On Tuesday, Conagra Brands Inc (NYSE: CAG) opened lower -0.07% from the last session, before settling in for the closing price of $27.90. Price fluctuations for CAG have ranged from $26.21 to $33.24 over the past 52 weeks.
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Consumer Defensive Sector giant saw their annual sales surged by 4.96% over the last five years. Company’s average yearly earnings per share was noted -3.31% at the time writing. With a float of $474.64 million, this company’s outstanding shares have now reached $477.27 million.
The firm has a total of 18500 workers. Let’s measure their productivity. In terms of profitability, gross margin is 27.38%, operating margin of 13.9%, and the pretax margin is 3.55%.
Conagra Brands Inc (CAG) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Packaged Foods industry is another important factor to consider. The insider ownership of Conagra Brands Inc is 0.55%, while institutional ownership is 87.37%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.73 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.24% 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
Check out the current performance indicators for Conagra Brands Inc (CAG). In the past quarter, the stock posted a quick ratio of 0.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.11. Likewise, its price to free cash flow for the trailing twelve months is 9.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.03, a number that is poised to hit 0.67 in the next quarter and is forecasted to reach 2.69 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 4.91 million was better than the volume posted last year of 4.78 million. As of the previous 9 days, the stock’s Stochastic %D was 54.47%. Additionally, its Average True Range was 0.57.
During the past 100 days, Conagra Brands Inc’s (CAG) raw stochastic average was set at 23.76%, which indicates a significant decrease from 47.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.63% in the past 14 days, which was lower than the 23.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.38, while its 200-day Moving Average is $29.70. Now, the first resistance to watch is $28.10. This is followed by the second major resistance level at $28.32. The third major resistance level sits at $28.68. If the price goes on to break the first support level at $27.52, it is likely to go to the next support level at $27.17. Now, if the price goes above the second support level, the third support stands at $26.95.
Conagra Brands Inc (NYSE: CAG) Key Stats
There are currently 477,273K shares outstanding in the company with a market cap of 13.31 billion. Presently, the company’s annual sales total 12,051 M according to its annual income of 347,200 K. Last quarter, the company’s sales amounted to 2,795 M and its income totaled 466,800 K.
