Nomad Foods (NYSE:NOMD) Issues FY 2025 Earnings Guidance

Nomad Foods (NYSE:NOMD) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.940-1.980 for the period, compared to the consensus estimate of 1.850. The company issued revenue guidance of -.

Nomad Foods Price Performance

Nomad Foods stock opened at $20.30 on Wednesday. The business’s fifty day moving average is $17.44 and its two-hundred day moving average is $17.82. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.72 and a current ratio of 1.20. The firm has a market cap of $3.31 billion, a P/E ratio of 15.26 and a beta of 0.77. Nomad Foods has a 52 week low of $15.43 and a 52 week high of $20.79.

Nomad Foods Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Monday, February 10th were given a dividend of $0.17 per share. This is an increase from Nomad Foods’s previous quarterly dividend of $0.15. The ex-dividend date was Monday, February 10th. This represents a $0.68 annualized dividend and a yield of 3.35%. Nomad Foods’s dividend payout ratio is 45.03%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on NOMD. Barclays upped their target price on shares of Nomad Foods from $19.00 to $23.00 and gave the stock an “overweight” rating in a research report on Monday. StockNews.com upgraded Nomad Foods from a “hold” rating to a “buy” rating in a research report on Monday, November 18th. Finally, Mizuho lifted their target price on Nomad Foods from $24.00 to $26.00 and gave the company an “outperform” rating in a research note on Tuesday.

About Nomad Foods

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers.