Conagra Brands, Inc. (CAG) Is Back On Track?

MARSHALL RUTH ANN, Director, subtracted 6,717 shares of Conagra Brands, Inc. (CAG) from its portfolio at the rate of $31.00 per share valuing $208,227 on Apr 26. The insider left behind 93,180 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Conagra Brands, Inc. (CAG) was $29.80. Currently, the 1st Resistance Point for this stock is $29.99, with a 2nd Resistance Point sitting at $30.18. Meanwhile, this company’s stock has a 1st Support Level at $29.57 and a 2nd Support Level at $29.34. Conagra Brands, Inc. (CAG) stock has gained $0.15, or 0.51%, in the past five days. In the last full month, these shares have gained $1.69, or 6.01%. In the past three months, this stock’s price has risen by $6.76, or 29.34%. This year-to-date, Conagra Brands, Inc. (CAG) shares have gained $8.44, or 39.51%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Conagra Brands, Inc. (CAG) stock, 40% of short-term indicators suggest that these shares are a “ Hold .” Meanwhile, 75% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Buy .”

With 485,915 K shares outstanding, this company currently has a market capitalization of $14,358,788K. Conagra Brands, Inc. (CAG) generates $7,938 M in annual sales, amounting to annual net income of $808,400 K. This stock has generated a 1-Year Total Return of -21.48%, a 3-Year Total Return of -18.30%, and a 5-year Total Return of 32.92%. This stock’s 5-Year Dividend Growth is -14.14%, with its most recent dividend valued at $0.213 per share on 04/29/19. Its Annual Dividend Yield is 2.85%, and its Annual Dividend Rate is 0.85.

In the most recently-reported fiscal quarter, which ended in Feb-19, Conagra Brands, Inc. (CAG) reported earnings of $0.51 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.49 per share, representing a 0.02 difference and 4.68% surprise. In the previous quarter ending in Nov-18, the reported earnings of $0.67 represented a 0.12 difference from the consensus estimate calling for $0.55 per share, which was a 21.64% surprise.

For the current fiscal quarter, which is set to end in 05/2019, the average earnings estimate is $0.42 per share. This estimate came from a total of 6 Wall Street Analysts. Of those market experts, the high estimate was $0.43 and the low estimate was $0.41. In the year-ago quarter, Conagra Brands, Inc. (CAG) generated per-share earnings of $0.50. If the analysts are correct about the current quarter’s earnings, the growth will be -16.00% .

Turning our focus now to insider trading activity, there have been 14 purchases (77,164 shares in total) and 2 sale (26,870 shares in total) in the last 3 months. In the last 6 months, there have been 18 insider buys amounting to 87,334 shares and 2 insider sales amounting to 26,870 shares. In the past full year, 52 insider purchases were made (involving 856,708 shares) and 27 insider sell-offs equivalent to 387,819 shares.

Moving onto liquidity, Conagra Brands, Inc. (CAG) has a Current Ratio of 0.83, a Quick Ratio of 0.40 and a Cash Ratio of 0.05. Looking at this company’s capital structure, its Total Debt to Total Equity is 103.80, its Total Debt to Total Capital is 50.93, and its Total Debt to Total Assets is now 36.73. Looking even further ahead into the future, its Long-Term Debt to Equity is 87.90 and its Long-Term Debt to Total Capital is 43.13.