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

Nomad Foods (NYSE:NOMD - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.940-1.980 for the period, compared to the consensus estimate of 1.850. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. StockNews.com raised Nomad Foods from a "hold" rating to a "buy" rating in a research note on Monday, November 18th. Mizuho lifted their price target on Nomad Foods from $24.00 to $26.00 and gave the company an "outperform" rating in a research note on Tuesday, March 4th. Finally, Barclays lifted their price target on Nomad Foods from $19.00 to $23.00 and gave the company an "overweight" rating in a research note on Monday, March 3rd.

Nomad Foods Stock Down 0.4 %

Shares of NYSE:NOMD traded down $0.07 during midday trading on Friday, reaching $20.36. The company had a trading volume of 1,226,480 shares, compared to its average volume of 593,161. The company has a quick ratio of 0.72, a current ratio of 1.20 and a debt-to-equity ratio of 0.79. The business's 50 day moving average price is $17.67 and its 200 day moving average price is $17.87. The stock has a market cap of $3.32 billion, a PE ratio of 15.31 and a beta of 0.77. Nomad Foods has a 1-year low of $15.43 and a 1-year high of $20.81.

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Nomad Foods Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Monday, February 10th were given a $0.17 dividend. The ex-dividend date was Monday, February 10th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.34%. This is an increase from Nomad Foods's previous quarterly dividend of $0.15. Nomad Foods's payout ratio is currently 45.03%.

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.