Conagra Foods Stock Today

CAG Stock  USD 28.30  0.02  0.07%   

Performance

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Odds Of Distress

Less than 33

 
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ConAgra Foods is trading at 28.30 as of the 26th of February 2024. This is a 0.07% increase since the beginning of the trading day. The stock's lowest day price was 28.07. ConAgra Foods has about a 33 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for ConAgra Foods are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of January 2024 and ending today, the 26th of February 2024. Click here to learn more.
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 M outstanding shares of which 9.64 M shares are currently shorted by investors with about 1.57 days to cover. More on ConAgra Foods

Moving against ConAgra Stock

  0.61BOF BranchOut Food CommonPairCorr

ConAgra Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ConAgra Foods' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ConAgra Foods or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, ConAgra Foods' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ConAgra Foods' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOSean Connolly
Thematic Ideas
(View all Themes)
SEC FilingsConAgra Foods Security & Exchange Commission EDGAR Reports
Old Names[Clere AG, Clere AG]
Business ConcentrationPackaged Foods & Meats, Food, Beverage & Tobacco, Consumer Defensive, NYSE Composite, SP 500 Index, HNX, HNX MidSmall Cap, Food Products, Baby Boomer Prospects, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Analysts covering ConAgra Foods report their recommendations after researching ConAgra Foods' financial statements, talking to executives and customers, or listening in on ConAgra Foods' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering ConAgra Foods. The ConAgra consensus assessment is calculated by taking the average forecast from all of the analysts covering ConAgra Foods.
Financial Strength
Based on the key indicators related to ConAgra Foods' liquidity, profitability, solvency, and operating efficiency, ConAgra Foods is not in a good financial situation at this time. It has a very high probability of going through financial hardship in March. Financial strength of ConAgra Foods is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Shares Diluted444.8 M488.6 M
Significantly Down
Slightly volatile
Weighted Shares515.8 M487.1 M
Notably Up
Slightly volatile
Return on Assets0.03780.038
Slightly Down
Slightly volatile
Net Cash Flow from Operations1.5 B1.8 B
Significantly Down
Pretty Stable
Current Liabilities3.4 B3.3 B
Sufficiently Up
Slightly volatile
Total Liabilities14.6 B14.4 B
Fairly Up
Pretty Stable
Gross Margin0.30.278
Significantly Up
Slightly volatile
Total Debt9.7 B9.7 B
Slightly Down
Pretty Stable
Asset Turnover0.510.495
Fairly Up
Slightly volatile
Current Assets2.8 B2.9 B
Fairly Down
Slightly volatile
Total Assets22.4 B22.3 B
Slightly Up
Slightly volatile
ConAgra Foods' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ConAgra Foods' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
ConAgra Foods' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of ConAgra Foods' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to 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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on ConAgra Foods' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how ConAgra Foods deploys its capital and how much of that capital is borrowed.
Liquidity
ConAgra Foods cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Operating Cash Flow

1.52 Billion
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 18,600 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 13.53 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 Foods runs under Food Products sector within Consumer Staples industry. The entity has 478 M outstanding shares of which 9.64 M shares are currently shorted by investors with about 1.57 days to cover. ConAgra Foods has about 93.9 M in cash with 995.4 M 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
ConAgra Foods holds a total of four hundred seventy-eight million four thousand nine hundred ninety-two outstanding shares. 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 about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check ConAgra Ownership Details

ConAgra Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of ConAgra Foods jumping above the current price in 90 days from now is about 69.66%. The ConAgra Foods probability density function shows the probability of ConAgra Foods stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon ConAgra Foods has a beta of 0.6184 suggesting as returns on the market go up, ConAgra Foods average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ConAgra Foods will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. ConAgra Foods is significantly underperforming NYSE Composite.
  Odds Below 28.3HorizonTargetOdds Above 28.3
29.94%90 days
 28.30 
69.66%
Based on a normal probability distribution, the odds of ConAgra Foods to move above the current price in 90 days from now is about 69.66 (This ConAgra Foods probability density function shows the probability of ConAgra Stock to fall within a particular range of prices over 90 days) .

ConAgra Stock Institutional Holders

Institutional Holdings refers to the ownership stake in ConAgra Foods that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ConAgra Foods' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ConAgra Foods' value.
InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2023-09-30
M
Northern Trust Corp2023-09-30
M
Bank Of America Corp2023-09-30
5.3 M
Amundi2023-09-30
5.2 M
Norges Bank2023-12-31
4.9 M
Capital World Investors2023-09-30
4.5 M
Bank Of New York Mellon Corp2023-09-30
4.1 M
Canada Pension Plan Investment Board2023-09-30
3.8 M
Barclays Plc2023-09-30
3.7 M
Vanguard Group Inc2023-09-30
57.6 M
Blackrock Inc2023-09-30
42.4 M
View ConAgra Foods Diagnostics

ConAgra Foods Historical Income Statement

ConAgra Foods Income Statement is one of the three primary financial statements used for reporting ConAgra's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ConAgra Foods revenue and expense. ConAgra Foods Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ConAgra Foods' Gross Profit is most likely to increase significantly in the upcoming years. The ConAgra Foods' current Net Loss Income from Discontinued Operations is estimated to increase to about 672.1 M, while Earning Before Interest and Taxes EBIT is projected to decrease to roughly 1.4 B. View More Fundamentals

ConAgra Stock Against Markets

Picking the right benchmark for ConAgra Foods stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ConAgra Foods stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ConAgra Foods is critical whether you are bullish or bearish towards ConAgra Foods at a given time. Please also check how ConAgra Foods' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ConAgra Foods without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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ConAgra Foods Corporate Directors

ConAgra Foods corporate directors refer to members of a ConAgra Foods board of directors. The board of directors generally takes responsibility for the ConAgra Foods' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ConAgra Foods' board members must vote for the resolution. The ConAgra Foods board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Thomas BrownIndependent DirectorProfile
Timothy McLevishIndependent DirectorProfile
Emanuel ChiricoIndependent DirectorProfile
Joie GregorIndependent DirectorProfile

How to buy ConAgra Stock?

Before investing in ConAgra Foods, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ConAgra Foods. To buy ConAgra Foods stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ConAgra Foods. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase ConAgra Foods stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ConAgra Foods stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased ConAgra Foods stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ConAgra Foods, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ConAgra Stock please use our How to Invest in ConAgra Foods guide.

Already Invested in ConAgra Foods?

The danger of trading ConAgra Foods is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ConAgra Foods is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ConAgra Foods. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ConAgra Foods is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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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.
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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
(0.24)
Dividend Share
1.36
Earnings Share
2.05
Revenue Per Share
25.459
Quarterly Revenue Growth
(0.03)
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.