As of close of business last night, Nomad Foods Limited’s stock clocked out at $18.89, down -0.63% from its previous closing price of $19.01. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 602292 shares were traded.
Ratios:
To gain a deeper understanding of NOMD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.74 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 0.70 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.82.
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 3.12B and an Enterprise Value of 4.99B. As of this moment, Nomad’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.50, and their Forward P/E ratio for the next fiscal year is 9.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.93 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 1.64 whereas that against EBITDA is 10.40.
Stock Price History:
Over the past 52 weeks, NOMD has reached a high of $20.05, while it has fallen to a 52-week low of $13.56. The 50-Day Moving Average of the stock is 18.71, while the 200-Day Moving Average is calculated to be 17.11.
Shares Statistics:
It appears that NOMD traded 679.12K shares on average per day over the past three months and 689.78k shares per day over the past ten days. A total of 163.17M shares are outstanding, with a floating share count of 134.92M. Insiders hold about 17.08% of the company’s shares, while institutions hold 76.65% stake in the company. Shares short for NOMD as of Mar 15, 2024 were 2.45M with a Short Ratio of 3.61, compared to 1.65M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.51% and a Short% of Float of 2.09%.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 3.05%.
Earnings Estimates
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.45 for the current quarter, with a high estimate of $0.5 and a low estimate of $0.41, while EPS last year was $0.5. The consensus estimate for the next quarter is $0.46, with high estimates of $0.48 and low estimates of $0.41.
Analysts are recommending an EPS of between $1.93 and $1.88 for the fiscal current year, implying an average EPS of $1.91. EPS for the following year is $2.08, with 7 analysts recommending between $2.15 and $1.99.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $856.39M. It ranges from a high estimate of $861.08M to a low estimate of $848.84M. As of the current estimate, Nomad Foods Limited’s year-ago sales were $850.07M, an estimated increase of 0.70% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $821.49M, an increase of 4.30% over than the figure of $0.70% in the same quarter last year. There is a high estimate of $827.79M for the next quarter, whereas the lowest estimate is $815.98M.
A total of 6 analysts have provided revenue estimates for NOMD’s current fiscal year. The highest revenue estimate was $3.39B, while the lowest revenue estimate was $3.37B, resulting in an average revenue estimate of $3.38B. In the same quarter a year ago, actual revenue was $3.27B, up 3.40% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $3.48B in the next fiscal year. The high estimate is $3.51B and the low estimate is $3.46B. The average revenue growth estimate for next year is up 3.10% from the average revenue estimate for this year.
