Conagra Brands Stock Target Price and Analyst Consensus

CAG
 Stock
  

USD 34.56  0.32  0.93%   

The current analyst and expert consensus on Conagra Brands is Hold with 7 hold recommendations. The current projected Conagra Brands target price consensus is 37.43 with 7 analyst opinions. One of the most common ways Conagra Brands analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Conagra Brands vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Conagra Brands. We strongly encourage you to use your own analysis of Conagra Brands to validate this buy or sell advice. Conagra Brands recommendation module provides expert sentiment on the projected Conagra Brands target price to derive its highest and lowest estimates based on target price standard deviation of 2.699. Continue to Macroaxis Advice on Conagra Brands to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
  
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The current year Gross Profit is expected to grow to about 3.2 B, whereas Profit Margin is forecasted to decline to 0.07. Conagra Brands Receivables is projected to decrease significantly based on the last few years of reporting. The past year's Receivables was at 860.8 Million. The current year Inventory is expected to grow to about 1.4 B, whereas Accumulated Other Comprehensive Income is forecasted to decline to (118.3 M).

Conagra Brands Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Conagra target price is determined by taking all analyst projections and averaging them out. 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 target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of Opinions8
Lowered Outlook0
Raized Outlook0
Hold
Most Conagra analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Conagra stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Conagra Brands, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Conagra Brands Target Price Projection

Conagra Brands' current and average target prices are 34.56 and 37.43, respectively. The current price of Conagra Brands is the price at which Conagra Brands is currently trading. On the other hand, Conagra Brands' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Conagra Brands Market Quote on 1st of July 2022

Low Price34.14Odds
High Price34.67Odds

34.56

Target Price

Analyst Consensus On Conagra Brands Target Price

Low Estimate35.0Odds
High Estimate42.0Odds
Number of Analysts7
Standard Deviation2.699

37.428

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Conagra Brands and the information provided on this page.

Conagra Brands Analyst Ratings

Conagra Brands' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Conagra Brands stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Conagra Brands' financials, market performance, and future outlook by experienced professionals. Conagra Brands' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

About Conagra Brands Target Price Projections

Conagra Brands's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Conagra Brands and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Conagra depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Conagra Brands including its fundamental analysis.
 2014 2019 2021 2022 (projected)
Long Term Debt to Equity1.440.971.131.06
Interest Coverage3.14.352.994.31

Additional Conagra Brands Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Conagra Brands is a key component of Conagra Brands valuation and have some predictive power on the future returns of a Conagra Brands.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Conagra Brands' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Conagra Brands in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
32.9034.5736.24
Details
Intrinsic
Valuation
LowReal ValueHigh
31.1038.8940.56
Details
Naive
Forecast
LowNext ValueHigh
33.5035.1736.84
Details
Earnings
Estimates (7)
LowProjected EPSHigh
2.352.442.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Conagra Brands. Your research has to be compared to or analyzed against Conagra Brands' peers to derive any actionable benefits. When done correctly, Conagra Brands' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Conagra Brands.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index
Invested less than 1 share
Continue to Macroaxis Advice on Conagra Brands to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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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The data published in Conagra Brands' official financial statements usually reflect Conagra Brands' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Conagra Brands. For example, before you start analyzing numbers published by Conagra accountants, it's critical to develop an understanding of what Conagra Brands' liquidity, profitability, and earnings quality are in the context of the Consumer Defensive space in which it operates.
Please note, the presentation of Conagra Brands' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Conagra Brands' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Conagra Brands' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Conagra Brands. Please utilize our Beneish M Score to check the likelihood of Conagra Brands' management to manipulate its earnings.