|Bid||0.00 x 1000|
|Ask||0.00 x 900|
|Day's Range||23.93 - 24.56|
|52 Week Range||20.22 - 39.43|
|Beta (3Y Monthly)||1.17|
|PE Ratio (TTM)||13.40|
|Earnings Date||Mar 20, 2019 - Mar 25, 2019|
|Forward Dividend & Yield||0.85 (3.58%)|
|1y Target Est||32.00|
Composite Alliance Group Inc. (formerly CanAsia Financial Inc.) (the "Company") (TSXV: CAG) announces the granting of stock options to purchase 2,400,000 common shares of the Company to directors and officers subject to regulatory and TSX Venture Exchange approval. For further information, please contact Dale Burstall, Corporate Secretary and Director, via email at email@example.com.
Conagra Brands Inc NYSE:CAGView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and increasing Bearish sentimentShort interest | NeutralShort interest is moderate for CAG with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on February 13. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CAG totaled $14.26 billion. Additionally, the rate of outflows appears to be accelerating. 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 | NegativeThe current level displays a negative indicator. CAG credit default swap spreads are near their highest levels for the past 1 year, 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 was a gain, but not a convincing one. Yesterday's 0.3% advance from the S&P 500 may have gotten it above the pivotal 200-day moving average line, but a huge chunk of the intraday move was ultimately given back, and the volume behind the gain was mediocre at best.Still, baby steps in a bullish direction are still steps in the right direction.General Electric (NYSE:GE) did a great deal of the work, up 3.9% mostly in response to a $92 billion backlog for its power division. That's the arm that needs the most help and is best positioned for a turnaround.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAt the other end of the spectrum, Teva Pharmaceutical (NYSE:TEVA) and Ambev SA (NYSE:ABEV) were a key part of the reason stocks struggled to make the collective gain they did. Ambev fell 2.4% mostly because traders remain unsure how they feel about the stagnant company, while Teva shares plunged 7.8% after the company conceded 2019 will be a "trough." Investors were hoping the pivot had already been made.None of those names are especially great trading prospects headed into Thursday's session, however. Rather, stock charts of Intel (NASDAQ:INTC), Franklin Resources (NYSE:BEN) and Conagra Brands (NYSE:CAG) are shaping up as the best bets. Here's why, and what needs to happen next. Franklin Resources (BEN)With nothing more than a quick glance at Franklin Resources, it just looks like a volatile mess. And, that may be all it is. A closer look at the daily chart, however, reveals there may be more underway here than it seems on the surface. * 9 U.S. Stocks That Are Coming to Life Again The stock is at a key tipping point after Wednesday's action, and the backdrop is surprisingly healthy. Click to Enlarge • As of Wednesday's close, Franklin Resources is once again testing the white 200-day moving average again as resistance. The past couple of those tests have ended with a retreat, but it's telling that the buyers keep coming back.• It's counterintuitive, but the volume surges that accompanied the last two major plunges are actually beneficial. They serve as a flushout, or capitulation, that cleared the decks for a new, net-bullish paradigm.• Although the late-January low was the first higher low since mid-2017, the past two bullish efforts have been on tepid volume. More buyers will need to crawl out of the woodwork for a rally effort to be sustained. Conagra Brands (CAG)A little over a week ago, Conagra Brands was featured as a budding breakout candidate. In fact, it had just edged above a technical ceiling. The effort just needed to solidify a little bit more, to confirm it was for real.It's for real. CAG is now up 6.5% since that look, and has put that resistance line in the rearview mirror. There's another ceiling dead ahead, however, that needs to be cleared before the next bullish leg can take shape. Conagra may need to peel back before forging any higher though. Click to Enlarge • The next hurdle is the 50-day moving average line, plotted in purple on the daily stock chart. The buyers stepped back as that line came into view this week.• Although CAG may need to fall back and develop a running start to punch through that technical ceiling, the weekly chart makes clear the stock is more than oversold enough to fuel a bounce.• Should Conagra make good on its promise, the next most plausible target is around $28. That's where the first Fibonacci retracement line is, and where the gray 100-day moving average line is. Intel (INTC)Finally, Intel has been a name that's been dissected several times in recent weeks, as the stock has been working on rocking its way out of last year's pullback.So far it hasn't happened. But, this week's bullishness has pushed INTC to the brink of moving all the way out of its recent technical confines. One more good day will get Intel up and over the final hurdle, unleashing a few months' worth of pent-up buying action. Click to Enlarge • That final line in the sand is $50.80, plotted in yellow, where INTC has peaked several times since July.• The trend paradigm has already shifted from a streak of lower lows to higher lows, which has pushed Intel shares above the pivotal 200-day moving average line, plotted in white.• If a breakout move can take hold, the most plausible upside target is last June's peak around $57. That $7 span between the current price and that target is more or less the same-sized span from the low and high seen as Intel worked its way through a triangle shape beginning in late June. That's not coincidental. Stocks tend to move in familiar increments.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 U.S. Stocks That Are Coming to Life Again * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 5 Tips to Become a Better Stock Trader Compare Brokers The post 3 Big Stock Charts for Thursday: Conagra Brands, Intel and Franklin Resources appeared first on InvestorPlace.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today we are going to look atRead More...
TreeHouse Foods (THS) is likely to get negatively impacted by soft volumes and escalated cost woes in Q4. Nonetheless, strategy for 2020 and Structure to Win programs should offer some respite.
Persisting Challenges to Hurt Kellogg: Stock Drops 5.6%(Continued from Prior Part)What affected Kellogg’s Q4 EPS? In the fourth quarter, Kellogg (K) reported adjusted earnings of $0.91 per share, which came in ahead of analysts’ expectations of
The deal has paid down 11% since Moody's last review. The rating on Cl. D was affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 9.0% of the current pooled balance, compared to 2.8% at Moody's last review.
Persisting Challenges to Hurt Kellogg: Stock Drops 5.6%(Continued from Prior Part)Q4 2018 margins disappoint Kellogg (K) continued to disappoint investors with its margins performance in the fourth quarter. Kellogg’s DSD (direct store delivery)
Persisting Challenges to Hurt Kellogg: Stock Drops 5.6%(Continued from Prior Part)Sales missed estimateKellogg (K) posted net sales of $3.3 billion, which increased 4.2% on a YoY basis thanks to the incremental sales from its recent acquisitions.
Persisting Challenges to Hurt Kellogg: Stock Drops 5.6%Kellogg’s H1 2019 guidance disappointsKellogg (K) reported its fourth-quarter results on Thursday, February 7. The company’s top line sustained momentum and continued to benefit from its
It was touch and go early in yesterday's action, but as the day wore on, the bears wore out. The S&P 500 was up another 0.47% on Tuesday, closing at its best level in weeks, and testing the pivotal 200-day moving average line. General Electric (NYSE:GE) did more than its fair share of the work, gaining 4.1% as the market continues growing its belief that the iconic company can dig its way out of trouble. Boeing (NYSE:BA) was up firmly too, gaining 3.3% on a combination of sheer momentum and word that it was investing in a supersonic jet outfit. There were just a few too many names like Advanced Micro Devices (NASDAQ:AMD), however, to let the market run in a big way. AMD stock was down 3.4% following reports that a major shareholder unexpectedly sold nearly 35 million shares, suggesting the company's future wasn't clearly bullish. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Headed into the midpoint of the week, the stock charts of Conagra Brands (NYSE:CAG), Electronic Arts (NASDAQ:EA) and Intel (NASDAQ:INTC) are of particular interest. All three are at tipping points, but none of them are guaranteed to push past them. ### Conagra Brands (CAG) When Conagra Brands broke below a long-standing support level in December, a much faster, steeper selloff ensued … one CAG investors had seen and suffered before. Some shareholders were fearing Conagra was beyond help. * 7 Stocks That Won Super Bowl Sunday After finding a bottom in late December, though, CAG shares have served up a glimmer of hope. Tuesday's gain further validated the breakout effort. Though it's still not out of the woods, there are decent odds Conagra Brands shares are gearing up for a trade-worthy move. Click to Enlarge • It's subtle, but since the low made in late December, CAG has logged a trail of reliably higher lows. As of yesterday, the stock is testing the waters above a minor technical ceiling around $22. • Underscoring the new buying interest is a surge in buying volume. • If the budding rebound takes hold, the first upside target is around $27.70, and the next one after that is $32. Both are near Fibonacci retracement lines based on the span of the pullback between last year's high's and December's lows. ### Intel (INTC) Intel shares have been working on a breakout/rebound move since September, though to no avail. Each of them stalled at now-evident ceilings of $49.20 or $50.80. Both resistance levels are still in play, in fact. As of Tuesday, though, INTC is closer to a true breakout than it has been in months. It just needs one more good day, though it's not ideally positioned to log such a day today. Click to Enlarge • Though Intel was once again able to test the ceiling at $50.80 and close above resistance at $49.20, the 6% gain logged over the course of the past three trading days will be tough to follow up without a small pullback first. • Nevertheless, the tide is shifting for the better. We've seen higher lows since October's low, and if you look closely you'll see several bullish crosses of the key moving average lines. • Don't confuse any weakness or lull as a sign of a pullback. A breakout from here would be more of a process and less of an event. Look for support at any of the moving average lines, but the purple 50-day and the blue 20-day moving averages in particular. ### Electronic Arts (EA) At the very beginning of this year, Electronic Arts bounced out of a downtrend and looked as if it was going to make a full recovery. The rebound effort stalled roughly three weeks ago though, and EA shares have been range-bound ever since. The good news? The range is well-defined, and a thrust out of it will be crystal clear if-and-when it happens. And as of Tuesday's close, EA is in better position to make that move than it's been yet. The bad news? The break out of the range may be in a downward direction. Click to Enlarge• The recently established trading range is more or less between $87 and $93, plotted with white dashed lines on the daily chart. Electronic Arts was testing that upper ceiling at Tuesday's close, right before earnings were released. Shares broke below the lower boundary in after-hours trading though, on a lackluster outlook. • Also coming into view is the purple 50-day moving average line. One should assume it too is positioning to keep any breakdown effort in check. • If the potential breakout takes shape, the most plausible target areas are $103 and $122, where the key Fibonacci retracement lines are found. As of Tuesday's post-close trading though, most investors were looking in the other direction altogether. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 F-Rated Stocks That Could Break Your Portfolio * 5 Fintech Stocks to Buy As This Mega Trend Gains Steam * 10 Cold Weather Stocks to Heat Up Your Returns Compare Brokers The post 3 Big Stock Charts for Wednesday: Intel, Electronic Arts and Conagra Brands appeared first on InvestorPlace.
Kraft Heinz: Deutsche Bank Downgraded the StockDeutsche Bank downgraded Kraft Heinz On February 5, Deutsche Bank downgraded Kraft Heinz (KHC) stock from “buy” to “hold” and lowered the target price to $52 per share from $58. Analyst Rob
NEW YORK, Feb. 06, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
This magical treat is on grocery shelves now CHICAGO , Feb. 5, 2019 /PRNewswire/ -- Snack Pack, a brand of Conagra Brands, Inc. (NYSE: CAG) and the leader in shelf-stable pudding 1 , today announces the ...
Kellogg: Will Q4 Be Disappointing?(Continued from Prior Part)What to expect?We expect Kellogg (K) to sustain the sales momentum during the fourth quarter. Kellogg’s top line is expected to benefit from its recent acquisitions including the
Kellogg: Will Q4 Be Disappointing?Earnings will likely fallKellogg (K) is scheduled to announce its fourth-quarter results on February 7. Analysts expect Kellogg’s top line to maintain its momentum due to acquisitions. However, organic sales and
These baskets of stocks from Goldman Sachs have posted YTD 2019 gains nearly double that of the S&P 500. This is the first of 2 stories on them.
We have picked four consumer stocks that have yielded strong returns in the last few months and have defied the current fall in sentiments.
CHICAGO, Jan. 28, 2019 /PRNewswire/ -- Conagra Brands, Inc. (CAG) today announced the appointment of Scott Ostfeld to its board of directors, effective February 16, 2019. Mr. Ostfeld is a partner of JANA Partners LLC, which has been a long-term investor in Conagra Brands.
British American Tobacco PLC, Kellogg Co., Conagra Brands Inc. and Seneca Foods Corp have declined to their respective three-year lows
Key Takeaways from McCormick’s Fourth-Quarter Results(Continued from Prior Part)Sales missed the estimates McCormick (MKC) reported lower-than-expected fourth-quarter sales. McCormick’s net sales of $1.5 billion increased 0.6% on a YoY
Key Takeaways from McCormick’s Fourth-Quarter ResultsMcCormick stock fell more than 10%McCormick (MKC) shares fell more than 10% and closed at $124.35 on January 24 following its weaker-than-expected fourth-quarter results. McCormick’s top line
If you're under 40, you're building capital and you're looking for gains. This means you should be under-weighting consumer stocks. Names you know that will not grow may throw off income, but they won't make your retirement. Such stocks should be sold, maybe to your dad, who can use the income and won't mind the lack of gains. This advice runs contrary to conventional wisdom that tells you to own all the market, to buy index funds and take the bad with the good, because you don't have time to keep up. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Such advice made sense when trading cost big money, and when index funds were a small part of the market. But when you can get into a stock for $5, or out of it, and when index funds send good stocks down along with the bad, or vice versa, it's time to think differently. This is the problem with conventional wisdom. If everyone is doing the same thing, no matter how wise that thing may appear, it stops working. If everyone buys value, value becomes overvalued. * 10 of the Best Stocks to Invest In for February If you're in the capital building phase of your investing career, then, here are some consumer staples stocks to sell. Source: Meal Makeover Moms via Flickr (Modified) ### Campbell's Soup (CPB) As trade opened Jan. 25, shares in Campbell Soup (NYSE:CPB) were selling for less than they were five years ago. Some will tell you to buy Campbell because it tossed long-time CEO Denise Morrison last year and the company might be sold. But waiting on a rumor isn't a plan. Even a 30% premium in a takeover won't get this stock back to where it was in 2017. At $35.38, Campbell's 35-cent-per-share dividend yields almost 4%, but it takes earnings to sustain a dividend, and the company has been able to out-earn its payout in only two of the last four quarters. There is no cash to speak of and $8 billion of debt. Right now Campbell is selling its international business and it just hired a new CEO, Mark Clouse, who worked at both bidders. He also led Pinnacle Foods into its acquisition by ConAgra Brands (NYSE:CAG) last year. Maybe Clouse can stabilize the ship. Maybe Clouse can even get the company sold. But while you have your capital tied up wishing and hoping, better companies will be growing. Source: Mark Tighe via Flickr (Modified) ### Colgate-Palmolive (CL) If you are to invest in a consumer stock, buy the best of breed. Shares in Colgate-Palmolive (NYSE:CL) are trading at about where they were in January of 2014 because the company isn't best of breed -- it's one of the consumer staples stocks to sell, if anything. Proctor & Gamble (NYSE:PG) is best of breed in this area, and when times are troubled, as they are now, the best companies will outperform the second best. Colgate needs about $400 million in earnings to sustain its dividend, and it only gets 50% more than that, not enough to raise it, and long-term debt is nearly half its assets, with very little cash on the books, meaning there's no room to maneuver out of its problems through an acquisition. CL is a consumer stock for people in their 70s who see a yield of 2.69% as a bargain. There are people pounding the table for Colgate to be bought, but a young investor should be chasing performance, not rumors, or any of the other consumer stocks on this list. There are analysts who will tell you that stocks like Colgate do well in bear markets. But, again, the market has no prizes for second place. Colgate shares are down 19% in the last year. * 10 Hot Stocks to Buy Right Now If you want to be defensive as a young investor, only buy market leaders. They cost more for a reason. They earn it. Source: Mike Mozart via Flickr (Modified) ### Hormel Foods (HRL) Hormel Foods (NYSE:HRL) is better known as the "House of Spam." People laugh at Spam but it's good food, pork and ham made shelf-stable with salt. It helped win World War II. It's still a staple in Hawaii and Alaska. But the stock trades below where it was a year ago, and the yield is under 2%. The dividend is well-protected by earnings, but there is no growth here. Sales for fiscal 2018, which ended in October, were little changed from 2016. The net change in cash has averaged just $30 million over the last four years. Hormel was rumored to be buying a mustard company in 2017 but nothing came of it. When Hormel makes news, it's about Spam festivals or good works, not fast profits and not fast change. If your money is heading into retirement, consider Hormel. They will pay you to own them. They are good people. But if you're looking to grow your nest egg, HRL is one of the stocks to sell and/or avoid. Source: Mike Mozart via Flickr ### Kraft Heinz (KHC) When the geniuses at 3G Capital combined with legendary investor Warren Buffett of Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) to create Kraft Heinz (NYSE:KHC) in 2015, there was excitement and much rejoicing. But you can't make a silk purse out of a sow's ear, even with zero-based budgeting. Consumer staples like processed cheese and ketchup, those dreaded "middle of the supermarket" items, just aren't growing. Kraft Heinz has been unable to grow sales for the last three years, and so the stock is down about 50% from its 2017 high. The fall in price has made the dividend more valuable. The yield is now 5.3%, so this might be a good pick-up for an income investor. But cheap stocks are cheap for a reason. The price-to-earnings multiple of Kraft Heinz is under 6x. Packaged goods companies like Kraft Heinz just aren't the safe havens they once were. Their share of the western dinner plate is slowly shrinking. Younger consumers want fresh food and older consumers can afford fresh food. Kraft Heinz needs nearly $3 billion in income, each year, to pay its $2.50 per share dividend. Thanks to 3G management, it gets that, and more. But there is over $28 billion in long-term debt on the books, against less than $1.5 billion in cash. Kraft's acquisitions are small, marginal and distracting. Kraft growth initiatives like Devour, frozen meals targeted at men, are growing but not fast enough to change the narrative. * 7 Semiconductor Stocks to Buy Now Tell your mom to buy Kraft Heinz. She'll love you for it. But you need to find something bigger for your money. Source: Shutterstock ### YUM Brands (YUM) Unlike the other companies in this collection YUM! Brands (NYSE:YUM) has delivered investors a capital gain over the last year, but it's under 10%. In order to deliver that gain, YUM! Management has been doing all it can to create buzz. It gets women to dress up as Colonel Sanders, it constantly tinkers with the Taco Bell menu and it delivers beer for Pizza Hut. But fast food is fast food. Fast food is not a growth industry. Spinning out the Chinese operations as YUM China (NASDAQ:YUMC) in 2016 was a winner for shareholders, but when you buy stock, you're buying tomorrow. YUM! continues to push for growth, but there is very little growth in fast food, and the yield on the stock's 36-cent-per-share dividend is just 1.6%. YUM management continues to try and control its store ecosystem, recently buying QuikOrder, which sells sales software to fast food restaurants. QuikOrder's sales won't move the needle on sales and revenue for Yum, and which fast food operator wants to buy his ordering software from a competitor? Most analysts can't offer anything more than a "hold" rating on Yum! Brands shares and I can't say I disagree with them. Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing, he did not hold a positon in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Semiconductor Stocks to Buy Now * 10 of the Best Stocks to Invest In for February * 5 Top Stocks for a FOMO Rally Compare Brokers The post 5 Consumer Stocks Young Investors Should Avoid appeared first on InvestorPlace.
Conagra (CAG) grapples with input cost inflation and weakness in the Foodservice segment. Nevertheless, we have zeroed in on three food stocks that hold substantial growth potential.