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

1,495 Followers

CAG Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
EarningsConagra Brands reported 4Q24 adjusted EPS of $0.61, above BofA and Visible Alpha consensus of $0.56 and $0.57.
Financial PerformanceConagra Brands (CAG) 4Q24 earnings was ahead of street with upside on gross margin, Ardent, and tax.
Market PerformanceStrength came from the company's strategic frozen and snacks domain where 80% of its brands held or gained volume share, supported by innovation, merchandising and promotions.
Bears Say
EarningsConagra's fiscal 4Q results and FY25 outlook were largely disappointing, primarily owing to broad-based consumer demand pressure and value-seeking behavior.
Financial PerformanceConagra Brands took a goodwill impairment of $957 million in the quarter, mostly in Refrigerated and Frozen.
SalesFoodservice segment posted volume declines of 10.3%.
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Financials

Annual

Ownership Overview

5.66%26.37%44.77%23.20%
44.77% Other Institutional Investors
23.20% 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 $25.16 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 Oct 02, 2024 which is in 11 days.
      How were Conagra Brands’s earnings last quarter?
      Conagra Brands released its earnings results on Jul 11, 2024. The company reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.573 by $0.037.
        Is Conagra Brands overvalued?
        According to Wall Street analysts Conagra Brands’s price is currently Overvalued. 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 4.28%. See more information on Conagra Brands dividends here
            What is Conagra Brands’s EPS estimate?
            Conagra Brands’s EPS estimate is $0.59.
              How many shares outstanding does Conagra Brands have?
              Conagra Brands has 479,049,680 shares outstanding.
                What happened to Conagra Brands’s price movement after its last earnings report?
                Conagra Brands reported an EPS of $0.61 in its last earnings report, beating expectations of $0.573. Following the earnings report the stock price went down -1.51%.
                  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 175M.
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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

                    Q4 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

                    $30.27
                    ▼(-6.28% Downside)
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                    Best Analysts Covering CAG

                    1 Year
                    Andrew LazarBarclays
                    1 Year Success Rate
                    23/33 ratings generated profit
                    70%
                    1 Year Average Return
                    +7.11%
                    reiterated a buy rating 2 months ago
                    Copying Andrew Lazar's trades and holding each position for 1 Year would result in 69.70% of your transactions generating a profit, with an average return of +7.11% per trade.
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