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

Conagra Brands (NYSE:CAG) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.350-2.350 for the period, compared to the consensus earnings per share estimate of 2.450. The company issued revenue guidance of -.

Conagra Brands Stock Down 5.4 %

CAG stock opened at $23.92 on Wednesday. Conagra Brands has a 12 month low of $23.06 and a 12 month high of $33.24. The firm has a market cap of $11.42 billion, a PE ratio of 23.45, a P/E/G ratio of 1.72 and a beta of 0.28. The firm has a 50 day simple moving average of $26.33 and a 200 day simple moving average of $28.62. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.70 and a quick ratio of 0.22.

Conagra Brands (NYSE:CAG) last released its earnings results on Thursday, December 19th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.68 by $0.02. Conagra Brands had a net margin of 4.13% and a return on equity of 13.76%. The business had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.15 billion. During the same period in the prior year, the business earned $0.71 earnings per share. The business’s quarterly revenue was down .4% on a year-over-year basis. Equities research analysts forecast that Conagra Brands will post 2.46 earnings per share for the current fiscal year.

Conagra Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 27th. Investors 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 yield of 5.85%. The ex-dividend date of this dividend is Monday, January 27th. Conagra Brands’s dividend payout ratio is 137.26%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CAG. Citigroup decreased their target price on shares of Conagra Brands from $31.00 to $29.00 and set a “neutral” rating for the company in a research note on Wednesday, December 11th. Bank of America decreased their target price on shares of Conagra Brands from $31.00 to $29.00 and set a “neutral” rating for the company in a research note on Friday, December 20th. Stifel Nicolaus decreased their target price on shares of Conagra Brands from $30.00 to $28.00 and set a “hold” rating for the company in a research note on Friday, January 24th. Royal Bank of Canada reissued a “sector perform” rating and set a $29.00 target price on shares of Conagra Brands in a research note on Friday, December 20th. Finally, JPMorgan Chase & Co. cut their price target on shares of Conagra Brands from $30.00 to $29.00 and set a “neutral” rating on the stock in a report on Friday, January 3rd. Seven analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $30.00.

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.