Nomad Foods Limited (NOMD)

NYSE: NOMD · Real-Time Price · USD
17.10
+0.27 (1.60%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.60%
Market Cap 2.75B
Revenue (ttm) 3.42B
Net Income (ttm) 223.51M
Shares Out 160.83M
EPS (ttm) 1.37
PE Ratio 12.46
Forward PE 8.76
Dividend $0.60 (3.51%)
Ex-Dividend Date Nov 8, 2024
Volume 776,678
Open 16.83
Previous Close 16.83
Day's Range 16.83 - 17.14
52-Week Range 15.76 - 20.05
Beta 0.78
Analysts Strong Buy
Price Target 24.00 (+40.35%)
Earnings Date Nov 14, 2024

About NOMD

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers. It also provides meal products that include ready-to-cook noodles, pasta, lasagna, pancakes, and other ready-made meals; ice creams, such as in-home ... [Read more]

Industry Packaged Foods
Founded 2014
Employees 6,993
Stock Exchange NYSE
Ticker Symbol NOMD
Full Company Profile

Financial Performance

In 2023, Nomad Foods's revenue was 3.04 billion, an increase of 3.56% compared to the previous year's 2.94 billion. Earnings were 192.70 million, a decrease of -22.86%.

Financial numbers in EUR Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for NOMD stock is "Strong Buy." The 12-month stock price forecast is $24.0, which is an increase of 40.35% from the latest price.

Price Target
$24.0
(40.35% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Nomad Foods: Attractive Valuation, But Risks Remain

Nomad Foods is the largest frozen food (excl. ice cream) company in Europe, trading at less than 9x forward earnings. The company has shown consistent free cash flow generation and has a portfolio of ...

11 hours ago - Seeking Alpha

Nomad Foods to Participate in the Morgan Stanley Global Consumer and Retail Conference on December 3, 2024

WOKING, England , Nov. 20, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced that Stéfan Descheemaeker, Chief Executive Officer, and Ruben Baldew, Chief Financial Officer, will par...

22 hours ago - PRNewsWire

Nomad Foods Limited (NOMD) Q3 2024 Earnings Call Transcript

Nomad Foods Limited (NYSE:NOMD) Q3 2024 Earnings Conference Call November 14, 2024 8:00 AM ET Company Participants Jason English - Head of Investor Relations Stefan Descheemaeker - Chief Executive Of...

6 days ago - Seeking Alpha

Nomad Foods Reports Third Quarter 2024 Financial Results

Balanced growth strategy delivers volume & value gains Revenue growth of +0.8% with Adjusted EPS +28% YoY to €0.55 Full year 2024 guidance reduced following a temporary ERP disruption WOKING, England ...

6 days ago - PRNewsWire

Nomad Foods to Report Third Quarter 2024 Financial Results on Thursday, November 14, 2024

WOKING, England , Oct. 31, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced it will report results for the third quarter ended September 30, 2024 before New York Stock Exchange ma...

20 days ago - PRNewsWire

Nomad Foods Declares Quarterly Dividend

WOKING, England , Oct. 29, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share on the Company's ...

22 days ago - PRNewsWire

Nomad Is Preparing For A Good H2 2024 With Volume Recovery, And The Stock Is A Buy

Nomad Foods' 2Q24 results show a positive inflection with volumes growing 1.6%, marking the first increase in three years due to strategic pricing and promotions. Despite lower prices, gross margins r...

2 months ago - Seeking Alpha

Nomad Foods to Participate at the Barclays Global Consumer Staples Conference on September 3, 2024

WOKING, England , Aug. 20, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced that Stéfan Descheemaeker, Chief Executive Officer, and Ruben Baldew, Chief Financial Officer, will pre...

3 months ago - PRNewsWire

Nomad Foods: A Stable Player Overlooked By The Market

Nomad Foods is a leading European frozen food company with a 16% market share and strong financial health. The company's growth strategy includes organic and inorganic methods, with a focus on acquisi...

3 months ago - Seeking Alpha

Nomad Foods Limited (NOMD) Q2 2024 Earnings Call Transcript

Nomad Foods Limited (NYSE:NOMD) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Jason English - Interim Head of Investor Relations Stéfan Descheemaeker - Chief Executi...

3 months ago - Seeking Alpha

Nomad Foods Reports Second Quarter 2024 Financial Results

Volume recovery on-track; Revenue growth of +1.1% with Adjusted EPS of €0.44 Reiterates full year 2024 financial guidance WOKING, England , Aug. 7, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD...

3 months ago - PRNewsWire

Nomad Foods to Report Second Quarter 2024 Financial Results on Wednesday, August 7, 2024

WOKING, England , July 24, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced it will report results for the second quarter ended June 30, 2024 before New York Stock Exchange market...

4 months ago - PRNewsWire

Nomad Foods: Expect The Free Cash Flow To Increase Throughout The Year

Nomad Foods shifts focus from growth to balance sheet management due to the increasing cost of debt. Q1 results show a decrease in EBITDA, but stable finance costs and good debt management. Company re...

4 months ago - Seeking Alpha

Nomad Foods Announces Appointment of Chief Financial Officer

WOKING, England , May 28, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced the appointment of Ruben Baldew as Chief Financial Officer, effective June 17, 2024 (subject to, and con...

6 months ago - PRNewsWire

Nomad Foods Reports First Quarter 2024 Financial Results

Volume recovery on-track; Revenue growth of +1.1% with Adjusted EPS of €0.37 Reiterates full year 2024 financial guidance WOKING, England , May 9, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD)...

7 months ago - PRNewsWire

Nomad Foods Announces Successful Repricing of Existing Senior Secured Term Loan

WOKING, England , April 29, 2024 /PRNewswire/ -- Nomad Foods Limited ("Nomad Foods" or the "Company") today announced that it has repriced its existing USD denominated Term Loan B of USD 693 million p...

7 months ago - PRNewsWire

Nomad Foods to Report First Quarter 2024 Financial Results on Thursday, May 9, 2024

WOKING, England , April 26, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD), today announced it will report results for the first quarter ended March 31, 2024 before New York Stock Exchange mark...

7 months ago - PRNewsWire

Nomad Foods Announces Launch of Repricing Senior Secured Term Loan

WOKING, England , April 22, 2024 /PRNewswire/ -- Nomad Foods Limited ("Nomad Foods" or the "Company") today announced the launch of an anticipated repricing of its existing USD denominated Term Loan B...

7 months ago - PRNewsWire

Nomad Foods: Trading At An Adjusted FCF Yield Of 11%

Nomad Foods reports better-than-expected Q4 and full-year 2023 results, with revenue and EBITDA increasing. The company's focus on generating strong free cash flow results in lower debt and interest e...

9 months ago - Seeking Alpha

Nomad Foods Annual Report Available to Shareholders

FELTHAM, England , Feb. 29, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) (the "Company" or "Nomad Foods"), announced today that its annual report on Form 20-F, including its audited financial...

9 months ago - PRNewsWire

Nomad Foods Limited (NOMD) Q4 2023 Earnings Call Transcript

Nomad Foods Limited (NOMD) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Nomad Foods Reports Fourth Quarter and Full Year 2023 Financial Results

Delivers record-high net sales and Adjusted EBITDA; Full year Adjusted EPS of €1.61 Affirms strong 2024 financial guidance   FELTHAM, England , Feb. 29, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE:...

9 months ago - PRNewsWire

Nomad Foods Provides Updates on Full Year 2023 Results and Initiates 2024 Guidance

Initiate 2024 Adjusted EPS guidance of €1.75-€1.80 per share, representing 9-12% growth Company to report fourth quarter and full year results on Thursday, February 29, 2024  FELTHAM, England , Feb. 2...

9 months ago - PRNewsWire

Nomad Foods to Present at 2024 CAGNY Conference

FELTHAM, England , Feb. 14, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMAD) today announced that Stefan Descheemaeker, Chief Executive Officer, and Samy Zekhout, Chief Financial Officer, will b...

10 months ago - PRNewsWire

Nomad Foods Announces Term Loan Repricing

FELTHAM, England , Feb. 5, 2024 /PRNewswire/ -- Nomad Foods Limited ("Nomad Foods" or the "Company") announced today that it has repriced its existing EUR denominated Term Loan B of EUR 130 million pr...

10 months ago - PRNewsWire