The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Conagra Brands Inc (NYSE: CAG) closed at $25.79 up 1.10% from its previous closing price of $25.51. In other words, the price has increased by $1.10 from its previous closing price. On the day, 5.0 million shares were traded. CAG stock price reached its highest trading level at $25.82 during the session, while it also had its lowest trading level at $25.35.
Ratios:
For a deeper understanding of Conagra Brands Inc’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 329.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.07. For the most recent quarter (mrq), Quick Ratio is recorded 0.22 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.71.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on August 12, 2024, initiated with a Buy rating and assigned the stock a target price of $36.
On February 01, 2024, Citigroup started tracking the stock assigning a Neutral rating and target price of $30.
On December 12, 2023, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $31.Wells Fargo initiated its Equal Weight rating on December 12, 2023, with a $31 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 13 ’24 when McGough Thomas M sold 40,000 shares for $30.29 per share. The transaction valued at 1,211,600 led to the insider holds 161,443 shares of the business.
McGough Thomas M bought 40,000 shares of CAG for $1,211,583 on Aug 13 ’24. On May 23 ’24, another insider, Brock Charisse, who serves as the EVP, Chief HR Officer of the company, sold 15,444 shares for $30.37 each. As a result, the insider received 469,034 and left with 113,254 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CAG now has a Market Capitalization of 12310083584 and an Enterprise Value of 21706461184. As of this moment, Conagra’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.20, and their Forward P/E ratio for the next fiscal year is 10.00. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 20.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 1.818 whereas that against EBITDA is 9.693.
Stock Price History:
The Beta on a monthly basis for CAG is 0.28, which has changed by -0.0988819 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, CAG has reached a high of $33.24, while it has fallen to a 52-week low of $25.43. The 50-Day Moving Average of the stock is -5.92%, while the 200-Day Moving Average is calculated to be -12.70%.
Shares Statistics:
For the past three months, CAG has traded an average of 4.97M shares per day and 4997870 over the past ten days. A total of 477.32M shares are outstanding, with a floating share count of 474.69M. Insiders hold about 0.55% of the company’s shares, while institutions hold 87.25% stake in the company. Shares short for CAG as of 1732838400 were 13024718 with a Short Ratio of 3.21, compared to 1730332800 on 13613055. Therefore, it implies a Short% of Shares Outstanding of 13024718 and a Short% of Float of 3.1199999999999997.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 3.58. The current Payout Ratio is 193.56% for CAG, which recently paid a dividend on 2024-10-31 with an ex-dividend date of 1737936000. Stock splits for the company last occurred on 2016-11-10 when the company split stock in a 1285:1000 ratio.
