Currently, there are 477.32M common shares owned by the public and among those 474.71M shares have been available to trade.
The company’s stock has a 5-day price change of 6.03% and 1.10% over the past three months. CAG shares are trading -0.47% year to date (YTD), with the 12-month market performance down to -1.18% lower. It has a 12-month low price of $23.06 and touched a high of $33.24 over the same period. CAG has an average intraday trading volume of 5.72 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 8.44%, 6.57%, and -3.57% respectively.
Institutional ownership of Conagra Brands Inc (NYSE: CAG) shares accounts for 87.89% of the company’s 477.32M shares outstanding.
It has a market capitalization of $13.18B and a beta (3y monthly) value of 0.27. The stock’s trailing 12-month PE ratio is 26.99, while the earnings-per-share (ttm) stands at $1.02. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.11% over the week and 3.13% over the month.
Earnings per share for the fiscal year are expected to decrease by -11.19%, and 5.01% over the next financial year. EPS should grow at an annualized rate of -0.92% over the next five years, compared to -13.83% over the past 5-year period.
Looking at the support for the CAG, a number of firms have released research notes about the stock. Goldman stated their Neutral rating for the stock in a research note on February 24, 2025, with the firm’s price target at $33-$26. Goldman coverage for the Conagra Brands Inc (CAG) stock in a research note released on August 12, 2024 offered a Buy rating with a price target of $36. Citigroup was of a view on February 01, 2024 that the stock is Neutral, while Wells Fargo gave the stock Equal Weight rating on December 12, 2023, issuing a price target of $31. Evercore ISI on their part issued In-line rating on December 11, 2023.
