Conagra Brands, Inc. (CAG)
| Market Cap | 16.02B |
| Revenue (ttm) | 11.18B |
| Net Income (ttm) | 1.30B |
| Shares Out | 479.95M |
| EPS (ttm) | 2.66 |
| PE Ratio | 12.54 |
| Forward PE | 13.53 |
| Dividend | $1.04 (3.11%) |
| Ex-Dividend Date | Aug 2, 2021 |
| Volume | 1,639,802 |
| Open | 33.24 |
| Previous Close | 33.19 |
| Day's Range | 33.24 - 33.45 |
| 52-Week Range | 31.76 - 38.73 |
| Beta | 0.82 |
| Analysts | Buy |
| Price Target | 37.00 (+10.9%) |
| Est. Earnings Date | Oct 7, 2021 |
About CAG
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. The Refrigerated & Frozen segment provides temperature-controlled food products in various retail channels in the United States. The International segment offers food products in various tempera...
Financial Performance
In 2021, Conagra Brands's revenue was $11.18 billion, an increase of 1.18% compared to the previous year's $11.05 billion. Earnings were $1.30 billion, an increase of 54.60%.
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for Conagra Brands stock is "Buy." The 12-month stock price forecast is 37.00, which is an increase of 10.94% from the latest price.
News
Conagra Brands Foundation Awards Grants to 17 Local Nonprofits Through "Nourish Our Community" Program
CHICAGO, Sept. 17, 2021 /PRNewswire/ -- In support of Hunger Action Month and to underscore its commitment to fighting food insecurity, Conagra Brands Foundation has announced the recipients of its annu...
Conagra Brands Announces Details Of Fiscal 2022 First Quarter Earnings Release, Webcast And Conference Call
CHICAGO, Sept. 9, 2021 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) will host a webcast and conference call to review its fiscal 2022 first quarter results on Thursday, October 7, 2021, at 9:30 a.m.
Conagra (CAG) Troubled by Escalated Costs & Divestitures
Conagra Brands (CAG) expects cost inflation of 9% in fiscal 2022. The company is also seeing tough comparisons with the year-ago period's initial pandemic-led demand spike.
CONAGRA BRANDS (CAG) Down 0.2% Since Last Earnings Report: Can It Rebound?
CONAGRA BRANDS (CAG) reported earnings 30 days ago. What's next for the stock?
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Conagra Brands Announces Appointment Of Fran Horowitz To Its Board Of Directors
CHICAGO, July 26, 2021 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced the appointment of Fran Horowitz to its board of directors, effective Aug. 2, 2021. With this addition, the Conagr...
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BofA Downgrades Conagra Brands On Challenging Year Ahead
Fiscal 2022 is likely to be a transition year for Conagra Brands Inc (NYSE:CAG), as management takes action to combat inflation, against tough COVID-19-related volume comparisons, according to BofA Secu...
ConAgra raising prices to help offset rising costs
ConAgra is cutting its fiscal 2022 outlook due to rising costs, which the food company will try to offset by boosting prices.
Conagra (CAG) Trims Guidance Despite Q4 Earnings & Sales Beat
Conagra's (CAG) fourth-quarter fiscal 2021 earnings and sales decline year over year. Management expects increased cost inflation in fiscal 2022.
Here's what Conagra Brands' Q4 earnings report tells us
Conagra Brands Inc (NYSE: CAG) said on Tuesday its sales came in weaker than last year in the fiscal fourth quarter. Earnings and revenue, however, topped Wall Street estimates.
Daily Dividend Report: Conagra Brands, Fastenal, Baxter International, AON, Duke Energy
The Company's new quarterly dividend payment of $0.3125 per share of Conagra common stock will be paid on September 2, 2021 to stockholders of record as of the close of business on August 3, 2021.
PepsiCo and Conagra plan to battle rising costs with higher prices
PepsiCo and Conagra Brands both said on Tuesday that the plan is to pass along higher input costs to customers as inflation accelerates.
Conagra Shares Fall After Downbeat FY22 Outlook
Consumer packaged goods company Conagra Brands Inc (NYSE: CAG) reported fourth quarter FY21 sales of $2.73 billion, a 16.68% fall year-on-year, beating the consensus of $2.71 billion. Grocery & Snacks s...
Conagra Brands cuts annual profit forecast on cost pressures
(Reuters) -Conagra Brands Inc lowered its full-year profit forecast on Tuesday, as the packaged foods company expects to take a hit from higher commodity prices and shipping logjams.
Conagra Brands: Q4 Earnings Insights
Shares of Conagra Brands (NYSE:CAG) remained unaffected after the company reported Q4 results. Quarterly Results Earnings per share decreased 28.00% over the past year to $0.54, which beat the estimate ...
Conagra Brands Reports Strong FY21 Fourth Quarter And Full-Year Results
CHICAGO, July 13, 2021 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) reported results for the fourth quarter and full fiscal year 2021, which ended on May 30, 2021. All comparisons are against ...
Conagra Brands's Earnings: A Preview
On Tuesday, July 13, Conagra Brands (NYSE:CAG) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Conagra Set to Kick Off Another Earnings Season Next Week
The shares of Conagra Brands Inc (NYSE:CAG) are flat this afternoon, last seen down 0.1% at $36.15.
Conagra Brands (CAG) to Post Q4 Earnings: What to Expect?
Conagra's (CAG) fourth-quarter fiscal 2021 results are likely to reflect softness in its Foodservice business. Pandemic-induced expenses and cost inflation remain other concerns.