Conagra Brands, Inc. (CAG) EPS Estimated At $0.57

Conagra Brands, Inc. (NYSE:CAG) LogoInvestors sentiment increased to 1.14 in 2018 Q2. Its up 0.32, from 0.82 in 2018Q1. It is positive, as 38 investors sold Conagra Brands, Inc. shares while 184 reduced holdings. 72 funds opened positions while 181 raised stakes. 302.97 million shares or 5.59% more from 286.92 million shares in 2018Q1 were reported.
Oakworth invested in 0% or 280 shares. Carroll Fin Assocs accumulated 1,623 shares or 0.01% of the stock. Knott David M reported 10,000 shares or 0.13% of all its holdings. Hartford Invest Mgmt has invested 0.07% of its portfolio in Conagra Brands, Inc. (NYSE:CAG). Moreover, Washington Trust State Bank has 0.02% invested in Conagra Brands, Inc. (NYSE:CAG) for 4,776 shares. Canada Pension Plan Board reported 0.07% stake. Engineers Gate Manager L P invested in 0.05% or 16,800 shares. Alyeska Investment Lp holds 662,281 shares. Redwood Limited Liability holds 204,641 shares. 35,800 were reported by Guardian Inv Mngmt. Kbc Grp Inc Nv holds 0.01% of its portfolio in Conagra Brands, Inc. (NYSE:CAG) for 38,684 shares. Livforsakringsbolaget Skandia Omsesidigt holds 0.02% of its portfolio in Conagra Brands, Inc. (NYSE:CAG) for 6,276 shares. Magnetar Limited invested 0.16% of its portfolio in Conagra Brands, Inc. (NYSE:CAG). State Board Of Administration Of Florida Retirement System holds 0.06% or 619,436 shares in its portfolio. Schnieders Cap Management Ltd Liability Company holds 0.16% or 10,440 shares in its portfolio.

Since June 29, 2018, it had 3 insider buys, and 5 insider sales for $3.97 million activity. Shares for $106,259 were sold by MARSHALL RUTH ANN. $499,986 worth of Conagra Brands, Inc. (NYSE:CAG) was bought by Connolly Sean. BROWN THOMAS K also bought $249,993 worth of Conagra Brands, Inc. (NYSE:CAG) on Friday, October 12. MARBERGER DAVID S bought $99,969 worth of Conagra Brands, Inc. (NYSE:CAG) on Friday, October 12. GOLDSTONE STEVEN F also sold $2.59 million worth of Conagra Brands, Inc. (NYSE:CAG) on Friday, June 29.

Analysts expect Conagra Brands, Inc. (NYSE:CAG) to report $0.57 EPS on December, 20 before the open.They anticipate $0.02 EPS change or 3.64 % from last quarter’s $0.55 EPS. CAG’s profit would be $276.80M giving it 13.87 P/E if the $0.57 EPS is correct. After having $0.47 EPS previously, Conagra Brands, Inc.’s analysts see 21.28 % EPS growth. The stock decreased 1.43% or $0.46 during the last trading session, reaching $31.62. About 6.19 million shares traded. Conagra Brands, Inc. (NYSE:CAG) has risen 7.96% since December 7, 2017 and is uptrending. It has underperformed by 7.66% the S&P500.

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

Among 8 analysts covering ConAgra Foods (NYSE:CAG), 6 have Buy rating, 1 Sell and 1 Hold. Therefore 75% are positive. ConAgra Foods had 8 analyst reports since June 27, 2018 according to SRatingsIntel. Citigroup maintained the stock with “Buy” rating in Thursday, June 28 report. The firm has “Underperform” rating by Bernstein given on Wednesday, November 14. JP Morgan maintained Conagra Brands, Inc. (NYSE:CAG) rating on Friday, July 27. JP Morgan has “Overweight” rating and $45 target. The firm earned “Buy” rating on Wednesday, October 24 by Goldman Sachs. As per Monday, November 26, the company rating was maintained by Credit Suisse. CFRA upgraded the stock to “Buy” rating in Wednesday, June 27 report. The stock of Conagra Brands, Inc. (NYSE:CAG) earned “Buy” rating by UBS on Monday, October 8.

Conagra Brands, Inc., together with its subsidiaries, operates as a food firm in North America. The company has market cap of $15.36 billion. The firm operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice divisions. It has a 15.18 P/E ratio. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States.

More notable recent Conagra Brands, Inc. (NYSE:CAG) news were published by: Streetinsider.com which released: “CDC, Others are Investigating Illness Related to Duncan Hines (CAG) Cake Mixes – StreetInsider.com” on November 07, 2018, also Gurufocus.com with their article: “World Stocks Red Monday – GuruFocus.com” published on November 12, 2018, Prnewswire.com published: “Conagra Brands Continues Support Of Chance The Rapper’s Nonprofit, SocialWorks – PR Newswire” on November 08, 2018. More interesting news about Conagra Brands, Inc. (NYSE:CAG) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For November 14, 2018 – Benzinga” published on November 14, 2018 as well as Investorplace.com‘s news article titled: “3 Big Stock Charts for Friday: Lowe’s Companies, HP and Conagra Brands – Investorplace.com” with publication date: November 16, 2018.

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

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