| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
CAG Stock Overview
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America.
Conagra Brands Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$35.25 |
| 52 Week High | US$39.09 |
| 52 Week Low | US$30.44 |
| Beta | 0.83 |
| 1 Month Change | 5.35% |
| 3 Month Change | 5.73% |
| 1 Year Change | 2.53% |
| 3 Year Change | 67.78% |
| 5 Year Change | -9.59% |
| Change since IPO | 267.83% |
Recent News & Updates
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...
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
| CAG | US Food | US Market | |
|---|---|---|---|
| 7D | 0.4% | -2.0% | -6.1% |
| 1Y | 2.5% | 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
| CAG volatility | |
|---|---|
| CAG Average Weekly Movement | 3.0% |
| Food Industry Average Movement | 5.2% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.6% |
| 10% least volatile stocks in US Market | 2.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1919 | 18,600 | 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 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
| CAG fundamental statistics | |
|---|---|
| Market Cap | US$16.91b |
| Earnings (TTM) | US$1.10b |
| Revenue (TTM) | US$11.22b |
15.3x
P/E Ratio1.5x
P/S RatioIs CAG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CAG income statement (TTM) | |
|---|---|
| Revenue | US$11.22b |
| Cost of Revenue | US$8.26b |
| Gross Profit | US$2.96b |
| Expenses | US$1.86b |
| Earnings | US$1.10b |
Last Reported Earnings
Nov 28, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.30 |
| Gross Margin | 26.39% |
| Net Profit Margin | 9.82% |
| Debt/Equity Ratio | 104.1% |
How did CAG perform over the long term?
See historical performance and comparisonDividends
3.5%
Current Dividend Yield51%
Payout RatioDoes CAG pay a reliable dividends?
See CAG dividend history and benchmarks| Conagra Brands dividend dates | |
|---|---|
| Ex Dividend Date | Jan 28 2022 |
| Dividend Pay Date | Mar 02 2022 |
| Days until Ex dividend | 5 days |
| Days until Dividend pay date | 38 days |
Does CAG pay a reliable dividends?
See CAG dividend history and benchmarksValuation
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
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 23:33 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/11/28 |
| Annual Earnings | 2021/05/30 |
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.