Conagra Brands Inc (NYSE: CAG) has reported earnings for its second fiscal quarter (ending November 30) of $0.60 versus $0.60 for the same period a year ago — flat performance. For the latest four quarters through November 30, E.P.S. were $1.03 versus $2.07 for the same period a year ago — a decline of -50%.
Recent Price Action
Conagra Brands Inc (NYSE: CAG) stock declined by -2.0% on 12/19/24. The shares closed at $26.81. Moreover, this decline was accompanied by unusually high trading volume at 170% of normal. The stock has performed in line with the market over the last nine months and has declined -3.3% during the last week.
Current PriceTarget Research Rating
Conagra Brands has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Conagra Brands has a neutral Power Rating of 50 and a neutral Appreciation Score of 52, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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