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

Conagra Brands (NYSE:CAG) updated its FY 2025 earnings guidance on Thursday. 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 CAG stock opened at $27.37 on Thursday. Conagra Brands has a 52 week low of $26.21 and a 52 week high of $33.24. The stock has a market capitalization of $13.06 billion, a PE ratio of 26.57, a PEG ratio of 2.91 and a beta of 0.31. 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 stock’s fifty day moving average is $28.31 and its 200-day moving average is $29.55.

Conagra Brands (NYSE:CAG) last issued its quarterly 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 business had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.15 billion. Conagra Brands had a net margin of 4.14% and a return on equity of 13.71%. Conagra Brands’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter last year, the business posted $0.71 earnings per share. Equities research analysts expect that Conagra Brands will post 2.58 EPS for the current fiscal year.

Conagra Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Investors of record on Monday, January 27th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 5.12%. The ex-dividend date of this dividend is Monday, January 27th. Conagra Brands’s dividend payout ratio (DPR) is 135.92%.

Analyst Upgrades and Downgrades

A number of analysts have commented on CAG shares. Wells Fargo & Company lowered their target price on shares of Conagra Brands from $31.00 to $30.00 and set an “equal weight” rating for the company in a report on Tuesday. BNP Paribas upgraded Conagra Brands to a “strong-buy” rating in a report on Thursday, October 3rd. Royal Bank of Canada reissued a “sector perform” rating and issued a $29.00 target price on shares of Conagra Brands in a research note on Thursday, October 3rd. Citigroup decreased their target price on Conagra Brands from $31.00 to $29.00 and set a “neutral” rating for the company in a research report on Wednesday, December 11th. Finally, Bank of America cut their price target on shares of Conagra Brands from $34.00 to $33.00 and set a “neutral” rating on the stock in a research report on Thursday, October 3rd. Six equities research 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 company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus 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.