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

Nomad Foods (NYSE:NOMD - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.990-2.030 for the period, compared to the consensus earnings per share estimate of 1.890. The company issued revenue guidance of -. Nomad Foods also updated its FY25 guidance to €1.81-1.85 EPS.

Nomad Foods Stock Up 5.2 %

NOMD traded up $0.82 during trading on Tuesday, hitting $16.63. The stock had a trading volume of 808,182 shares, compared to its average volume of 602,023. The stock has a 50 day simple moving average of $17.08 and a two-hundred day simple moving average of $17.81. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.72 and a current ratio of 1.20. Nomad Foods has a twelve month low of $15.43 and a twelve month high of $20.05. The company has a market capitalization of $2.71 billion, a PE ratio of 12.50 and a beta of 0.79.

Nomad Foods Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Friday, November 8th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 3.61%. The ex-dividend date was Friday, November 8th. Nomad Foods's dividend payout ratio is presently 45.11%.

Analysts Set New Price Targets

Several analysts have commented on the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Nomad Foods from $25.00 to $23.00 and set a "buy" rating for the company in a research note on Monday, November 4th. StockNews.com upgraded shares of Nomad Foods from a "hold" rating to a "buy" rating in a research report on Monday, November 18th. Finally, Mizuho lowered their price target on shares of Nomad Foods from $28.00 to $24.00 and set an "outperform" rating on the stock in a report on Wednesday, December 18th.

Nomad Foods Company Profile

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.