Conagra Brands FY2025 EPS Forecast Cut by Zacks Research

Conagra Brands, Inc. (NYSE:CAG - Free Report) - Stock analysts at Zacks Research reduced their FY2025 EPS estimates for shares of Conagra Brands in a research note issued to investors on Thursday, January 2nd. Zacks Research analyst V. Bagree now forecasts that the company will post earnings of $2.45 per share for the year, down from their previous forecast of $2.60. The consensus estimate for Conagra Brands' current full-year earnings is $2.58 per share. Zacks Research also issued estimates for Conagra Brands' Q1 2026 earnings at $0.55 EPS, Q4 2026 earnings at $0.64 EPS, FY2026 earnings at $2.53 EPS, Q1 2027 earnings at $0.56 EPS and FY2027 earnings at $2.66 EPS.

Conagra Brands (NYSE:CAG - Get Free Report) last posted its quarterly earnings results on Thursday, December 19th. The company reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.02. Conagra Brands had a net margin of 4.14% and a return on equity of 13.71%. The firm had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.15 billion. During the same period in the previous year, the business posted $0.71 earnings per share. Conagra Brands's quarterly revenue was down .4% on a year-over-year basis.

Several other analysts have also recently issued reports on CAG. JPMorgan Chase & Co. dropped their target price on Conagra Brands from $30.00 to $29.00 and set a "neutral" rating for the company in a report on Friday. Royal Bank of Canada reissued a "sector perform" rating and issued a $29.00 price objective on shares of Conagra Brands in a report on Friday, December 20th. Bank of America cut 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. Barclays decreased their target price on shares of Conagra Brands from $33.00 to $32.00 and set an "overweight" rating on the stock in a report on Monday, December 23rd. Finally, BNP Paribas upgraded shares of Conagra Brands to a "strong-buy" rating in a report on Thursday, October 3rd. Seven equities research 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 stock. Based on data from MarketBeat, Conagra Brands has an average rating of "Hold" and an average price target of $30.56.

Conagra Brands Price Performance

Shares of CAG stock traded down $0.77 during trading hours on Monday, reaching $26.88. The company had a trading volume of 4,625,591 shares, compared to its average volume of 4,887,028. Conagra Brands has a 12-month low of $26.21 and a 12-month high of $33.24. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.33 and a current ratio of 0.94. The company has a market capitalization of $12.83 billion, a price-to-earnings ratio of 26.10, a PEG ratio of 2.91 and a beta of 0.29. The stock has a fifty day moving average of $27.75 and a 200-day moving average of $29.41.

Institutional Investors Weigh In On Conagra Brands

Institutional investors have recently modified their holdings of the company. Lantz Financial LLC purchased a new stake in Conagra Brands during the second quarter worth about $201,000. Commonwealth Equity Services LLC increased its stake in Conagra Brands by 5.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 185,052 shares of the company's stock worth $5,259,000 after buying an additional 9,331 shares during the period. TD Asset Management Inc lifted its holdings in Conagra Brands by 16.4% during the 2nd quarter. TD Asset Management Inc now owns 212,734 shares of the company's stock worth $6,046,000 after buying an additional 29,999 shares in the last quarter. National Bank of Canada FI boosted its position in Conagra Brands by 21.3% in the 2nd quarter. National Bank of Canada FI now owns 145,750 shares of the company's stock valued at $4,124,000 after buying an additional 25,559 shares during the period. Finally, Lake Street Advisors Group LLC grew its stake in shares of Conagra Brands by 9.3% in the second quarter. Lake Street Advisors Group LLC now owns 8,731 shares of the company's stock worth $248,000 after acquiring an additional 744 shares in the last quarter. 83.75% of the stock is owned by institutional investors and hedge funds.

Conagra Brands Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Monday, January 27th will be given a dividend of $0.35 per share. The ex-dividend date is Monday, January 27th. This represents a $1.40 annualized dividend and a dividend yield of 5.21%. Conagra Brands's dividend payout ratio is currently 137.25%.

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.