Conagra Brands
About: Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of fiscal 2024 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. The company primarily sells through the US retail channel, with just 9% of fiscal 2024 revenue coming from international markets and 10% from foodservice.
Employees: 18,500
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
133% more call options, than puts
Call options by funds: $140M | Put options by funds: $59.8M
11% more first-time investments, than exits
New positions opened: 109 | Existing positions closed: 98
9% more capital invested
Capital invested by funds: $12B [Q2] → $13.1B (+$1.08B) [Q3]
0% more funds holding
Funds holding: 853 [Q2] → 853 (+0) [Q3]
4.22% less ownership
Funds ownership: 88.63% [Q2] → 84.42% (-4.22%) [Q3]
11% less repeat investments, than reductions
Existing positions increased: 285 | Existing positions reduced: 322
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$28
8%
upside
Avg. target
$29
14%
upside
High target
$32
24%
upside
5 analyst ratings
1 positive
20%
4 neutral
80%
0 negative
0%
JP Morgan Ken Goldman 27% 1-year accuracy 3 / 11 met price target | 12%upside $29 | Neutral Maintained | 3 Jan 2025 |
Barclays Andrew Lazar 42% 1-year accuracy 8 / 19 met price target | 24%upside $32 | Overweight Maintained | 23 Dec 2024 |
B of A Securities Bryan Spillane 29% 1-year accuracy 6 / 21 met price target | 12%upside $29 | Neutral Maintained | 20 Dec 2024 |
RBC Capital Nik Modi 19% 1-year accuracy 7 / 36 met price target | 12%upside $29 | Sector Perform Reiterated | 20 Dec 2024 |
Wells Fargo Chris Carey 40% 1-year accuracy 17 / 43 met price target | 8%upside $28 | Equal-Weight Maintained | 20 Dec 2024 |
Financial journalist opinion
Based on 16 articles about CAG published over the past 30 days
Negative
Zacks Investment Research
18 hours ago
New Strong Sell Stocks for January 20th
BIDU, APAM and CAG have been added to the Zacks Rank #24 (Strong Sell) List on January 20, 2025.
Neutral
The Motley Fool
1 day ago
5 Ultra-Safe High-Yield Dividend Stocks to Buy Even if There's a Stock Market Sell-Off in 2025
Five-year, 10-year, and multi-decade charts of market movements all show that stock market sell-offs happen. No one knows when they'll begin, how severe the downturn will be, or how long they'll last.
Positive
Benzinga
5 days ago
Wall Street's Most Accurate Analysts Give Their Take On 3 Defensive Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Neutral
Accesswire
1 week ago
CAG ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Conagra Brands, Inc.
NEW YORK, NY / ACCESSWIRE / January 10, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Conagra Brands, Inc. ("Conagra Brands, Inc.") (NYSE:CAG) concerning possible violations of federal securities laws. On October 2, 2024, Conagra reported 1Q 2025 financial results that reported a decrease in net sales.
Neutral
Accesswire
1 week ago
Conagra Brands, Inc. Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - CAG
NEW YORK, NY / ACCESSWIRE / January 9, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Conagra Brands, Inc. ("Conagra Brands, Inc.") (NYSE:CAG) concerning possible violations of federal securities laws. On October 2, 2024, Conagra reported 1Q 2025 financial results that reported a decrease in net sales.
Positive
Seeking Alpha
1 week ago
Buy 6 'Safer' Dividend Dogs Of 23 January Barron's Better Bets Than T-Bills
Seven of the ten lowest-priced BBB Dogs, including Altria, Pfizer, and Verizon, are ready to buy, with dividends from $1K invested exceeding single share prices. Analysts project 16.27% to 32.98% net gains by January 2026 for the top-ten BBB Dogs, with LyondellBasell leading at 32.98%. Six of the top ten BBB Dogs are ideally priced, with dividends from $1K invested exceeding single share prices, meeting the dogcatcher ideal.
Neutral
Accesswire
1 week ago
Levi & Korsinsky Investigates Possible Securities Fraud Violations by Conagra Brands, Inc. -(CAG)
NEW YORK, NY / ACCESSWIRE / January 8, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Conagra Brands, Inc. ("Conagra Brands, Inc.") (NYSE:CAG) concerning possible violations of federal securities laws. On October 2, 2024, Conagra reported 1Q 2025 financial results that reported a decrease in net sales.
Neutral
Accesswire
1 week ago
Conagra Brands, Inc. Being Investigated on Behalf of Conagra Brands, Inc. Investors. Contact Levi & Korsinsky For Details.
NEW YORK, NY / ACCESSWIRE / January 7, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Conagra Brands, Inc. ("Conagra Brands, Inc.") (NYSE:CAG) concerning possible violations of federal securities laws. On October 2, 2024, Conagra reported 1Q 2025 financial results that reported a decrease in net sales.
Neutral
Accesswire
2 weeks ago
Conagra Brands, Inc. Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - CAG
NEW YORK, NY / ACCESSWIRE / January 6, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Conagra Brands, Inc. ("Conagra Brands, Inc.") (NYSE:CAG) concerning possible violations of federal securities laws. On October 2, 2024, Conagra reported 1Q 2025 financial results that reported a decrease in net sales.
Neutral
Accesswire
2 weeks ago
Shareholder Rights Advocates at Levi & Korsinsky Investigate Conagra Brands, Inc. (CAG) Regarding Possible Securities Fraud Violations
NEW YORK, NY / ACCESSWIRE / January 3, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Conagra Brands, Inc. ("Conagra Brands, Inc.") (NYSE:CAG) concerning possible violations of federal securities laws. On October 2, 2024, Conagra reported 1Q 2025 financial results that reported a decrease in net sales.
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