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After finishing at $19.60 in the prior trading day, Nomad Foods Limited (NYSE: NOMD) closed at $19.13, down -2.40%. In other words, the price has decreased by -$2.40 from its previous closing price. On the day, 2.48 million shares were traded.
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 7.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.80. 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:
As of this moment, Nomad’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.59, and their Forward P/E ratio for the next fiscal year is 8.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 1.08.
Stock Price History:
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 -2.22%, while the 200-Day Moving Average is calculated to be 4.59%.
Shares Statistics:
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 78.72% stake in the company.
