Conagra Brands Inc (CAG) is heading in the right direction with an average volume of $5.04M

Witnessing the stock’s movement on the chart, on Thursday, Conagra Brands Inc (NYSE: CAG) set off with pace as it heaved 1.23% to $28.07, before settling in for the price of $27.73 at the close. Taking a more long-term approach, CAG posted a 52-week range of $26.21-$33.24.

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The Consumer Defensive sector firm’s twelve-monthly sales growth has been 4.96% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was -13.83%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -3.23%. This publicly-traded company’s shares outstanding now amounts to $477.27 million, simultaneously with a float of $474.64 million. The organization now has a market capitalization sitting at $13.40 billion. At the time of writing, stock’s 50-day Moving Average stood at $28.46, while the 200-day Moving Average is $29.70.

Conagra Brands Inc (CAG) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Packaged Foods industry. Conagra Brands Inc’s current insider ownership accounts for 0.55%, in contrast to 87.36% institutional ownership. According to the most recent insider trade that took place on Aug 13 ’24, this organization’s EVP & COO sold 40,000 shares at the rate of 30.29, making the entire transaction reach 1,211,600 in total value, affecting insider ownership by 161,443.

Conagra Brands Inc (CAG) Earnings and Revenue Records

Conagra Brands Inc’s EPS decrease for this current 12-month fiscal period is -3.23% and is forecasted to reach 2.69 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 1.25% through the next 5 years, which can be compared against the -13.83% growth it accomplished over the previous five years trading on the market.

Conagra Brands Inc (NYSE: CAG) Trading Performance Indicators

Let’s observe the current performance indicators for Conagra Brands Inc (CAG). It’s Quick Ratio in the last reported quarter now stands at 0.33. The Stock has managed to achieve an average true range (ATR) of 0.59. Alongside those numbers, its PE Ratio stands at $27.35, and its Beta score is 0.29. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.12. Similarly, its price to free cash flow for trailing twelve months is now 9.16.

In the same vein, CAG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.03, a figure that is expected to reach 0.68 in the next quarter, and analysts are predicting that it will be 2.69 at the market close of one year from today.

Technical Analysis of Conagra Brands Inc (CAG)

Going through the that latest performance of [Conagra Brands Inc, CAG]. Its last 5-days volume of 5.26 million indicated improvement to the volume of 4.77 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 47.06% While, its Average True Range was 0.61.

Raw Stochastic average of Conagra Brands Inc (CAG) in the period of the previous 100 days is set at 26.46%, which indicates a major fall in contrast to 59.48% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 17.01% that was lower than 23.64% volatility it exhibited in the past 100-days period.