Conagra Stock Buy Hold or Sell Recommendation

CAG
 Stock
  

USD 35.23  0.01  0.0284%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Conagra Brands is 'Buy'. Macroaxis provides Conagra Brands buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CAG positions. The advice algorithm takes into account all of Conagra Brands' available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Conagra Brands' buy-and-hold perspective. Continue to Conagra Brands Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Conagra and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Conagra Brands.

Execute Conagra Brands Buy or Sell Advice

The Conagra recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Conagra Brands. Macroaxis does not own or have any residual interests in Conagra Brands or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Conagra Brands' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Conagra BrandsBuy Conagra Brands
Buy

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Details

Reporting Quality (M-Score)

Details
For the selected time horizon Conagra Brands has a Risk Adjusted Performance of 0.0044, Jensen Alpha of (0.07), Total Risk Alpha of (0.12), Sortino Ratio of (0.038303) and Treynor Ratio of (0.010424)
Conagra Brands advice module can be used to check and cross-verify current investment recommendation provided by analysts analyzing the company's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Conagra Brands is not overpriced, please confirm all Conagra Brands fundamentals, including its shares owned by institutions, price to sales, net income, as well as the relationship between the price to earning and gross profit . Given that Conagra Brands has a price to earning of 19.15 X, we suggest you to validate Conagra Brands market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Conagra Brands Trading Alerts and Improvement Suggestions

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 86.0% of Conagra Brands shares are held by institutions such as insurance companies
Latest headline from simplywall.st: Is Conagra Brands, Inc.s Latest Stock Performance Being Led By Its Strong Fundamentals - Simply Wall St

Conagra Brands current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Conagra analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Conagra analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price35.87
Target Median Price35.00
Target High Price40.00
Recommendation Mean2.70
Number Of Analyst Opinions15
Target Low Price32.00
Average Consensus Hold
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Conagra Brands Returns Distribution Density

The distribution of Conagra Brands' historical returns is an attempt to chart the uncertainty of Conagra Brands' future price movements. The chart of the probability distribution of Conagra Brands stock daily returns describes the distribution of returns around its average expected value. We use Conagra Brands price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Conagra Brands returns is essential to provide solid investment advice for Conagra Brands.
Mean Return0.002055Value At Risk-1.74
Potential Upside1.94Standard Deviation1.76
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Conagra Brands historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Conagra Brands Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Conagra Brands or Consumer Defensive sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Conagra Brands' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Conagra stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.07
β
Beta against DOW0.76
σ
Overall volatility
1.43
Ir
Information ratio -0.05

Conagra Brands Volatility Alert

Conagra Brands currently demonstrates below-average downside deviation. It has Information Ratio of -0.05 and Jensen Alpha of -0.07. However, we advise investors to further question Conagra Brands expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Conagra Brands' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Conagra Brands' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Conagra Brands Implied Volatility

Conagra Brands' implied volatility" href="/stock-options/CAG/Conagra-Brands">Conagra Brands' implied volatility exposes the market's sentiment of Conagra Brands stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Conagra Brands' implied volatility" href="/stock-options/CAG/Conagra-Brands">Conagra Brands' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Conagra Brands stock will not fluctuate a lot when Conagra Brands' options" href="/stock-options/CAG/Conagra-Brands">Conagra Brands' options are near their expiration.

Conagra Brands Fundamentals Vs Peers

Comparing Conagra Brands' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Conagra Brands' direct or indirect competition across all of the common fundamentals between Conagra Brands and the related equities. This way, we can detect undervalued stocks with similar characteristics as Conagra Brands or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Conagra Brands' fundamental indicators could also be used in its relative valuation, which is a method of valuing Conagra Brands by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Conagra Brands to competition
FundamentalsConagra BrandsPeer Average
Return On Equity10.15 %(0.31) %
Return On Asset4.83 %(0.14) %
Profit Margin7.70 %(1.27) %
Operating Margin17.47 %(5.51) %
Current Valuation26.13 B16.62 B
Shares Outstanding480.63 M571.82 M
Shares Owned by Insiders0.46 %10.09 %
Shares Owned by Institutions85.82 %39.21 %
Number of Shares Shorted10.21 M4.71 M
Price to Earning19.15 X28.72 X
Price to Book1.92 X9.51 X
Price to Sales1.47 X11.42 X
Revenue11.54 B9.43 B
Gross Profit2.86 B27.38 B
EBITDA2.01 B3.9 B
Net Income888.2 M570.98 M
Cash and Equivalents83.3 M2.7 B
Cash per Share0.17 X5.01 X
Total Debt9.22 B5.32 B
Debt to Equity1.04 %48.70 %
Current Ratio0.86 X2.16 X
Book Value Per Share18.31 X1.93 K
Cash Flow from Operations1.18 B971.22 M
Short Ratio2.16 X4.00 X
Earnings Per Share1.84 X3.12 X
Price to Earnings To Growth4.18 X4.89 X
Number of Employees18 K18.84 K
Beta0.58-0.15
Market Capitalization16.93 B19.03 B
Total Asset13.39 B29.47 B
Retained Earnings4.2 B9.33 B
Working Capital1.04 B1.48 B
Current Asset3.58 B9.34 B
   Exercise or conversion by Alexandre Eboli of 5107 shares of Conagra Brands subject to Rule 16b-3 [view details]

Conagra Brands Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Conagra . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution38266.63
Daily Balance Of Power(0.021739)
Rate Of Daily Change1.0
Day Median Price35.4
Day Typical Price35.34
Price Action Indicator(0.18)

About Conagra Brands Buy or Sell Advice

When is the right time to buy or sell Conagra Brands? Buying financial instruments such as Conagra Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2010 2014 2019 2022 (projected)
Receivables1.39 B831.7 M867.4 M909.58 M
Inventories2.29 B1.57 B1.94 B1.75 B

Use Investing Ideas to Build Portfolios

In addition to having Conagra Brands in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Chemicals Thematic Idea Now

Chemicals
Chemicals Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Theme or any other thematic opportunities.
View All  Next Launch
Continue to Conagra Brands Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Conagra Stock analysis

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.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
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
16.9 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.