An Evaluation Of Conagra Brands Inc (NYSE: CAG) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

CAG belongs to the Consumer Defensive sector of the NYSE while operating in the Packaged Foods industry. The current market capitalization of Conagra Brands Inc is $12.43B. A total of 5.84 million shares were traded on the day, compared to an average of 5.58M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, CAG has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.

In the most recent transaction, McGough Thomas M sold 40,000 shares of CAG for 30.29 per share on Aug 13 ’24. After the transaction, the EVP & COO now owns 161,443 company shares. In a previous transaction on Aug 13 ’24, McGough Thomas M bought 40,000 shares at 30.29 per share.

Among the insiders who sold shares, Brock Charisse disposed of 15,444 shares on May 23 ’24 at a per-share price of $30.37. This resulted in the EVP, Chief HR Officer holding 113,254 shares of CAG after the transaction.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Conagra Brands Inc pays an annual dividend of $1.40, resulting in a dividend yield of 5.37%, and it has a price to earnings (P/E) ratio of 25.45. CAG’s most recent ex-dividend date was 5.05% when it declared a $0.35 quarterly dividend that was paid in cash on 1/27/2025. Previously, the company paid the dividend on 10/31/2024 with an ex-dividend date of 4.28%. The CAG stock dividend was $0.35 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for CAG in the last 3 months, the mean price target is $27.33 with high estimates of $31.00 and low estimates of $24.00. In terms of 52-week highs and lows, CAG has a high of $33.24 and a low of $23.06.

As of this writing, CAG has an earnings estimate of $0.55 per share for the current quarter. EPS was calculated based on a consensus of 13.0 estimates, with a high estimate of $0.61 per share and a lower estimate of $0.47.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CAG’s latest balance sheet shows that the firm has $83.30M in Cash & Short Term Investments as of fiscal 2022. There were $9.18B in debt and $3.52B in liabilities at the time. Its Book Value Per Share was $18.44, while its Total Shareholder’s Equity was $8.86B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CAG is Buy with a score of 3.27.

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