In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Nomad Foods Limited (NYSE: NOMD) closed at $19.42 up 0.21% from its previous closing price of $19.38. In other words, the price has increased by $0.21 from its previous closing price. On the day, 0.86 million shares were traded. NOMD stock price reached its highest trading level at $19.5 during the session, while it also had its lowest trading level at $19.17.
Ratios:
For a deeper understanding of Nomad Foods Limited’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.97. For the most recent quarter (mrq), Quick Ratio is recorded 0.71 and its Current Ratio is at 1.10. 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 2979086336 and an Enterprise Value of 4753185792. As of this moment, Nomad’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.78, and their Forward P/E ratio for the next fiscal year is 8.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 1.533 whereas that against EBITDA is 9.222.
Stock Price History:
The Beta on a monthly basis for NOMD is 0.81, which has changed by 0.07530451 over the last 52 weeks, in comparison to a change of 0.097913146 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 $15.43. The 50-Day Moving Average of the stock is 0.17%, while the 200-Day Moving Average is calculated to be 6.58%.
Shares Statistics:
For the past three months, NOMD has traded an average of 705.17K shares per day and 728240 over the past ten days. A total of 156.09M shares are outstanding, with a floating share count of 126.17M. Insiders hold about 17.75% of the company’s shares, while institutions hold 78.38% stake in the company. Shares short for NOMD as of 1744675200 were 1061944 with a Short Ratio of 1.51, compared to 1741910400 on 1436382. Therefore, it implies a Short% of Shares Outstanding of 1061944 and a Short% of Float of 0.98.
Dividends & Splits
According to the company, the forward annual dividend rate for NOMD is 0.62, from 0.599 in the trailing year. Against a Trailing Annual Dividend Yield of 0.030908152
