conagra brands inc. - CAG

CAG

Close Chg Chg %
27.17 0.26 0.96%

Open Market

27.43

+0.26 (0.96%)

Volume: 1.36M

Last Updated:

Nov 22, 2024, 12:45 PM EDT

Company Overview: conagra brands inc. - CAG

CAG Key Data

Open

$27.32

Day Range

27.19 - 27.52

52 Week Range

26.21 - 33.24

Market Cap

$12.97B

Shares Outstanding

477.27M

Public Float

474.82M

Beta

0.33

Rev. Per Employee

N/A

P/E Ratio

26.47

EPS

$1.03

Yield

515.27%

Dividend

$0.35

EX-DIVIDEND DATE

Oct 31, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

4.47M

 

CAG Performance

1 Week
 
1.76%
 
1 Month
 
-7.68%
 
3 Months
 
-11.30%
 
1 Year
 
-4.63%
 
5 Years
 
-5.43%
 

CAG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 18
Full Ratings ➔

About conagra brands inc. - CAG

Conagra Brands, Inc. engages in the manufacture and sale of processed and packaged foods. It operates through the following segments: Grocery and Snacks, Refrigerated and Frozen, International, and Foodservice. The Grocery and Snacks segment includes branded, and shelf stable food products sold in various retail channels in the United States. The Refrigerated and Frozen segment is composed of branded, and temperature-controlled food products sold in various retail channels in the United States. The International segment offers branded food products in various temperature states, sold in various retail and foodservice channels outside of the United States. The Foodservice segment focuses on branded and customized food products, including meals, entrees, sauces, and a variety of custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The company was founded by Alva Kinney and Frank Little in 1919 and is headquartered in Chicago, IL.

CAG At a Glance

Conagra Brands, Inc.
222 West Merchandise Mart Plaza
Chicago, Illinois 60654
Phone 1-312-549-5000 Revenue 12.05B
Industry Food: Major Diversified Net Income 347.20M
Sector Consumer Non-Durables Employees 18,500
Fiscal Year-end 05 / 2025
View SEC Filings

CAG Valuation

P/E Current 26.469
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 41.864
Price to Sales Ratio 1.206
Price to Book Ratio 1.715
Price to Cash Flow Ratio 7.211
Enterprise Value to EBITDA 9.894
Enterprise Value to Sales 1.924
Total Debt to Enterprise Value 0.373

CAG Efficiency

Revenue/Employee 651,400.00
Income Per Employee 18,767.568
Receivables Turnover 13.823
Total Asset Turnover 0.562

CAG Liquidity

Current Ratio 0.972
Quick Ratio 0.329
Cash Ratio 0.024

CAG Profitability

Gross Margin 27.844
Operating Margin 16.116
Pretax Margin 5.064
Net Margin 2.881
Return on Assets 1.618
Return on Equity 4.043
Return on Total Capital 2.031
Return on Invested Capital 2.163

CAG Capital Structure

Total Debt to Total Equity 102.518
Total Debt to Total Capital 50.622
Total Debt to Total Assets 41.476
Long-Term Debt to Equity 90.811
Long-Term Debt to Total Capital 44.841
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Conagra Brands Inc. - CAG

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
11.18B 11.54B 12.28B 12.05B
Sales Growth
+1.18% +3.14% +6.42% -1.84%
Cost of Goods Sold (COGS) incl D&A
7.78B 8.71B 8.99B 8.70B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
387.70M 375.40M 369.90M 400.90M
Depreciation
328.00M 316.10M 313.10M 347.30M
Amortization of Intangibles
59.70M 59.30M 56.80M 53.60M
COGS Growth
+0.18% +11.94% +3.23% -3.31%
Gross Income
3.40B 2.82B 3.28B 3.36B
Gross Income Growth
+3.53% -17.00% +16.30% +2.19%
Gross Profit Margin
+30.41% +24.48% +26.75% +27.84%
2021 2022 2023 2024 5-year trend
SG&A Expense
1.24B 1.12B 1.41B 1.41B
Research & Development
51.30M 53.40M 57.70M 61.40M
Other SG&A
1.19B 1.06B 1.35B 1.35B
SGA Growth
+1.31% -9.98% +26.30% +0.21%
Other Operating Expense
- - - -
-
Unusual Expense
437.60M 291.80M 797.90M 1.09B
EBIT after Unusual Expense
1.72B 1.42B 1.08B 852.80M
Non Operating Income/Expense
105.80M (2.70M) 24.80M 190.10M
Non-Operating Interest Income
1.90M 2.10M 3.90M 5.70M
Equity in Earnings of Affiliates
- - - 177.60M
-
Interest Expense
419.10M 378.90M 410.20M 432.70M
Interest Expense Growth
-13.92% -9.59% +8.26% +5.49%
Gross Interest Expense
429.30M 392.30M 417.60M 441.50M
Interest Capitalized
10.20M 13.40M 7.40M 8.80M
Pretax Income
1.41B 1.03B 689.90M 610.20M
Pretax Income Growth
+45.41% -26.72% -33.24% -11.55%
Pretax Margin
+12.61% +8.96% +5.62% +5.06%
Income Tax
193.80M 290.50M 218.70M 262.50M
Income Tax - Current - Domestic
264.40M 234.80M 347.10M 327.30M
Income Tax - Current - Foreign
15.30M 18.40M 25.70M 28.30M
Income Tax - Deferred - Domestic
(89.60M) 38.60M (150.20M) (84.30M)
Income Tax - Deferred - Foreign
3.70M (1.30M) (3.90M) (8.80M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - 177.60M
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.30B 888.20M 683.20M 347.70M
Minority Interest Expense
- 2.10M 400.00K 500.00K
Net Income
1.30B 888.20M 682.80M 347.20M
Net Income Growth
+54.60% -31.61% -23.13% -49.15%
Net Margin Growth
+11.61% +7.70% +5.56% +2.88%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.30B 888.20M 682.80M 347.20M
Preferred Dividends
- - - -
-
Net Income Available to Common
1.30B 888.20M 683.60M 347.20M
EPS (Basic)
2.6735 1.8493 1.4274 0.7254
EPS (Basic) Growth
+55.08% -30.83% -22.81% -49.18%
Basic Shares Outstanding
485.80M 480.30M 478.90M 478.60M
EPS (Diluted)
2.6626 1.842 1.4221 0.7233
EPS (Diluted) Growth
+54.86% -30.82% -22.80% -49.14%
Diluted Shares Outstanding
487.80M 482.20M 480.70M 480.00M
EBITDA
2.55B 2.08B 2.24B 2.34B
EBITDA Growth
+4.03% -18.31% +7.73% +4.45%
EBITDA Margin
+22.79% +18.05% +18.27% +19.44%

Snapshot

Average Recommendation HOLD Average Target Price 31.133
Number of Ratings 18 Current Quarters Estimate 0.676
FY Report Date 11 / 2024 Current Year's Estimate 2.586
Last Quarter’s Earnings 0.53 Median PE on CY Estimate N/A
Year Ago Earnings 2.67 Next Fiscal Year Estimate 2.687
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 15 15 15 15
Mean Estimate 0.68 0.73 2.59 2.69
High Estimates 0.72 0.75 2.63 2.76
Low Estimate 0.64 0.70 2.54 2.61
Coefficient of Variance 3.00 2.19 0.97 2.03

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 2 2 2
OVERWEIGHT 1 1 2
HOLD 13 13 14
UNDERWEIGHT 2 2 0
SELL 0 0 0
MEAN Hold Hold Hold

Insider Actions for Conagra Brands Inc. - CAG

Date Name Shares Transaction Value
Jun 5, 2024 Ruth Ann Marshall Director 169,003 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $29.73 per share 5,024,459.19
May 31, 2024 Melissa B. Lora Director 35,197 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 31, 2024 Fran Horowitz-Bonadies Director 19,913 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 31, 2024 Richard H. Lenny Director 180,824 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 31, 2024 Emanuel Chirico Director 52,336 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 31, 2024 Anil Arora Director 14,257 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 31, 2024 George Dowdie Director 16,932 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 31, 2024 Thomas K. Brown Director 42,093 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 31, 2024 Denise A. Paulonis Director 14,867 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 31, 2024 Francisco Fraga Director 10,500 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 29, 2024 Charisse Brock EVP, Chief HR Officer 128,698 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $23 per share 2,960,054.00
May 29, 2024 Charisse Brock EVP, Chief HR Officer 113,254 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $30.37 per share 3,439,523.98
May 29, 2024 Charisse Brock EVP, Chief HR Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 7, 2024 Carey L. Bartell EVP, GC and Corp. Secretary 7,751 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 7, 2024 Carey L. Bartell EVP, GC and Corp. Secretary 6,532 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $30.85 per share 201,512.20
May 7, 2024 Carey L. Bartell EVP, GC and Corp. Secretary N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Conagra Brands Inc. in the News