<div id="readability-page-1"><p>Conagra Brands (NYSE:CAG - Get Free Report) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $2.60-2.65 for the period, compared to the consensus estimate of $2.61.</p><div><p><span></span><span>Get <strong>Conagra Brands</strong> alerts:</span></p></div><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Clorox Stock: A Defensive Play in a Stormy Economy </li></ul><p>Several analysts have recently issued reports on the stock. The Goldman Sachs Group assumed coverage on shares of Conagra Brands in a research note on Monday, August 12th. They set a buy rating and a $36.00 price objective for the company. Evercore ISI lowered their price objective on shares of Conagra Brands from $32.00 to $31.00 and set a neutral rating for the company in a research note on Friday, July 12th. Wells Fargo &amp; Company lowered their price objective on shares of Conagra Brands from $32.00 to $31.00 and set an equal weight rating for the company in a research note on Wednesday, July 10th. Royal Bank of Canada lowered their price objective on shares of Conagra Brands from $30.00 to $29.00 and set a sector perform rating for the company in a research note on Friday, July 12th. Finally, Barclays lowered their price objective on shares of Conagra Brands from $34.00 to $33.00 and set an overweight rating for the company in a research note on Friday, July 12th. Nine analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Conagra Brands presently has an average rating of Hold and an average price target of $31.10.</p><p><b>Check Out Our Latest Research Report on CAG</b></p><h2>Conagra Brands Stock Performance</h2><ul><li>Why This Consumer Staples Stock is a Smart Buy Despite Headwinds</li></ul><p>Shares of CAG stock opened at $32.72 on Wednesday. Conagra Brands has a 12 month low of $25.16 and a 12 month high of $33.24. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.97 and a quick ratio of 0.33. The firm has a market capitalization of $15.64 billion, a P/E ratio of 44.82, a P/E/G ratio of 2.95 and a beta of 0.32. The company's fifty day moving average price is $31.28 and its two-hundred day moving average price is $30.27. </p><p>Conagra Brands (NYSE:CAG - Get Free Report) last issued its quarterly earnings data on Thursday, July 11th. The company reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.04. Conagra Brands had a net margin of 2.88% and a return on equity of 14.31%. The firm had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.93 billion. During the same quarter in the previous year, the business posted $0.62 EPS. The firm's revenue was down 2.3% compared to the same quarter last year. On average, research analysts anticipate that Conagra Brands will post 2.61 earnings per share for the current fiscal year. </p><h2>Conagra Brands Announces Dividend</h2><ul><li>McCormick Stock Q2: EPS Beat on Rising Margins, Falling Sales</li></ul><p>The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Thursday, August 1st were issued a $0.35 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $1.40 dividend on an annualized basis and a yield of 4.28%. Conagra Brands's dividend payout ratio is currently 191.78%. </p><h2>Insiders Place Their Bets</h2><p>In other news, COO Thomas M. Mcgough sold 40,000 shares of the company's stock in a transaction dated Tuesday, August 13th. The shares were sold at an average price of $30.29, for a total value of $1,211,600.00. Following the sale, the chief operating officer now owns 161,443 shares in the company, valued at approximately $4,890,108.47. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.88% of the stock is currently owned by company insiders. </p><h2>About Conagra Brands</h2> (Get Free Report)<p>Conagra Brands, Inc, together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through Grocery &amp; Snacks, Refrigerated &amp; Frozen, International, and Foodservice segments. The Grocery &amp; Snacks segment primarily offers shelf stable food products through various retail channels.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Conagra Brands</li><li>What Does a Gap Up Mean in Stocks? 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<p>Conagra Brands (NYSE:CAG) has updated its FY25 earnings guidance, projecting EPS between $0.60 and $2.65, slightly below the consensus estimate of $0.61. Analysts have mixed views, with Goldman Sachs initiating coverage with a buy rating, while others like Evercore ISI and Wells Fargo have lowered their price targets. The stock opened at $28.72, with a 12-month range of $16.16 to $24.24. The company also announced a quarterly dividend of $0.35, yielding 4.28%.</p>

Conagra Brands (NYSE:CAG) Releases FY25 Earnings Guidance