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 $23.00, with 9.58 million shares of worth about $220.45 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -20.61% during that period and on May 07, 2025 the price saw a loss of about -1.50%. Currently the company’s common shares owned by public are about 477.36M shares, out of which, 474.75M shares are available for trading.

Stock saw a price change of -6.92% in past 5 days and over the past one month there was a price change of -11.50%. Year-to-date (YTD), CAG shares are showing a performance of -17.12% which decreased to -24.81% 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 6.32 million. The stock is currently trading -7.19% below its 20-day simple moving average (SMA20), while that difference is down -9.98% for SMA50 and it goes to -17.52% lower than SMA200.

Conagra Brands Inc (NYSE: CAG) currently have 477.36M outstanding shares and institutions hold larger chunk of about 86.54% of that.

The stock has a current market capitalization of $10.98B and its 3Y-monthly beta is at 0.17. PE ratio of stock for trailing 12 months is 33.66, while it has posted earnings per share of $0.68 in the same period. It has Quick Ratio of 0.23 while making debt-to-equity ratio of 0.93. 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 2.02% while standing at 2.67% over the month.

Stock’s fiscal year EPS is expected to drop by -12.51% while it is estimated to increase by 3.75% in next year. EPS is likely to grow at an annualized rate of -1.82% 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 Morgan Stanley on March 24, 2025 offering an Equal-weight rating for the stock and assigned a target price of $27 to it. Coverage by Goldman stated Conagra Brands Inc (CAG) stock as a Neutral in their note to investors on February 24, 2025, suggesting a price target of $26 for the stock. On August 12, 2024, Goldman Initiated their recommendations, while on February 01, 2024, Citigroup Initiated their ratings for the stock with a price target of $30. Stock get an Equal weight rating from Wells Fargo on December 12, 2023.

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