|Bid||25.00 x 1300|
|Ask||30.07 x 4000|
|Day's Range||29.56 - 30.13|
|52 Week Range||20.22 - 39.43|
|Beta (3Y Monthly)||1.42|
|PE Ratio (TTM)||20.33|
|Forward Dividend & Yield||0.85 (3.18%)|
|1y Target Est||N/A|
Conagra Brands Inc NYSE:CAGView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is moderate Bearish sentimentShort interest | NeutralShort interest is moderate for CAG with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold CAG had net inflows of $7.24 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. Although CAG credit default swap spreads are decreasing, they remain near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
It is doubtless a positive to see that the Conagra Brands, Inc. (NYSE:CAG) share price has gained some 30% in the last...
Insider Monkey finished processing more than 738 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2019. In this article we are going to take a look at smart money sentiment towards Conagra Brands, Inc. (NYSE:CAG). Conagra Brands, Inc. (NYSE:CAG) shares haven't seen a […]
A leading activist investor that pushed Apple last year to do more about the iPhone’s effects on children has postponed the launch of a long-awaited socially responsible investment fund.
Conagra Brands Stock Fell ~13% in May(Continued from Prior Part)Valuation within reachIn May, the 13% decline in Conagra Brands (CAG) stock made its valuation attractive. Conagra Brands shares are trading at a forward PE ratio of 12.9x, which is
Conagra Brands Stock Fell ~13% in MayConagra Brands stockConagra Brands (CAG) shares fell ~13% in May due to weak organic sales and earnings in the fourth quarter. Pressure on the margins remained a drag. Conagra Brands faces tough YoY
What’s Hurting Packaged Food Stocks?(Continued from Prior Part)Analysts’ recommendationsMost of the analysts have recommended a “hold” on General Mills (GIS), J.M. Smucker (SJM), and Kellogg (K) shares. An expected deceleration in the net
Campbell Soup (CPB) is likely to face input cost inflation in Q3 earnings. While U.S. soup sales have been weak, strength in the company's snacking business bodes well.
Today we will run through one way of estimating the intrinsic value of Conagra Brands, Inc. (NYSE:CAG) by taking the...
Conagra Stock Is Outperforming Peers: Will the Trend Continue?(Continued from Prior Part)Pressure on earnings Conagra Brands (CAG) has exceeded Wall Street’s adjusted EPS expectations in the past two quarters despite heightened pressure on
Conagra Stock Is Outperforming Peers: Will the Trend Continue?(Continued from Prior Part)Why sales continued to miss estimateConagra Brands’ (CAG) top line marked strong growth during the last reported quarter thanks to the incremental sales from
Conagra Stock Is Outperforming Peers: Will the Trend Continue?(Continued from Prior Part)Wall Street recommends a “buy” for ConagraThe majority of Wall Street analysts providing ratings on Conagra Brands (CAG) stock maintain a “buy”
Conagra Stock Is Outperforming Peers: Will the Trend Continue?Stock performance so far this yearConagra Brands stock has risen 25.4% since it announced stronger-than-expected fiscal 2019 third-quarter earnings on March 21. Moreover, CAG stock is up
Ardent Mills, a multibillion-dollar flour-milling company based in Denver, will close four plants by the first quarter of 2020, the company announced Friday morning. The company will continue to operate 35 flour mills across the United States, Canada and Puerto Rico, including two in the Denver area. CEO Dan Dye told Denver Business Journal the closures are partly in response to relatively flat demand for flour over the past several years, although he noted there have been pockets of growth related to geography as well as specialty grains, such as quinoa.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Conagra Brands, Inc. New York, May 09, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Conagra Brands, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
** Hedge fund Marcato Capital Management said it opposed marijuana company Acreage Holdings Inc's $3.4 billion sale to rival Canopy Growth Corp, arguing Acreage was too hasty in agreeing to a deal at too low a price. ** Banco Bradesco SA has embarked on its first-ever international acquisition by paying approximately $500 million to buy BAC Florida Bank, which focuses on high-net-worth individuals in a move intended to close the gap with Brazilian rivals.
A consortium of Italian investors has agreed to buy Italy-based frozen food business Gelit from Conagra Brands as the U.S. group seeks to sharpen its focus on core businesses. The move by Chicago-based Conagra is similar to that of Kraft Heinz, which plans to sell Italian baby food business Plasmon to focus on its global brands. Conagra, which owns Birds Eye frozen vegetable meals among others, wanted to divest Gelit because it is a private label company and a local brand, a source close to the matter said.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll...