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Conagra Brands (DE:CAO)
FRANKFURT:CAO

Conagra Brands (CAO) Stock Price & Analysis

1 Followers

CAO Stock Chart & Stats

Day’s Range€0 - €0
52-Week Range€23.80 - €33.39
Previous Close€28.19
Volume0.00
Average Volume (3M)189.00
Market Cap
€13.55B
Enterprise Value€22.10B
Total Cash (Recent Filing)$61.50M
Total Debt (Recent Filing)$9.07B
Price to Earnings (P/E)N/A
Beta0.05
Jul 11, 2024
Dividend Yield4.6%
Share Statistics
EPS (TTM)N/A
Shares Outstanding478,062,749
10 Day Avg. Volume82
30 Day Avg. Volume189
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)-2.70
Price to Sales (P/S)4.41
Price to Cash Flow (P/CF)8.70
P/FCF Ratio8.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.82
Enterprise Value/Gross Profit6.77
Enterprise Value/Ebitda13.25
Forecast
Price Target Upside4.30% Upside
Rating ConsensusHold
Number of Analyst Covering12

Bulls Say, Bears Say

Bulls Say
Financial PerformanceThe company has reported a sales and earnings per share beat, largely driven by stronger price/mix in the Grocery and Snacks segment.
Market OutlookAnalysts see a potential for the company's shares to benefit from a market re-rating, as shifting consumer sentiment could revitalize interest in food stocks.
Operational EfficiencySupply chain improvements and productivity initiatives are yielding results, leading to increased operational efficiency and cost management.
Bears Say
Consumer BehaviorConsumers are still exhibiting value-seeking behaviors with price points high.
Financial PerformanceLimited EPS growth over the next couple of years.
Product Category PerformanceFrozen dinners category remains pressured with falling prices and volume declines.
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Financials

Annual

Options Prices

Currently, No data available
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Ownership Overview

0.00%0.00%1.32%98.68%
1.32% Other Institutional Investors
98.68% Public Companies and
Individual Investors

CAO FAQ

What was Conagra Brands’s price range in the past 12 months?
Conagra Brands lowest stock price was €23.80 and its highest was €33.39 in the past 12 months.
    What is Conagra Brands’s market cap?
    Currently, no data Available
    When is Conagra Brands’s upcoming earnings report date?
    Conagra Brands’s upcoming earnings report date is Jul 11, 2024 which is in 84 days.
      How were Conagra Brands’s earnings last quarter?
      Conagra Brands released its earnings results on Apr 04, 2024. The company reported €0.65 earnings per share for the quarter, beating the consensus estimate of €0.608 by €0.041.
        Is Conagra Brands overvalued?
        According to Wall Street analysts Conagra Brands’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Conagra Brands pay dividends?
          Conagra Brands pays a Quarterly dividend of €0.33 which represents an annual dividend yield of 4.6%. See more information on Conagra Brands dividends here
            What is Conagra Brands’s EPS estimate?
            Conagra Brands’s EPS estimate is €0.54.
              How many shares outstanding does Conagra Brands have?
              Currently, no data Available
              What happened to Conagra Brands’s price movement after its last earnings report?
              Conagra Brands reported an EPS of €0.65 in its last earnings report, beating expectations of €0.608. Following the earnings report the stock price went up 4.483%.
                Which hedge fund is a major shareholder of Conagra Brands?
                Among the largest hedge funds holding Conagra Brands’s share is Gotham Asset Management LLC. It holds Conagra Brands’s shares valued at 7M.
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                  Company Description

                  Conagra Brands

                  Conagra Brands, Inc. engages in the manufacture and sale of processed and packaged foods. It operates through the following segments: Grocery and Snacks; Refrigerated and Frozen; International; Foodservice; and Pinnacle Foods. The Grocery and Snacks segment includes branded, shelf stable food products sold in various retail channels in the United States. The Refrigerated and Frozen segment comprises branded, temperature controlled food products sold in various retail channels in the United States. The International segment consists branded food products, in various temperature states, sold in various retail and foodservice channels outside of the United States. The Foodservice segment focuses in the branded and customized food products, including meals, entrees, sauces, and a variety of custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Pinnacle Foods segment involves in the commercially branded and private label food and ingredients, in various temperature states, sold in various retail and foodservice channels in the United States and Canada. The company was founded by Alva Kinney and Frank Little in 1919 and is headquartered in Chicago, IL.
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                  CAO Company Deck

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                  CAO Earnings Call

                  Q3 2024
                  0:00 / 0:00
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                  CAO Net sales Breakdown

                  42.00%42.00%40.58%9.26%8.17%
                  42.00% Refrigerated & Frozen
                  40.58% Grocery & Snacks
                  9.26% Foodservice
                  8.17% International
                  tipranks
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                  CAO Stock 12 Months Forecast

                  Average Price Target

                  €29.40
                  ▲(4.30% Upside)
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                  Best Analysts Covering CAO

                  1 Year
                  Andrew LazarBarclays
                  1 Year Success Rate
                  21/32 ratings generated profit
                  66%
                  1 Year Average Return
                  +6.04%
                  reiterated a buy rating 11 days ago
                  Copying Andrew Lazar's trades and holding each position for 1 Year would result in 65.63% of your transactions generating a profit, with an average return of +6.04% per trade.
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