Nomad Foods Limited (NOMD) Given Daily News Sentiment Score of 0.06
Headlines about Nomad Foods Limited (NYSE:NOMD) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nomad Foods Limited earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.776496834202 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s rankings:
- Nomad Foods Limited (NOMD) Research Coverage Started at Berenberg Bank (americanbankingnews.com)
- Nomad Foods Limited (NOMD) Receives Consensus Rating of “Buy” from Brokerages (americanbankingnews.com)
- Stocks With Rising Relative Price Strength: Nomad Foods (finance.yahoo.com)
- Zacks: Brokerages Set $17.50 Target Price for Nomad Foods Limited (NOMD) (americanbankingnews.com)
Nomad Foods Limited (NYSE NOMD) traded up $0.33 during mid-day trading on Thursday, hitting $14.67. The stock had a trading volume of 735,319 shares, compared to its average volume of 952,836. The company has a quick ratio of 0.68, a current ratio of 1.09 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $2,470.00 and a PE ratio of 16.09. Nomad Foods Limited has a 52 week low of $9.00 and a 52 week high of $15.49.
Nomad Foods Limited (NYSE:NOMD) last posted its quarterly earnings data on Friday, August 25th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.03. The company had revenue of $458.10 million during the quarter, compared to analysts’ expectations of $459.51 million. Nomad Foods Limited had a return on equity of 7.93% and a net margin of 3.56%. Nomad Foods Limited’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.19 earnings per share. sell-side analysts anticipate that Nomad Foods Limited will post 1.11 earnings per share for the current fiscal year.
NOMD has been the subject of a number of research analyst reports. Zacks Investment Research cut Nomad Foods Limited from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 15th. Berenberg Bank initiated coverage on Nomad Foods Limited in a research note on Thursday. They issued a “buy” rating and a $18.00 target price for the company. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $15.75.
Nomad Foods Limited Company Profile
Nomad Foods Limited manufactures and distributes frozen foods primarily in the United Kingdom, Italy, Germany, Sweden, France, and Norway. The companys frozen food products include fish, vegetables, poultry products, and ready meals. It sells its products directly or through distribution arrangements to supermarkets and large food retail chains under the Birdseye, Findus, and Iglo brands.
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