Conagra Foods Stock Analysis

CAG Stock  USD 29.76  0.45  1.54%   
ConAgra Foods is fairly valued with Real Value of 29.88 and Target Price of 30.36. The main objective of ConAgra Foods stock analysis is to determine its intrinsic value, which is an estimate of what ConAgra Foods is worth, separate from its market price. There are two main types of ConAgra Foods' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect ConAgra Foods' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of ConAgra Foods' stock to identify patterns and trends that may indicate its future price movements.
The ConAgra Foods stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. ConAgra Foods is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. ConAgra Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and ConAgra Foods' ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConAgra Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.

ConAgra Stock Analysis Notes

About 87.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.53. Some equities with similar Price to Book (P/B) outperform the market in the long run. ConAgra Foods has Price/Earnings To Growth (PEG) ratio of 0.72. The entity last dividend was issued on the 29th of April 2024. The firm had 1285:1000 split on the 10th of November 2016. Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois. Conagra Brands operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. It employs 18000 people. For more info on ConAgra Foods please contact Sean Connolly at 312 549 5000 or go to https://www.conagrabrands.com.

ConAgra Foods Quarterly Total Revenue

3.03 Billion

ConAgra Foods Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. ConAgra Foods' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding ConAgra Foods or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company has 9.24 B in debt with debt to equity (D/E) ratio of 1.05, which is OK given its current industry classification. ConAgra Foods has a current ratio of 0.76, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist ConAgra Foods until it has trouble settling it off, either with new capital or with free cash flow. So, ConAgra Foods' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ConAgra Foods sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ConAgra to invest in growth at high rates of return. When we think about ConAgra Foods' use of debt, we should always consider it together with cash and equity.
Over 87.0% of ConAgra Foods shares are held by institutions such as insurance companies
On 29th of February 2024 ConAgra Foods paid $ 0.35 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Q4 Rundown BG Foods Vs Other Shelf-Stable Food Stocks

ConAgra Foods Upcoming and Recent Events

Earnings reports are used by ConAgra Foods to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to ConAgra Foods previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
3rd of April 2024
Upcoming Quarterly Report
View
11th of July 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
11th of July 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
31st of May 2023
Last Financial Announcement
View

ConAgra Largest EPS Surprises

Earnings surprises can significantly impact ConAgra Foods' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2008-09-18
2008-08-310.240.270.0312 
2006-09-21
2006-08-310.230.260.0313 
2006-06-28
2006-05-310.290.320.0310 
View All Earnings Estimates

ConAgra Foods Thematic Classifications

In addition to having ConAgra Foods stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Food Products Idea
Food Products
USA Equities from Food Products industry as classified by Fama & French
Baby Boomer Prospects Idea
Baby Boomer Prospects
Mega stocks, funds and ETFs that tend to appeal to people considering retirement from the work force

ConAgra Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as ConAgra Foods is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ConAgra Foods backward and forwards among themselves. ConAgra Foods' institutional investor refers to the entity that pools money to purchase ConAgra Foods' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Lsv Asset Management2023-12-31
8.3 M
Amundi2023-12-31
7.5 M
Northern Trust Corp2023-12-31
5.8 M
Bank Of New York Mellon Corp2023-12-31
5.2 M
Norges Bank2023-12-31
4.9 M
Goldman Sachs Group Inc2023-12-31
4.7 M
Capital World Investors2023-12-31
4.5 M
Bank Of America Corp2023-12-31
4.1 M
Legal & General Group Plc2023-12-31
3.8 M
Vanguard Group Inc2023-12-31
57.4 M
Blackrock Inc2023-12-31
42.9 M
Note, although ConAgra Foods' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

ConAgra Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 14.23 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ConAgra Foods's market, we take the total number of its shares issued and multiply it by ConAgra Foods's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

ConAgra Profitablity

ConAgra Foods' profitability indicators refer to fundamental financial ratios that showcase ConAgra Foods' ability to generate income relative to its revenue or operating costs. If, let's say, ConAgra Foods is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, ConAgra Foods' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of ConAgra Foods' profitability requires more research than a typical breakdown of ConAgra Foods' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.08 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.18 %, which entails that for every 100 dollars of revenue, it generated $0.18 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.13  0.13 
Return On Capital Employed 0.08  0.07 
Return On Assets 0.04  0.05 
Return On Equity 0.11  0.15 

Management Efficiency

ConAgra Foods has Return on Asset of 0.0526 % which means that on every $100 spent on assets, it made $0.0526 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1047 %, implying that it generated $0.1047 on every 100 dollars invested. ConAgra Foods' management efficiency ratios could be used to measure how well ConAgra Foods manages its routine affairs as well as how well it operates its assets and liabilities. At this time, ConAgra Foods' Return On Equity is most likely to slightly decrease in the upcoming years. At this time, ConAgra Foods' Total Current Assets are most likely to decrease significantly in the upcoming years. The ConAgra Foods' current Net Tangible Assets is estimated to increase to about 8.3 B, while Other Current Assets are projected to decrease to roughly 80.1 M.
Last ReportedProjected for Next Year
Book Value Per Share 16.32  17.13 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share(16.01)(15.21)
Enterprise Value Over EBITDA 14.15  8.16 
Price Book Value Ratio 2.13  2.66 
Enterprise Value Multiple 14.15  8.16 
Price Fair Value 2.13  2.66 
Enterprise Value12.3 B12.9 B
The analysis of ConAgra Foods' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze ConAgra Foods' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of ConAgra Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.047
Forward Dividend Yield
0.047
Forward Dividend Rate
1.4
Beta
0.389

Technical Drivers

As of the 16th of April 2024, ConAgra Foods shows the Downside Deviation of 1.32, mean deviation of 1.05, and Risk Adjusted Performance of 0.0296. ConAgra Foods technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for ConAgra Foods, which can be compared to its peers. Please confirm ConAgra Foods maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if ConAgra Foods is priced correctly, providing market reflects its regular price of 29.76 per share. Given that ConAgra Foods has jensen alpha of 0.0235, we suggest you to validate ConAgra Foods's prevailing market performance to make sure the company can sustain itself at a future point.

ConAgra Foods Price Movement Analysis

Execute Study
null. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. ConAgra Foods middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for ConAgra Foods. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

ConAgra Foods Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific ConAgra Foods insiders, such as employees or executives, is commonly permitted as long as it does not rely on ConAgra Foods' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases ConAgra Foods insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

ConAgra Foods Outstanding Bonds

ConAgra Foods issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. ConAgra Foods uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most ConAgra bonds can be classified according to their maturity, which is the date when ConAgra Foods has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

ConAgra Foods Predictive Daily Indicators

ConAgra Foods intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of ConAgra Foods stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

ConAgra Foods Corporate Filings

8K
4th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
4th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
14th of February 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
13A
13th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
25th of January 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
4th of January 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
5th of December 2023
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
10th of October 2023
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

ConAgra Foods Forecast Models

ConAgra Foods' time-series forecasting models are one of many ConAgra Foods' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary ConAgra Foods' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About ConAgra Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how ConAgra Foods prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling ConAgra shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as ConAgra Foods. By using and applying ConAgra Stock analysis, traders can create a robust methodology for identifying ConAgra entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.09  0.09 
Operating Profit Margin 0.13  0.14 
Net Profit Margin 0.08  0.08 
Gross Profit Margin 0.28  0.16 

Current ConAgra Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. ConAgra analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. ConAgra analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
30.36Buy18Odds
ConAgra Foods current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most ConAgra analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ConAgra stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ConAgra Foods, talking to its executives and customers, or listening to ConAgra conference calls.
ConAgra Analyst Advice Details

ConAgra Stock Analysis Indicators

ConAgra Foods stock analysis indicators help investors evaluate how ConAgra Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading ConAgra Foods shares will generate the highest return on investment. By understating and applying ConAgra Foods stock analysis, traders can identify ConAgra Foods position entry and exit signals to maximize returns.
Begin Period Cash Flow83.3 M
Long Term Debt7.1 B
Common Stock Shares Outstanding480.7 M
Total Stockholder Equity8.8 B
Total Cashflows From Investing Activities-354.9 M
Tax Provision218.7 M
Quarterly Earnings Growth Y O Y-0.099
Property Plant And Equipment Net2.8 B
Cash And Short Term Investments93.9 M
Cash93.9 M
Accounts Payable1.5 B
Net Debt9.1 B
50 Day M A28.6786
Total Current Liabilities4.4 B
Other Operating Expenses11.2 B
Non Current Assets Total18.7 B
Forward Price Earnings10.7411
Common Stock Total Equity2.9 B
Non Currrent Assets Other1.5 B
Stock Based Compensation79.2 M
When determining whether ConAgra Foods is a strong investment it is important to analyze ConAgra Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ConAgra Foods' future performance. For an informed investment choice regarding ConAgra Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConAgra Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.
Note that the ConAgra Foods information on this page should be used as a complementary analysis to other ConAgra Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for ConAgra Stock analysis

When running ConAgra Foods' price analysis, check to measure ConAgra Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConAgra Foods is operating at the current time. Most of ConAgra Foods' value examination focuses on studying past and present price action to predict the probability of ConAgra Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConAgra Foods' price. Additionally, you may evaluate how the addition of ConAgra Foods to your portfolios can decrease your overall portfolio volatility.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Equity Valuation
Check real value of public entities based on technical and fundamental data
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Fundamental Analysis
View fundamental data based on most recent published financial statements
Is ConAgra Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConAgra Foods. If investors know ConAgra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConAgra Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.1)
Dividend Share
1.38
Earnings Share
1.99
Revenue Per Share
25.336
Quarterly Revenue Growth
(0.02)
The market value of ConAgra Foods is measured differently than its book value, which is the value of ConAgra that is recorded on the company's balance sheet. Investors also form their own opinion of ConAgra Foods' value that differs from its market value or its book value, called intrinsic value, which is ConAgra Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConAgra Foods' market value can be influenced by many factors that don't directly affect ConAgra Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConAgra Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if ConAgra Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConAgra Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.