, Bridgford Foods Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BRID

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FINANCIALS
252 M REVENUE
-5.36%
4.79 M OPERATING INCOME
-29.83%
3.47 M NET INCOME
-92.29%
3.98 M OPERATING CASH FLOW
150.89%
-2.38 M INVESTING CASH FLOW
-4.22%
-2.23 M FINANCING CASH FLOW
93.14%
49.3 M REVENUE
4.12%
-3.22 M OPERATING INCOME
0.83%
-1.77 M NET INCOME
19.36%
2.2 M OPERATING CASH FLOW
29.03%
-643 K INVESTING CASH FLOW
-9085.71%
592 K FINANCING CASH FLOW
206.28%
Balance Sheet Decomposition Bridgford Foods Corporation
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Current Assets 87.5 M
Cash & Short-Term Investments 15.7 M
Receivables 30.8 M
Other Current Assets 41 M
Non-Current Assets 79.5 M
Long-Term Investments 0
PP&E 67.5 M
Other Non-Current Assets 12 M
Current Liabilities 18 M
Accounts Payable 7.2 M
Short-Term Debt 2.23 M
Other Current Liabilities 8.55 M
Non-Current Liabilities 19.5 M
Long-Term Debt 5.26 M
Other Non-Current Liabilities 14.2 M
EFFICIENCY
Earnings Waterfall Bridgford Foods Corporation
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Revenue 252 M
Cost Of Revenue 181 M
Gross Profit 70.4 M
Operating Expenses 65.6 M
Operating Income 4.79 M
Other Expenses 1.32 M
Net Income 3.47 M
RATIOS
27.96% GROSS MARGIN
27.96%
1.90% OPERATING MARGIN
1.90%
1.38% NET MARGIN
1.38%
2.68% ROE
2.68%
2.08% ROA
2.08%
2.78% ROIC
2.78%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Bridgford Foods Corporation
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Net Income 3.47 M
Depreciation & Amortization 6.56 M
Capital Expenditures -2.6 M
Stock-Based Compensation 0
Change in Working Capital -5.04 M
Others -5.4 M
Free Cash Flow 1.38 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Bridgford Foods Corporation
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BRID has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.05 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Bridgford Foods Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
18.5 K USD 3
0-3 MONTHS
1 K USD 1
3-6 MONTHS
10.5 K USD 3
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Oct 01, 2024
Bought 2.73 K USD
Bridgford Brian E.
other: V.P. Production
+ 300
9.1 USD
2 months ago
Sep 11, 2024
Bought 4.36 K USD
Bridgford Brian E.
other: V.P. Production
+ 500
8.71 USD
2 months ago
Sep 11, 2024
Bought 8.8 K USD
Bridgford Allan Jr.
other: Consultant
+ 1000
8.8 USD
2 months ago
Sep 11, 2024
Bought 903 USD
Bridgford Richard Eugene
other: V.P. Ind. Relations & Safety
+ 105
8.6 USD
2 months ago
Sep 09, 2024
Bought 1.72 K USD
Bridgford Richard Eugene
other: V.P. Ind. Relations & Safety
+ 200
8.6 USD
5 months ago
Jun 12, 2024
Bought 1 K USD
Bridgford Richard Eugene
other: V.P. Ind. Relations & Safety
+ 100
10 USD
7 months ago
Apr 01, 2024
Bought 1.13 K USD
Silva Juan Luis
other: V.P. Plant Superintendent
+ 100
11.3 USD
7 months ago
Mar 20, 2024
Bought 171 USD
Bridgford Allan Jr.
other: Consultant
+ 15
11.39 USD
8 months ago
Mar 13, 2024
Bought 210 USD
Bridgford Allan Jr.
other: Consultant
+ 20
10.5 USD
8 months ago
Mar 18, 2024
Bought 2.07 K USD
Bridgford Richard Eugene
other: V.P. Ind. Relations & Safety
+ 195
10.62 USD
8 months ago
Mar 18, 2024
Bought 1.44 K USD
Bridgford Allan Jr.
other: Consultant
+ 134
10.75 USD
8 months ago
Mar 15, 2024
Bought 883 USD
Bridgford Allan Jr.
other: Consultant
+ 82
10.77 USD
8 months ago
Mar 13, 2024
Bought 2.42 K USD
Bridgford Allan Jr.
other: Consultant
+ 233
10.4 USD
8 months ago
Mar 13, 2024
Bought 2.12 K USD
Bridgford Richard Eugene
other: V.P. Ind. Relations & Safety
+ 200
10.62 USD
1 year ago
Sep 18, 2023
Bought 1.1 K USD
Robbins Travis
+ 98
11.23 USD
1 year ago
Sep 01, 2023
Bought 1.03 K USD
Robbins Travis
+ 89
11.53 USD
1 year ago
Sep 14, 2023
Bought 1.13 K USD
SCOTT DENNIS GREGORY
Director
+ 100
11.34 USD
1 year ago
Sep 12, 2023
Bought 1.12 K USD
SCOTT DENNIS GREGORY
Director
+ 100
11.2 USD
1 year ago
Sep 11, 2023
Bought 3.27 K USD
Cole Christopher William
+ 300
10.9 USD
1 year ago
Sep 28, 2023
Bought 1.1 K USD
Bridgford Richard Eugene
+ 100
11 USD
1 year ago
Sep 21, 2023
Bought 4.88 K USD
Bridgford Brian E.
+ 440
11.1 USD
1 year ago
Sep 20, 2023
Bought 721 USD
Bridgford Brian E.
+ 65
11.09 USD
1 year ago
Sep 20, 2023
Bought 508 USD
Silva Juan Luis
+ 46
11.05 USD
1 year ago
Sep 04, 2023
Bought 53.8 USD
Silva Juan Luis
+ 5
10.75 USD
1 year ago
Sep 20, 2023
Bought 11 K USD
Bridgford Brian E.
+ 995
11.0944 USD
1 year ago
Sep 20, 2023
Bought 1.11 K USD
Bridgford Richard Eugene
+ 100
11.1 USD
1 year ago
Sep 18, 2023
Bought 7.12 K USD
Bridgford Allan Jr.
+ 639
11.15 USD
1 year ago
Sep 15, 2023
Bought 11 K USD
Bridgford Allan Jr.
+ 1000
11 USD
1 year ago
Sep 15, 2023
Bought 3.96 K USD
Bridgford Allan Jr.
+ 361
10.98 USD
1 year ago
Sep 14, 2023
Bought 11 K USD
Bridgford Allan Jr.
+ 1000
11.05 USD
1 year ago
Sep 12, 2023
Bought 5.38 K USD
Bridgford Baron
+ 500
10.75 USD
1 year ago
Sep 11, 2023
Bought 17.2 K USD
Bridgford Baron
+ 1500
11.48 USD
1 year ago
Sep 07, 2023
Bought 5.71 K USD
Bridgford Baron
+ 500
11.42 USD
1 year ago
Aug 31, 2023
Bought 5.75 K USD
Bridgford Baron
+ 500
11.5 USD
1 year ago
Aug 23, 2023
Bought 5.76 K USD
Bridgford Baron
+ 500
11.51 USD
1 year ago
Sep 06, 2023
Bought 795 USD
Bridgford Richard Eugene
+ 75
10.6 USD
1 year ago
Sep 08, 2023
Bought 31.9 K USD
Bridgford Allan Jr.
+ 3000
10.64 USD
1 year ago
Sep 07, 2023
Bought 44.4 K USD
Bridgford Allan Jr.
+ 4000
11.11 USD
1 year ago
Aug 30, 2023
Bought 12.1 K USD
Bridgford Allan Jr.
+ 1048
11.59 USD
1 year ago
Aug 29, 2023
Bought 22.4 K USD
Bridgford Allan Jr.
+ 1952
11.47 USD
1 year ago
Aug 28, 2023
Bought 23 K USD
Bridgford Allan Jr.
+ 2000
11.52 USD
1 year ago
Aug 24, 2023
Bought 46.8 K USD
Bridgford Allan Jr.
+ 3996
11.7 USD
1 year ago
Aug 23, 2023
Bought 33.3 K USD
Bridgford Allan Jr.
+ 2876
11.57 USD
1 year ago
Sep 01, 2023
Bought 1.17 K USD
Bridgford Baron R.H. II
President
+ 100
11.69 USD
1 year ago
Aug 31, 2023
Bought 1.23 K USD
Bridgford Baron R.H. II
President
+ 105
11.7193 USD
1 year ago
Aug 31, 2023
Bought 1.17 K USD
Bridgford Baron R.H. II
President
+ 100
11.7241 USD
1 year ago
Sep 06, 2023
Bought 286 USD
Bridgford Richard Eugene
+ 25
11.45 USD
1 year ago
Sep 01, 2023
Bought 345 USD
Bridgford Brian E.
+ 30
11.5 USD
1 year ago
Sep 01, 2023
Bought 34.8 USD
Bridgford Brian E.
+ 3
11.6 USD
1 year ago
Aug 31, 2023
Bought 4.21 K USD
Bridgford Brian E.
+ 363
11.6 USD
1 year ago
Aug 31, 2023
Bought 580 USD
Bridgford Richard Eugene
+ 50
11.6 USD
1 year ago
Aug 30, 2023
Bought 3 K USD
Bridgford Brian E.
+ 260
11.52 USD
1 year ago
Aug 24, 2023
Bought 582 USD
Bridgford Richard Eugene
+ 50
11.65 USD
2 years ago
Jun 14, 2022
Bought 735 USD
Silva Juan Luis
director:
+ 57
12.8863 USD
2 years ago
Jun 13, 2022
Bought 1.28 K USD
Bridgford Richard Eugene
director:
+ 100
12.75 USD
2 years ago
Mar 30, 2022
Bought 1.08 K USD
Bridgford Richard Eugene
director:
+ 100
10.85 USD
3 years ago
Jun 23, 2021
Bought 2.29 K USD
Bridgford Richard Eugene
Director
+ 175
13.08 USD
3 years ago
Jun 23, 2021
Bought 2.29 K USD
Bridgford Richard Eugene
other: V.P. Ind. Relations & Safety
+ 175
13.08 USD
3 years ago
Jun 16, 2021
Bought 1.76 K USD
Bridgford Richard Eugene
+ 125
14.04 USD
4 years ago
Jun 03, 2020
Bought 1.71 K USD
Bridgford Richard Eugene
+ 110
15.51 USD
4 years ago
Jun 03, 2020
Bought 942 USD
Bridgford Brian E.
+ 55
17.13 USD
4 years ago
Mar 20, 2020
Bought 3.6 K USD
Bridgford Richard Eugene
+ 225
16 USD
5 years ago
Sep 25, 2019
Bought 2.94 K USD
Bridgford Richard Eugene
+ 100
29.43 USD
5 years ago
Sep 20, 2019
Sell 86.3 K USD
Dealcuaz Debra Aileen
- 2465
35 USD
5 years ago
Sep 19, 2019
Sell 74.6 K USD
Dealcuaz Debra Aileen
- 2131
35 USD
5 years ago
Aug 29, 2019
Sell 12.1 K USD
Bridgford Bruce
- 358
33.88 USD
5 years ago
Aug 29, 2019
Sell 102 K USD
Bridgford Bruce
- 2990
34.21 USD
5 years ago
Aug 29, 2019
Sell 3.52 K USD
Bridgford Bruce
- 100
35.19 USD
7 years ago
Aug 29, 2017
Sell 1.11 K USD
Bridgford Richard Eugene
- 95
11.6501 USD
7 years ago
Aug 29, 2017
Sell 1.17 K USD
Bridgford Richard Eugene
- 100
11.7 USD
5 years ago
Jun 25, 2019
Bought 4.35 K USD
Bridgford Richard Eugene
+ 150
29 USD
5 years ago
Jun 25, 2019
Sell 4.35 K USD
Bridgford Richard Eugene
- 150
29 USD
5 years ago
Mar 25, 2019
Bought 5.93 K USD
Bridgford Richard Eugene
+ 250
23.73 USD
5 years ago
Mar 25, 2019
Sell 5.93 K USD
Bridgford Richard Eugene
- 250
23.73 USD
5 years ago
Mar 19, 2019
Sell 116 K USD
Bridgford William L
Chairman
- 5056
23.02 USD
6 years ago
Jun 27, 2018
Bought 1.04 K USD
Bridgford Richard Eugene
+ 75
13.82 USD
7 years ago
Sep 21, 2017
Sell 1.21 K USD
Bridgford Richard Eugene
- 100
12.07 USD
7 years ago
Sep 05, 2017
Sell 120 USD
Bridgford Richard Eugene
- 10
12 USD
7 years ago
Mar 27, 2017
Bought 1.12 K USD
Bridgford Richard Eugene
+ 100
11.2 USD
7 years ago
Mar 09, 2017
Bought 2.38 K USD
Bridgford Richard Eugene
Director
+ 200
11.9 USD
7 years ago
Mar 09, 2017
Bought 2.38 K USD
Bridgford Richard Eugene
other: VP, Ind. Relations & Safety
+ 200
11.9 USD
8 years ago
Mar 29, 2016
Bought 1.19 K USD
Bridgford Richard Eugene
+ 95
12.5386 USD
9 years ago
Jun 17, 2015
Sell 612 USD
Bridgford Richard Eugene
- 58
10.56 USD
9 years ago
Mar 27, 2015
Bought 466 USD
Bridgford Richard Eugene
+ 58
8.04 USD
12 years ago
Sep 25, 2012
Bought 6.55 K USD
Bridgford Hugh Wm
VP & Chairman Exec Cmte
+ 1000
6.549 USD
12 years ago
Sep 25, 2012
Bought 6.55 K USD
Bridgford Hugh Wm
VP & Chairman Exec Cmte
+ 1000
6.549 USD
12 years ago
Sep 24, 2012
Bought 1.28 K USD
Bridgford Allan Jr.
Director
+ 200
6.39 USD
12 years ago
Sep 24, 2012
Bought 4.52 K USD
Bridgford Allan Jr.
Director
+ 706
6.4 USD
12 years ago
Sep 24, 2012
Bought 32.5 K USD
Bridgford Allan Jr.
Director
+ 5000
6.5 USD
14 years ago
Oct 29, 2010
Bought 39.6 K USD
Schulze Robert E.
Director
+ 3000
13.2 USD
14 years ago
Oct 29, 2010
Sell 37.5 K USD
Schulze Robert E.
Director
- 3000
12.49 USD
7. News
BRID Stock Earnings: Bridgford Foods Reported Results for Q3 2024 Bridgford Foods (NASDAQ: BRID ) just reported results for the third quarter of 2024. Bridgford Foods reported earnings per share of -20 cents. investorplace.com - 2 months ago
Bridgford Foods: Hidden Value On The Balance Sheet Bridgford Foods receives a buy rating due to its market price trading below its tangible book value and potential for growth when market headwinds subside. The company is going through inflationary pressures that have persisted over the past 2 years materially damaging margins. I believe there is hidden value on the balance sheet due to GAAP accounting rules. seekingalpha.com - 9 months ago
Bridgford Foods: Distribution Network Expansion Resulting In Compounding Growth Bridgford Foods Corporation is undervalued and has a solid balance sheet, making it a good investment despite macro headwinds. The company is focused on expanding its distribution network, which will lead to compounding growth and improved cash flows. Bridgford must restructure its strategy to stimulate growth and recover from recent declines in earnings and revenues. seekingalpha.com - 1 year ago
Bridgford Foods: Looking To Exploit The Disconnect Bridgford Foods Corporation has made massive progress over the years, and thanks to the company's hidden value in real estate, fiscal 2022 was the firm's best year in its nearly 100-year history. In 2000, Bridgford Foods initiated a large 2 million share buyback due to perceived undervaluation, with only 120,000 shares currently remaining for repurchase. Due to the 2022 sale of a meat processing plant in downtown Chicago, purchased in 1975 for $500,000 and sold for $60,000,000, shareholders' equity increased by 68%, long-term debt fell from $36 million to $3.89 million, and cash increased from zero to $16 million. seekingalpha.com - 1 year ago
6 Deep Value Microcaps With Decent Trading Momentum With the overall U.S. stock market struggling for direction, stock picking is now of paramount importance. Little-followed microcaps offer an area where bargains can be found. seekingalpha.com - 1 year ago
Bridgford Foods: Stable And Tested Business Model At A Cheap Valuation Bridgford Foods manufactures doughs, biscuits, sandwiches, beef jerky, snack, and deli foods. Considering large existing customers as well as the fact that the products were sold for a long time, I wouldn't expect large revenue volatility. seekingalpha.com - 1 year ago
Bridgford Foods Is Ready For Liftoff The high relative strength of Bridgford stock is off the page. Real estate holdings are vast and not accurately reflected within the balance sheet. seekingalpha.com - 2 years ago
Dirt Cheap Value Portfolio - Saddled With Despair & Disappointment, But Hope Abounds Dirt Cheap Value Portfolio - Saddled With Despair & Disappointment, But Hope Abounds seekingalpha.com - 2 years ago
Bridgford Foods Is In Very Good Shape Despite The Share Price Collapse The price of shares recently collapsed and accumulates a ~65% decline from all-time highs. Gross profit margins declined to 20.97% during the second quarter of fiscal 2021. seekingalpha.com - 3 years ago
EnWave Announces 2021 Second Quarter Consolidated Interim Financial Results VANCOUVER, British Columbia, May 27, 2021 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the "Company") today reports the Company's consolidated interim financial results for the second quarter ended March 31, 2021. globenewswire.com - 3 years ago
EnWave Signs Technology Evaluation and License Option Agreement with Bridgford Foods Corporation to Collaborate with the U.S. Army to Produce Military Rations VANCOUVER, British Columbia, April 07, 2021 (GLOBE NEWSWIRE) -- EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today that it has signed a technology evaluation and license option agreement (the “TELOA”) with Bridgford Foods Corporation (NASDAQ: BRID) (“Bridgford”), a leading American food production company. Bridgford currently focuses on the production of frozen and snack foods, with operations in California, Texas, Illinois and North Carolina. Prior to the signing of the TELOA, Bridgford entered into a cooperative research and development agreement (“CRADA”) with the U.S. Army to jointly develop commercially viable military ration components. globenewswire.com - 3 years ago
Bridgford Foods Corporation Announces Director Resignation ANAHEIM, Calif., Nov. 06, 2020 (GLOBE NEWSWIRE) -- Bridgford Foods Corporation (Nasdaq: BRID) today announced that Allan Bridgford Jr. resigned as a member of the Board of Directors of Bridgford Foods Corporation. The resignation was not the result of a disagreement with management regarding operations, policies or practices of the Company. Mr. Bridgford will continue to serve as a consultant to the Company. globenewswire.com - 4 years ago
8. Profile Summary

Bridgford Foods Corporation BRID

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COUNTRY US
INDUSTRY Packaged Foods
MARKET CAP $ 81.9 M
Dividend Yield 0.00%
Description Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen, refrigerated, and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company primarily offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products. It provides approximately 130 frozen food products to food service and retail customers through wholesalers, cooperatives, and distributors; and 170 snack food items to supermarkets, and mass merchandise and convenience retail stores through customer-owned distribution centers, as well as a direct store delivery network. The company was founded in 1932 and is headquartered in Dallas, Texas. Bridgford Foods Corporation is a subsidiary of Bridgford Industries Incorporated.
Contact 1707 South Good-Latimer Expressway, Dallas, TX, 75226 https://www.bridgford.com
IPO Date March 17, 1980
Employees 671
Officers Mr. Baron R. H. Bridgford II President Travis Robbins Sales Operation Director Blaine K. Bridgford President of Dallas – Superior Foods Division Mr. John V. Simmons Vice President & Director Mr. William L. Bridgford Vice President & Director Mr. Michael W. Bridgford Executive Chairman of the Board Ms. Cindy M. Matthews-Morales Chief Financial Officer & Company Secretary Mr. Daniel R. Yost Senior Vice President Mr. Chris Cole Senior Vice President of Bridgford Marketing Company Mr. Baron R. H. Bridgford President of Bridgford Processing Company of Illinois & Bridgford Foods of Illinois