|Bid||29.24 x 800|
|Ask||33.65 x 900|
|Day's Range||29.58 - 30.41|
|52 Week Range||29.58 - 39.43|
|Beta (3Y Monthly)||0.25|
|PE Ratio (TTM)||14.35|
|Earnings Date||Dec 20, 2018|
|Forward Dividend & Yield||0.85 (2.80%)|
|1y Target Est||40.42|
In the midst of a dramatic start to December, market news has taken a backseat to a surge in volatility and reactionary trading. However, volatility doesn’t stop the headlines, and there’s still big catalysts ...
Conagra (CAG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is Conagra Brands, Inc. (NYSE:CAG) a good bet right now? We like to analyze hedge fund sentiment before doing days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy league graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage […]
The parent company of Birds Eye, Earth Balance and Vlasic will close two New Jersey facilities, including one in South Jersey, following a multibillion-dollar acquisition.
CHICAGO, Dec. 6, 2018 /PRNewswire/ -- Conagra Brands, Inc. (CAG) today announced the appointment of Melissa Lora to its board of directors, effective January 4, 2019. With this addition, the Conagra Brands board will increase to 10 members. "We are pleased to welcome Melissa to the Conagra Brands board," said Rick Lenny, chairman, Conagra Brands.
CHICAGO , Dec. 6, 2018 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced that its board of directors approved a quarterly dividend payment of $0.2125 per share of CAG common stock to be ...
A look at the shareholders of Conagra Brands Inc (NYSE:CAG) can tell us which group is most powerful. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, Read More...
The majority of Wall Street analysts have been positive on Kraft Heinz (KHC) stock for a while, as the graph below shows. The primary reason behind Wall Street’s favorable outlook has been the company’s rich history of acquiring big brands. Wall Street expects Kraft Heinz to benefit from the consolidation in the food industry. Analysts expect Kraft Heinz will sooner or later announce a big acquisition that could accelerate its sales and earnings growth rate.
On November 28, the J.M. Smucker Company (SJM) reported lower-than-expected earnings results for the second quarter of fiscal 2019, which ended on October 31. The company also lowered its full-year EPS outlook, which didn’t sit well with investors. SJM fell 7.2% following the soft second-quarter results.
NEW YORK, Nov. 29, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
CHICAGO , Nov. 29, 2018 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) will host a webcast and conference call to review its fiscal 2019 second quarter results on Thursday, December 20, 2018 , at 9:30 ...
Campbell Soup Co. is zeroing in on food-industry veteran Mark Clouse as the leading candidate to be its next chief executive, according to people familiar with the search. Mr. Clouse, who was CEO of Pinnacle Foods Inc. until its acquisition by Conagra Brands Inc. last month, is the company’s top choice for the job, the people said. The soup maker could reach an agreement with Mr. Clouse in the next few weeks if he is receptive to taking the job.
Does Recent Decline Make Kellogg Stock Attractive? Kellogg (K) annualized its downward adjustment in list price during the third quarter, which is likely to ease the pricing pressure on margins. Kellogg’s mix shift towards low margin categories and markets is expected to hurt its gross margin rate.
Kellogg stock (K) has fallen about 18% since mid-September as weak organic sales and sluggish margins didn’t sit well with investors. Most of the decline in Kellogg’s stock price followed the company’s soft third-quarter results. Adding to its woes, management lowered the full-year EPS growth guidance, citing an adverse mix, continued cost pressure, and increased interest expenses. On a YTD basis, Kellogg stock has fallen 9.5% and has underperformed the broader markets (SPY). The S&P 500 Index remained flat during the same period.
High input costs and sluggish Foodservice sales are hurdles for Conagra (CAG). Nevertheless, management focuses on acquisitions and value-over-volume strategy to boost performance.
Most of the analysts covering J.M. Smucker (SJM) stock maintain a “neutral” outlook before the results for the second quarter of fiscal 2019. Analysts expect J.M. Smucker’s Ainsworth acquisition to drive its net sales growth rate. Weakness in underlying sales, led by lower pricing, is keeping analysts on the sidelines. J.M. Smucker’s profit margins are expected to contract despite lower green coffee costs, which reflects higher packaging and transportation costs.
J.M. Smucker (SJM) is scheduled to announce its results for the second quarter of fiscal 2019 on November 28. Analysts expect J.M. Smucker to report total revenues of $2.1 billion—up 6.7% on a YoY (year-over-year) basis. Analysts expect the company to continue to benefit from the Ainsworth acquisition.