We Analyzed the Future Direction of Conagra Brands, Inc. (CAG), Here is What We Found

Conagra Brands, Inc. (NYSE:CAG) went down by -0.06% from its latest closing price compared to the recent 1-year high of $39.34. The company’s stock price has collected -1.65% of loss in the last five trading sessions. Press Release reported 23 hours ago that Conagra Brands Improves Sustainability of Swiss Miss Packaging

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Is It Worth Investing in Conagra Brands, Inc. (NYSE :CAG) Right Now?

Conagra Brands, Inc. (NYSE:CAG) scored a price-to-earnings ratio above its average ratio, recording 20.10 x from its present earnings ratio. Plus, the 36-month beta value for CAG is at 0.85. Opinions of the stock are interesting as 8 analysts out of 18 who provided ratings for Conagra Brands, Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 10 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $38.11, which is $3.49 above the current price. CAG currently public float of 486.47M and currently shorts hold a 1.77% ratio of that float. Today, the average trading volume of CAG was 3.01M shares.

CAG’s Market Performance

CAG stocks went down by -1.65% for the week, with a monthly drop of -8.50% and a quarterly performance of 0.93%, while its annual performance rate touched 13.57%. The volatility ratio for the week stands at 2.20% while the volatility levels for the past 30 days are set at 2.17% for Conagra Brands, Inc.. The simple moving average for the period of the last 20 days is -7.36% for CAG stocks with a simple moving average of 4.76% for the last 200 days.

Analysts’ Opinion of CAG

Many brokerage firms have already submitted their reports for CAG stocks, with Jefferies repeating the rating for CAG by listing it as a “Buy.” The predicted price for CAG in the upcoming period, according to Jefferies is $41 based on the research report published on June 22nd of the current year 2020.

Standpoint Research, on the other hand, stated in their research note that they expect to see CAG reach a price target of $41. The rating they have provided for CAG stocks is “Hold” according to the report published on May 18th, 2020.

SunTrust gave a rating of “ Hold” to CAG, setting the target price at $41 in the report published on May 11th of the current year.

CAG Trading at -6.75% from the 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, the company was unable to rebound, for now settling with -12.13% of loss for the given period.

Volatility was left at 2.17%, however, over the last 30 days, the volatility rate increased by 2.20%, as shares sank -9.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.73% lower at present.

During the last 5 trading sessions, CAG fell by -1.65%, which changed the moving average for the period of 200-days by +18.47% in comparison to the 20-day moving average, which settled at $37.14. In addition, Conagra Brands, Inc. saw 0.96% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CAG starting from Biegger David, who sold 33,634 shares at the price of $37.66 back on Jul 31. After this action, Biegger David now owns 66,697 shares of Conagra Brands, Inc., valued at $1,266,623 using the latest closing price.

Biegger David, the EVP,Chief Supply Chain Officer of Conagra Brands, Inc., sold 33,634 shares at $37.66 during a trade that took place back on Jul 31, which means that Biegger David is holding 66,697 shares at $1,266,623 based on the most recent closing price.

Stock Fundamentals for CAG

Current profitability levels for the company are sitting at:

  • +18.65 for the present operating margin
  • +29.72 for the gross margin

The net margin for Conagra Brands, Inc. stands at +7.60. The total capital return value is set at 11.42, while invested capital returns managed to touch 4.80. Equity return is now at value 10.90, with 3.80 for asset returns.

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Based on Conagra Brands, Inc. (CAG), the company’s capital structure generated 126.94 points at debt to equity in total, while total debt to capital is 55.94. Total debt to assets is 44.83, with long-term debt to equity ratio resting at 4.18. Finally, the long-term debt to capital ratio is 115.63.

When we switch over and look at the enterprise to sales, we see a ratio of 2.40, with the company’s debt to enterprise value settled at 0.38. The receivables turnover for the company is 13.06 and the total asset turnover is 0.50. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.88.

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