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CAG

Conagra BrandsNYSE:CAG Stock Report

Last Price

US$35.25

Market Cap

US$16.9b

7D

0.4%

1Y

2.5%

Updated

21 Jan, 2022

Data

Company Financials +
CAG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health1/6
Dividends4/6

CAG Stock Overview

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

Conagra Brands Competitors

Mondelez International

NasdaqGS:MDLZ

US$95.4b

Kraft Heinz

NasdaqGS:KHC

US$45.3b

General Mills

NYSE:GIS

US$41.6b

Hershey

NYSE:HSY

US$41.3b

Price History & Performance

Summary of all time highs, changes and price drops for Conagra Brands
Historical stock prices
Current Share PriceUS$35.25
52 Week HighUS$39.09
52 Week LowUS$30.44
Beta0.83
1 Month Change5.35%
3 Month Change5.73%
1 Year Change2.53%
3 Year Change67.78%
5 Year Change-9.59%
Change since IPO267.83%

Recent News & Updates

Jan 10
Is Now The Time To Look At Buying Conagra Brands, Inc. (NYSE:CAG)?

Is Now The Time To Look At Buying Conagra Brands, Inc. (NYSE:CAG)?

Today we're going to take a look at the well-established Conagra Brands, Inc. ( NYSE:CAG ). The company's stock saw a...

Dec 14

Conagra Brands: An Attractive Dividend Play

CAG has provided investors quarterly dividends going back to 1990, quite an impressive history of 32 years of dividends. Over that impressive history, the dividends have mostly been heading higher, but in 2006, they cut the dividend. That being said, the latest quarterly dividend was the highest in the company's long history.

Shareholder Returns

CAGUS FoodUS Market
7D0.4%-2.0%-6.1%
1Y2.5%12.5%4.2%

Return vs Industry: CAG underperformed the US Food industry which returned 13.1% over the past year.

Return vs Market: CAG underperformed the US Market which returned 6.6% over the past year.

Price Volatility

Is CAG's price volatile compared to industry and market?
CAG volatility
CAG Average Weekly Movement3.0%
Food Industry Average Movement5.2%
Market Average Movement6.7%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.4%

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

Volatility Over Time: CAG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
191918,600Sean Connollyhttps://www.conagrabrands.com

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

Conagra Brands Fundamentals Summary

How do Conagra Brands's earnings and revenue compare to its market cap?
CAG fundamental statistics
Market CapUS$16.91b
Earnings (TTM)US$1.10b
Revenue (TTM)US$11.22b

15.3x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CAG income statement (TTM)
RevenueUS$11.22b
Cost of RevenueUS$8.26b
Gross ProfitUS$2.96b
ExpensesUS$1.86b
EarningsUS$1.10b

Last Reported Earnings

Nov 28, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.30
Gross Margin26.39%
Net Profit Margin9.82%
Debt/Equity Ratio104.1%

How did CAG perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

51%

Payout Ratio

Does CAG pay a reliable dividends?

See CAG dividend history and benchmarks
When do you need to buy CAG by to receive an upcoming dividend?
Conagra Brands dividend dates
Ex Dividend DateJan 28 2022
Dividend Pay DateMar 02 2022
Days until Ex dividend5 days
Days until Dividend pay date38 days

Does CAG pay a reliable dividends?

See CAG dividend history and benchmarks

Valuation

Is Conagra Brands undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CAG ($35.25) is trading below our estimate of fair value ($112.02)

Significantly Below Fair Value: CAG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CAG is good value based on its PE Ratio (15.3x) compared to the US Food industry average (21.7x).

PE vs Market: CAG is good value based on its PE Ratio (15.3x) compared to the US market (16.7x).


Price to Earnings Growth Ratio

PEG Ratio: CAG is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: CAG is good value based on its PB Ratio (1.9x) compared to the US Food industry average (2.4x).


Future Growth

How is Conagra Brands forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

8.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CAG's forecast earnings growth (8.9% per year) is above the savings rate (2%).

Earnings vs Market: CAG's earnings (8.9% per year) are forecast to grow slower than the US market (13.1% per year).

High Growth Earnings: CAG's earnings are forecast to grow, but not significantly.

Revenue vs Market: CAG's revenue (1.2% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: CAG's revenue (1.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CAG's Return on Equity is forecast to be low in 3 years time (13.7%).


Past Performance

How has Conagra Brands performed over the past 5 years?

20.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CAG has high quality earnings.

Growing Profit Margin: CAG's current net profit margins (9.8%) are higher than last year (9.7%).


Past Earnings Growth Analysis

Earnings Trend: CAG's earnings have grown significantly by 20.5% per year over the past 5 years.

Accelerating Growth: CAG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CAG had negative earnings growth (-1%) over the past year, making it difficult to compare to the Food industry average (18.7%).


Return on Equity

High ROE: CAG's Return on Equity (12.6%) is considered low.


Financial Health

How is Conagra Brands's financial position?


Financial Position Analysis

Short Term Liabilities: CAG's short term assets ($3.0B) do not cover its short term liabilities ($3.3B).

Long Term Liabilities: CAG's short term assets ($3.0B) do not cover its long term liabilities ($10.6B).


Debt to Equity History and Analysis

Debt Level: CAG's net debt to equity ratio (103.3%) is considered high.

Reducing Debt: CAG's debt to equity ratio has increased from 76.1% to 104.1% over the past 5 years.

Debt Coverage: CAG's debt is not well covered by operating cash flow (13%).

Interest Coverage: CAG's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Dividend

What is Conagra Brands's current dividend yield, its reliability and sustainability?

3.55%

Current Dividend Yield


Upcoming Dividend Payment

TodayJan 22 2022Ex Dividend DateJan 28 2022Dividend Pay DateMar 02 202233 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: CAG's dividend (3.55%) is higher than the bottom 25% of dividend payers in the US market (1.36%).

High Dividend: CAG's dividend (3.55%) is low compared to the top 25% of dividend payers in the US market (3.55%).


Stability and Growth of Payments

Stable Dividend: CAG's dividend payments have been volatile in the past 10 years.

Growing Dividend: CAG's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (51.4%), CAG's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CAG's dividends in 3 years are forecast to be well covered by earnings (48.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.8yrs

Average management tenure


CEO

Sean Connolly (56 yo)

6.75yrs

Tenure

US$11,770,023

Compensation

Mr. Sean M. Connolly has been the Chief Executive Officer and President of Conagra Brands, Inc. since April 6, 2015. Mr. Connolly served as the Chief Executive Officer at The Hillshire Brands Company since...


CEO Compensation Analysis

Compensation vs Market: Sean's total compensation ($USD11.77M) is about average for companies of similar size in the US market ($USD11.42M).

Compensation vs Earnings: Sean's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CAG's management team is seasoned and experienced (5.8 years average tenure).


Board Members

Experienced Board: CAG's board of directors are considered experienced (6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Conagra Brands, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Conagra Brands, Inc.
  • Ticker: CAG
  • Exchange: NYSE
  • Founded: 1919
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: US$16.909b
  • Shares outstanding: 479.70m
  • Website: https://www.conagrabrands.com

Number of Employees


Location

  • Conagra Brands, Inc.
  • 222 West Merchandise Mart Plaza
  • Suite 1300
  • Chicago
  • Illinois
  • 60654
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 23:33
End of Day Share Price2022/01/21 00:00
Earnings2021/11/28
Annual Earnings2021/05/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.