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

Conagra Brands (NYSE:CAG - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.350-2.350 for the period, compared to the consensus estimate of 2.450. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on CAG. JPMorgan Chase & Co. dropped their price objective on shares of Conagra Brands from $30.00 to $29.00 and set a "neutral" rating for the company in a research report on Friday, January 3rd. Barclays dropped their price objective on shares of Conagra Brands from $33.00 to $32.00 and set an "overweight" rating for the company in a research report on Monday, December 23rd. Bank of America dropped their price objective on shares of Conagra Brands from $31.00 to $29.00 and set a "neutral" rating for the company in a research report on Friday, December 20th. Wells Fargo & Company dropped their price objective on shares of Conagra Brands from $28.00 to $27.00 and set an "equal weight" rating for the company in a research report on Tuesday. Finally, Royal Bank of Canada reissued a "sector perform" rating and issued a $29.00 price objective on shares of Conagra Brands in a research report on Friday, December 20th. Seven research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Conagra Brands currently has an average rating of "Hold" and an average target price of $29.78.

Conagra Brands Stock Up 3.9 %

Shares of CAG stock traded up $0.98 on Friday, hitting $25.82. The stock had a trading volume of 7,589,209 shares, compared to its average volume of 5,840,252. The firm has a market capitalization of $12.32 billion, a price-to-earnings ratio of 25.31, a P/E/G ratio of 1.72 and a beta of 0.28. The stock's 50 day moving average is $26.15 and its 200-day moving average is $28.54. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.22 and a current ratio of 0.70. Conagra Brands has a 52-week low of $23.06 and a 52-week high of $33.24.

Conagra Brands (NYSE:CAG - Get Free Report) last announced its earnings results on Thursday, December 19th. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.02. Conagra Brands had a net margin of 4.13% and a return on equity of 13.76%. The business had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.15 billion. During the same period in the prior year, the firm earned $0.71 earnings per share. The business's quarterly revenue was down .4% compared to the same quarter last year. As a group, research analysts expect that Conagra Brands will post 2.35 earnings per share for the current year.

Conagra Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Monday, January 27th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Monday, January 27th. This represents a $1.40 dividend on an annualized basis and a yield of 5.42%. Conagra Brands's dividend payout ratio (DPR) is 137.26%.

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.