In recent trading session, Conagra Brands Inc (NYSE:CAG) saw 1.23 million shares changing hands at last check today with its beta currently measuring 0.18. Company’s recent per share price level of $24.27 trading at -$0.65 or -2.61% at last check today assigns it a market valuation of $11.59B. That most recent trading price of CAG’s stock is at a discount of -36.96% from its 52-week high price of $33.24 and is indicating a premium of 4.99% from its 52-week low price of $23.06. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.11 million shares which gives us an average trading volume of 6.27 million if we extend that period to 3-months.
For Conagra Brands Inc (CAG), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.90. Splitting up the data highlights that, out of 15 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 9 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.61 in the current quarter.
Conagra Brands Inc (NYSE:CAG) trade information
Upright in the red during last session for losing -2.61%, in the last five days CAG remained trading in the red while hitting it’s week-highest on Tuesday, 04/22/25 when the stock touched $24.27 price level, adding 5.82% to its value on the day. Conagra Brands Inc’s shares saw a change of -12.54% in year-to-date performance and have moved -4.18% in past 5-day. Conagra Brands Inc (NYSE:CAG) showed a performance of -6.37% in past 30-days. Number of shares sold short was 13.18 million shares which calculate 2.06 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 34 to the stock, which implies a rise of 28.62% to its recent value today. Analysts have been projecting 29 as a low price target for the stock while placing it at a high target of 45. It follows that stock’s current price would drop -19.49% in reaching the projected high whereas dropping to the targeted low would mean a loss of -19.49% for stock’s current value.
Conagra Brands Inc (CAG) estimates and forecasts
This year revenue growth is estimated to fall -2.81% from the last financial year’s standing.
11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.88B for the same. And 7 analysts are in estimates of company making revenue of 2.81B in the next quarter. Company posted 2.91B and 2.79B of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -13.83% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -12.47% while estimates for its earnings growth in next 5 years are of -1.59%.
CAG Dividends
Conagra Brands Inc is more likely to be releasing its next quarterly report on 2025-Apr-02 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 5.77%, the share has a forward dividend of 1.40 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.75%.
Conagra Brands Inc (NYSE:CAG)’s Major holders
Insiders are in possession of 0.56% of company’s total shares while institution are holding 90.30 percent of that, with stock having share float percentage of 90.80%. Investors also watch the number of corporate investors in a company very closely, which is 90.30% institutions for Conagra Brands Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at CAG for having 57.35 million shares of worth $1.63 billion. And as of 2024-06-30, it was holding 11.9829 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 47.23 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.8684 of outstanding shares, having a total worth of $1.34 billion.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 14.9 shares of worth $362.71 million or 3.12% of the total outstanding shares. The later fund manager was in possession of 12.92 shares on Dec 31, 2024 , making its stake of worth around $314.45 million in the company or a holder of 2.71% of company’s stock.
