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After finishing at $15.78 in the prior trading day, Nomad Foods Limited (NYSE: NOMD) closed at $16.15, up 2.34%. In other words, the price has increased by $2.34 from its previous closing price. On the day, 1.0 million shares were traded. NOMD stock price reached its highest trading level at $16.29 during the session, while it also had its lowest trading level at $15.85.
Ratios:
Our goal is to gain a better understanding of NOMD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 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 2426311424 and an Enterprise Value of 4262103296. As of this moment, Nomad’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.99, and their Forward P/E ratio for the next fiscal year is 7.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 1.388 whereas that against EBITDA is 8.467.
Stock Price History:
The Beta on a monthly basis for NOMD is 0.70, which has changed by -0.13497591 over the last 52 weeks, in comparison to a change of 0.19554341 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 $14.87. The 50-Day Moving Average of the stock is -6.15%, while the 200-Day Moving Average is calculated to be -9.84%.
Shares Statistics:
The stock has traded on average 965.42K shares per day over the past 3-months and 1502120 shares per day over the last 10 days, according to various share statistics. A total of 150.24M shares are outstanding, with a floating share count of 126.55M. Insiders hold about 17.51% of the company’s shares, while institutions hold 78.68% stake in the company. Shares short for NOMD as of 1752537600 were 1460277 with a Short Ratio of 1.51, compared to 1749772800 on 1345038. Therefore, it implies a Short% of Shares Outstanding of 1460277 and a Short% of Float of 1.3599999999999999.
Earnings Estimates
A comprehensive evaluation of Nomad Foods Limited (NOMD) is underway, with the input of 6.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.48, with high estimates of $0.55 and low estimates of $0.44.
Analysts are recommending an EPS of between $1.87 and $1.68 for the fiscal current year, implying an average EPS of $1.75. EPS for the following year is $1.91, with 7.0 analysts recommending between $2.12 and $1.69.
Revenue Estimates
3 analysts predict $768.2M in revenue for the current quarter. It ranges from a high estimate of $774.99M to a low estimate of $760M. As of the current estimate, Nomad Foods Limited’s year-ago sales were $769.6MFor the next quarter, 3 analysts are estimating revenue of $796.01M. There is a high estimate of $806M for the next quarter, whereas the lowest estimate is $780.71M.
A total of 3 analysts have provided revenue estimates for NOMD’s current fiscal year. The highest revenue estimate was $3.08B, while the lowest revenue estimate was $3.06B, resulting in an average revenue estimate of $3.07B. In the same quarter a year ago, actual revenue was $3.1BBased on 5 analysts’ estimates, the company’s revenue will be $3.16B in the next fiscal year. The high estimate is $3.22B and the low estimate is $3.09B.
