Nomad Foods Limited (NYSE: NOMD) kicked off on Monday, down -3.15% from the previous trading day, before settling in for the closing price of $17.45. Over the past 52 weeks, NOMD has traded in a range of $14.54-$20.05.
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Annual sales at Consumer Defensive sector company grew by 5.19% over the past five years. While this was happening, its average annual earnings per share was recorded 11.33%. With a float of $133.90 million, this company’s outstanding shares have now reached $163.17 million.
Let’s look at the performance matrix of the company that is accounted for 7894 employees. In terms of profitability, gross margin is 28.37%, operating margin of 12.83%, and the pretax margin is 8.91%.
Nomad Foods Limited (NOMD) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Packaged Foods Industry. The insider ownership of Nomad Foods Limited is 17.84%, while institutional ownership is 76.78%.
Nomad Foods Limited (NOMD) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.47 earnings per share (EPS), higher than consensus estimate (set at 0.41) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.15% during the next five years compared to 1.21% growth over the previous five years of trading.
Nomad Foods Limited (NYSE: NOMD) Trading Performance Indicators
Take a look at Nomad Foods Limited’s (NOMD) current performance indicators. Last quarter, stock had a quick ratio of 0.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.83. Likewise, its price to free cash flow for the trailing twelve months is 12.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.35, a number that is poised to hit 0.55 in the next quarter and is forecasted to reach 2.10 in one year’s time.
Technical Analysis of Nomad Foods Limited (NOMD)
Nomad Foods Limited (NYSE: NOMD) saw its 5-day average volume 0.74 million, a positive change from its year-to-date volume of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 28.32%. Additionally, its Average True Range was 0.41.
During the past 100 days, Nomad Foods Limited’s (NOMD) raw stochastic average was set at 18.92%, which indicates a significant increase from 2.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.26% in the past 14 days, which was lower than the 22.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.35, while its 200-day Moving Average is $18.25. Nevertheless, the first resistance level for the watch stands at $17.41 in the near term. At $17.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.18. If the price goes on to break the first support level at $16.63, it is likely to go to the next support level at $16.36. Assuming the price breaks the second support level, the third support level stands at $15.86.
Nomad Foods Limited (NYSE: NOMD) Key Stats
The company with the Market Capitalisation of 2.75 billion has total of 162,978K Shares Outstanding. Its annual sales at the moment are 3,295 M in contrast with the sum of 208,560 K annual income. Company’s last quarter sales were recorded 811,010 K and last quarter income was 76,350 K.
