Live Analysis: Conagra Brands, Inc. (CAG) is currently priced at $14.23, marking a gain of 11.5 cents (0.814%) from the previous close of $14.12. The trading volume stands at $4.11 million, showing a 27.65% increase compared to the average.
Performance Streak: CAG has been on a positive streak for six consecutive days, starting at $14.86 and resulting in a price decrease of 62.5 cents (-4.21%).
Earnings Overview: In the latest quarterly earnings report released on Tuesday, March 31st, CAG reported earnings per share of 0.39, slightly below the consensus estimate of 0.4.
Dividends: With a forward dividend yield of 9.83%, CAG distributed a dividend per share of 35 cents MRQ, showing a year-over-year decrease of 25 cents. The TTM dividend per share stands at $1.4.
Cash Flow: The company's operating cash flow for the period was $564.4 million, with a net change in cash of $8.5 million. The ending cash balance was $55.1 million.
Income Statement: CAG generated revenue of $2.79 billion, resulting in a gross profit of $657.7 million. The net income for the period was $199.8 million, translating to earnings per share of 42 cents.
Ratios: Key financial ratios include a net profit margin of 7.17%, return on assets of 1.04, and a price-to-earnings ratio of 11.3.
Balance Sheet: The company's total assets amount to $19.21 billion, with total liabilities at $11 billion. The net debt stands at $6.50 billion.
This comprehensive overview reflects CAG's recent performance and financial standing.
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels in the United States. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels in the United States. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments in the United States. The company sells its products under the Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, Angie's BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera 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 1861 and is headquartered in Chicago, Illinois.