Conagra Stock Today

CAG
 Stock
  

USD 34.90  0.51  1.48%   

Market Performance
0 of 100
Odds Of Distress
Less than 45
Conagra Brands is trading at 34.90 as of the 15th of August 2022, a 1.48 percent increase since the beginning of the trading day. The stock's lowest day price was 34.16. Conagra Brands has 45 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Conagra Brands are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 16th of July 2022 and ending today, the 15th of August 2022. Click here to learn more.
CUSIP
205887102
Fiscal Year End
May
Business Domain
Food, Beverage & Tobacco
IPO Date
7th of September 1984
Category
Consumer Defensive
Classification
Consumer Staples
ISIN
US2058871029
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. Conagra Brands, Inc. was founded in 1861 and is headquartered in Chicago, Illinois. Conagra Brands operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. The company has 480.09 M outstanding shares of which 10.21 M shares are currently shorted by investors with about 2.16 days to cover. More on Conagra Brands

Moving against Conagra Brands

0.54AGRIAgriforce Growing Systems Earnings Call  This WeekPairCorr
Follow Valuation Options Odds of Bankruptcy
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Conagra Brands Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Conagra Brands' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Conagra Brands or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Conagra Brands was previously known as CONAGRA BRANDS INC and was traded on New York Stock Exchange under the symbol CAG.
The company has 9.22 B in debt with debt to equity (D/E) ratio of 1.04, which is OK given its current industry classification. Conagra Brands has a current ratio of 0.84, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Conagra Brands until it has trouble settling it off, either with new capital or with free cash flow. So, Conagra Brands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Conagra Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Conagra to invest in growth at high rates of return. When we think about Conagra Brands' use of debt, we should always consider it together with cash and equity.
Conagra Brands has a strong financial position based on the latest SEC filings
Over 84.0% of Conagra Brands shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Exercise or conversion by Alexandre Eboli of 5107 shares of Conagra Brands subject to Rule 16b-3
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Conagra Brands' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Conagra Brands' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Older SymbolCAG
CEOSean Connolly
SEC FilingsConagra Brands Security & Exchange Commission EDGAR Reports
Thematic Ideas
Showing 3 out of 4 themes
Fama & French Classification
Average Analyst Recommendation
Analysts covering Conagra Brands report their recommendations after researching Conagra Brands' financial statements, talking to executives and customers, or listening in on Conagra Brands' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Conagra Brands. The Conagra consensus assessment is calculated by taking the average forecast from all of the analysts covering Conagra Brands.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Conagra Brands based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Conagra Brands financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares508.9 M479.9 M
Notably Up
Increasing
Slightly volatile
Weighted Average Shares Diluted510.9 M482.2 M
Notably Up
Increasing
Slightly volatile
Net Cash Flow from Operations1.6 B1.2 B
Significantly Up
Decreasing
Slightly volatile
Total Assets23.5 B22.4 B
Sufficiently Up
Increasing
Slightly volatile
Total Liabilities14.7 B13.6 B
Significantly Up
Decreasing
Very volatile
Current Assets3.1 BB
Fairly Up
Decreasing
Slightly volatile
Current Liabilities3.6 B3.5 B
Fairly Up
Increasing
Slightly volatile
Total Debt9.9 BB
Significantly Up
Increasing
Stable
Return on Average Assets0.04050.039
Sufficiently Up
Increasing
Slightly volatile
Gross Margin0.280.246
Fairly Up
Increasing
Stable
Asset Turnover0.530.512
Sufficiently Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Conagra Brands' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Conagra Brands' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Conagra Brands' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Conagra Brands' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Conagra Brands' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Conagra Brands' financial leverage. It provides some insight into what part of Conagra Brands' total assets is financed by creditors.
Share Download
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By using current balance sheet information, investors can analyze the liability, assets, and equity on Conagra Brands' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Conagra Brands deploys its capital and how much of that capital is borrowed.
Liquidity
Conagra Brands cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 9.22 B in debt with debt to equity (D/E) ratio of 1.04, which is OK given its current industry classification. Conagra Brands has a current ratio of 0.84, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Conagra Brands until it has trouble settling it off, either with new capital or with free cash flow. So, Conagra Brands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Conagra Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Conagra to invest in growth at high rates of return. When we think about Conagra Brands' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

1.59 Billion
Conagra Brands (CAG) is traded on New York Stock Exchange in USA. It is located in 222 West Merchandise Mart Plaza, Suite 1300, Chicago, IL 60654, United States and employs 18,000 people. Conagra Brands was previously known as CONAGRA BRANDS INC and was traded on New York Stock Exchange under the symbol CAG. Conagra Brands is listed under Food Products category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 16.55 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Conagra Brands's market, we take the total number of its shares issued and multiply it by Conagra Brands's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Conagra Brands runs under Consumer Defensive sector within Packaged Foods industry. The entity has 480.09 M outstanding shares of which 10.21 M shares are currently shorted by investors with about 2.16 days to cover. Conagra Brands has about 83.3 M in cash with 1.18 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.17.
Check Conagra Brands Probability Of Bankruptcy
Ownership
Conagra Brands retains a total of 480.09 Million outstanding shares. The majority of Conagra Brands outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Conagra Brands to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Conagra Brands. Please pay attention to any change in the institutional holdings of Conagra Brands as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Conagra Ownership Details

Conagra Stock Price Odds Analysis

What are Conagra Brands' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Conagra Brands jumping above the current price in 90 days from now is about 11.2%. The Conagra Brands probability density function shows the probability of Conagra Brands stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Conagra Brands has a beta of 0.7418 suggesting as returns on the market go up, Conagra Brands average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Conagra Brands will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Conagra Brands is significantly underperforming DOW.
  Odds Below 34.9HorizonTargetOdds Above 34.9
88.65%90 days
 34.90 
11.20%
Based on a normal probability distribution, the odds of Conagra Brands to move above the current price in 90 days from now is about 11.2 (This Conagra Brands probability density function shows the probability of Conagra Stock to fall within a particular range of prices over 90 days) .

Conagra Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Conagra Brands that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Conagra Brands' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Conagra Brands' value.
InstituionSecurity TypeTotal SharesValue
Vanguard Group IncCommon Shares55.8 M1.9 B
Blackrock IncCommon Shares45.1 M1.5 B
View Conagra Brands Diagnostics

Conagra Brands Historical Income Statement

Conagra Brands Income Statement is one of the three primary financial statements used for reporting Conagra's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Conagra Brands revenue and expense. Conagra Brands Income Statement primarily focuses on the company's revenues and expenses during a particular period.
The current year Net Loss Income from Discontinued Operations is expected to grow to about 672.1 M. The current year Net Income to Non Controlling Interests is expected to grow to about 1.7 M View More Fundamentals

Conagra Stock Against Markets

Picking the right benchmark for Conagra Brands stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Conagra Brands stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Conagra Brands is critical whether you are bullish or bearish towards Conagra Brands at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Conagra Brands without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Conagra Brands Corporate Directors

Conagra Brands corporate directors refer to members of a Conagra Brands board of directors. The board of directors generally takes responsibility for the Conagra Brands' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Conagra Brands' board members must vote for the resolution. The Conagra Brands board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Thomas Brown - Independent DirectorProfile
Timothy McLevish - Independent DirectorProfile
Emanuel Chirico - Independent DirectorProfile
Joie Gregor - Independent DirectorProfile

Invested in Conagra Brands?

You need to understand the risk of investing before taking a position in Conagra Brands. The danger of trading Conagra Brands is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Conagra Brands is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Conagra Brands. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Conagra Brands is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the Conagra Brands information on this page should be used as a complementary analysis to other Conagra Brands' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Conagra Brands price analysis, check to measure Conagra Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Conagra Brands is operating at the current time. Most of Conagra Brands' value examination focuses on studying past and present price action to predict the probability of Conagra Brands' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Conagra Brands' price. Additionally, you may evaluate how the addition of Conagra Brands to your portfolios can decrease your overall portfolio volatility.
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Is Conagra Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Conagra Brands. If investors know Conagra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Conagra Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.48
Market Capitalization
16.5 B
Quarterly Revenue Growth YOY
0.062
Return On Assets
0.0484
Return On Equity
0.1
The market value of Conagra Brands is measured differently than its book value, which is the value of Conagra that is recorded on the company's balance sheet. Investors also form their own opinion of Conagra Brands' value that differs from its market value or its book value, called intrinsic value, which is Conagra Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Conagra Brands' market value can be influenced by many factors that don't directly affect Conagra Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Conagra Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine Conagra Brands value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Conagra Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.