Nomad Foods Limited (NOMD)
NYSE: NOMD · Real-Time Price · USD
17.61
-0.22 (-1.23%)
Oct 29, 2024, 4:00 PM EDT - Market closed
Nomad Foods Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Nomad Foods stock have an average target of 24.33, with a low estimate of 21 and a high estimate of 28. The average target predicts an increase of 38.16% from the current stock price of 17.61.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 8, 2024.
Analyst Ratings
The average analyst rating for Nomad Foods stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $23 → $24 | Strong Buy | Maintains | $23 → $24 | +36.29% | Aug 8, 2024 |
| Barclays | Barclays | Buy Maintains $22 → $21 | Buy | Maintains | $22 → $21 | +19.25% | Jul 19, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $26 → $28 | Strong Buy | Maintains | $26 → $28 | +59.00% | May 10, 2024 |
| Barclays | Barclays | Buy Maintains $20 → $22 | Buy | Maintains | $20 → $22 | +24.93% | Feb 2, 2024 |
| Barclays | Barclays | Buy Maintains $18 → $20 | Buy | Maintains | $18 → $20 | +13.57% | Jan 16, 2024 |
Financial Forecast
Revenue This Year
3.20B
from 3.04B
Increased by 5.17%
Revenue Next Year
3.30B
from 3.20B
Increased by 3.19%
EPS This Year
1.81
from 1.13
Increased by 60.53%
EPS Next Year
1.99
from 1.81
Increased by 9.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.3B | 3.4B | 3.5B | ||
| Avg | 3.2B | 3.3B | 3.4B | ||
| Low | 3.1B | 3.2B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.7% | 6.7% | 6.3% | ||
| Avg | 5.2% | 3.2% | 2.6% | ||
| Low | 0.6% | -1.3% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.89 | 2.12 | 2.25 | ||
| Avg | 1.81 | 1.99 | 2.16 | ||
| Low | 1.72 | 1.87 | 2.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 67.3% | 17.0% | 13.2% | ||
| Avg | 60.5% | 9.8% | 8.6% | ||
| Low | 52.7% | 3.2% | 3.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.