$0.55 EPS Expected for Conagra Brands, Inc. (CAG)
March 15, 2018 – By marketbeat
Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.17, from 0.82 in 2017Q2. It improved, as 53 investors sold Conagra Brands, Inc. shares while 197 reduced holdings. 66 funds opened positions while 181 raised stakes. 310.77 million shares or 1.88% less from 316.73 million shares in 2017Q2 were reported.
Guggenheim Ltd Liability reported 1.48 million shares. Conning Incorporated, a Connecticut-based fund reported 11,236 shares. Stonebridge Advisors Limited Liability Company invested in 0.05% or 6,400 shares. The Ontario – Canada-based Td Asset Mgmt has invested 0.12% in Conagra Brands, Inc. (NYSE:CAG). Commonwealth Equity Ser stated it has 0.01% in Conagra Brands, Inc. (NYSE:CAG). Neuberger Berman Gp Inc owns 7.43 million shares or 0.31% of their US portfolio. Mark Sheptoff Finance Planning Ltd Liability Company owns 300 shares or 0.01% of their US portfolio. First Interstate Bank & Trust reported 1,150 shares. Axa has invested 0.14% of its portfolio in Conagra Brands, Inc. (NYSE:CAG). Old Second State Bank Of Aurora invested in 850 shares. Jefferies Gp Lc holds 169,888 shares or 0.04% of its portfolio. Srb Corp owns 0.02% invested in Conagra Brands, Inc. (NYSE:CAG) for 5,133 shares. Bp Public Limited Com accumulated 54,000 shares. Johnson Counsel Inc reported 15,659 shares. Schroder Investment Mgmt Gru invested in 0% or 62,688 shares.
Since October 13, 2017, it had 0 insider buys, and 2 insider sales for $5.47 million activity. 133,869 shares were sold by Batcheler Colleen, worth $4.59 million.
Analysts expect Conagra Brands, Inc. (NYSE:CAG) to report $0.55 EPS on March, 22 before the open.They anticipate $0.07 EPS change or 14.58 % from last quarter’s $0.48 EPS. CAG’s profit would be $220.37M giving it 17.03 P/E if the $0.55 EPS is correct. After having $0.55 EPS previously, Conagra Brands, Inc.’s analysts see 0.00 % EPS growth. The stock decreased 1.50% or $0.57 during the last trading session, reaching $37.46. About 2.96 million shares traded. Conagra Brands, Inc. (NYSE:CAG) has risen 8.39% since March 15, 2017 and is uptrending. It has underperformed by 8.31% the S&P500.
Conagra Brands, Inc. (NYSE:CAG) Ratings Coverage
Among 14 analysts covering ConAgra Foods (NYSE:CAG), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. ConAgra Foods had 46 analyst reports since September 16, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Wednesday, August 30 report. As per Tuesday, March 21, the company rating was downgraded by Bernstein. The stock of Conagra Brands, Inc. (NYSE:CAG) has “Sector Perform” rating given on Friday, July 1 by RBC Capital Markets. The rating was maintained by Stifel Nicolaus on Thursday, August 31 with “Hold”. As per Friday, September 25, the company rating was maintained by Deutsche Bank. The rating was maintained by Citigroup on Friday, April 8 with “Neutral”. The company was maintained on Friday, April 8 by Deutsche Bank. The stock of Conagra Brands, Inc. (NYSE:CAG) has “Hold” rating given on Tuesday, December 12 by UBS. JP Morgan maintained the stock with “Overweight” rating in Wednesday, April 6 report. The firm has “Sell” rating by UBS given on Friday, June 30.
Conagra Brands, Inc., together with its subsidiaries, operates as a food firm in North America. The company has market cap of $15.01 billion. The firm operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice divisions. It has a 22.46 P/E ratio. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States.
More recent Conagra Brands, Inc. (NYSE:CAG) news were published by: Seekingalpha.com which released: “Conagra Brands: Good Buy Vs. Good Long-Term Holding” on March 09, 2018. Also Prnewswire.com published the news titled: “Conagra Brands Enters Into Definitive Agreement With Bonduelle Group To Sell …” on February 20, 2018. Prnewswire.com‘s news article titled: “Conagra Brands And The JM Smucker Company Terminate Agreement For Sale Of …” with publication date: March 06, 2018 was also an interesting one.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.