Conagra Brands (NYSE:CAG) Releases FY 2025 Earnings Guidance

Conagra Brands (NYSE:CAG) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.450-2.500 for the period, compared to the consensus estimate of 2.580. The company issued revenue guidance of -. Conagra Brands also updated its FY25 guidance to $2.45-2.50 EPS.

Analyst Ratings Changes

Several brokerages have recently issued reports on CAG. Bank of America lowered their price objective on shares of Conagra Brands from $34.00 to $33.00 and set a “neutral” rating for the company in a research report on Thursday, October 3rd. Citigroup lowered their target price on Conagra Brands from $31.00 to $29.00 and set a “neutral” rating for the company in a report on Wednesday, December 11th. Wells Fargo & Company cut their price target on Conagra Brands from $31.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday. BNP Paribas upgraded Conagra Brands to a “strong-buy” rating in a report on Thursday, October 3rd. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $29.00 price target on shares of Conagra Brands in a research report on Thursday, October 3rd. Six investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $31.38.

Conagra Brands Stock Down 2.0 %

CAG stock opened at $26.81 on Friday. Conagra Brands has a twelve month low of $26.21 and a twelve month high of $33.24. The company has a market cap of $12.80 billion, a price-to-earnings ratio of 26.03, a P/E/G ratio of 2.91 and a beta of 0.31. The company has a quick ratio of 0.33, a current ratio of 0.94 and a debt-to-equity ratio of 0.86. The business has a 50 day moving average price of $28.26 and a two-hundred day moving average price of $29.54.

Conagra Brands (NYSE:CAG) last issued its earnings results on Thursday, December 19th. The company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. Conagra Brands had a net margin of 4.14% and a return on equity of 13.71%. The business had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.15 billion. During the same period in the previous year, the company earned $0.71 earnings per share. The firm’s revenue for the quarter was down .4% on a year-over-year basis. Analysts anticipate that Conagra Brands will post 2.58 EPS for the current fiscal year.

Conagra Brands Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Monday, January 27th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 5.22%. The ex-dividend date of this dividend is Monday, January 27th. Conagra Brands’s payout ratio is currently 135.92%.

Conagra Brands Company Profile

Conagra Brands, Inc, together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels.