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Nomad Foods Limited (NYSE: NOMD) closed the day trading at $12.49 down -0.87% from the previous closing price of $12.6. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 0.81 million shares were traded. NOMD stock price reached its highest trading level at $12.66 during the session, while it also had its lowest trading level at $12.36.
Ratios:
For a better understanding of NOMD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.82. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.81.
On January 05, 2023, Credit Suisse Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $25 to $20.
On March 30, 2022, UBS started tracking the stock assigning a Buy rating and target price of $26.UBS initiated its Buy rating on March 30, 2022, with a $26 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NOMD now has a Market Capitalization of 1876441472 and an Enterprise Value of 3744009984. As of this moment, Nomad’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.64, and their Forward P/E ratio for the next fiscal year is 6.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 44.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 0.61. Its current Enterprise Value per Revenue stands at 1.226 whereas that against EBITDA is 7.772.
Stock Price History:
The Beta on a monthly basis for NOMD is 0.70, which has changed by -0.24577296 over the last 52 weeks, in comparison to a change of 0.16098404 over the same period for the S&P500. Over the past 52 weeks, NOMD has reached a high of $20.81, while it has fallen to a 52-week low of $11.04. The 50-Day Moving Average of the stock is 3.35%, while the 200-Day Moving Average is calculated to be -20.59%.
Shares Statistics:
Over the past 3-months, NOMD traded about 1.98M shares per day on average, while over the past 10 days, NOMD traded about 1738280 shares per day. A total of 146.65M shares are outstanding, with a floating share count of 124.87M. Insiders hold about 18.60% of the company’s shares, while institutions hold 72.26% stake in the company. Shares short for NOMD as of 1765756800 were 1970621 with a Short Ratio of 0.99, compared to 1763078400 on 2335934. Therefore, it implies a Short% of Shares Outstanding of 1970621 and a Short% of Float of 1.94.
Earnings Estimates
. The current rating of Nomad Foods Limited (NOMD) reflects the combined expertise of 6.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.37, with high estimates of $0.38 and low estimates of $0.35.
Analysts are recommending an EPS of between $1.71 and $1.64 for the fiscal current year, implying an average EPS of $1.66. EPS for the following year is $1.72, with 6.0 analysts recommending between $1.77 and $1.67.
Revenue Estimates
4 analysts predict $776.41M in revenue for. The current quarter. It ranges from a high estimate of $785.47M to a low estimate of $763.25M. As of. The current estimate, Nomad Foods Limited’s year-ago sales were $793.4MFor the next quarter, 4 analysts are estimating revenue of $766.55M. There is a high estimate of $779.1M for the next quarter, whereas the lowest estimate is $750.22M.
A total of 5 analysts have provided revenue estimates for NOMD’s current fiscal year. The highest revenue estimate was $3.04B, while the lowest revenue estimate was $3.02B, resulting in an average revenue estimate of $3.04B. In the same quarter a year ago, actual revenue was $3.1BBased on 5 analysts’ estimates, the company’s revenue will be $3.08B in the next fiscal year. The high estimate is $3.11B and the low estimate is $3.01B.
