Related posts
TSX flat, Wall Street rises to end upbeat weekThis summary was created by AI, based on 1 opinions in the last 12 months.
ConAgra Foods, with the symbol CAG-N, reported a weak quarter with both top and bottom line misses. Sales only grew by 4%, which led to an 8% drop in shares. However, the company had previously warned of a weak quarter, and reaffirmed their full-year forecast. The market reacted negatively to the news, causing a significant decline in the stock price. Investors will be keeping a close eye on how the company performs in the coming quarters.
Is hurt by this GOP thing, but is confident that they will have a decent quarter and it pays a 5% yield.
They just posted mixed numbers in their last quarter with slightly lower organic growth, but margins were strong. Therefore, they beat earnings by 12 cents. Raised earnings forecast. Their price increases haven't hurt profits. Shares rallied today.
He bets their frozen food sales are strong because of stay-at-homers, but it yields only 2.4% and is cheaper than peer Pepsico. He's on the sidelines because it lacks longer-term consistency. They report Thursday.
Arguably one of the leaders in the tier 2 brands. Made a huge acquisition in 2012, which hasn’t worked out well. Have had several write-downs since then because of that, and have had to reduce prices to increase sales. As a result, margins have been hammered. Over the last year or so, the stock has done quite well because a private equity firm stepped in. The company has indicated 10% year-over-year EPS growth over the next 3 years. Not a bad time to start some buying, but be careful in the short term. The stock had a considerable run up, and on a valuation basis it is not cheap. As a buyer, take a half position and wait for a pullback.
Thinks they have done all the right things with the acquisitions they have been making and their focus. It is all ceramic strategic assets. Within the food business, there is a secular push towards people wanting to lead healthier lives. If you own, consider taking some profits.
Just made a major acquisition. His issues with this and others in this area are that there is inflation pressure on the cost side. They are not getting a follow through on the pricing side so their margins are being squeezed and he fears for flattish earnings growth. 2.9% dividend yield.
ConAgra Foods is a American stock, trading under the symbol CAG-N on the New York Stock Exchange (CAG). It is usually referred to as NYSE:CAG or CAG-N
In the last year, 1 stock analyst published opinions about CAG-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for ConAgra Foods.
ConAgra Foods was recommended as a Top Pick by on . Read the latest stock experts ratings for ConAgra Foods.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered ConAgra Foods In the last year. It is a trending stock that is worth watching.
On 2024-12-13, ConAgra Foods (CAG-N) stock closed at a price of $28.2.
They reported a weak quarter with top and bottom line misses and sales won 4%, but the company warned earlier of a weak quarter and reaffirmed their full-year forecast. Shares sank 8% today.