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 maximum price target given was 47, implying a possible profit of 37.27 percent. The minimum price target given was 28.5, implying a possible loss of -16.76 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates downwards for this quarter, by about -2.44 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.6 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.53 percent. 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. Over the past month, 0 analysts increased their quarterly estimates, while 4 analysts made negative revisions. During this time, 3 analysts made positive revisions in their estimates for this fiscal year's earnings, while 5 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of CAG to grow at a rate of 27.3 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. CAG has a PEG ratio of 0.85.

In the last 52-weeks, CAG has achieved a high of 41.68 and a low of 32.93. Currently the stock is 3.98 percent higher than its low, and below the high by 17.85 percent. CAG has a price/earnings 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 market cap of CAG is $14.31 billion. CAG will post this quarters earnings in days, on 0000-00-00.