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Conagra Brands (CAG)
NYSE:CAG
Holding CAG?
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Conagra Brands (CAG) Stock Price & Analysis

1,540 Followers

CAG Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
Dividend YieldThe company offers a 4.7% dividend yield, which is the highest among its peer group of 30 Beverage, Food, and HPC companies.
Market Share And Volume Growth93% of CAG's frozen and snack brands held or gained volume share in the quarter.
ValuationAn attractive valuation at NTM P/E of 11.2x vs its 3/5-year averages of 12.5x/13.0x.
Bears Say
Financial PerformanceOrganic sales declined -2.6% year-over-year, which was below the Street view of -2.1% year-over-year, indicating weaker than expected financial performance.
Sales And ConsumptionGuidance still implies CAG needs improvement, as the second half ramp may remain a question without a sharper pickup in consumption.
Supply Chain IssuesThe frequency of disruption in the company's supply chain remains a concern after enduring product recalls and lost sales during a frozen foods distributor's malware incident.
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Financials

Annual

Ownership Overview

0.52%23.60%14.44%30.24%
14.44% Other Institutional Investors
30.24% Public Companies and Individual Investors

Risk Analysis

Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services

Website Traffic

Sorry, No Data Available
There is no website visitor data available for this stock.
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CAG FAQ

What was Conagra Brands’s price range in the past 12 months?
Conagra Brands lowest stock price was $26.21 and its highest was $33.24 in the past 12 months.
    What is Conagra Brands’s market cap?
    Currently, no data Available
    When is Conagra Brands’s upcoming earnings report date?
    Conagra Brands’s upcoming earnings report date is Dec 19, 2024 which is in 27 days.
      How were Conagra Brands’s earnings last quarter?
      Conagra Brands released its earnings results on Oct 02, 2024. The company reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.596 by -$0.066.
        Is Conagra Brands overvalued?
        According to Wall Street analysts Conagra Brands’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Conagra Brands pay dividends?
          Conagra Brands pays a Quarterly dividend of $0.35 which represents an annual dividend yield of 5.29%. See more information on Conagra Brands dividends here
            What is Conagra Brands’s EPS estimate?
            Conagra Brands’s EPS estimate is $0.68.
              How many shares outstanding does Conagra Brands have?
              Conagra Brands has 477,273,000 shares outstanding.
                What happened to Conagra Brands’s price movement after its last earnings report?
                Conagra Brands reported an EPS of $0.53 in its last earnings report, missing expectations of $0.596. Following the earnings report the stock price went down -8.073%.
                  Which hedge fund is a major shareholder of Conagra Brands?
                  Among the largest hedge funds holding Conagra Brands’s share is Hotchkis & Wiley Capital Management LLC. It holds Conagra Brands’s shares valued at 205M.
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                    Company Description

                    Conagra Brands

                    Conagra Brands, Inc. engages in the manufacture and sale of processed and packaged foods. It operates through the following segments: Grocery and Snacks; Refrigerated and Frozen; International; Foodservice; and Pinnacle Foods. The Grocery and Snacks segment includes branded, shelf stable food products sold in various retail channels in the United States. The Refrigerated and Frozen segment comprises branded, temperature controlled food products sold in various retail channels in the United States. The International segment consists branded food products, in various temperature states, sold in various retail and foodservice channels outside of the United States. The Foodservice segment focuses in the branded and customized food products, including meals, entrees, sauces, and a variety of custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Pinnacle Foods segment involves in the commercially branded and private label food and ingredients, in various temperature states, sold in various retail and foodservice channels in the United States and Canada. The company was founded by Alva Kinney and Frank Little in 1919 and is headquartered in Chicago, IL.
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                    CAG Company Deck

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                    CAG Earnings Call

                    Q1 2024
                    0:00 / 0:00
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                    CAG Net sales Breakdown

                    41.15%41.15%40.37%9.53%8.95%
                    41.15% Grocery & Snacks
                    40.37% Refrigerated & Frozen
                    9.53% Foodservice
                    8.95% International
                    tipranks
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                    CAG Stock 12 Month Forecast

                    Average Price Target

                    $31.60
                    ▲(16.30% Upside)
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                    Best Analysts Covering CAG

                    1 Year
                    Andrew LazarBarclays
                    1 Year Success Rate
                    20/34 ratings generated profit
                    59%
                    1 Year Average Return
                    +4.85%
                    reiterated a buy rating 2 months ago
                    Copying Andrew Lazar's trades and holding each position for 1 Year would result in 58.82% of your transactions generating a profit, with an average return of +4.85% per trade.
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