Past Quarters Analysis for ConAgra Foods, Inc. (NYSE:CAG)

37

ConAgra Foods, Inc. (NYSE:CAG) moved down -0.14% and closed its last trading session at $41.42. This Consumer Staples Sector stock currently has the Market Capitalization of 18.03 Billion. The Average Volume for the stock is measured as 3.05 Million. The Stock has a 52-Week High of $41.68 and 52-Week Low of $33.08 following the dates, it touched its 52-Week High on Mar 1, 2017 and 52-Week Low on Sep 21, 2016. Currently, the Return on Assets value for the trailing twelve months is 4.9% with the Return on Equity and Return on Investment of 16.1% and 7.3% respectively. This firm currently has YTD (year to date) performance of 5.26 Percent which is awesome. The Short Ratio for the stock is 1.5.

ConAgra Foods, Inc. (NYSE:CAG) Price to Earnings (P/E) ratio is 40.81. EPS or Earning per Share stands at $1.02. The TTM operating margin is 9.2 percent.

ConAgra Foods, Inc. (NYSE:CAG) reports its Earnings on Thu 23 Mar (In 4 Days). The estimated EPS for the current quarter is said to be $0.45. Following Earnings result, share price were UP 16 times out of last 28 Qtrs. The stock has added about 9% since it reported its last earnings. The Closing price of ConAgra Foods, Inc. (NYSE:CAG) at Last Earnings was $38 as compared to the previous closing price of $41.48. The Predicted Move on the 7th day after ConAgra Foods, Inc. (NYSE:CAG) will release its earnings at about 3%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, ConAgra Foods, Inc. (NYSE:CAG) beats earnings by 58%, The Stock Missed Earnings  2  times and has met earnings  3  times.

Earnings History:

We will discuss the past Quarters Earnings below:

ConAgra Foods, Inc. (NYSE:CAG) reported its previous quarter on 12/22/2016 where it reported the Actual Earnings of $0.49. The Closing price before the company posted its earnings was $38. The Stock surged on the very next day of earnings and maintained its stock price at $39.29 by showing a % change of 3.39 percent from its previous closing price. The Next Day Volume after Earnings was reported as 5.73 Million. On the 7th day After Earnings Report, the stock hit its share price as $39.54 by showing 4.05% increase from the Stock price Before Earnings were reported.

On 09/29/2016, the stock reported the EPS of $0.37 where Analysts were projecting the EPS to be $0.48 showing a difference of $-0.11. Thus Surprise Factor was there with -22.9 percent. Before Earnings Announcement on 09/29/2016, the firm had its stock price of $42.9. And immediately on the next day after earnings announcement, the stock inclined 7.25% and closed its trading session at $46.01. On 7th Day after earnings release, ConAgra Foods, Inc. (NYSE:CAG) surged to 9.32% from $42.9 to $46.9.

On 06/30/2016, Analysts were suspecting EPS of $0.52/share where ConAgra Foods, Inc. (NYSE:CAG) reported its Actual EPS of $0.52. Thus showing a Surprise of 0 percent. The Closing Price of the stock before earnings was $47.09 while on the Next day the stock closed its trading session at $47.3 with a percentage change of 0.45% from the price of 47.09 before Earnings. The Stock Closing Price on the 7th day of earnings was $47.

Company Profile:

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.