Analyst Ratings for Conagra Brands Inc. (CAG)

Updated: 2017-07-28

Shares of Conagra Brands Inc. (NYSE:CAG) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, CAG was issued an average rating of Overweight.

Of the 16 analysts covering the stock, 9 gave it a buy rating, 0 issued an overweight rating, 5 issued a hold rating, 1 gave an underweight rating, and 1 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.

Many analysts weighed in on price targets for CAG. The most optimistic price target was 47, implying a possible profit of 37.27 percent. The most pessimistic price target was 28.5, implying potential capital losses of -16.76 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -2.44 percent. The average change in earnings estimates over the last 90 days is -3.6 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.53 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.79 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 4 analysts made negative revisions. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 5 analysts that revised their FY estimates downwards.

Analysts estimate earnings of CAG to grow at a rate of 27.3 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CAG is 0.85.

In the trailing 52-weeks, CAG hit 41.68 at the highest peak, while it's lowest trading point was 32.93. Today's price is 3.98 percent above the 52-week low, and below the high by 17.85 percent. CAG has a P/E ratio of 23.22. Investors typically compare the P/E ratio to a company's peers in the industry. The CAG value stock report compares CAG to some of its peers using value stock charts. The stock has a market capitalization of $14.31 billion. CAG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.