Zacks Research Lifts Earnings Estimates for Conagra Brands

Conagra Brands, Inc. (NYSE:CAG - Free Report) - Equities research analysts at Zacks Research lifted their Q4 2025 EPS estimates for Conagra Brands in a research report issued to clients and investors on Wednesday, October 16th. Zacks Research analyst V. Bagree now expects that the company will earn $0.65 per share for the quarter, up from their previous estimate of $0.62. The consensus estimate for Conagra Brands' current full-year earnings is $2.59 per share. Zacks Research also issued estimates for Conagra Brands' FY2027 earnings at $2.72 EPS.

Conagra Brands (NYSE:CAG - Get Free Report) last announced its earnings results on Wednesday, October 2nd. The company reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.07). Conagra Brands had a net margin of 4.14% and a return on equity of 13.71%. The company had revenue of $2.79 billion during the quarter, compared to analysts' expectations of $2.84 billion. During the same quarter last year, the business posted $0.66 earnings per share. The company's revenue for the quarter was down 3.8% compared to the same quarter last year.

A number of other research analysts have also issued reports on the stock. Royal Bank of Canada reiterated a "sector perform" rating and set a $29.00 price target on shares of Conagra Brands in a research note on Thursday, October 3rd. The Goldman Sachs Group assumed coverage on Conagra Brands in a report on Monday, August 12th. They issued a "buy" rating and a $36.00 price target for the company. Evercore ISI decreased their price target on Conagra Brands from $32.00 to $31.00 and set a "neutral" rating on the stock in a research note on Friday, July 12th. Wells Fargo & Company increased their price objective on Conagra Brands from $30.00 to $31.00 and gave the stock an "equal weight" rating in a research report on Thursday. Finally, Citigroup lowered their price target on shares of Conagra Brands from $32.00 to $30.00 and set a "neutral" rating on the stock in a research note on Friday, June 28th. Six analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $31.63.

Conagra Brands Stock Performance

CAG traded up $0.01 during trading on Friday, hitting $30.32. The stock had a trading volume of 5,474,323 shares, compared to its average volume of 4,778,772. The firm has a market capitalization of $14.49 billion, a P/E ratio of 41.53, a PEG ratio of 3.01 and a beta of 0.32. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.33 and a current ratio of 0.94. Conagra Brands has a twelve month low of $26.62 and a twelve month high of $33.24. The company's 50-day moving average price is $31.15 and its 200 day moving average price is $30.29.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Bessemer Group Inc. lifted its position in Conagra Brands by 237.9% during the first quarter. Bessemer Group Inc. now owns 76,971 shares of the company's stock worth $2,281,000 after buying an additional 54,195 shares during the period. SG Americas Securities LLC boosted its position in shares of Conagra Brands by 261.3% in the first quarter. SG Americas Securities LLC now owns 147,082 shares of the company's stock worth $4,360,000 after acquiring an additional 106,368 shares during the last quarter. M&G Plc purchased a new stake in Conagra Brands in the first quarter valued at approximately $7,429,000. UniSuper Management Pty Ltd increased its position in Conagra Brands by 573.4% during the first quarter. UniSuper Management Pty Ltd now owns 38,046 shares of the company's stock worth $1,128,000 after purchasing an additional 32,396 shares during the last quarter. Finally, Alaska Permanent Fund Corp purchased a new position in Conagra Brands during the first quarter worth approximately $1,398,000. Hedge funds and other institutional investors own 83.75% of the company's stock.

Insider Activity at Conagra Brands

In other Conagra Brands news, COO Thomas M. Mcgough sold 40,000 shares of the company's stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $30.29, for a total value of $1,211,600.00. Following the transaction, the chief operating officer now directly owns 161,443 shares in the company, valued at approximately $4,890,108.47. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.88% of the company's stock.

Conagra Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Thursday, October 31st will be given a $0.35 dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a $1.40 annualized dividend and a dividend yield of 4.62%. Conagra Brands's dividend payout ratio is currently 191.78%.

About Conagra Brands

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.