| Market cap | $18.22B |
|---|---|
| Enterprise value | $22.38B |
| Revenue | $12.118B |
|---|---|
| EBITDA | $2.045B |
| Income | $952.000M |
| Revenue Q/Q | -1.74% |
| Revenue Y/Y | -0.78% |
| P/E | 14.27 |
|---|---|
| Forward P/E | 10.24 |
| EV/Sales | 1.85 |
| EV/EBITDA | 10.94 |
| EV/EBIT | 13.44 |
| PEG | 1.94 |
| Price/Sales | 1.50 |
| P/FCF | 12.84 |
| Price/Book | 2.09 |
| Book/Share | 13.62 |
| Cash/Share | 0.15 |
| FCF yield | 7.79% |
| Volume | 4.410M / N/A |
|---|---|
| Relative vol. | N/A |
| EPS | 1.99 |
|---|---|
| EPS Q/Q | 14.00% |
| Est. EPS Q/Q | 1.56% |
| Profit margin | 5.57% |
|---|---|
| Oper. margin | 12.15% |
| Gross margin | 26.59% |
| EBIT margin | 13.74% |
| EBITDA margin | 16.87% |
| Ret. on assets | 4.30% |
|---|---|
| Ret. on equity | 10.64% |
| ROIC | 5.92% |
| ROCE | 9.02% |
| Debt/Equity | 1.52 |
|---|---|
| Net debt/EBITDA | 17.57 |
| Current ratio | 0.95 |
| Quick ratio | 0.33 |
| Volatility | 1.64% |
|---|---|
| Beta | 0.21 |
| RSI | 41.08 |
|---|
| Insider ownership | 0.42% |
|---|---|
| Inst. ownership | 83.91% |
| Shares outst. | 478.063M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 2.34% |
| Short ratio | 2.18 |
| Dividend | $1.40 |
|---|---|
| Dividend yield | 4.96% |
| Payout ratio | 70.35% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 11 Jul 2024 |
Monday, 8 April 2024
|
|
| FOCUS-Major food companies offering deals, new sizes as low-income Americans spend less | |
Friday, 5 April 2024
|
|
| Conagra Brands Inc Q3 2024 Earnings Call Transcript Highlights: Navigating Market ... | |
| Decoding Conagra Brands Inc : A Strategic SWOT Insight | |
Thursday, 4 April 2024
|
|
| UPDATE 1-Conagra Brands tops quarterly revenue estimates on resilient demand | |
Friday, 29 March 2024
|
|
| Conagra earnings, Disney vote: What to Watch Next Week | |
Monday, 25 March 2024
|
|
| ConAgra must face lawsuit over seafood sustainability claims | |
Tuesday, 20 February 2024
|
|
| Conagra sees 'opportunity' to sell frozen meals to those on weight loss drugs | |
Thursday, 4 January 2024
|
|
| Conagra Brands cuts 2024 guidance in mixed Q2 earnings | |
Thursday, 28 December 2023
|
|
| 12 Highest Quality French Fries Brands in the US | |
Wednesday, 27 December 2023
|
|
| Conagra Brands Stock Declines While Market Improves: Some Information for Investors | |
Tuesday, 26 December 2023
|
|
| How Food Stocks Spoiled in 2023 | |
Tuesday, 19 December 2023
|
|
| Conagra Brands Stock Sinks As Market Gains: What You Should Know | |
Friday, 15 December 2023
|
|
| Will Conagra Brands Beat Estimates Again in Its Next Earnings Report? | |
Monday, 11 December 2023
|
|
| Conagra Brands Stock Drops Despite Market Gains: Important Facts to Note | |
| With 86% institutional ownership, Conagra Brands, Inc. is a favorite amongst the big guns | |
Thursday, 16 November 2023
|
|
| Conagra Brands Stock Sinks As Market Gains: Here's Why | |
Friday, 10 November 2023
|
|
| Dollar General, Constellation Brands, and Conagra Customers Aren't Acting Like They Usually Do | |
Wednesday, 1 November 2023
|
|
| Cooking spray burn victim awarded $7.1 million in damages after can 'exploded into a fireball' | |
| Conagra: Why Consumer Purchasing Habits Look Poised to Swing in Favor of the Food Giant | |
Tuesday, 17 October 2023
|
|
| Why McDonald's stock has lost a few pounds | |
Monday, 16 October 2023
|
|
| If the Economy Is So Strong, Why Are Consumer Stocks Tanking? | |
Monday, 9 October 2023
|
|
| Conagra Brands Might Be Having Difficulty Using Its Capital Effectively | |
Friday, 6 October 2023
|
|
| Conagra stock hits lowest level since 2020 as consumers grow cold on frozen food | |
Thursday, 5 October 2023
|
|
| Snack-maker Conagra may tweak portions as weight-loss drugs alter appetites | |
| Disney Slashes Ticket Prices For Children, US Government Ceases Free Distribution Of Merck COVID Pill, UK Deep Dives Into Amazon And Microsoft's Cloud Power: Today's Top Stories | |
| Conagra Brands swings to quarterly profit on higher prices | |
Wednesday, 4 October 2023
|
|
| America’s Food Giants Confront the Ozempic Era | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Charisse Brock EVP and Chief HR Officer | Option 23 May 2024 | $355,212 |
| Carey Bartell EVP, GC, and Corp. Secretary | Option 2 May 2024 | $128,953 |
| Richard H Lenny | Buy 9 Oct 2023 | $252,290 |
| William Eric Johnson SVP and Corporate Controller | Option 1 Oct 2023 | $47,025 |
| Thomas M Mc Gough EVP and Co-COO | Option 2 Aug 2023 | $2,091,873 |
| Alexandre Eboli EVP and Chief Supply Chain Officer | Option 2 Aug 2023 | $167,714 |
| Robert G Wise SVP and Corporate Controller | Option 23 Jul 2023 | $137,521 |
| Darren Serrao EVP and Co-COO | Option 23 Jul 2023 | $366,689 |
| Thomas M Mc Gough EVP and Co-COO | Option 23 Jul 2023 | $366,689 |
| David S Marberger EVP and CFO | Option 23 Jul 2023 | $366,689 |
| Sean Connolly President and CEO | Option 23 Jul 2023 | $1,776,121 |
Powered by
Robintrack.
Price target
Current $28.24
Average $38.59
Low $34
High $44
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +5.84% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 4.96% | Growth period | 6 years |
| Last dividend date | Yield 3 years | 4.34% | Growth 3 years | +14.23% | |
| Last dividend | Yield 5 years | 3.80% | Growth 5 years | +9.84% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Sean M. Connolly (56) Pres, CEO, and Director | 56 | $4,047,747 | |
| David S. Marberger (56) Exec. VP and CFO | 56 | $1,799,863 | |
| Thomas M. McGough (56) Co-COO and Exec. VP | 56 | $1,726,908 | |
| Darren C. Serrao (54) Co-COO and Exec. VP | 54 | $1,411,418 | |
| Colleen R. Batcheler (47) Exec. VP, Gen. Counsel, and Corp. Sec. | 47 | $1,326,896 | |
| Stephen J. Tibey (72) Sr. VP of Supply Chain Management | 72 | ||
| Charisse Brock (59) Exec. VP and Chief HR Officer | 59 | ||
| Jonathan J. Harris (53) Chief Communications Officer and Sr. VP | 53 | ||
| Brian Kearney | |||
| Mindy Simon |
conagra brands is a leader among top brands in north america, and is committed to providing great food today’s consumers want.
- Consumer Staples > Packaged Foods & Meats
- Conagra Brands Inc, 222 West Merchandise Mart Plaza, Chicago 60654, United States
- 312 549 5000
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +5.84% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 4.96% | Growth period | 6 years |
| Last dividend date | Yield 3 years | 4.34% | Growth 3 years | +14.23% | |
| Last dividend | Yield 5 years | 3.80% | Growth 5 years | +9.84% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $78.5 | $61.5 | |||
| Short term investments | |||||
| Net receivables | $916.5 | $974.1 | |||
| Inventory | $2,143.4 | $2,277.6 | |||
| Total current assets | $3,285.8 | $3,469.1 | |||
| Long term investments | |||||
| Property, plant & equipment | $2,876.7 | $2,876.5 | |||
| Goodwill & intangible assets | $14,262 | $14,274.7 | |||
| Total noncurrent assets | $18,634.1 | $18,650.9 | |||
| Total investments | |||||
| Total assets | $21,919.9 | $22,120 | |||
| Current liabilities | |||||
| Accounts payable | $1,418 | $1,474.6 | |||
| Deferred revenue | |||||
| Short long term debt | $1,185.5 | $1,576.3 | |||
| Total current liabilities | $3,470.9 | $3,833.1 | |||
| Long term debt | $7,491.8 | $7,493.3 | |||
| Total noncurrent liabilities | $9,223.5 | $9,212.7 | |||
| Total debt | $8,677.3 | $9,069.6 | |||
| Total liabilities | $12,694.4 | $13,045.8 | |||
| Stockholders' equity | |||||
| Retained earnings | $7,011.7 | $6,871.5 | |||
| Other stockholder equity | -$43.8 | -$38.7 | |||
| Total stockholder equity | $9,154.9 | $9,004 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $93.9 | $83.3 | ||
| Short term investments | ||||
| Net receivables | $965.4 | $867.4 | ||
| Inventory | $2,232 | $1,939.7 | ||
| Total current assets | $3,385 | $3,033.7 | ||
| Long term investments | ||||
| Property, plant & equipment | $2,773.8 | $2,713.9 | ||
| Goodwill & intangible assets | $14,384.1 | $15,182.3 | ||
| Total noncurrent assets | $18,667.6 | $19,401.4 | ||
| Total investments | ||||
| Total assets | $22,052.6 | $22,435.1 | ||
| Current liabilities | ||||
| Accounts payable | $1,529.4 | $1,864.6 | ||
| Deferred revenue | ||||
| Short long term debt | $2,157.4 | $891.6 | ||
| Total current liabilities | $4,440.7 | $3,518.8 | ||
| Long term debt | $7,081.3 | $8,088.2 | ||
| Total noncurrent liabilities | $8,804.6 | $10,054.1 | ||
| Total debt | $9,238.7 | $8,979.8 | ||
| Total liabilities | $13,245.3 | $13,572.9 | ||
| Stockholders' equity | ||||
| Retained earnings | $6,599.4 | $6,550.7 | ||
| Other stockholder equity | -$44.4 | -$11.2 | ||
| Total stockholder equity | $8,736.8 | $8,787.7 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $3,032.9 | $3,208.1 | |||
| Cost of revenue | $2,174.1 | $2,361.5 | |||
| Gross profit | $858.8 | $846.6 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $387.4 | $398.1 | |||
| Total operating expenses | $387.4 | $398.1 | |||
| Operating income | $471.4 | $448.5 | |||
| Income from continuing operations | |||||
| EBIT | $511 | $502.4 | |||
| Income tax expense | $95.9 | $102.9 | |||
| Interest expense | $106.5 | $113.3 | |||
| Net income | |||||
| Net income | $308.6 | $286.2 | |||
| Income (for common shares) | $308.6 | $286.2 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $12,277 | $11,535.9 | ||
| Cost of revenue | $9,012.2 | $8,697.1 | ||
| Gross profit | $3,264.8 | $2,838.8 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $2,189.5 | $1,492.8 | ||
| Total operating expenses | $2,165.3 | $1,425.5 | ||
| Operating income | $1,099.5 | $1,413.3 | ||
| Income from continuing operations | ||||
| EBIT | $1,311.9 | $1,558.6 | ||
| Income tax expense | $218.7 | $290.5 | ||
| Interest expense | $409.6 | $379.9 | ||
| Net income | ||||
| Net income | $683.6 | $888.2 | ||
| Income (for common shares) | $683.6 | $888.2 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $308.6 | $286.2 | |||
| Operating activities | |||||
| Depreciation | $95.8 | $99.3 | |||
| Business acquisitions & disposals | |||||
| Stock-based compensation | $15.2 | $6.2 | |||
| Total cash flows from operations | $676.7 | $411.1 | |||
| Investing activities | |||||
| Capital expenditures | -$95.5 | -$70.1 | |||
| Investments | |||||
| Total cash flows from investing | -$91.7 | -$65.5 | |||
| Financing activities | |||||
| Dividends paid | -$167.3 | -$167.3 | |||
| Sale and purchase of stock | |||||
| Net borrowings | -$399 | -$209.5 | |||
| Total cash flows from financing | -$566.9 | -$376.3 | |||
| Effect of exchange rate | -$1.6 | $0.2 | |||
| Change in cash and equivalents | $17 | -$31.2 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | $683.6 | $888.2 | ||
| Operating activities | ||||
| Depreciation | $369.9 | $375.4 | ||
| Business acquisitions & disposals | $0.1 | |||
| Stock-based compensation | $79.2 | $26.1 | ||
| Total cash flows from operations | $995.4 | $1,177.3 | ||
| Investing activities | ||||
| Capital expenditures | -$359 | -$444.2 | ||
| Investments | $5.9 | |||
| Total cash flows from investing | -$354.9 | -$434.9 | ||
| Financing activities | ||||
| Dividends paid | -$623.8 | -$581.8 | ||
| Sale and purchase of stock | -$150 | -$50 | ||
| Net borrowings | $134.9 | -$75 | ||
| Total cash flows from financing | -$631.6 | -$738 | ||
| Effect of exchange rate | $1.7 | -$1.3 | ||
| Change in cash and equivalents | $10.6 | $3.1 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q2 | Centre Asset Management |
-13.95%
|
272,430 | $7,742 |
| 2024 Q2 | Davis Capital Management |
-89.58%
|
2,160 | $61,128 |
| 2024 Q2 | Red Spruce Capital |
+32.05%
|
47,913 | $1,361,687 |
| 2024 Q2 | Gamma Investing |
+74.72%
|
23,621 | $671,309 |
| 2024 Q2 | Dnb Asset Management As |
+4.42%
|
93,286 | $2,651,188 |
| 2024 Q2 | Institutional & Family Asset Management |
Opened
|
2,146 | $60,989 |
| 2024 Q2 | Massmutual Trust Co Fsb/adv |
+79.02%
|
4,479 | $127,293 |
| 2024 Q2 | Versant Capital Management, Inc |
+636.97%
|
2,093 | $59,483 |
| 2024 Q2 | Park Place Capital Corp |
-8.85%
|
10,848 | $308,297 |
| 2024 Q1 | Hotchkis & Wiley Capital Management |
+2,012.90%
|
4,961,080 | $147,046,411 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Vanguard Group Inc | 12.06% | 57,632,403 | |
| Blackrock | 9.58% | 45,808,223 | |
| Price T Rowe Associates Inc md/ | 4.94% | 23,627,860 | |
| State Street Corp | 4.83% | 23,103,194 | |
| American Century Companies Inc | 3.15% | 15,064,154 | |
| Tiaa Cref Investment Management | 2.47% | 11,788,179 | |
| Nordea Investment Management Ab | 2.35% | 11,217,958 | |
| Invesco | 2.24% | 10,731,656 | |
| Geode Capital Management | 2.22% | 10,610,677 | |
| Macquarie Group Ltd | 2.19% | 10,489,740 |
Sign up