Conagra Foods Stock Today

CAG Stock  USD 29.94  0.41  1.39%   

Performance

0 of 100

 
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Odds Of Distress

Less than 31

 
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Below Average
ConAgra Foods is trading at 29.94 as of the 26th of July 2024. This is a 1.39 percent increase since the beginning of the trading day. The stock's lowest day price was 29.44. ConAgra Foods has about a 31 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Note, on December 7, 2021, Senator Gary Peters of US Senate acquired under $15k worth of ConAgra Foods's common stock.
Business Domain
Food, Beverage & Tobacco
IPO Date
7th of September 1984
Category
Consumer Defensive
Classification
Consumer Staples
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. The company has 478.21 M outstanding shares of which 18.29 M shares are currently shorted by investors with about 3.51 days to cover. More on ConAgra Foods

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Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

ConAgra Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOSean Connolly
Thematic Ideas
(View all Themes)
Old Names[Clere AG, Clere AG]
Business ConcentrationPackaged Foods & Meats, Food, Beverage & Tobacco, Consumer Defensive, NYSE Composite, SP 500 Index, HNX MidSmall Cap, HNX, Food Products, Baby Boomer Prospects, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Debt Levels
ConAgra Foods can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ConAgra Foods' financial leverage. It provides some insight into what part of ConAgra Foods' total assets is financed by creditors.
Liquidity
ConAgra Foods has 8.65 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. Note however, debt could still be an excellent tool for ConAgra to invest in growth at high rates of return.

Change In Cash

(16.38 Million)
ConAgra Foods (CAG) is traded on New York Stock Exchange in USA. It is located in 222 West Merchandise Mart Plaza, Chicago, IL, United States, 60654 and employs 18,500 people. ConAgra Foods is listed under Packaged Foods & Meats category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 14.32 B. ConAgra Foods runs under Food Products sector within Consumer Staples industry. The entity has 478.21 M outstanding shares of which 18.29 M shares are currently shorted by investors with about 3.51 days to cover. ConAgra Foods has about 93.9 M in cash with 2.02 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14.
Check ConAgra Foods Probability Of Bankruptcy
Ownership Allocation
The majority of ConAgra Foods outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in ConAgra Foods to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in ConAgra Foods. Please pay attention to any change in the institutional holdings of ConAgra Foods as this could imply that something significant has changed or is about to change at the company. Please note that on December 7, 2021, Senator Gary Peters of US Senate acquired under $15k worth of ConAgra Foods's common stock.
Check ConAgra Ownership Details

ConAgra Stock Institutional Holders

InstituionRecorded OnShares
Lsv Asset Management2024-03-31
7.7 M
Amundi2024-03-31
M
Bank Of America Corp2024-03-31
6.2 M
Northern Trust Corp2024-03-31
5.3 M
Bank Of New York Mellon Corp2024-03-31
M
Hotchkis & Wiley Capital Management Llc2024-03-31
M
Norges Bank2023-12-31
4.9 M
Jpmorgan Chase & Co2024-03-31
4.5 M
Capital World Investors2024-03-31
4.5 M
Vanguard Group Inc2024-03-31
57 M
Blackrock Inc2024-03-31
45.8 M
View ConAgra Foods Diagnostics

ConAgra Foods Historical Income Statement

At this time, ConAgra Foods' Other Operating Expenses is most likely to decrease significantly in the upcoming years. The ConAgra Foods' current Operating Income is estimated to increase to about 1.1 B, while Interest Expense is projected to decrease to roughly 247.4 M. View More Fundamentals

ConAgra Stock Against Markets

ConAgra Foods Corporate Directors

Thomas BrownIndependent DirectorProfile
Emanuel ChiricoIndependent DirectorProfile
Joie GregorIndependent DirectorProfile
Anil AroraIndependent DirectorProfile

Additional Information and Resources on Investing in ConAgra Stock

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 closely tied 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.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Packaged Foods & Meats space 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
1.4
Earnings Share
0.72
Revenue Per Share
25.179
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.