Nomad Foods Limited (NYSE:NOMD) Up 12.33% Since 52-Week Low; YTD Rose 4.89% – Here’s What You Need To Do

Nomad Foods Limited (NYSE:NOMD)’s traded shares stood at 0.72 million during the last session, with the company’s beta value hitting 0.76. At the close of trading, the stock’s price was $17.60, to imply a decrease of -0.34% or -$0.06 in intraday trading. The NOMD share’s 52-week high remains $20.81, putting it -18.24% down since that peak but still an impressive 12.33% since price per share fell to its 52-week low of $15.43.

Analysts have given a consensus recommendation of Buy for Nomad Foods Limited (NOMD), translating to a mean rating of 1.43. Of 4 analyst(s) looking at the stock, 0 analyst(s) give NOMD a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 3 recommend it as a Buy.

Nomad Foods Limited (NYSE:NOMD) trade information

After registering a -0.34% downside in the last session, Nomad Foods Limited (NOMD) has traded red over the past five days. The 5-day price performance for the stock is -2.98%, and -9.00% over 30 days. With these gigs, the year-to-date price performance is 4.89%.

The extremes give us $23 and $23 for target low and target high price respectively. As such, NOMD has been trading -30.68% off suggested target high and -30.68% from its likely low.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 11.12% for the past 5-year period. While 2025 is set for a 3.51% return in earnings, projections for the next 5 years are at 7.05% annually.

NOMD Dividends

Nomad Foods Limited has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Nomad Foods Limited has a forward dividend ratio of 0.64, with the share yield ticking at 3.64% to continue the rising pattern observed over the past year.

The next major institution holding the largest number of shares is BOSTON PARTNERS with 9.82 million shares, or about 5.958% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $162.11 million.

We also have UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. and ALLSPRING FUNDS TRUST-Allspring Special Small Cap Value Fund as the top two Mutual Funds with the largest holdings of the Nomad Foods Limited (NOMD) shares. Going by data provided on Dec 31, 2024 , UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. holds roughly 4.34 shares. This is just over 2.83% of the total shares, with a market valuation of $76.47 million. Data from the same date shows that the other fund manager holds a little less at 3.89, or 2.53% of the shares, all valued at about 68.42 million.