Conagra Brands, Inc. (CAG) Analysts See $0.52 EPS

December 8, 2017 - By Dolores Ford

 Conagra Brands, Inc. (CAG) Analysts See $0.52 EPS
Investors sentiment decreased to 0.82 in 2017 Q2. Its down 0.27, from 1.09 in 2017Q1. It is negative, as 60 investors sold Conagra Brands, Inc. shares while 222 reduced holdings. 63 funds opened positions while 168 raised stakes. 316.73 million shares or 0.39% more from 315.51 million shares in 2017Q1 were reported.
Kcm Limited Liability Co holds 29,746 shares. Magnetar Ltd Limited Liability Company has invested 0.02% of its portfolio in Conagra Brands, Inc. (NYSE:CAG). Mufg Americas Holding Corporation owns 13,810 shares. Wagner Bowman Mngmt invested 0.09% of its portfolio in Conagra Brands, Inc. (NYSE:CAG). Foster & Motley holds 0.06% or 8,950 shares in its portfolio. Allen Inv Mgmt Ltd invested 0.02% of its portfolio in Conagra Brands, Inc. (NYSE:CAG). Pioneer Investment stated it has 531,456 shares. Ontario Teachers Pension Plan Board holds 195,678 shares or 0.08% of its portfolio. Cetera Advisor stated it has 18,692 shares. Private Tru Comm Na owns 33,445 shares for 0.26% of their portfolio. Ls Advisors Llc, a Michigan-based fund reported 20,827 shares. Moreover, Huntington Bank & Trust has 0.01% invested in Conagra Brands, Inc. (NYSE:CAG) for 11,252 shares. Riverhead Capital Management Ltd Limited Liability Company stated it has 0.2% of its portfolio in Conagra Brands, Inc. (NYSE:CAG). First Eagle Inv Mngmt Ltd Liability Co invested 0% in Conagra Brands, Inc. (NYSE:CAG). 6,575 were reported by Wellington Shields Comm Llc.

Analysts expect Conagra Brands, Inc. (NYSE:CAG) to report $0.52 EPS on December, 28.They anticipate $0.03 EPS change or 6.12 % from last quarter’s $0.49 EPS. CAG’s profit would be $212.43 million giving it 17.91 P/E if the $0.52 EPS is correct. After having $0.46 EPS previously, Conagra Brands, Inc.’s analysts see 13.04 % EPS growth. The stock increased 0.46% or $0.17 during the last trading session, reaching $37.25. About 3.61M shares traded or 7.70% up from the average. Conagra Brands, Inc. (NYSE:CAG) has risen 8.39% since December 8, 2016 and is uptrending. It has underperformed by 8.31% the S&P500.

Conagra Brands, Inc. (NYSE:CAG) Ratings Coverage

Among 13 analysts covering ConAgra Foods (NYSE:CAG), 8 have Buy rating, 2 Sell and 3 Hold. Therefore 62% are positive. ConAgra Foods had 42 analyst reports since September 16, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $45.0 target in Friday, September 29 report. The stock of Conagra Brands, Inc. (NYSE:CAG) earned “Hold” rating by Deutsche Bank on Friday, April 8. The firm has “Buy” rating by Citigroup given on Wednesday, January 11. The stock of Conagra Brands, Inc. (NYSE:CAG) earned “Overweight” rating by JP Morgan on Wednesday, September 23. The rating was maintained by Deutsche Bank on Friday, September 23 with “Hold”. JP Morgan reinitiated it with “Overweight” rating and $55 target in Wednesday, November 9 report. On Wednesday, July 27 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by Jefferies with “Buy” on Thursday, July 6. Stifel Nicolaus maintained it with “Hold” rating and $3600 target in Monday, July 24 report. UBS maintained the stock with “Sell” rating in Friday, June 30 report.

Conagra Brands, Inc., together with its subsidiaries, operates as a food firm in North America. The company has market cap of $15.22 billion. The firm operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice divisions. It has a 26.78 P/E ratio. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States.

More important recent Conagra Brands, Inc. (NYSE:CAG) news were published by: Nasdaq.com which released: “Conagra Brands (CAG) Looks Bullish on Robust Growth Drivers” on November 22, 2017, also Seekingalpha.com published article titled: “Conagra Brands: One To Watch”, Prnewswire.com published: “Conagra Brands Issues 2017 Citizenship Report” on December 07, 2017. More interesting news about Conagra Brands, Inc. (NYSE:CAG) was released by: Prnewswire.com and their article: “Conagra Brands Partners With Chance The Rapper’s Nonprofit, SocialWorks, To …” with publication date: November 28, 2017.

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