In the past week, CAG stock has gone down by -0.46%, with a monthly decline of -7.46% and a quarterly plunge of -13.12%. The volatility ratio for the week is 1.93%, and the volatility levels for the last 30 days are 1.95% for Conagra Brands Inc The simple moving average for the past 20 days is -3.98% for CAG’s stock, with a -12.54% simple moving average for the past 200 days.
Is It Worth Investing in Conagra Brands Inc (NYSE: CAG) Right Now?
The price-to-earnings ratio for Conagra Brands Inc (NYSE: CAG) is above average at 25.23x. The 36-month beta value for CAG is also noteworthy at 0.28. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 4 rating it as “overweight,” 14 rating it as “hold,” and 0 rating it as “sell.”
The public float for CAG is 474.69M, and at present, short sellers hold a 3.36% of that float. The average trading volume of CAG on January 20, 2025 was 4.97M shares.
CAG) stock’s latest price update
Conagra Brands Inc (NYSE: CAG) has seen a rise in its stock price by 0.12 in relation to its previous close of 25.79. However, the company has experienced a -0.46% decline in its stock price over the last five trading sessions. fool.com reported 2025-01-19 that Five-year, 10-year, and multi-decade charts of market movements all show that stock market sell-offs happen. No one knows when they’ll begin, how severe the downturn will be, or how long they’ll last.
Analysts’ Opinion of CAG
Many brokerage firms have already submitted their reports for CAG stocks, with Goldman repeating the rating for CAG by listing it as a “Buy.” The predicted price for CAG in the upcoming period, according to Goldman is $36 based on the research report published on August 12, 2024 of the previous year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see CAG reach a price target of $30. The rating they have provided for CAG stocks is “Neutral” according to the report published on February 01st, 2024.
Wells Fargo gave a rating of “Equal Weight” to CAG, setting the target price at $31 in the report published on December 12th of the previous year.
CAG Trading at -5.61% 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 -22.32% of loss for the given period.
Volatility was left at 1.95%, however, over the last 30 days, the volatility rate increased by 1.93%, as shares sank -7.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.25% lower at present.
During the last 5 trading sessions, CAG fell by -0.46%, which changed the moving average for the period of 200-days by -12.62% in comparison to the 20-day moving average, which settled at $26.89. In addition, Conagra Brands Inc saw -6.95% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CAG starting from McGough Thomas M, who sale 40,000 shares at the price of $30.29 back on Aug 13 ’24. After this action, McGough Thomas M now owns 161,443 shares of Conagra Brands Inc, valued at $1,211,600 using the latest closing price.
McGough Thomas M, the Officer of Conagra Brands Inc, proposed sale 40,000 shares at $30.29 during a trade that took place back on Aug 13 ’24, which means that McGough Thomas M is holding shares at $1,211,583 based on the most recent closing price.
Stock Fundamentals for CAG
Current profitability levels for the company are sitting at:
- 0.55 for the present operating margin
- 0.27 for the gross margin
The net margin for Conagra Brands Inc stands at 0.04. The total capital return value is set at 0.4. Equity return is now at value 5.53, with 2.28 for asset returns.
Based on Conagra Brands Inc (CAG), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.86. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is 15.2.
Currently, EBITDA for the company is 1.44 billion with net debt to EBITDA at 1.61. When we switch over and look at the enterprise to sales, we see a ratio of 1.22. The receivables turnover for the company is 13.92for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.
Conclusion
In summary, Conagra Brands Inc (CAG) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
