Nomad Foods Limited (NYSE: NOMD) on Tuesday, soared 5.19% from the previous trading day, before settling in for the closing price of $15.81. Within the past 52 weeks, NOMD’s price has moved between $15.43 and $20.05.
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Annual sales at Consumer Defensive sector company grew by 6.12% over the past five years. The company achieved an average annual earnings per share of 7.68%. With a float of $134.04 million, this company’s outstanding shares have now reached $160.83 million.
Let’s look at the performance matrix of the company that is accounted for 7894 employees. In terms of profitability, gross margin is 29.34%, operating margin of 13.61%, and the pretax margin is 8.58%.
Nomad Foods Limited (NOMD) Insider and Institutional Ownership
Observing investor behavior towards Packaged Foods industry stocks is more important than anything else. The insider ownership of Nomad Foods Limited is 17.75%, while institutional ownership is 76.19%.
Nomad Foods Limited (NOMD) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.68% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.47% 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
Nomad Foods Limited (NOMD) is currently performing well based on its current performance indicators. A quick ratio of 0.72 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.82. Likewise, its price to free cash flow for the trailing twelve months is 10.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.34, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.93 in one year’s time.
Technical Analysis of Nomad Foods Limited (NOMD)
Nomad Foods Limited (NYSE: NOMD) saw its 5-day average volume 0.73 million, a positive change from its year-to-date volume of 0.6 million. As of the previous 9 days, the stock’s Stochastic %D was 35.34%. Additionally, its Average True Range was 0.45.
During the past 100 days, Nomad Foods Limited’s (NOMD) raw stochastic average was set at 26.85%, which indicates a significant decrease from 72.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.74% in the past 14 days, which was higher than the 25.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.12, while its 200-day Moving Average is $17.90. Nevertheless, the first resistance level for the watch stands at $17.05 in the near term. At $17.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.15. If the price goes on to break the first support level at $15.95, it is likely to go to the next support level at $15.28. The third support level lies at $14.85 if the price breaches the second support level.
Nomad Foods Limited (NYSE: NOMD) Key Stats
Market capitalization of the company is 2.71 billion based on 162,978K outstanding shares. Right now, sales total 3,295 M and income totals 208,560 K. The company made 846,250 K in profit during its latest quarter, and 77,300 K in sales during its previous quarter.
