NYSE:CAG (USA) Also Trade In: Brazil Germany UK

Conagra Brands Inc $ 33.86 -0.19 (-0.56%)

Volume:
4,462,785
Avg Vol (1m):
3,565,977
Market Cap $:
16.54 Bil
Enterprise Value $:
25.82 Bil
P/E (TTM):
14.92
P/B:
1.98
Warning! GuruFocus has detected 1 Medium warning sign with CAG. Click here to check it out.
5D 3M YTD 1Y 5Y 10Y All 10Y (-%)

CAG News and Headlines - Conagra Brands Inc

GuruFocus Articles Total 169
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 9

Insiders load up on Conagra Brands, Generation Bio, Affirm Holdings and Driven Brands

The largest insider buys this week were for Conagra Brands Inc. (CAG), Generation Bio Co. (GBIO), Affirm Holdings Inc. (AFRM) and Driven Brands Holdings Inc. (DRVN).

Conagra Brands director bought 10,000 shares

Director Richard H. Lenny bought 10,000 shares of Conagra Brands (CAG) on Jan. 8 for an average price of $33.7. The share price has increased by 0.47% since then.

Conagra Brands is an American packaged food company that manufactures and distributes products under brands such as Hunt's, Healthy Choice, Orville Redenbacher's and Slim Jim. Its products are distributed through supermarkets and restaurants. The company has a market capitalization

220 Views    Shuda Xia    2021-01-16 22:01
The stock trades below both its historical valuation and its GF Value

Like many consumer staples stocks, Conagra Brands Inc. (CAG) has seen surging growth in its business that is directly tied to the Covid-19 pandemic. With consumers having limited dine-in eating options due to social distancing restrictions since early last year, more meals have been consumed at home.

The benefit from this occurrence is seen directly in Conagra's results. Sales are higher by an average of almost 15% over the past three quarters while earnings per share have increased by 59% during this same period of time. These results since the start of the pandemic show that consumers are flocking to

542 Views    Nathan Parsh    2021-01-12 19:18
Strength in the company's retail segment outweighed reduced foodservice demand

Conagra Brands Inc. (CAG) released its second-quarter 2021 financial results before the market opened on Jan. 7. Both earnings and revenue edged past FactSet's consensus estimates thanks to robust digital performance as well strong demand in the retail business. Partly offsetting the growth was reduced foodservice demand.

Performance at a glance

The American packaged foods company recorded adjusted earnings of 81 cents per share, up 29% from the prior-year quarter. Analysts had anticipated earnings of 74 cents. Revenue of $3 billion grew 6% year-over-year and also surpassed projections of $2.99 billion. Stripping out the impact from mergers, acquisitions and currency

43 Views    Mayank Marwah    2021-01-07 19:28
Conagra Brands Inc tops the list

When screening the market in search of value opportunities, one method is to look for stocks whose trailing 12-month price-to-free-cash-flow ratios are low compared to that of the S&P 500 index, which stands at around 17.33 as of the writing of this article. In my opinion, these stocks are more likely to be selling at a compelling price.

Thus, investors may want to consider the following three stocks, as they meet the above criteria and are recommended by Wall Street.

Conagra Brands Inc

The first stock to consider is Conagra Brands Inc (CAG), a Chicago, Illinois-based supplier of shelf

68 Views    Alberto Abaterusso    2020-12-09 16:23
Most of these consumer packaged goods stocks are fairly valued based on the GF Value Line

With Thanksgiving once again upon us, investors may want to consider looking at companies that profit from the holiday that brings family and friends together.

According to NCSolutions, total Thanksgiving spending is projected to be about the same as in 2019 despite the Covid-19 pandemic keeping gatherings smaller across the country and pushing prices for some key staples higher.

As of Nov.25, the GuruFocus All-in-One screener, a Premium feature, found packaged foods companies that profit from the annual feast of gratitude include Conagra Brands Inc. (CAG), Campbell Soup Co. (CPB), Hormel Foods Corp. (HRL), The Kraft Heinz Co.

615 Views    Sydnee Gatewood    2020-11-25 22:39
The company topped expectations on revenue and earnings

Shares of Tyson Foods Inc. (TSN) rose marginally following the announcement of its most recent quarterly results on Monday. The company posted revenue and earnings that beat analysts' expectations.

The Springdale, Arkansas-based company said demand for pork and beef soared during the fourth quarter while Covid-19-related costs also came in lower than expected for the year. Shares of the company remain 29% lower this year, which indicates a potential opportunity for growth.

The company's stock also trades below the Peter Lynch earnings line, which suggests a potential case of undervaluation.

Highlights from

122 Views    Nicholas Kitonyi    2020-11-17 19:54
Firm increasingly adds to IT holding

Jana Partners (Trades, Portfolio) has revealed another addition to its holding of government contractor and IT specialist Perspecta Inc. (PRSP).

The activist firm was founded by Barry Rosentein in 2001 and takes a value-orientated approach to investing. The team seeks companies that are undergoing or are expected to undergo changes driven by certain events. They seek to aid value creation by becoming an actively involved shareholder.

According to GuruFocus' Real-Time Picks, the firm purchased an additional 1.96 million shares to add 16.53% to its holding on Oct. 12. The holding was re-established earlier this year after

151 Views    Graham Griffin    2020-10-20 19:06
Activist firm continues to reduce stake in the industrial company

Jana Partners (Trades, Portfolio) has revealed another reduction in its holding of HD Supply Holdings Inc. (HDS) according to GuruFocus Real-Time Picks.

The investment management firm specializes in event-driven investing and was founded in 2001 by Barry Rosenstein. The firm typically applies a fundamental value discipline to identify undervalued companies that have one or more specific catalysts to unlock value.

The firm initially acquired HD Supply back in 2014 and has continually sold shares since the third quarter of 2017. On Oct. 2, the firm sold an additional 517,064 shares for an overall reduction of 38.01%

123 Views    Graham Griffin    2020-10-15 20:06
Activist firm further reduces holding in industrial distributor

Investment firm Jana Partners (Trades, Portfolio) revealed last week it trimmed its position in HD Supply Holdings Inc. (HDS) by 38.01%.

With a value-oriented, event-driven approach to picking stocks, the New York-based firm founded in 2001 by Barry Rosenstein often enters activist positions in order to help unlock value for shareholders.

Having already curbed the holding by 25.23% in the second quarter, GuruFocus Real-Time Picks, a Premium feature, showed the activist firm divested of another 517,064 shares of the Atlanta-based company on Oct. 2, impacting the equity portfolio by -2.03%. The stock traded for an average

107 Views    Sydnee Gatewood    2020-10-05 16:02
The most recent quarter showed how well the company can perform under more normalized operating conditions

Several consumer staple companies have reported quarterly results recently, and many of them beat expectations for both revenue and earnings. These companies include General Mills Inc. (GIS), McCormick & Co. (MKC) and Conagra Brands Inc. (CAG).

It is PepsiCo Inc. (PEP), however, that appears to have had the best quarter thus far among consumer staple stocks that have already reported results this earnings season.

Quarterly highlights

PepsiCo reported earnings results for the third quarter on Oct. 1. Following a decline in the previous quarter due to the Covid-19 pandemic, the company saw a return to growth this time around.

169 Views    Nathan Parsh    2020-10-02 18:46
Strength in the company's retail segment outweighed reduced foodservice demand

Conagra Brands Inc. (CAG) released its first-quarter fiscal 2021 financial results before the market opened on Oct. 1. Both earnings and revenue edged past FactSet consensus estimates thanks to robust digital performance as well strong demand in the retail business. Partly offsetting the growth was reduced foodservice demand.

Performance at a glance

The American packaged food company recorded adjusted earnings per share of 70 cents, up 62.8% from the prior-year quarter. Analysts had anticipated EPS of 57 cents. Revenue of $2.7 billion jumped 12.1% year-over-year and also surpassed projections of $2.61 billion. Stripping out the impact from mergers, acquisitions and

36 Views    Mayank Marwah    2020-10-02 14:34
A look at Conagra's most recent quarter

Conagra Brands, Inc (CAG) recently reported earnings results that easily topped what analysts had been looking for both on the top and bottom lines. The company also announced a dividend increase of almost 30%.

Better than expected earnings combined with an extremely high dividend yield make me very bullish on the company. Let's dig into the results to see why.

Quarterly highlights

Conagra, which is the maker of brands such as Hunts, Birds Eye, Slim Jim and Vlasic pickles, announced earnings results for its first quarter of fiscal 2021 on Oct. 1 (the company's fiscal year ends May 31).

166 Views    Nathan Parsh    2020-10-02 14:19
Activist firm adds to 2nd-largest holding

Investment firm Jana Partners (Trades, Portfolio) revealed last week it boosted its stake in Perspecta Inc. (PRSP) by 26.96%.

Taking a value-oriented, event-driven approach to picking stocks, the New York-based firm founded in 2001 by Barry Rosenstein often enters activist positions in order to help unlock value for shareholders.

While the firm initially started buying the stock in the first quarter, it filed for permission to not disclose the position until the second quarter. In June, the investment firm said it plans to push for changes at the company, which provides information technology solutions to U.S. government

185 Views    Sydnee Gatewood    2020-09-15 17:00
Activist firm curbs position in Outback Steakhouse owner

Investment firm Jana Partners (Trades, Portfolio) revealed earlier this week it pared its stake in Bloomin' Brands (BLMN) by 22.14%.

The New York-based firm, which was founded in 2001 by Barry Rosenstein, takes a value-oriented, event-driven approach to picking stocks, often entering activist positions in order to help unlock value for shareholders.

Having already reduced the position by 7.92% in the second quarter, GuruFocus Real-Time Picks, a Premium feature, showed the activist firm sold another 1.63 million shares of the Tampa, Florida-based restaurant holding company on Sept. 1, impacting the equity portfolio by -2.46%. The stock

165 Views    Sydnee Gatewood    2020-09-10 16:59
Guru stock highlight

ConAgra Brands, Inc. (CAG) (0.8%) (CAG – $35.17 – NYSE) headquartered in Chicago, Illinois, is a manufacturer and marketer of food products with brands including Healthy Choice meals, Hebrew National hot dogs, Orville Redenbacher's popcorn, PAM cooking spray, Reddi-whip and Slim Jim. The company has undergone tremendous change since CEO Sean Connolly, formerly of Hillshire, took over in 2015 as it sold non-core businesses and acquired Pinnacle Foods in October 2018. ConAgra is focusing on better innovation and marketing, especially in on-trend health and wellness areas including plant-based products utilizing its Birds Eye and Gardein brands. ConAgra is expected

8 Views    Sydnee Gatewood    2020-08-20 20:15
Discussion of markets and holdings

To Our Shareholders,

For the quarter ended June 30, 2020, the net asset value (NAV) per Class AAA Share of The Gabelli Asset Fund increased 17.5% compared with an increase of 20.5% for the Standard & Poor's (S&P) 500 Index. Other classes of shares are available. See page 2 for additional performance information for all classes.

Introduction: 2020 Visibility Limited?

Extraordinary times require renewed focus on what we and all fundamental investors practice in some form or another: the estimation of the value of a security based upon a forecast of its future cash flows. Such an exercise requires views

69 Views    Sydnee Gatewood    2020-08-20 20:06
The company delivered a solid result backed by growth in the frozen food and staples segments

The Covid-19 pandemic has adversely impacted the food-service industry, and the corresponding benefit with respect to consumer demand has been enjoyed by packaged food companies. Frozen and canned foods, in particular, have seen a sharp spike in demand owing to the higher shelf life and the convenience associated with eating at home.

Conagra Brands, Inc. (CAG) is one of the large players within this space to have benefitted from the situation and delivered an excellent result. The company continues to have a strong upside, in my opinion, with an expected surge across the frozen foods and staples segments and solid

30 Views    Ishan Majumdar    2020-07-10 14:23
Strength in the company's retail segment offset the underperforming foodservice segment

Conagra Brands Inc. (CAG) released its fourth-quarter 2020 financial results before the market opened on June 30. Both earnings and revenue topped analysts’ expectations thanks to robust digital performance, significant consumer trials and strong replacement sales.

Performance at a glance

Conagra recorded adjusted earnings of 75 cents per share, up 120% from the prior-year quarter. Analysts had anticipated earnings of 65 cents per share. Revenue of $3.3 billion jumped 25.8% and also surpassed projections. Organic net sales increased 21.5%.

The gross profit amounted to $923 million, reflecting a gain of 30.3% year over year due to the cost synergies related

41 Views    Mayank Marwah    2020-06-30 16:19
Micron gains on earnings beat

U.S. Markets

U.S. stocks were in the green on Tuesday, with consumer confidence for June up to 98.1 this month from a revised 85.9 in May. The Dow Jones Industrial Average gained 0.35% to 25,684, the S&P 500 index rose 0.93% to 3,081 and the Nasdaq Composite Index climbed 1.32% to 10,004.

Gainers

  • Freeport-McMoRan Inc. (FCX) +4.5%
  • Conagra Brands Inc. (CAG) +3.4%
  • Newmont Corp. (NEM) +3.4%
  • Invesco Ltd. (IVZ) +2.7%
  • Cooper Companies Inc. (COO) +2.1%

Losers

  • Boeing Co. (BA)​ -5.86%
  • Coty Inc. (COTY)​ -5.27%
  • HollyFrontier Corp. (HFC) -1.51%
  • Alaska Air Group Inc. (ALK) -2.33%
  • Under Armour
67 Views    Omar Venerio    2020-06-30 15:56
Activist firm reduces holding of golf equipment manufacturer

Investment firm Jana Partners (Trades, Portfolio) revealed late last week it pared its stake in Callaway Golf Co. (ELY) by 8.11%.

The New York-based firm, which was founded in 2001 by Barry Rosenstein, takes a value-oriented, event-driven approach to picking stocks, often entering activist positions in order to help unlock value for shareholders.

Having already slashed the position by 17.32% in the first quarter, GuruFocus Real-Time Picks, a Premium feature, showed the activist firm sold another 527,052 shares of the Carlsbad, California-based sporting goods company

156 Views    Sydnee Gatewood    2020-06-15 16:00

Headlines Total 276
  • 1
  • 2
  • 3

2021-01-16
4:01pm
2021-01-12 $ 32.91 (-0.57%)
1:18pm
2021-01-07 $ 33.78 (-5.46%)
3:39pm
1:28pm
12:53pm
11:01am
2021-01-04 $ 35.99 (-0.74%)
12:01pm
7:42am
2020-12-18 $ 36.12 (-0.14%)
6:33am
2020-12-16 $ 35.58 (-0.25%)
7:47am
2020-12-15 $ 35.67 (0.11%)
8:54am
8:51am
2020-12-14 $ 35.63 (0.79%)
5:20pm
7:52am
2020-12-11 $ 35.35 (-0.06%)
8:08am
2020-12-09 $ 35.71 (0.03%)
10:23am
2020-12-08 $ 35.7 (0.93%)
7:34am
2020-12-03 $ 35.38 (0.6%)
8:38am
2020-11-25 $ 35.76 (1.13%)
4:39pm
2020-11-04 $ 36.29 (0.11%)
8:34am
2020-11-02 $ 35.6 (1.45%)
10:10am
2020-10-23 $ 38 (0.93%)
10:31am
8:14am
2020-10-13 $ 37.94 (-0.18%)
9:28am
9:24am
2020-10-12 $ 38.01 (1.85%)
10:02am
2020-10-08 $ 37.38 (1.44%)
8:02pm
2020-10-06 $ 36.85 (-0.67%)
10:04am
10:03am
2020-10-05 $ 37.1 (0.6%)
9:45am
2020-10-02 $ 36.88 (2.82%)
9:34am
9:19am
8:50am
7:59am
2020-10-01 $ 35.87 (0.45%)
3:42pm
1:54pm
11:35am
2020-09-30 $ 35.71 (0.65%)
6:18am
2020-09-28 $ 35.46 (0.97%)
6:26pm
8:47am
2020-09-23 $ 33.86 (-3.67%)
6:16pm
2020-09-20
5:41pm
2020-09-17 $ 34.8 (0.03%)
6:21pm
2020-09-14 $ 34.59 (0.35%)
4:56am
2020-09-08 $ 35.15 (-5.33%)
10:03am
9:51am
2020-09-03 $ 37.41 (-2.2%)
10:53am
2020-09-02 $ 38.25 (1.11%)
6:50am
2020-09-01 $ 37.83 (-1.38%)
10:10am
2020-08-20 $ 37.97 (0.08%)
3:15pm
2020-08-19 $ 38.18 (0.34%)
11:38pm
2020-08-04 $ 38.06 (1.33%)
9:02am
2020-07-31 $ 37.45 (0.21%)
5:15pm
2020-07-25
12:48pm
11:48am
10:48am
9:48am
8:48am
7:48am
6:48am
5:48am
4:48am
2:48am
12:48am
11:48pm
10:48pm
9:48pm
8:48pm
7:48pm
2020-07-24 $ 36.61 (-0.57%)
6:48pm
5:48pm
4:48pm
3:48pm
2:48pm
1:48pm
12:48pm
2020-07-14 $ 36.77 (3.17%)
8:05am
2020-07-13 $ 35.64 (-1.85%)
9:21am
8:12am
2020-07-11
10:15am
2020-07-10 $ 36.31 (1.99%)
10:24am
9:23am
2020-07-09 $ 35.6 (-0.28%)
7:08am
2020-07-08 $ 35.7 (-0.5%)
7:32am
7:15pm
2020-07-07 $ 35.88 (0.96%)
8:55am
2020-07-06 $ 35.54 (0.37%)
11:42am
9:32am
2020-07-02 $ 35.41 (-0.73%)
6:15pm
2020-06-30 $ 35.17 (4.36%)
2:33pm
2:02pm
11:19am
9:24am
8:58am
8:43am
Economic Data Deluge - www.zacks.com
2020-06-29 $ 33.7 (3.25%)
1:48pm
2020-06-26 $ 32.64 (-3.12%)
4:01pm
3:39pm
9:32am
9:17am
Total 276
  • 1
  • 2
  • 3