|Bid||17.82 x 1000|
|Ask||18.85 x 1800|
|Day's Range||18.47 - 18.72|
|52 Week Range||17.30 - 28.92|
|Beta (5Y Monthly)||0.62|
|PE Ratio (TTM)||15.16|
|Earnings Date||Aug 10, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.88|
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The consensus price target hints at a 38% upside potential for Nomad Foods (NOMD). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Nomad Foods (NOMD) delivered earnings and revenue surprises of 4.55% and 4.72%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?