Conagra Brands (CAG) underwent significant fluctuations in their stocks, with multiple parties raising, trimming and even cutting their stakes. Despite consistently beating EPS estimates, Analysts slashed price targets which is reflected in the stock performance. The Q4 2024 reports showed a significant beat in the earnings per share yet faced revenue misses and net loss, signaling a challenging consumer environment. Conagra's outlook signals lower annual sales and profits due to tepid demand recovery. Investors have taken notice of this and adjusted their positions in the Conagra stock. Despite the revenue miss and challenging future prospects, Conagra is considered a recession-resilient bargain with a 5% yield. Moreover, Conagra confirms a dividend of $0.35 per quarter, making it appealing for investors seeking steady returns. Negative trends in sales have increased caution amongst investors, reflected in the collective decision of analysts to lower their price targets.
Conagra Brands CAG News Analytics from Thu, 05 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 15:31:59 GMT -
Rating -3
- Innovation -5
- Information 8
- Rumor -7
