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Analytical Report on ConAgra Foods, Inc. (NYSE:CAG)
Wfg L P last reported 1,495 shares in the company. Analyst’s mean target price for Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) is $47.38 while analysts mean recommendation is 1.90. (NYSE:CAG) has a Buy-Sell rating of 1.94.
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JP Morgan began new coverage on ConAgra Foods, Inc. giving the company a “overweight” rating. This shows a surprise factor of 27.1%.
ConAgra Foods, Inc.’s (CAG) ended its day with a loss of -28.30% and finalized at the price of $34.30. This is the consensus analyst rating on the stock based on an arithmetical average of the 7 ratings given by the brokerage analysts covering the company. For the prior quarter revenue for the stock hit $2.83B, with EPS at $0.52. Now, the company’s name has changed to ConAgra Brands (CAG).
These analysts also forecasted Growth Estimates for the Current Quarter for CAG to be 12.1%.
6 number of analysts have estimated the sales of the company for the quarter ending Dec 20, 2016- Dec 27, 2016, analysts estimated mean sale target of 2670.16 million while high and low sale targets are estimated at 2725.72 million and 2634 million respectively. ConAgra Foods has been the topic of 19 analyst reports since September 16, 2015 according to StockzIntelligence Inc. NCLH EPS growth this year is 16.30%. While for the next 5 years, the growth estimate is 10.33%. The company stock was upgraded to Outperform from Sector Perform, wrote analysts at RBC Capital Mkts, in a research note issued to clients on Friday October 14, 2016.
United States of America based company, ConAgra Foods, Inc.’s (CAG)’s latest closing price distance was -23.69% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -25.45% and -27.94% compared with the 20 Day Moving Average. Another trade for 159,057 shares valued at $7.66 million was made by Gehring John on Tuesday, July 5. Target price projections may differ greatly from one analyst to another.
The number of ConAgra Foods shares in issue is 437,769,000 which have a current share price of 47.77 bringing ConAgra Foods’s market capitalisation to 20.91B Dollars.
Wall Street analysts have the ability to use various metrics to help calculate target projections.
For the first time in Conagra’s history, the company will be a singularly focused, consumer branded food company.
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Currently, the stock carries a price to earnings ratio of 30.27, a price to book ratio of 4.05, and a price to sales ratio of 1.32. The stock has relative volume of 4.21. The return on equity ratio or ROE stands at 10 percent while most common profitability ratio return on investment (ROI) was 8.7 percent.