Nomad FoodsNOMD
About: Nomad Foods Ltd is a packaged foods company that is involved in the business of manufacturing and distribution of branded frozen foods in Western Europe. The company manufactures and markets frozen food products such as fish, vegetables, poultry, Ice Cream and ready meals like pizza. It sells its products through large grocery retailers under the brand Birds Eye in the United Kingdom and Ireland, Findus in Italy, France, Spain, and Scandinavia, and Iglo in Germany and other continental markets. The company operates through a single segment being Frozen. The majority of the revenue is generated from the United Kingdom.
Employees: 7,788
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
67% more call options, than puts
Call options by funds: $648K | Put options by funds: $388K
24% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 25
2% more funds holding
Funds holding: 187 [Q3] → 190 (+3) [Q4]
1.66% less ownership
Funds ownership: 74.22% [Q3] → 72.56% (-1.66%) [Q4]
12% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 68
14% less capital invested
Capital invested by funds: $2.31B [Q3] → $1.99B (-$319M) [Q4]
43% less funds holding in top 10
Funds holding in top 10: 7 [Q3] → 4 (-3) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Mizuho John Baumgartner 38% 1-year accuracy 6 / 16 met price target | 43%upside $26 | Outperform Maintained | 4 Mar 2025 |
Barclays Lauren Lieberman 64% 1-year accuracy 56 / 87 met price target | 27%upside $23 | Overweight Maintained | 3 Mar 2025 |
Financial journalist opinion
Based on 22 articles about NOMD published over the past 30 days
