Tomorrow Is Not Likely To Be Same For Conagra Brands Inc (CAG)

Conagra Brands Inc (CAG) concluded trading on Wednesday at a closing price of $25.36, with 5.25 million shares of worth about $133.2 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -17.21% during that period and on Wednesday the price saw a loss of about -2.84%. Currently the company’s common shares owned by public are about 477.32M shares, out of which, 474.70M shares are available for trading.

Stock saw a price change of 4.41% in past 5 days and over the past one month there was a price change of -3.24%. Year-to-date (YTD), CAG shares are showing a performance of -8.61% which decreased to -10.39% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $23.06 but also hit the highest price of $33.24 during that period. The average intraday trading volume for Conagra Brands Inc shares is 5.58 million. The stock is currently trading 0.62% above its 20-day simple moving average (SMA20), while that difference is down -3.05% for SMA50 and it goes to -12.04% lower than SMA200.

Conagra Brands Inc (NYSE: CAG) currently have 477.32M outstanding shares and institutions hold larger chunk of about 87.78% of that.

The stock has a current market capitalization of $12.10B and its 3Y-monthly beta is at 0.17. PE ratio of stock for trailing 12 months is 24.78, while it has posted earnings per share of $1.02 in the same period. It has Quick Ratio of 0.22 while making debt-to-equity ratio of 0.96. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CAG, volatility over the week remained 3.42% while standing at 2.64% over the month.

Stock’s fiscal year EPS is expected to drop by -10.92% while it is estimated to increase by 5.25% in next year. EPS is likely to grow at an annualized rate of -0.64% for next 5-years, compared to annual growth of -13.83% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on February 24, 2025 offering a Neutral rating for the stock and assigned a target price range of between $33 and $26 to it. Coverage by Goldman stated Conagra Brands Inc (CAG) stock as a Buy in their note to investors on August 12, 2024, suggesting a price target of $36 for the stock. On February 01, 2024, Citigroup Initiated their recommendations, while on December 12, 2023, Wells Fargo Initiated their ratings for the stock with a price target of $31. Stock get an In-line rating from Evercore ISI on December 11, 2023.

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