Analysts See $0.31 EPS for Nomad Foods Limited (NOMD)

March 16, 2018 - By Marguerite Chambers

 Analysts See $0.31 EPS for Nomad Foods Limited (NOMD)

Analysts expect Nomad Foods Limited (NYSE:NOMD) to report $0.31 EPS on March, 22 before the open.They anticipate $0.17 EPS change or 121.43 % from last quarter’s $0.14 EPS. NOMD’s profit would be $53.94M giving it 13.31 P/E if the $0.31 EPS is correct. After having $0.29 EPS previously, Nomad Foods Limited’s analysts see 6.90 % EPS growth. The stock decreased 0.78% or $0.13 during the last trading session, reaching $16.51. About 853,385 shares traded. Nomad Foods Limited (NYSE:NOMD) has risen 51.50% since March 16, 2017 and is uptrending. It has outperformed by 34.80% the S&P500.

Nomad Foods Limited (NYSE:NOMD) Ratings Coverage

Among 4 analysts covering Nomad Foods (NYSE:NOMD), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Nomad Foods had 5 analyst reports since June 3, 2016 according to SRatingsIntel. On Friday, June 3 the stock rating was initiated by UBS with “Buy”. The rating was initiated by Suntrust Robinson on Wednesday, April 5 with “Buy”. The rating was maintained by UBS with “Buy” on Friday, August 26. The stock of Nomad Foods Limited (NYSE:NOMD) has “Buy” rating given on Wednesday, April 5 by SunTrust. Deutsche Bank initiated Nomad Foods Limited (NYSE:NOMD) on Wednesday, February 15 with “Buy” rating.

Nomad Foods Limited manufactures and distributes frozen foods primarily in the United Kingdom, Italy, Germany, Sweden, France, and Norway. The company has market cap of $2.87 billion. The company's frozen food products include fish, vegetables, poultry products, and ready meals. It has a 22.52 P/E ratio. It sells its products directly or through distribution arrangements to supermarkets and large food retail chains under the Birdseye, Findus, and Iglo brands.

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