Nomad Foods Limited (NOMD)
NYSE: NOMD · IEX Real-Time Price · USD
18.69
+0.05 (0.27%)
Apr 26, 2024, 4:00 PM EDT - Market closed
Nomad Foods Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Nomad Foods stock have an average target of 22.5, with a low estimate of 22 and a high estimate of 23. The average target predicts an increase of 20.39% from the current stock price of 18.69.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 2, 2024.
Analyst Ratings
The average analyst rating for Nomad Foods stock from 2 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $20 → $22 | Buy | Maintains | $20 → $22 | +17.71% | Feb 2, 2024 |
| Barclays | Barclays | Buy Maintains $18 → $20 | Buy | Maintains | $18 → $20 | +7.01% | Jan 16, 2024 |
| Barclays | Barclays | Buy Maintains $22 → $18 | Buy | Maintains | $22 → $18 | -3.69% | Oct 12, 2023 |
| Citigroup | Citigroup | Strong Buy Maintains $25 → $23 | Strong Buy | Maintains | $25 → $23 | +23.06% | Aug 10, 2023 |
| Barclays | Barclays | Buy Maintains $21 → $22 | Buy | Maintains | $21 → $22 | +17.71% | May 12, 2023 |
Financial Forecast
Revenue This Year
3.21B
from 3.04B
Increased by 5.47%
Revenue Next Year
3.31B
from 3.21B
Increased by 3.11%
EPS This Year
1.81
from 1.13
Increased by 60.29%
EPS Next Year
1.98
from 1.81
Increased by 9.17%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.3B | 3.4B | 3.5B | 3.6B |
| Avg | 3.2B | 3.3B | 3.4B | 3.5B |
| Low | 3.1B | 3.2B | 3.3B | 3.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 9.0% | 6.9% | 6.8% | 4.4% |
| Avg | 5.5% | 3.1% | 3.0% | 1.4% |
| Low | 0.9% | -1.6% | -1.5% | -2.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.89 | 2.10 | 2.29 | 2.24 |
| Avg | 1.81 | 1.98 | 2.18 | 2.18 |
| Low | 1.71 | 1.81 | 2.05 | 2.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 67.3% | 15.9% | 15.8% | 3.0% |
| Avg | 60.3% | 9.2% | 10.0% | 0.1% |
| Low | 51.8% | 0.1% | 3.6% | -3.9% |
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.