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After finishing at $16.63 in the prior trading day, Nomad Foods Limited (NYSE: NOMD) closed at $16.01, down -3.73%. In other words, the price has decreased by -$3.73 from its previous closing price. On the day, 0.94 million shares were traded. NOMD stock price reached its highest trading level at $16.51 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 6.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.58. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.79.
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 2574808064 and an Enterprise Value of 4532114432. As of this moment, Nomad’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.97, and their Forward P/E ratio for the next fiscal year is 8.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 1.481 whereas that against EBITDA is 9.763.
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 $15.99. The 50-Day Moving Average of the stock is -7.02%, while the 200-Day Moving Average is calculated to be -10.82%.
Shares Statistics:
The stock has traded on average 675.56K shares per day over the past 3-months and 382410 shares per day over the last 10 days, according to various share statistics. A total of 160.83M shares are outstanding, with a floating share count of 134.04M. Insiders hold about 17.75% of the company’s shares, while institutions hold 76.26% stake in the company. Shares short for NOMD as of 1730332800 were 1705019 with a Short Ratio of 2.01, compared to 1727654400 on 1948664. Therefore, it implies a Short% of Shares Outstanding of 1705019 and a Short% of Float of 1.46.
