Conagra Brands (DB:CAO) - Stock Price, News & Analysis

CAO Stock Overview

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America.

CAO fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	2/6
Past Performance	1/6
Financial Health	1/6
Dividends	4/6

Rewards

Trading at 42.4% below our estimate of its fair value

Earnings are forecast to grow 15% per year

Risk Analysis

Debt is not well covered by operating cash flow

Unstable dividend track record

Large one-off items impacting financial results

My Notes

Capture your thoughts, links and company narrative

Conagra Brands, Inc. Competitors

Südzucker

XTRA:SZU

€3.7b

Südwestdeutsche Salzwerke

DB:SSH

€977.2m

FRoSTA

DB:NLM

€426.5m

Schwälbchen Molkerei Jakob Berz

DB:SMB

€52.0m

Price History & Performance

Summary of all time highs, changes and price drops for Conagra Brands
Historical stock prices
Current Share Price	US$32.65
52 Week High	US$38.34
52 Week Low	US$29.85
Beta	0.55
1 Month Change	-3.83%
3 Month Change	-4.35%
1 Year Change	5.97%
3 Year Change	9.91%
5 Year Change	2.13%
Change since IPO	101.79%

Recent updates

Shareholder Returns

	CAO	DE Food	DE Market
7D	-3.0%	-2.2%	1.2%
1Y	6.0%	8.2%	-5.2%

Return vs Industry: CAO underperformed the German Food industry which returned 8.2% over the past year.

Return vs Market: CAO exceeded the German Market which returned -5.2% over the past year.

Price Volatility

Is CAO's price volatile compared to industry and market?
CAO volatility
CAO Average Weekly Movement	2.5%
Food Industry Average Movement	4.8%
Market Average Movement	5.0%
10% most volatile stocks in DE Market	9.7%
10% least volatile stocks in DE Market	2.7%

Stable Share Price: CAO is less volatile than 75% of German stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: CAO's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1919	18,000	Sean Connolly	https://www.conagrabrands.com

Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels in the United States.

Conagra Brands, Inc. Fundamentals Summary

How do Conagra Brands's earnings and revenue compare to its market cap?
CAO fundamental statistics
Market Cap	€15.60b
Earnings (TTM)	€747.52m
Revenue (TTM)	€11.34b

20.9x

P/E Ratio

1.4x

P/S Ratio

Is CAO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
CAO income statement (TTM)
Revenue	US$12.21b
Cost of Revenue	US$9.00b
Gross Profit	US$3.22b
Other Expenses	US$2.41b
Earnings	US$805.00m

Last Reported Earnings

Feb 26, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	1.69
Gross Margin	26.34%
Net Profit Margin	6.59%
Debt/Equity Ratio	96.5%

How did CAO perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

78%

Payout Ratio

CAO Stock Overview

Rewards

Risk Analysis

Conagra Brands, Inc. Competitors

XTRA:SZU

€3.7b

DB:SSH

€977.2m

DB:NLM

€426.5m

DB:SMB

€52.0m

Price History & Performance

Recent News & Updates

Upcoming dividend of US$0.33 per share at 3.5% yield

Third quarter 2023 earnings released: EPS: US$0.72 (vs US$0.46 in 3Q 2022)

Conagra Brands, Inc. Debuts Delicious Collection of New Products

Upcoming dividend of US$0.33 per share

Insider recently sold €1.9m worth of stock

Conagra Brands, Inc. Provides Earnings Guidance for the Fiscal Year 2023

Recent updates

Upcoming dividend of US$0.33 per share at 3.5% yield

Third quarter 2023 earnings released: EPS: US$0.72 (vs US$0.46 in 3Q 2022)

Conagra Brands, Inc. Debuts Delicious Collection of New Products

Upcoming dividend of US$0.33 per share

Insider recently sold €1.9m worth of stock

Conagra Brands, Inc. Provides Earnings Guidance for the Fiscal Year 2023

Second quarter 2023 earnings released: EPS: US$0.80 (vs US$0.57 in 2Q 2022)

Conagra Brands Announces Quarterly Dividend, Payable on March 2, 2023

Conagra Brands, Inc. to Report Q2, 2023 Results on Jan 05, 2023

Healthy Choice Launches Its First Frozen Meal with No Added Sugar

Upcoming dividend of US$0.33 per share

Executive VP recently sold €225k worth of stock

First quarter 2023 earnings released: US$0.16 loss per share (vs US$0.49 profit in 1Q 2022)

Conagra Brands, Inc. Provides Sales Guidance for the Full Year of 2023

Conagra Brands Announces Quarterly Dividend, Payable on December 1, 2022

Conagra Brands, Inc. Appoints Tracy Schaefer to Senior Vice President and Chief Information Officer

Conagra Brands, Inc., Annual General Meeting, Sep 21, 2022

Conagra Brands, Inc., Recalls Frozen Beef Products Due to Misbranding and Undeclared Allergens

Independent Director recently bought €1.0m worth of stock

Upcoming dividend of US$0.33 per share

Conagra Brands, Inc. Announces Appointment of Denise Paulonis to Its Board of Directors

Conagra Brands, Inc. Approves Quarterly Dividend Payment, Payable on September 1, 2022 T

Full year 2022 earnings released: EPS: US$1.85 (vs US$2.67 in FY 2021)

Conagra Brands, Inc. Provides Sales Guidance for the Year 2023

Conagra Brands Launches Extensive Summer Line-Up of New Product Innovation

Gardein® Launches New Pea & Wheat Plant-Based Chick’N

Conagra Brands, Inc. to Report Q4, 2022 Results on Jul 14, 2022

Conagra Brands, Inc. Appoints Carey Bartell as Executive Vice President, Effective June 6, 2022

Swiss Miss, Cinnamon Toast Crunch Debut New Cinnamilk Hot Drink Mix

Conagra Brands, Inc. Appoints Lucy Brady as President of Grocery & Snacks, Effective June 15, 2022

Upcoming dividend of US$0.31 per share

Conagra Brands, Inc. Announces Quarterly Dividend Payment, Payable on June 1, 2022

Conagra Brands, Inc. Announces the Resignation of Colleen Batcheler as Executive Vice President, General Counsel and Corporate Secretary, Effective April 30, 2022

Conagra Brands, Inc. Announces Departure of Scott Ostfeld as Board of Director

Co-COO & Executive VP recently sold €371k worth of stock

Third quarter 2022 earnings released: EPS: US$0.46 (vs US$0.58 in 3Q 2021)

Conagra Brands, Inc. Updates Earnings Guidance for the Fiscal Year 2022

Conagra Brands, Inc. Appoints George Dowdie as a Director, Member of the Audit and Finance Committee of the Board

Conagra Brands, Inc. Voluntarily Recalling A Limited Amount of Wish-Bone Thousand Island and Chunky Blue Cheese Dressings Due to Egg in the Product

Upcoming dividend of US$0.31 per share

Conagra Brands, Inc. Reaffirms Earnings Guidance for the Fiscal Year 2022

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Monogram Food Solutions LLC acquired Former Odom's Tennessee Pride facility in Dickson from Conagra Brands, Inc. (NYSE:CAG).

Upcoming dividend of US$0.31 per share

First quarter 2022 earnings released: EPS US$0.49 (vs US$0.67 in 1Q 2021)

Upcoming dividend of US$0.31 per share

Independent Non-Executive Chairman recently bought €289k worth of stock

Full year 2021 earnings released: EPS US$2.67 (vs US$1.72 in FY 2020)

An unknown buyer acquired Egg Beaters Liquid Egg Business of Conagra Brands, Inc. (NYSE:CAG).

Gardein, A Brand of Conagra Brands, Inc. Launches Suprême™ Plant-Based Burger

Independent Director recently sold €342k worth of stock

Third quarter 2021 earnings released: EPS US$0.58 (vs US$0.42 in 3Q 2020)

Conagra Brands, Inc. Provides Earnings Guidance for the Fourth Quarter of 2021 and Reaffirms Fiscal 2022 Guidance

Conagra Brands, Inc. to Report Q3, 2021 Results on Apr 08, 2021

Conagra Reportedly in Talks to Sell Hot Dog Brand Hebrew National to JBS

Conagra Brands, Inc.(NYSE:CAG) dropped from Russell 1000 Value-Defensive Index

Upcoming Dividend of US$0.28 Per Share

Revenue beats expectations

SONIC Teams Up with Slim Jim to Create New Chili Cheese Coney Flavored Snack