Conagra Brands Inc (CAG) posted a 4.22% change over the last five days signaling a new trend

Conagra Brands Inc (NYSE: CAG) kicked off on Monday, up 2.20% from the previous trading day, before settling in for the closing price of $30.42. Over the past 52 weeks, CAG has traded in a range of $25.16-$31.82.

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Consumer Defensive Sector giant saw their annual sales surged by 4.96% over the last five years. While this was happening, its average annual earnings per share was recorded -2.09%. With a float of $475.84 million, this company’s outstanding shares have now reached $478.17 million.

The firm has a total of 18500 workers. Let’s measure their productivity. In terms of profitability, gross margin is 27.83%, operating margin of 13.62%, and the pretax margin is 3.98%.

Conagra Brands Inc (CAG) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Packaged Foods Industry. The insider ownership of Conagra Brands Inc is 0.67%, while institutional ownership is 88.89%. The most recent insider transaction that took place on Aug 13 ’24, was worth 1,211,600. In this transaction EVP & COO of this company sold 40,000 shares at a rate of $30.29, taking the stock ownership to the 161,443 shares. Before that another transaction happened on Aug 13 ’24, when Company’s Officer proposed sale 40,000 for $30.29, making the entire transaction worth $1,211,583.

Conagra Brands Inc (CAG) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -2.09% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.86% during the next five years compared to -13.83% drop over the previous five years of trading.

Conagra Brands Inc (NYSE: CAG) Trading Performance Indicators

Take a look at Conagra Brands Inc’s (CAG) current performance indicators. Last quarter, stock had a quick ratio of 0.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.24. Likewise, its price to free cash flow for the trailing twelve months is 9.15.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.72, a number that is poised to hit 0.59 in the next quarter and is forecasted to reach 2.70 in one year’s time.

Technical Analysis of Conagra Brands Inc (CAG)

Analysing the last 5-days average volume posted by the [Conagra Brands Inc, CAG], we can find that recorded value of 4.99 million was better than the volume posted last year of 4.64 million. As of the previous 9 days, the stock’s Stochastic %D was 60.49%. Additionally, its Average True Range was 0.69.

During the past 100 days, Conagra Brands Inc’s (CAG) raw stochastic average was set at 83.26%, which indicates a significant decrease from 84.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.28% in the past 14 days, which was higher than the 21.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $29.37, while its 200-day Moving Average is $29.20. Now, the first resistance to watch is $31.38. This is followed by the second major resistance level at $31.66. The third major resistance level sits at $32.11. If the price goes on to break the first support level at $30.64, it is likely to go to the next support level at $30.19. Now, if the price goes above the second support level, the third support stands at $29.91.

Conagra Brands Inc (NYSE: CAG) Key Stats

The company with the Market Capitalisation of 14.89 billion has total of 478,063K Shares Outstanding. Its annual sales at the moment are 12,051 M in contrast with the sum of 347,200 K annual income. Company’s last quarter sales were recorded 2,906 M and last quarter income was -567,300 K.