Conagra Brands, Inc. (CAG) EPS Estimated At $0.43

June 16, 2018 - By Adrian Mccoy

Conagra Brands, Inc. (NYSE:CAG) LogoInvestors sentiment increased to 0.82 in 2018 Q1. Its up 0.04, from 0.78 in 2017Q4. It is positive, as 42 investors sold Conagra Brands, Inc. shares while 210 reduced holdings. 60 funds opened positions while 146 raised stakes. 286.92 million shares or 4.99% less from 301.99 million shares in 2017Q4 were reported.
Moreover, Federated Investors Inc Pa has 0.03% invested in Conagra Brands, Inc. (NYSE:CAG). Old Mutual (Uk) Limited has invested 0.01% in Conagra Brands, Inc. (NYSE:CAG). Shelton Capital Mngmt has invested 0.11% in Conagra Brands, Inc. (NYSE:CAG). Keating Inv Counselors owns 7,600 shares or 0.13% of their US portfolio. Toronto Dominion Financial Bank stated it has 221,514 shares. First Advsr Ltd Partnership holds 0.07% in Conagra Brands, Inc. (NYSE:CAG) or 873,709 shares. Invesco owns 2.78 million shares or 0.04% of their US portfolio. Convergence Prtnrs Lc holds 0.01% of its portfolio in Conagra Brands, Inc. (NYSE:CAG) for 1,490 shares. Timber Creek Cap Management Ltd holds 650 shares or 0.01% of its portfolio. Great West Life Assurance Com Can accumulated 0.04% or 395,807 shares. Rhumbline Advisers accumulated 0.06% or 744,090 shares. The Illinois-based Peak6 Invs L P has invested 0% in Conagra Brands, Inc. (NYSE:CAG). Cap Fund Sa holds 254,370 shares or 0.06% of its portfolio. Gabelli Funds Limited Liability Co holds 1.15 million shares or 0.25% of its portfolio. Check Mgmt Incorporated Ca owns 6,800 shares or 0.01% of their US portfolio.

Since January 4, 2018, it had 0 insider purchases, and 4 insider sales for $1.76 million activity. Wise Robert G sold $219,285 worth of stock. MARSHALL RUTH ANN had sold 6,046 shares worth $216,810.

Analysts expect Conagra Brands, Inc. (NYSE:CAG) to report $0.43 EPS on July, 5.They anticipate $0.06 EPS change or 16.22 % from last quarter’s $0.37 EPS. CAG’s profit would be $169.22 million giving it 22.38 P/E if the $0.43 EPS is correct. After having $0.61 EPS previously, Conagra Brands, Inc.’s analysts see -29.51 % EPS growth. The stock increased 0.79% or $0.3 during the last trading session, reaching $38.5. About 5.90M shares traded or 109.94% up from the average. Conagra Brands, Inc. (NYSE:CAG) has declined 3.63% since June 16, 2017 and is downtrending. It has underperformed by 16.20% the S&P500.

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

Among 6 analysts covering ConAgra Foods (NYSE:CAG), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. ConAgra Foods had 6 analyst reports since December 22, 2017 according to SRatingsIntel. The company was maintained on Monday, April 2 by Jefferies. The rating was maintained by UBS on Friday, March 23 with “Neutral”. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, April 3 report. JP Morgan maintained the shares of CAG in report on Friday, March 23 with “Overweight” rating. The rating was maintained by Stifel Nicolaus on Friday, December 22 with “Buy”.

Conagra Brands, Inc., together with its subsidiaries, operates as a food firm in North America. The company has market cap of $15.15 billion. The firm operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice divisions. It has a 23.08 P/E ratio. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States.

More news for Conagra Brands, Inc. (NYSE:CAG) were recently published by: Seekingalpha.com, which released: “Pinnacle-ConAgra merger speculation picks up again” on May 21, 2018. Globenewswire.com‘s article titled: “Recent Analysis Shows Conagra Brands, Ekso Bionics, Triton International, Taubman Centers, Delta Air Lines, and …” and published on June 11, 2018 is yet another important article.

Conagra Brands, Inc. (NYSE:CAG) Institutional Positions Chart

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