Betting On ConAgra Foods, Inc. (NYSE:CAG) ?


ConAgra Foods, Inc. (NYSE:CAG) closed its last session at $35.7. The stock traded within a range of $35.60 and $36.13. The company operates in the Consumer Defensive sector with a market capitalization of 14.28 Million. Trading volume for ConAgra Foods, Inc. was 5.77 Million in its previous trading session. Currently, ConAgra Foods, Inc. (NYSE:CAG) has an average volume of 3.4 Million.

Company Profile

Conagra Brands, Inc. manufactures and markets packaged foods for retail consumers, restaurants and institutions. Its operating segment consists of Consumer Foods and Commercial Foods. The Company offers meals, entrees, condiments, sides, snacks, specialty potatoes, milled grain ingredients, dehydrated vegetables and seasonings, and blends and flavors. Its brands include Marie Callender’s, Healthy Choice, Slim Jim, Hebrew National, Orville Redenbacher’s, Peter Pan, Reddi-wip, PAM, Snack Pack, Banquet, Chef Boyardee, Egg Beaters, Rosarita, Fleischmann’s and Hunt’s. Conagra Brands Inc., formerly known as ConAgra Foods Inc., is headquartered in Chicago, Illinois.

Analyst Views

ConAgra Foods, Inc. (NYSE:CAG) received a Buy rating from 2 analysts. 0 analysts gave its stock an Outperform rating. 2 analysts say it’s a Hold while 1 analysts provided their expert opinion as Sell.

ConAgra Foods, Inc. (NYSE:CAG) touched its 1-Year High price of $41.68 on 03/01/17 and its 1-Year Low price of $32.16 on 08/30/17.

EPS & Financials

ConAgra Foods, Inc. (NYSE:CAG) reported its EPS in the last quarter as $0.55/Share beating the analyst estimate of $0.52/Share by a difference of $0.03. This showed a surprise of 5.8% in the last quarter earnings.

For the current quarter, 13 analysts are projecting a mean EPS of $0.51/share. According to their observations and findings, the stock could provide a high EPS of $0.56/share and a low EPS of $0.47/share.

Analysts believe that the company has the potential to earn average revenue of $2 Billion for the current quarter. According to their predictions high & low revenue estimates are 2.02 Billion and 1.93 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BEARISH with HIGH volatility. ConAgra Foods, Inc. (NYSE:CAG) has a 20-Day average volume of 3.93 Million. According to today’s trading volume ConAgra Foods, Inc. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.1 Percent and Institutional ownership of 82.2 Percent. The return on assets stands at 6.9%, Return on Equity currently is 18% and the Return on Investment value is 9.6%.

ConAgra Foods, Inc. (NYSE:CAG) gross margin percentage stands at 30% while its operating margin for the past trailing twelve month is 13 percent and its overall profit margin (ttm) is 9 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -3.77% with a 50-Day Simple Moving Average of -4.48 percent. As of today, the company has a SMA200 (200-day simple moving average) of -0.46 Percent. The Stock has YTD (year to date) performance of -5.23 percent.

The TTM operating margin for the company stands at 13%. The return on invested capital is at 9.6%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 32.47.

The company’s stock is currently moving with a -ve distance from the 200 day SMA of approximately -0.46%, and has a solid year to date (YTD) performance of -5.23% which means that the stock is constantly adding to its value from the previous fiscal year end price.