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Conagra Brands Inc Stock Research

CAG

35.88USD+0.21(+0.59%)Market Closed

Market Summary

USD35.88+0.21
Market Closed
0.59%

CAG Stock Price

CAG RSI Chart

CAG Valuation

Market Cap

19.2B

Price/Earnings (Trailing)

33.31

Price/Sales (Trailing)

1.63

EV/EBITDA

30.55

Price/Free Cashflow

22.12

CAG Price/Sales (Trailing)

CAG Profitability

EBT Margin

6.32%

Return on Equity

7.87%

Return on Assets

3.04%

Free Cashflow Yield

4.52%

CAG Fundamentals

CAG Revenue

Revenue (TTM)

12.0B

Revenue Y/Y

8.3%

Revenue Q/Q

14.07%

CAG Earnings

Earnings (TTM)

681.7M

Earnings Y/Y

38.62%

Earnings Q/Q

592.77%

Price Action

52 Week Range

30.3841.30
(Low)(High)

Last 7 days

-0.6%

Last 30 days

-3.0%

Last 90 days

-6.9%

Trailing 12 Months

15.2%

CAG Financial Health

Current Ratio

0.92

Debt/Equity

1

Debt/Cashflow

0.13

CAG Investor Care

Dividend Yield

3.64%

Dividend/Share (TTM)

1.25

Buy Backs (1Y)

0.05%

Diluted EPS (TTM)

1.41

Peers (Alternatives to Conagra Brands)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
91.4B
31.5B
0.20% 10.51%
33.65
2.9
9.67% -36.81%
46.8B
26.5B
-5.50% 3.91%
19.79
1.77
1.70% 133.50%
24.6B
12.4B
-13.07% -18.53%
24.65
1.98
3.48% 5.62%
19.2B
12.0B
-3.02% 15.18%
33.31
1.63
7.29% -38.13%
16.2B
9.2B
4.90% 28.00%
19.88
1.76
10.54% -11.73%
MID-CAP
5.8B
4.8B
-2.30% 10.65%
25.51
1.21
10.97% 10.77%
3.7B
1.2B
-0.88% 3.46%
30.35
3.15
12.56% 546.17%
SMALL-CAP
1.5B
1.9B
-9.38% -46.93%
33.69
0.83
-1.15% -63.64%
1.1B
2.2B
20.74% -38.65%
-94.61
0.5
5.19% -116.88%
1.1B
418.9M
5.51% -56.16%
-2.93
2.57
-9.85% -101.06%
126.4M
263.4M
10.69% 27.76%
2.77
0.48
5.45% 786.05%
94.8M
136.7M
8.35% -13.96%
824.6
0.69
20.26% -96.88%
78.3M
496.5M
-9.89% -37.05%
-2.72
0.16
17.42% -12.94%
37.9M
-
-5.36% -29.88%
-3.8
0.72
513.44% -38.56%
32.6M
33.1M
- -31.32%
-9.02
0.98
2.77% -346.02%

Financials for Conagra Brands

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.2%12,04111,78711,53611,36511,223
  S&GA Expenses1.4%1,9521,9241,4931,4291,401
EBITDA18.4%7406251,1741,1541,234
EBITDA Margin15.9%0.06*0.05*0.10*0.10*0.11*
Earnings Before Taxes19.6%7616361,0331,0981,179
EBT Margin17.1%0.06*0.05*0.10*0.10*0.11*
Interest Expenses-1.4%-388-382-379-382-388
Net Income18.5%6825758881,0391,102
Net Income Margin16.0%0.06*0.05*0.08*0.09*0.10*
Free Cahsflow-5.6%818866713677707
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.9%22,41422,22022,43522,49922,592
  Current Assets5.6%3,4163,2343,0342,9153,039
    Cash Equivalents-41.1%40.0067.0083.0080.0069.00
  Inventory5.3%2,3482,2291,9671,7671,859
  Net PPE-0.6%2,6882,7052,7372,6562,623
  Goodwill0.0%11,18011,18411,32911,33211,332
Liabilities0.2%13,67613,64313,57313,64613,835
  Current Liabilities-10.5%3,7234,1603,5193,5253,277
.    Short Term Borrowings44.2%366253184363586
  Long Term Debt0%8,8008,8008,800--
    LT Debt, Current-707----
    LT Debt, Non Current-8,088----
Shareholder's Equity1.0%8,6668,5778,7888,7758,757
  Retained Earnings3.5%6,5376,3156,5516,5416,473
  Additional Paid-In Capital1.6%2,3612,3232,3252,3282,317
Accumulated Depreciation3.4%3,3053,1953,1593,0763,091
Shares Outstanding0.0%480480---
Minority Interest-1.4%71.0072.0075.0079.0078.00
Float-15,158----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-6.8%1,2131,3011,1771,1511,189
  Share Based Compensation52.3%71.0047.0026.0050.0047.00
Cashflow From Investing7.6%-372-403-434-401-314
Cashflow From Financing2.9%-871-897-738-753-873
  Dividend Payments1.5%608600582565549
  Buy Backs200.0%15050.0050.0050.00348

Risks for CAG

What is the probability of a big loss on CAG?

43.9%


Probability that Conagra Brands stock will be more than 20% underwater in next one year

19.2%


Probability that Conagra Brands stock will be more than 30% underwater in next one year.

17.3%


Probability that Conagra Brands stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CAG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Conagra Brands was unfortunately bought at previous high price.

Drawdowns

Returns for CAG

Cumulative Returns on CAG

5.6%


10-Year Cumulative Returns

3.4%


7-Year Cumulative Returns

2.4%


5-Year Cumulative Returns

16.3%


3-Year Cumulative Returns

What are the long-term rolling returns for CAG?

FIve years rolling returns for Conagra Brands.

Annualized Returns

Which funds bought or sold CAG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-0.11
53,276
348,276
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-5.96
7,142,980
69,089,000
0.07%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-9.66
410,000
6,162,000
0.03%
2023-03-03
Crumly & Associates Inc.
added
20.11
142,454
479,454
0.18%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
unchanged
-
3,350
19,350
0.01%
2023-02-28
Voya Investment Management LLC
added
6.93
1,884,850
8,914,850
0.01%
2023-02-27
ST GERMAIN D J CO INC
new
-
33,398
33,398
0.01%
2023-02-27
Parallax Volatility Advisers, L.P.
added
78,162
1,936,410
1,938,410
-%
2023-02-24
National Pension Service
reduced
-2.94
3,287,810
28,712,400
0.06%
2023-02-24
NATIXIS
added
662
8,730,490
9,816,490
0.06%

1–10 of 47

Latest Funds Activity

Are funds buying CAG calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CAG
No. of Funds

Conagra Brands News

MarketWatch

Archer Daniels Midland Co. stock falls Wednesday, still outperforms market.

MarketWatch,
4 hours ago

Investor's Business Daily

Nasdaq

InvestorsObserver

Schedule 13G FIlings of Conagra Brands

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
5.7%
27,152,930
SC 13G
Feb 09, 2023
vanguard group inc
11.89%
56,959,935
SC 13G/A
Feb 06, 2023
state street corp
5.16%
24,729,387
SC 13G
Jan 24, 2023
blackrock inc.
9.4%
45,177,290
SC 13G
Jul 08, 2022
capital world investors
4.5%
21,473,493
SC 13G/A
Feb 11, 2022
capital world investors
10.1%
48,259,802
SC 13G/A
Feb 09, 2022
vanguard group inc
11.25%
53,951,894
SC 13G/A
Feb 01, 2022
blackrock inc.
7.2%
34,415,738
SC 13G/A
Feb 16, 2021
capital world investors
12.3%
59,877,551
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
4.7%
23,224,203
SC 13G/A

CAG Fair Value

Conagra Brands fair value in different scenarios

The table shows the Fair Value estimates for Conagra Brands for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

20.10

-43.98%

36.16

0.78%

51.81

44.40%

74.74

108.31%

95.88

167.22%
Current Inflation

19.21

-46.46%

32.81

-8.56%

45.75

27.51%

65.08

81.38%

82.63

130.30%
Very High Inflation

18.06

-49.67%

28.80

-19.73%

38.73

7.94%

54.02

50.56%

67.60

88.41%

Historical Conagra Brands Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Conagra Brands

View All Filings
Date Filed Form Type Document
Mar 03, 2023
4
Insider Trading
Feb 14, 2023
SC 13G
Major Ownership Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 06, 2023
SC 13G
Major Ownership Report
Jan 24, 2023
SC 13G
Major Ownership Report
Jan 10, 2023
4
Insider Trading
Jan 05, 2023
8-K
Current Report
Jan 05, 2023
10-Q
Quarterly Report

Latest Insider Trading transactions for CAG

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-01
MARSHALL RUTH ANN
acquired
30,092
35.85
839
-
2023-01-06
Wise Robert G
sold
-2,045,000
40.9
-50,000
svp, corporate controller
2022-12-01
MARSHALL RUTH ANN
acquired
29,999
37.83
793
-
2022-12-01
Arora Anil
acquired
12,499
37.83
330
-
2022-10-18
Bartell Carey
sold
-221,076
34.5
-6,408
evp, gc and corp. secretary
2022-09-01
Paulonis Denise
acquired
-
-
3,981
-
2022-09-01
Arora Anil
acquired
12,499
34.3
364
-
2022-09-01
MARSHALL RUTH ANN
acquired
30,000
34.3
874
-
2022-08-17
McGough Thomas M
acquired
587,781
27.46
21,405
evp & co-coo
2022-08-17
McGough Thomas M
sold
-757,737
35.4
-21,405
evp & co-coo

1–10 of 50

Sean M. Connolly
18600
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. The Refrigerated & Frozen segment provides temperature-controlled food products in various retail channels in the United States. The International segment offers food products in various temperature states in retail and foodservice channels outside of the United States. The Foodservice segment offers food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The company sells its products under the Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, Angie's BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was incorporated in 1919 and is headquartered in Chicago, Illinois.

CAG Income Statement

2022-11-27
Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Nov. 27, 2022
Nov. 28, 2021
Nov. 27, 2022
Nov. 28, 2021
Net sales$ 3,312.9$ 3,058.9$ 6,217.2$ 5,712.2
Costs and expenses:    
Cost of goods sold2,390.62,304.14,574.64,284.0
Selling, general and administrative expenses372.7345.41,114.3655.5
Pension and postretirement non-service income(6.1)(16.1)(12.2)(32.2)
Interest expense, net100.394.9197.4189.1
Income before income taxes and equity method investment earnings455.4330.6343.1615.8
Income tax expense122.584.2136.9153.9
Equity method investment earnings49.329.598.549.7
Net income382.2275.9304.7511.6
Less: Net income attributable to noncontrolling interests0.30.40.30.7
Net income attributable to Conagra Brands, Inc.$ 381.9$ 275.5$ 304.4$ 510.9
Earnings per share — basic    
Net income attributable to Conagra Brands, Inc. common stockholders, basic (in dollars per share)$ 0.80$ 0.57$ 0.63$ 1.06
Earnings per share — diluted    
Net income attributable to Conagra Brands, Inc. common stockholders, diluted (in dollars per share)$ 0.79$ 0.57$ 0.63$ 1.06

CAG Balance Sheet

2022-11-27
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Nov. 27, 2022
May 29, 2022
ASSETS  
Cash and cash equivalents$ 39.7$ 83.3
Receivables, less allowance for doubtful accounts of $3.7 and $3.9910.5867.4
Inventories2,347.71,966.7
Prepaid expenses and other current assets118.5116.3
Total current assets3,416.43,033.7
Property, plant and equipment5,993.15,896.3
Less accumulated depreciation(3,304.9)(3,159.1)
Property, plant and equipment, net2,688.22,737.2
Goodwill11,180.111,329.2
Brands, trademarks and other intangibles, net3,579.03,857.8
Other assets1,550.31,477.2
Assets, Total22,414.022,435.1
LIABILITIES AND STOCKHOLDERS' EQUITY  
Notes payable365.5184.3
Current installments of long-term debt954.3707.3
Accounts payable1,596.31,864.6
Accrued payroll119.4151.7
Other accrued liabilities687.2610.9
Total current liabilities3,722.73,518.8
Senior long-term debt, excluding current installments8,081.88,088.2
Other noncurrent liabilities1,871.81,965.9
Total liabilities13,676.313,572.9
Common stockholders' equity  
Common stock of $5 par value, authorized 1,200,000,000 shares; issued 584,219,2292,921.22,921.2
Additional paid-in capital2,360.92,324.6
Retained earnings6,536.56,550.7
Accumulated other comprehensive loss(24.6)(11.2)
Less treasury stock, at cost, 107,596,728 and 104,157,169 common shares(3,127.7)(2,997.6)
Total Conagra Brands, Inc. common stockholders' equity8,666.38,787.7
Noncontrolling interests71.474.5
Total stockholders' equity8,737.78,862.2
Liabilities and Equity, Total$ 22,414.0$ 22,435.1