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

Conagra Brands (NYSE:CAG) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.450-2.500 for the period, compared to the consensus 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

Conagra Brands stock opened at $26.81 on Friday. The company has a market capitalization of $12.80 billion, a price-to-earnings ratio of 26.03, a PEG ratio of 2.91 and a beta of 0.31. The company has a current ratio of 0.94, a quick ratio of 0.33 and a debt-to-equity ratio of 0.86. Conagra Brands has a 12 month low of $26.21 and a 12 month high of $33.24. The stock’s 50 day moving average is $28.26 and its 200-day moving average is $29.54.

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

Conagra Brands Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders 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 dividend on an annualized basis and a dividend yield of 5.22%. Conagra Brands’s payout ratio is presently 135.92%.

Analyst Ratings Changes

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

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.