Conagra Brands
Market Cap
US$13.3b
Last Updated
2019/10/22 23:33 UTC
Data Sources
Company Financials +
Executive Summary
Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America.
Snowflake
Fundamentals
Good value average dividend payer.
Similar Companies
Share Price & News
How has Conagra Brands's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
1.1%
CAG
-1.5%
US Food
0.07%
US Market
1 Year Return
-24.8%
CAG
-0.7%
US Food
8.9%
US Market
Return vs Industry: CAG underperformed the US Food industry which returned -0.7% over the past year.
Return vs Market: CAG underperformed the US Market which returned 8.9% over the past year.
Shareholder returns
| CAG | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | -1.5% | 0.07% |
| 30 Day | -8.2% | -4.0% | -0.3% |
| 90 Day | -4.4% | -3.3% | -1.6% |
| 1 Year | -23.0%-24.8% | 2.2%-0.7% | 11.3%8.9% |
| 3 Year | -20.7%-42.8% | -4.1%-12.6% | 46.3%36.8% |
| 5 Year | 16.2%-20.3% | 38.7%22.1% | 62.1%44.3% |
Price Volatility Vs. Market
How volatile is Conagra Brands's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
These 4 Measures Indicate That Conagra Brands (NYSE:CAG) Is Using Debt Extensively1 week ago | Simply Wall St
Are Investors Undervaluing Conagra Brands, Inc. (NYSE:CAG) By 44%?3 weeks ago | Simply Wall St
Why I Like Conagra Brands, Inc. (NYSE:CAG)Valuation
Is Conagra Brands undervalued compared to its fair value and its price relative to the market?
47.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CAG ($27.37) is trading below our estimate of fair value ($52.31)
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 (18.9x) compared to the Food industry average (25.1x).
PE vs Market: CAG is poor value based on its PE Ratio (18.9x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: CAG is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: CAG is good value based on its PB Ratio (1.8x) compared to the US Food industry average (2.1x).
Next Steps
Future Growth
How is Conagra Brands forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
15.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CAG's forecast earnings growth (15.4% per year) is above the savings rate (2.7%).
Earnings vs Market: CAG's earnings (15.4% per year) are forecast to grow faster than the US market (14.5% per year).
High Growth Earnings: CAG's earnings are forecast to grow, but not significantly.
Revenue vs Market: CAG's revenue (0.7% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: CAG's revenue (0.7% 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 (15.1%).
Next Steps
Past Performance
How has Conagra Brands performed over the past 5 years?
24.1%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: CAG's earnings have grown significantly by 24.1% 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 (-17.5%) over the past year, making it difficult to compare to the Food industry average (-24%).
Return on Equity
High ROE: CAG's Return on Equity (9%) is considered low.
Return on Assets
ROA vs Industry: CAG's Return on Assets is below or equal to the Food industry average last year.
Return on Capital Employed
ROCE Improving: CAG's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Conagra Brands's financial position?
Financial Position Analysis
Short Term Liabilities: CAG's short term assets ($2.7B) exceeds its short term liabilities ($2.4B)
Long Term Liabilities: CAG's short term assets (2.7B) do not cover its long term liabilities (12.4B)
Debt to Equity History and Analysis
Debt Level: CAG's debt to equity ratio (137.9%) is considered high
Reducing Debt: CAG's debt to equity ratio has reduced from 147% to 137.9% over the past 5 years.
Debt Coverage: CAG's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: CAG's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
Inventory Level: CAG has a low level of unsold assets or inventory.
Debt Coverage by Assets: CAG's debt is not covered by short term assets (assets are 0.3x debt).
Next Steps
Dividend
What is Conagra Brands's current dividend yield, its reliability and sustainability?
3.11%
Current Dividend Yield
Upcoming Dividend Payment
Purchase Conagra Brands before the 'Buy Limit' to receive their next dividend payment.
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: CAG's dividend (3.11%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: CAG's dividend (3.11%) is low compared to the top 25% of dividend payers in the US market (3.68%).
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 (58.8%), 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 (35.8% payout ratio).
Next Steps
Management
What is the CEO of Conagra Brands's salary, the management and board of directors tenure and is there insider trading?
3.5yrs
Average management tenure
CEO
Sean Connolly (54yo)
4.5yrs
Tenure
US$14,392,748
Compensation
Mr. Sean M. Connolly has been the Chief Executive Officer and President of Conagra Brands, Inc. since April 6, 2015. Mr. Connolly served as the Chief Executive Officer at Hillshire Brands Company since Jun ...
CEO Compensation Analysis
Compensation vs. Market: Sean's total compensation ($USD14.39M) is about average for companies of similar size in the US market ($USD11.18M).
Compensation vs Earnings: Sean's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Management Age and Tenure
3.5yrs
Average Tenure
54yo
Average Age
Experienced Management: CAG's management team is considered experienced (3.5 years average tenure).
Board Age and Tenure
5.3yrs
Average Tenure
66yo
Average Age
Experienced Board: CAG's board of directors are considered experienced (5.3 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 25,000 |
| Max Price | US$26.73 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,600 |
| Max Price | US$30.06 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 10,000 |
| Max Price | US$29.99 |
Ownership Breakdown
Management Team
Stephen Tibey (70yo)
Senior Vice President of Supply Chain Management
- Tenure: 0yrs
Dave Marberger (54yo)
Executive VP & CFO
- Tenure: 3.2yrs
- Compensation: US$3.63m
Colleen Batcheler (45yo)
Executive VP
- Tenure: 11.7yrs
- Compensation: US$3.37m
Jon Harris (51yo)
Chief Communications Officer & Senior VP
- Tenure: 4.2yrs
Sean Connolly (54yo)
President
- Tenure: 4.5yrs
- Compensation: US$14.39m
Darren Serrao (52yo)
Co-COO & Executive VP
- Tenure: 1yrs
- Compensation: US$2.96m
Tom McGough (54yo)
Co-COO & Executive VP
- Tenure: 1yrs
- Compensation: US$3.64m
Mindy Simon
Chief Information Officer
- Tenure: 2.3yrs
Charisse Brock (57yo)
Executive VP & Chief Human Resources Officer
- Tenure: 3.9yrs
Brian Kearney
Head of Investor Relations
- Tenure: 0yrs
Board Members
Rick Lenny (67yo)
Non-Executive Chairman
- Tenure: 1.4yrs
- Compensation: US$437.55k
Craig Omtvedt (70yo)
Independent Director
- Tenure: 2.9yrs
- Compensation: US$262.40k
Anil Arora (58yo)
Independent Director
- Tenure: 1.3yrs
- Compensation: US$210.69k
Stephen Butler (71yo)
Independent Director
- Tenure: 16.4yrs
- Compensation: US$285.40k
Tony Brown (63yo)
Independent Director
- Tenure: 6yrs
- Compensation: US$260.90k
Joie Gregor (69yo)
Independent Director
- Tenure: 10.7yrs
- Compensation: US$280.90k
Melissa Lora (56yo)
Independent Director
- Tenure: 0.8yrs
- Compensation: US$100.08k
Rajive Johri (69yo)
Independent Director
- Tenure: 10.8yrs
- Compensation: US$263.90k
Ruth Marshall (65yo)
Independent Director
- Tenure: 12.4yrs
- Compensation: US$286.90k
Sean Connolly (54yo)
President
- Tenure: 4.5yrs
- Compensation: US$14.39m
Company Information
Conagra Brands, Inc.'s company bio, 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
- Market Cap: US$13.320b
- Shares outstanding: 486.65m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CAG | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1969 |
| CAO | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1969 |
| 0I2P | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1969 |
Biography
Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Pinn ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/22 23:33 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/08/25 |
| Annual Earnings | 2019/05/26 |
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.