Nomad Foods (NYSE:NOMD) Releases FY 2025 Earnings Guidance

Nomad Foods (NYSE:NOMD) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.940-1.980 for the period, compared to the consensus EPS estimate of 1.850. The company issued revenue guidance of -.

Nomad Foods Trading Up 1.6 %

NYSE:NOMD opened at $20.61 on Thursday. Nomad Foods has a 12 month low of $15.43 and a 12 month high of $20.81. The business’s 50-day moving average is $17.52 and its two-hundred day moving average is $17.84. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.20 and a quick ratio of 0.72. The firm has a market capitalization of $3.36 billion, a PE ratio of 15.49 and a beta of 0.77.

Nomad Foods Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Monday, February 10th were given a $0.17 dividend. This is an increase from Nomad Foods’s previous quarterly dividend of $0.15. The ex-dividend date was Monday, February 10th. This represents a $0.68 annualized dividend and a yield of 3.30%. Nomad Foods’s dividend payout ratio (DPR) is 45.03%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on NOMD. Barclays raised their price target on shares of Nomad Foods from $19.00 to $23.00 and gave the company an “overweight” rating in a report on Monday. Mizuho raised their target price on Nomad Foods from $24.00 to $26.00 and gave the company an “outperform” rating in a research note on Tuesday. Finally, StockNews.com upgraded Nomad Foods from a “hold” rating to a “buy” rating in a research note on Monday, November 18th.

About Nomad Foods

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers.