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

Conagra Brands (NYSE:CAG) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.450-2.500 for the period, compared to the consensus earnings per share estimate of 2.580. The company issued revenue guidance of -. Conagra Brands also updated its FY25 guidance to $2.45-2.50 EPS.

Conagra Brands Price Performance

Shares of Conagra Brands stock traded down $0.58 on Thursday, reaching $26.79. 973,534 shares of the stock were exchanged, compared to its average volume of 4,764,598. 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 firm has a market cap of $12.79 billion, a PE ratio of 26.01, a P/E/G ratio of 2.91 and a beta of 0.31. The firm’s 50 day moving average is $28.31 and its 200-day moving average is $29.55. Conagra Brands has a one year low of $26.21 and a one year high of $33.24.

Conagra Brands (NYSE:CAG) last issued its earnings results on Thursday, December 19th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. The firm had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.15 billion. Conagra Brands had a return on equity of 13.71% and a net margin of 4.14%. The company’s revenue was down .4% compared to the same quarter last year. During the same quarter last year, the business posted $0.71 EPS. As a group, analysts anticipate that Conagra Brands will post 2.58 EPS for the current fiscal year.

Conagra Brands Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Stockholders of record on Monday, January 27th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 5.23%. The ex-dividend date of this dividend is Monday, January 27th. Conagra Brands’s dividend payout ratio is currently 135.92%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Citigroup cut their price target on Conagra Brands from $31.00 to $29.00 and set a “neutral” rating on the stock in a report on Wednesday, December 11th. Wells Fargo & Company cut their target price on Conagra Brands from $31.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday. Royal Bank of Canada restated a “sector perform” rating and issued a $29.00 target price on shares of Conagra Brands in a report on Thursday, October 3rd. Bank of America lowered their price target on Conagra Brands from $34.00 to $33.00 and set a “neutral” rating for the company in a research report on Thursday, October 3rd. Finally, BNP Paribas upgraded shares of Conagra Brands to a “strong-buy” rating in a research note on Thursday, October 3rd. Six analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Conagra Brands has an average rating of “Hold” and an average target price of $31.38.

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.