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Conagra Brands NYSE:CAG Stock Report

Last Price

US$27.11

Market Cap

US$12.9b

7D

-3.9%

1Y

-5.4%

Updated

22 Dec, 2024

Data

Company Financials +

Conagra Brands, Inc.

NYSE:CAG Stock Report

Market Cap: US$12.9b

CAG Stock Overview

Operates as a consumer packaged goods food company primarily in the United States. More details

CAG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends4/6

Rewards

Trading at 65.2% below our estimate of its fair value

Earnings are forecast to grow 17.09% per year

Risk Analysis

Dividend of 5.16% is not well covered by earnings

Has a high level of debt

Large one-off items impacting financial results

Profit margins (4.1%) are lower than last year (8.1%)


My Notes

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Community Narratives

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Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 18 Analysts

Expanding In Permissible Snacking And Frozen Foods Will Engage Consumers

Key Takeaways Expanding in the permissible snacking and frozen food markets could drive revenue growth by aligning with consumer trends. Divesting slower-growth assets and focusing on product innovation may improve long-term margins and brand strength.
View narrative
US$30.67
FV
11.6% undervalued intrinsic discount
0.62%
Revenue growth p.a.
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3 days ago author updated this narrative

Conagra Brands, Inc. Competitors

J. M. Smucker

NYSE:SJM

US$11.7b

Campbell's

NasdaqGS:CPB

US$12.4b

Pilgrim's Pride

NasdaqGS:PPC

US$10.9b

Hormel Foods

NYSE:HRL

US$17.4b

Price History & Performance

Summary of share price highs, lows and changes for Conagra Brands
Historical stock prices
Current Share PriceUS$27.11
52 Week HighUS$33.24
52 Week LowUS$26.21
Beta0.29
1 Month Change-1.13%
3 Month Change-16.09%
1 Year Change-5.41%
3 Year Change-18.66%
5 Year Change-20.68%
Change since IPO8,978.73%

Recent News & Updates

Conagra Brands: Still A Buy For Income

Dec 20

Conagra Brands (NYSE:CAG) Will Pay A Dividend Of $0.35

Dec 15
Conagra Brands (NYSE:CAG) Will Pay A Dividend Of $0.35

Recent updates

Conagra Brands: Still A Buy For Income

Dec 20

Conagra Brands (NYSE:CAG) Will Pay A Dividend Of $0.35

Dec 15
Conagra Brands (NYSE:CAG) Will Pay A Dividend Of $0.35

Conagra Brands: 11% FCF Yield, Attractive At A 10-11x P/E Heading Into Earnings

Dec 11

What You Can Learn From Conagra Brands, Inc.'s (NYSE:CAG) P/E

Nov 17
What You Can Learn From Conagra Brands, Inc.'s (NYSE:CAG) P/E

Conagra Brands (NYSE:CAG) Is Experiencing Growth In Returns On Capital

Oct 16
Conagra Brands (NYSE:CAG) Is Experiencing Growth In Returns On Capital

Is Conagra Brands, Inc. (NYSE:CAG) Trading At A 49% Discount?

Oct 03
Is Conagra Brands, Inc. (NYSE:CAG) Trading At A 49% Discount?

Conagra: Keeping My Expectations Low Ahead Of Earnings

Sep 30

Conagra Brands (NYSE:CAG) Takes On Some Risk With Its Use Of Debt

Sep 18
Conagra Brands (NYSE:CAG) Takes On Some Risk With Its Use Of Debt

Conagra Brands: Positive Valuation But With Some Risks

Aug 30

The Price Is Right For Conagra Brands, Inc. (NYSE:CAG)

Aug 06
The Price Is Right For Conagra Brands, Inc. (NYSE:CAG)

Conagra Brands: Still Looks Like An Attractive Value Play

Aug 01

Conagra Brands (NYSE:CAG) Will Pay A Dividend Of $0.35

Jul 15
Conagra Brands (NYSE:CAG) Will Pay A Dividend Of $0.35

We Like These Underlying Return On Capital Trends At Conagra Brands (NYSE:CAG)

Jul 11
We Like These Underlying Return On Capital Trends At Conagra Brands (NYSE:CAG)

Conagra: The Company's Upside Remains Elevated Going Into Q4

Jul 09

Conagra Brands, Inc. (NYSE:CAG) Shares Could Be 22% Below Their Intrinsic Value Estimate

Jun 26
Conagra Brands, Inc. (NYSE:CAG) Shares Could Be 22% Below Their Intrinsic Value Estimate

Here's Why Conagra Brands (NYSE:CAG) Has A Meaningful Debt Burden

Jun 11
Here's Why Conagra Brands (NYSE:CAG) Has A Meaningful Debt Burden

Conagra Brands: Improving Outlook And Discounted Valuation

Jun 03

Conagra Brands: Offering A Secure And Growing Dividend

Apr 24

Conagra: Not Too Old To Make My Dividend Stock List, Buy Rating

Apr 12

Conagra Brands' (NYSE:CAG) Earnings Offer More Than Meets The Eye

Apr 11
Conagra Brands' (NYSE:CAG) Earnings Offer More Than Meets The Eye

Earnings Tell The Story For Conagra Brands, Inc. (NYSE:CAG)

Apr 05
Earnings Tell The Story For Conagra Brands, Inc. (NYSE:CAG)

Conagra Q3 Earnings Preview: A Focus On Frozen Foods And Volume Improvement

Apr 01

Returns At Conagra Brands (NYSE:CAG) Are On The Way Up

Mar 18
Returns At Conagra Brands (NYSE:CAG) Are On The Way Up

Conagra Brands: A Strong Dividend Performer Poised For Growth

Mar 10

Conagra Brands (NYSE:CAG) Takes On Some Risk With Its Use Of Debt

Feb 11
Conagra Brands (NYSE:CAG) Takes On Some Risk With Its Use Of Debt

Conagra Brands: Value-Priced Dividend Play

Jan 23

Conagra Brands Q2 Earnings: Positive Volume Trends Despite Top Line Pressure

Jan 04

Conagra: Frozen In Value Range

Dec 23

Why Conagra Is A Top-Tier Value Play For 2024 And Beyond

Nov 20

Conagra: Buy Alert For Dividend, Defensive And Value Investors

Oct 23

Conagra's Selloff Opened Up A Good Buying Opportunity

Oct 16

Conagra Brands: If Only Cheap Were Enough Of A Reason

Sep 25

Conagra Brands: The Parts Are Worth More Than The Whole

Sep 14

Conagra: Growing Dividends And Market Share

Aug 17

Conagra: Attractive Valuation For This Dividend Grower

Jul 27

Conagra: Cautiously Reconsider This Stock (Rating Upgrade)

Jul 09

Conagra: Our Investment Thesis Became Less Bullish, Rating Downgrade

Jun 23

Shareholder Returns

CAGUS FoodUS Market
7D-3.9%-4.5%-2.4%
1Y-5.4%-5.2%23.3%

Return vs Industry: CAG matched the US Food industry which returned -5.2% over the past year.

Return vs Market: CAG underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is CAG's price volatile compared to industry and market?
CAG volatility
CAG Average Weekly Movement3.3%
Food Industry Average Movement5.0%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: CAG has not had significant price volatility in the past 3 months compared to the US market.

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

About the Company

FoundedEmployeesCEOWebsite
191918,500Sean Connollywww.conagrabrands.com

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

Conagra Brands, Inc. Fundamentals Summary

How do Conagra Brands's earnings and revenue compare to its market cap?
CAG fundamental statistics
Market capUS$12.94b
Earnings (TTM)US$492.60m
Revenue (TTM)US$11.93b

26.3x

P/E Ratio

1.1x

P/S Ratio

Is CAG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CAG income statement (TTM)
RevenueUS$11.93b
Cost of RevenueUS$8.65b
Gross ProfitUS$3.28b
Other ExpensesUS$2.78b
EarningsUS$492.60m

Last Reported Earnings

Nov 24, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.03
Gross Margin27.47%
Net Profit Margin4.13%
Debt/Equity Ratio96.2%

How did CAG perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

136%

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 27 2025
Dividend Pay DateFeb 27 2025
Days until Ex dividend36 days
Days until Dividend pay date67 days

Does CAG pay a reliable dividends?

See CAG dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:08
End of Day Share Price 2024/12/20 00:00
Earnings2024/11/24
Annual Earnings2024/05/26

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Conagra Brands, Inc. is covered by 34 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Andrew LazarBarclays
Donald McLeeBerenberg