The stock price of Conagra Brands Inc (NYSE: CAG) has surged by 0.12 when compared to previous closing price of 25.79, but the company has seen a 2.14% gain in its stock price over the last five trading sessions. youtube.com reported 2025-02-21 that The Investment Committee give you their top stocks to watch for the second half.
Is It Worth Investing in Conagra Brands Inc (NYSE: CAG) Right Now?
Conagra Brands Inc (NYSE: CAG) has a price-to-earnings ratio of 25.23x that is above its average ratio. Additionally, the 36-month beta value for CAG is 0.17. 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 474.70M and currently, short sellers hold a 3.25% ratio of that float. The average trading volume of CAG on February 25, 2025 was 5.61M shares.
CAG’s Market Performance
The stock of Conagra Brands Inc (CAG) has seen a 2.14% increase in the past week, with a 1.89% rise in the past month, and a -2.49% fall in the past quarter. The volatility ratio for the week is 3.75%, and the volatility levels for the past 30 days are at 2.68% for CAG. The simple moving average for the last 20 days is 2.37% for CAG stock, with a simple moving average of -10.60% for the last 200 days.
Analysts’ Opinion of CAG
Goldman, on the other hand, stated in their research note that they expect to see CAG reach a price target of $36. The rating they have provided for CAG stocks is “Buy” according to the report published on August 12th, 2024.
Citigroup gave a rating of “Neutral” to CAG, setting the target price at $30 in the report published on February 01st of the previous year.
CAG Trading at -1.60% 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 2.68%, however, over the last 30 days, the volatility rate increased by 3.75%, as shares surge +0.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.92% lower at present.
During the last 5 trading sessions, CAG rose by +2.14%, which changed the moving average for the period of 200-days by -14.47% in comparison to the 20-day moving average, which settled at $25.22. 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 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 0.96. 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 6.18. When we switch over and look at the enterprise to sales, we see a ratio of 1.74. 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 conclusion, Conagra Brands Inc (CAG) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
