A share price of Conagra Brands Inc [CAG] is currently trading at $27.23, up 4.81%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CAG shares have gain 6.62% over the last week, with a monthly amount glided 8.44%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Conagra Brands Inc [NYSE: CAG] stock has seen the most recent analyst activity on February 24, 2025, when Goldman downgraded its rating to a Neutral and also revised its price target to $26 from $33. Previously, Goldman started tracking the stock with Buy rating on August 12, 2024, and set its price target to $36. On February 01, 2024, Citigroup initiated with a Neutral rating and assigned a price target of $30 on the stock. Wells Fargo started tracking the stock assigning a Equal Weight rating and suggested a price target of $31 on December 12, 2023. Evercore ISI downgraded its rating to a In-line. TD Cowen started tracking with a Market Perform rating for this stock on September 13, 2023, and assigned it a price target of $32. In a note dated July 17, 2023, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $46 to $37.
Conagra Brands Inc experienced fluctuations in its stock price throughout the past year between $23.06 and $33.24. Currently, Wall Street analysts expect the stock to reach $31.5 within the next 12 months. Conagra Brands Inc [NYSE: CAG] shares were valued at $27.23 at the most recent close of the market. An investor can expect a potential return of 15.68% based on the average CAG price forecast.
Analyzing the CAG fundamentals
Trailing Twelve Months sales for Conagra Brands Inc [NYSE:CAG] were 11.93B which represents -0.41% decline. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.55%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.4. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.96.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.19 points at the first support level, and at 25.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.06, and for the 2nd resistance point, it is at 28.89.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Conagra Brands Inc [NYSE:CAG] is 0.70. As well, the Quick Ratio is 0.22, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 1.09, the price to book ratio is 1.48 and price to earnings (TTM) ratio is 26.60.
Transactions by insiders
Recent insider trading involved McGough Thomas M, EVP & COO, that happened on Aug 13 ’24 when 40000.0 shares were sold. Officer, McGough Thomas M completed a deal on Aug 13 ’24 to buy 40000.0 shares. Meanwhile, EVP, Chief HR Officer Brock Charisse sold 15444.0 shares on May 23 ’24.
