Conagra Brands (NYSE:CAG) Issues FY 2025 Earnings Guidance

Conagra Brands (NYSE:CAG) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 2.350-2.350 for the period, compared to the consensus EPS estimate of 2.450. The company issued revenue guidance of -.

Conagra Brands Stock Performance

NYSE:CAG opened at $23.92 on Wednesday. The firm’s 50-day moving average is $26.33 and its 200-day moving average is $28.62. Conagra Brands has a 52-week low of $23.06 and a 52-week high of $33.24. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.22 and a current ratio of 0.70. The company has a market cap of $11.42 billion, a price-to-earnings ratio of 23.45, a PEG ratio of 1.72 and a beta of 0.28.

Conagra Brands (NYSE:CAG) last issued its earnings results on Thursday, December 19th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.02. Conagra Brands had a net margin of 4.13% and a return on equity of 13.76%. The business had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.15 billion. During the same period in the previous year, the business earned $0.71 EPS. The firm’s revenue was down .4% on a year-over-year basis. Equities research analysts anticipate that Conagra Brands will post 2.46 earnings per share for the current year.

Conagra Brands Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Monday, January 27th will be given a $0.35 dividend. The ex-dividend date of this dividend is Monday, January 27th. This represents a $1.40 dividend on an annualized basis and a yield of 5.85%. Conagra Brands’s dividend payout ratio (DPR) is presently 137.26%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on CAG. Bank of America reduced their price target on shares of Conagra Brands from $31.00 to $29.00 and set a “neutral” rating on the stock in a research report on Friday, December 20th. Barclays reduced their price target on shares of Conagra Brands from $33.00 to $32.00 and set an “overweight” rating on the stock in a research report on Monday, December 23rd. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $29.00 target price on shares of Conagra Brands in a research note on Friday, December 20th. Stifel Nicolaus dropped their target price on shares of Conagra Brands from $30.00 to $28.00 and set a “hold” rating for the company in a research note on Friday, January 24th. Finally, JPMorgan Chase & Co. dropped their target price on shares of Conagra Brands from $30.00 to $29.00 and set a “neutral” rating for the company in a research note on Friday, January 3rd. Seven research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $30.00.

Conagra Brands Company Profile

Conagra Brands, Inc, together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels.