Conagra Brands (NYSE:CAG) Releases FY 2027 Earnings Guidance

Conagra Brands (NYSE:CAG) updated its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.400-1.500 for the period, compared to the consensus EPS estimate of 1.440. The company issued revenue guidance of -.

Conagra Brands Stock Performance

Conagra Brands stock opened at $13.20 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.10 and a quick ratio of 0.31. The firm has a market capitalization of $6.31 billion, a P/E ratio of -3.32 and a beta of 0.02. Conagra Brands has a 1-year low of $12.53 and a 1-year high of $20.32. The company’s 50-day moving average is $15.21 and its 200 day moving average is $14.57.

Conagra Brands (NYSE:CAG) last announced its earnings results on Wednesday, September 30th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.13. The business had revenue of $2.60 billion during the quarter, compared to analyst estimates of $2.59 billion. Conagra Brands had a positive return on equity of 11.46% and a negative net margin of 16.95%.The company’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.39 earnings per share. Conagra Brands has set its FY 2027 guidance at 1.400-1.500 EPS. Research analysts forecast that Conagra Brands will post 1.45 EPS for the current year.

Conagra Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Shareholders of record on Thursday, November 5th will be given a $0.1750 dividend. This represents a $0.70 annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Thursday, November 5th. Conagra Brands’s dividend payout ratio is -17.50%.

Analysts Set New Price Targets

Several analysts have recently weighed in on CAG shares. JPMorgan Chase & Co. lifted their target price on Conagra Brands from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Royal Bank Of Canada restated a “sector perform” rating and issued a $14.00 target price on shares of Conagra Brands in a research note on Thursday. UBS Group raised their target price on shares of Conagra Brands from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, July 16th. Morgan Stanley reduced their target price on shares of Conagra Brands from $15.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Friday, June 5th. Finally, Barclays reaffirmed an “overweight” rating on shares of Conagra Brands in a research note on Friday. One investment analyst has rated the stock with a Buy rating, eleven have given a Hold rating and six have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $14.13.

Key Conagra Brands News

Here are the key news stories impacting Conagra Brands this week:

• Positive Sentiment: Conagra reported fiscal Q1 adjusted earnings of $0.41 per share and revenue of $2.60 billion, exceeding analyst expectations of $0.28 and $2.59 billion, respectively. Resilient demand for pantry staples such as Slim Jim helped support results. Conagra Brands beats first-quarter profit and sales estimates
• Positive Sentiment: Management reaffirmed fiscal 2027 guidance, including adjusted EPS of $1.40 to $1.50, an adjusted operating margin of 10.0% to 10.5%, and organic net sales growth of negative 3% to negative 1%. Barclays also initiated or reiterated a Buy rating, providing some support for the shares. Conagra Brands receives a Buy from Barclays
• Neutral Sentiment: Royal Bank of Canada maintained a Sector Perform rating and set a $14 price target, implying limited upside from the referenced trading level and signaling that analysts remain cautious about the recovery. Royal Bank of Canada reaffirms Sector Perform rating
• Negative Sentiment: Revenue declined 1.4% year over year, while organic sales and volumes weakened. The sales decline overshadowed the profit beat, particularly in the Grocery & Snacks and Refrigerated & Frozen segments, prompting an initial negative reaction in the stock. Conagra shares fall as sales decline
• Negative Sentiment: Operating profit and gross profit fell, free cash flow was negative $128 million, and net debt remained high at approximately $7.4 billion. Analysts also highlighted margin pressure and a difficult turnaround, limiting the benefit of Conagra’s roughly 5% dividend yield and low valuation. Conagra Brands turnaround analysis
• Negative Sentiment: An analyst warned that Conagra’s extensive frozen-food lineup may be cannibalizing its own products in an overcrowded category, raising concerns about innovation, shelf-space efficiency, and future volume growth. TV dinner overload in the frozen-food aisle

Conagra Brands Company Profile

Conagra Brands, Inc is a packaged food company headquartered in Chicago, Illinois. The company develops, produces and markets branded food products sold through grocery stores, mass merchandisers, club stores, convenience stores, foodservice operators and e-commerce channels.

Its portfolio includes frozen, refrigerated, grocery and snack products. Well-known brands include Birds Eye, Healthy Choice, Marie Callender’s, Banquet, Duncan Hines, Reddi-wip, Slim Jim, Hunt’s, Chef Boyardee, Orville Redenbacher’s, Vlasic, PAM and Angie’s BOOMCHICKAPOP.