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 (EPS) guidance of 2.600-2.650 for the period, compared to the consensus estimate of 2.630. The company issued revenue guidance of -. Conagra Brands also updated its FY25 guidance to $2.60-2.65 EPS.

Conagra Brands Price Performance

NYSE CAG opened at $28.37 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.95 and a quick ratio of 0.33. The firm has a market capitalization of $13.56 billion, a PE ratio of 14.26, a P/E/G ratio of 2.80 and a beta of 0.32. Conagra Brands has a 12 month low of $25.16 and a 12 month high of $33.60. The company’s 50 day simple moving average is $29.50 and its 200 day simple moving average is $29.21.

Conagra Brands (NYSE:CAG) last posted its quarterly earnings data on Thursday, July 11th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.57 by $0.04. Conagra Brands had a net margin of 7.86% and a return on equity of 14.25%. The firm had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.93 billion. During the same quarter last year, the business posted $0.62 EPS. The company’s revenue was down 2.3% on a year-over-year basis. As a group, equities research analysts forecast that Conagra Brands will post 2.62 EPS for the current fiscal year.

Conagra Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 29th. Stockholders of record on Thursday, August 1st will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 4.93%. The ex-dividend date of this dividend is Thursday, August 1st. Conagra Brands’s dividend payout ratio is currently 70.35%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Wells Fargo & Company lowered their price target on shares of Conagra Brands from $32.00 to $31.00 and set an equal weight rating on the stock in a report on Wednesday. Citigroup decreased their price objective on shares of Conagra Brands from $32.00 to $30.00 and set a neutral rating for the company in a report on Friday, June 28th. Stifel Nicolaus upped their price objective on shares of Conagra Brands from $29.00 to $32.00 and gave the stock a hold rating in a report on Friday, April 5th. Finally, Barclays upped their price objective on shares of Conagra Brands from $31.00 to $34.00 and gave the stock an overweight rating in a report on Monday, April 8th. Ten investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of Hold and an average price target of $32.38.

Insider Buying and Selling

In other Conagra Brands news, EVP Charisse Brock sold 15,444 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were sold at an average price of $30.37, for a total transaction of $469,034.28. Following the sale, the executive vice president now directly owns 113,254 shares of the company’s stock, valued at $3,439,523.98. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.88% of the company’s stock.

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.