Conagra Brands, Inc. (NYSE:CAG) went up by 1.42% from its latest closing price when compared to the 1-year high value of $35.79 and move down -0.34%, while CAG stocks collected +5.56% of gains with the last five trading sessions. Press Release reported 16 hours ago that Conagra Brands Partners with Marine Stewardship Council to Promote Certified Sustainable Seafood
Conagra Brands, Inc. (NYSE:CAG) Worth an Investment?
Conagra Brands, Inc. (NYSE: CAG) scored price to earnings ratio above its average ratio, recording 22.72 times of increase in earnings at the present.
CAG Market Performance
CAG stocks went up by 5.56% for the week, with the monthly jump of 3.48% and a quarterly performance of 19.86%, while its annual performance rate touched 33.75%. The simple moving average for the period of the last 20 days is 6.07% for CAG stocks with the simple moving average of 15.95% for the last 200 days.
Analysts’ Opinion on Conagra Brands, Inc. (NYSE:CAG)
Many brokerage firms have already submitted their reports for CAG stocks, with Jefferies repeating the rating for CAG shares by setting it to “Buy”. The predicted price for CAG socks in the upcoming period according to Jefferies is $41 based on the research report published on June 22, 2020.
Standpoint Research, on the other hand, stated in their research note that they expect to see CAG stock at the price of $41. The rating they have provided for CAG stocks is “Hold” according to the report published on May 18, 2020.
SunTrust gave “ Hold” rating to CAG stocks, setting the target price at $41 in the report published on May 11, 2020.
CAG Stocks 5.86% Far from 50 Day Moving Average
After a stumble in the market that brought CAG to its low price for the period of the last 52 weeks, Conagra Brands, Inc. was unable to take a rebound, for now settling with -0.34% of loss for the given period.
The stock volatility was left at 2.86%, however, within the period of a single month, the volatility rate increased by 3.00%, while the shares surge at the distance of +6.00% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +5.44% upper at the present time.
In the course of the last 5 trading sessions, CAG went up by +5.56%, which changed the moving average for the period of 200 days to the total of +17.18% of gains for the stock in comparison to the 20-day moving average settled at $33.73. In addition, Conagra Brands, Inc. saw 4.18% in overturn over the period of a single year with a tendency to cut further gains.
CAG Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Conagra Brands, Inc. (CAG), starting from McGough Thomas M, who sold 80,615 shares at the price of $35.00 back on Jun 01. After this action, Rushing now owns 145,869 shares of Conagra Brands, Inc., valued at $2,821,525 with the latest closing price.
JANA PARTNERS LLC, the Director of Conagra Brands, Inc., sold 5,619 shares at the value of $34.48 during a trade that took place back on Apr 29, which means that JANA PARTNERS LLC is holding 10,853,203 shares at the value of $193,743 based on the most recent closing price.
CAG Stock Fundamentals
The current profitability levels are settled at +14.76 for the present operating margin and +27.89 for gross margin. The net margin for Conagra Brands, Inc. stands at +7.13. Total capital return value is set at 10.95, while invested capital returns managed to touch 5.45. Equity return holds the value 10.10%, with 3.40% for asset returns.
Based on Conagra Brands, Inc. (CAG), the company’s capital structure generated 144.59 points for debt to equity in total, while total debt to capital is set at the value of 59.12. Total debt to assets is settled at the value of 48.07 with long-term debt to equity ratio rests at 3.53 and long-term debt to capital is 144.30.
EBITDA value lies at +501.10 M with total debt to EBITDA carrying the value of 6.13. The value for Enterprise to Sales is 2.45 with debt to enterprise value settled at 0.46. The receivables turnover for Conagra Brands, Inc. is 13.49 with the total asset turnover at the value of 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.28.