ConAgra Story

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CAG -- USA Stock  

Fiscal Quarter End: 31st of August 2020  

Macroaxis News
By Vlad Skutelnik
This firm current daily volatility is 1.79 percent, with a beta of -0.06 and alpha of 0.36 over DOW. We estimate ConAgra Brands as currently fairly valued. The real value is approaching 33.79 per share. ConAgra Brands appears to be very steady, given 1 month investment horizon. ConAgra Brands secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had 0.12% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for ConAgra Brands, which you can use to evaluate future volatility of the firm. Please makes use of ConAgra Brands downside deviation of 1.6, risk adjusted performance of 0.3984, and mean deviation of 1.47 to double-check if our risk estimates are consistent with your expectations.
Will ConAgra Brands debt increase in July 2020?

The company has 10.75 B in debt with debt to equity (D/E) ratio of 139.7, demonstrating that ConAgra Brands may be unable to create cash to meet all of its financial commitments. ConAgra Brands has 10.75 B in debt with debt to equity (D/E) ratio of 139.7, demonstrating that the organization may be unable to create cash to meet all of its financial commitments. The entity has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Now, let's check ConAgra Brands Total Asset. Based on latest financial disclosure ConAgra Brands has Total Asset of 13.39 B. This is 45.76% lower than that of the Consumer Defensive sector, and 96.58% higher than that of Packaged Foods industry, The Total Asset for all stocks is 54.56% higher than the firm.
ConAgra Brands financial leverage ratio helps in determining the effect of debt on the overall profitability of the company. It measures the total debt position of ConAgra Brands, including all of ConAgra Brands's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of ConAgra Brands assets, the company is considered highly leveraged. Understanding the composition and structure of overall ConAgra Brands debt and outstanding corporate bonds gives a good idea as to how risky the capital structure of a business and if it is worth investing in it. Please read more on our technical analysis page.
 2010 2014 2019 2020 (projected)
Receivables1.39 B831.7 M972.9 M1.04 B
Inventories2.29 B1.57 B2.2 B2.16 B

Understending ConAgra Total Liabilities

ConAgra Brands liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. ConAgra Brands has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on ConAgra Brands balance sheet include debt obligations and money owed to different ConAgra Brands vendors, workers, and loan providers. Below is the chart of ConAgra short long-term liabilities accounts currently reported on its balance sheet.

And What about dividends?

A dividend is the distribution of a portion of ConAgra Brands earnings, decided and managed by the ConAgra Brands's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. ConAgra Brands dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. ConAgra one year expected dividend income is about $0.57 per share.
The current year Dividends per Basic Common Share is expected to grow to 1.05, whereas Payment of Dividends and Other Cash Distributions is expected to decline to (458.8 M).
Last ReportedProjected for 2020
Payment of Dividends and Other Cash Distributions-425.2 M-458.8 M
Dividend Yield 0.026  0.0256 
Dividends per Basic Common Share 1.00  1.05 
Investing in dividend-paying stocks, such as ConAgra Brands is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in ConAgra Brands must own a stock before its ex-dividend date to receive its next dividend. This type of analysis is very useful when you want to generate a past dividend schedule and payout information for ConAgra Brands. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.
View Dividends

How important is ConAgra Brands's Liquidity

ConAgra Brands financial leverage refers to using borrowed capital as a funding source to finance ConAgra Brands ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. ConAgra Brands financial leverage is typically calculated by taking the company's all of the interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. The map below shows the current breakdown between ConAgra Brands's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
Analysis Consensus

What were ConAgra Brands filing with SEC?

The SEC filings are financial statements or other formal documents of ConAgra Brands that are reguilarelly submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make SEC filings and fintech professionals rely on these filings for information about companies they are evaluating for investment purposes. Please note, most SEC filings are available online through the SEC's EDGAR database. The table below show the latest SEC filings by ConAgra Brands:
SEC Filings
Please note, although all public domestic companies are required to submit their filings via EDGAR, not all public companies are available through our service. Also, keep in mind that the actual annual reports to ConAgra shareholders may or may not be submitted as SEC does not always require it.

What is driving ConAgra Brands Investor Appetite?

The firm has a beta of -0.0573. Let's try to break down what ConAgra's beta means in this case. As returns on the market increase, ConAgra Brands returns are expected to increase less than the market. However, during the bear market, the loss on holding ConAgra Brands will be expected to be smaller as well. The beta indicator helps investors understand whether ConAgra Brands moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if ConAgra deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. ConAgra Brands reported last year revenue of 10.53 B. Total Income to common stockholders was 802.8 M with profit before taxes, overhead, and interest of 2.72 B. ConAgra Brands Net Income Per Employee is decreasing over the last 4 years. Also, ConAgra Brands Earnings Before Interest Taxes and Depreciation Amortization USD is decreasing over the last 4 years. The ongoing value of ConAgra Brands Earnings Before Interest Taxes and Depreciation Amortization USD is 821,138,947.

Overlap Analysis of ConAgra Brands suggests possible reversal in July

As of the 30th of June, ConAgra Brands shows the risk adjusted performance of 0.3984, mean deviation of 1.47, and downside deviation of 1.6. ConAgra Brands 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 and collect data for nineteen technical drivers for ConAgra Brands, which can be compared to its rivals. Please confirm ConAgra Brands maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if ConAgra Brands is priced correctly, providing market reflects its regular price of 33.7 per share. Given that ConAgra Brands has jensen alpha of 0.3619, we suggest you to validate ConAgra Brands's prevailing market performance to make sure the company can sustain itself at a future point.

Our Take On ConAgra Brands Investment

While many of the other players under packaged foods industry are still a little expensive, even after the recent corrections, ConAgra Brands may offer a potential longer-term growth to investors. To summarize, as of 30th of June 2020, our research shows that ConAgra Brands is very steady investment opportunity with below average probability of distress in the next two years. From a slightly different view, the entity crrently appears to be fairly valued. Our concluding 30 days recommendation on the firm is Cautious Hold. With somewhat neutral outlook on your 30 days horizon, it may be better to hold off any trading activity and neither lock in new shares of ConAgra or quit your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to ConAgra Brands.

About Contributor

Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management. View Profile
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