The recent performance of Conagra Brands CAG has been underwhelming, leading to a 13-year low in the company's stock value. Fourth-quarter results came in below expectations, impacted by intensified inflation, weak consumer demand, tariffs, and suboptimal guidance. Dividends expected to be $0.35 while Bank of New York Mellon Corp reportedly offloaded over 343,000 Conagra shares. Adding to the woes, multiple analysts revised their forecasts for Conagra following disappointing Q4 returns.
The company is grappling with a range of challenges as it attempts to navigate fiscal 2026. Inflation and supply chain issues are impacting volumes and guidance, triggering analysts to further reduce their price targets. Against the backdrop of these challenges, Conagra's strategic pursuits to drive growth through innovation and market share did not hit the expected target, leading to another round of price target reductions.
In addition, Conagra's fiscal 2026 outlook is also cautious as the entity contends with inflation and tariffs. The third quarter revenues missed estimates by $0.03, prompting a further slide in stock prices. Amid the turmoil, the company is expected to maintain its dividend at $0.35, signifying a yield of 6.78%.
Conagra Brands CAG News Analytics from Fri, 04 Jul 2025 13:15:01 GMT to Sat, 12 Jul 2025 20:50:20 GMT - Rating -7 - Innovation -5 - Information 2 - Rumor -5
