Jefferies Financial Group Issues Pessimistic Forecast for Conagra Brands (NYSE:CAG) Stock Price

Conagra Brands (NYSE:CAG) had its price objective dropped by research analysts at Jefferies Financial Group from $16.00 to $15.00 in a research report issued to clients and investors on Monday,MarketScreener reports. The brokerage presently has a “hold” rating on the stock. Jefferies Financial Group’s price target would suggest a potential downside of 3.88% from the company’s current price.

Several other analysts have also recently commented on CAG. TD Cowen reiterated a “hold” rating on shares of Conagra Brands in a research report on Monday, December 22nd. Deutsche Bank Aktiengesellschaft decreased their price objective on Conagra Brands from $18.00 to $14.00 and set a “hold” rating for the company in a research note on Monday. Sanford C. Bernstein dropped their price objective on Conagra Brands from $21.00 to $18.00 and set a “market perform” rating for the company in a report on Monday, December 22nd. Morgan Stanley restated an “overweight” rating on shares of Conagra Brands in a report on Wednesday, February 18th. Finally, Wall Street Zen upgraded Conagra Brands from a “sell” rating to a “hold” rating in a research report on Saturday, February 21st. One research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $17.79.

Conagra Brands Trading Down 0.7%

Shares of NYSE CAG traded down $0.11 during mid-day trading on Monday, hitting $15.61. The company’s stock had a trading volume of 14,029,038 shares, compared to its average volume of 14,273,063. Conagra Brands has a one year low of $15.03 and a one year high of $27.68. The company’s fifty day simple moving average is $17.88 and its 200-day simple moving average is $17.77. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.89 and a quick ratio of 0.28. The stock has a market cap of $7.47 billion, a price-to-earnings ratio of -70.96 and a beta of -0.02.

Conagra Brands (NYSE:CAG) last posted its quarterly earnings results on Wednesday, April 1st. The company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). Conagra Brands had a positive return on equity of 10.59% and a negative net margin of 0.87%.The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. During the same period last year, the firm earned $0.51 earnings per share. The company’s quarterly revenue was down 1.9% on a year-over-year basis. On average, sell-side analysts anticipate that Conagra Brands will post 2.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. WealthPlan Investment Management LLC increased its holdings in shares of Conagra Brands by 5.3% in the fourth quarter. WealthPlan Investment Management LLC now owns 10,920 shares of the company’s stock worth $189,000 after acquiring an additional 548 shares in the last quarter. Sutton Place Investors LLC lifted its holdings in shares of Conagra Brands by 1.9% during the 3rd quarter. Sutton Place Investors LLC now owns 31,196 shares of the company’s stock valued at $571,000 after purchasing an additional 585 shares in the last quarter. International Private Wealth Advisors LLC grew its position in shares of Conagra Brands by 4.9% in the 4th quarter. International Private Wealth Advisors LLC now owns 13,153 shares of the company’s stock valued at $228,000 after purchasing an additional 609 shares during the period. All Terrain Financial Advisors LLC increased its stake in Conagra Brands by 0.3% during the 4th quarter. All Terrain Financial Advisors LLC now owns 176,971 shares of the company’s stock worth $3,063,000 after purchasing an additional 609 shares in the last quarter. Finally, Blair William & Co. IL increased its stake in Conagra Brands by 0.5% during the 3rd quarter. Blair William & Co. IL now owns 136,235 shares of the company’s stock worth $2,494,000 after purchasing an additional 633 shares in the last quarter. 83.75% of the stock is owned by institutional investors and hedge funds.

Key Conagra Brands News

Here are the key news stories impacting Conagra Brands this week:

• Positive Sentiment: Dividend support — The board declared a quarterly dividend of $0.35/share (annualized yield ~8.9%), which may attract income-focused investors and provide a floor under the share price. Dividend Announcement
• Positive Sentiment: Organic sales and category strength — Conagra reported organic sales growth with stronger frozen and snacks volumes, showing demand resilience in key categories despite cost pressures. Zacks: Organic Sales Growth
• Neutral Sentiment: Revenue slightly above estimates — Q3 revenue of $2.79B topped consensus ($2.76B), but revenue was down ~1.9% year‑over‑year, a mixed read for topline momentum. MarketBeat: Revenue/Call
• Negative Sentiment: EPS miss and shrinking margins — Q3 EPS was $0.39 vs. the $0.40 consensus and $0.51 a year ago; management cited margin pressure from rising costs, which is a direct hit to profitability expectations. Zacks: EPS Miss
• Negative Sentiment: Narrowed/trimmed guidance — Management narrowed the annual outlook citing rising costs and a dynamic operating environment, increasing near‑term uncertainty for earnings. Reuters: Guidance Trim
• Negative Sentiment: Analyst price‑target cuts — Jefferies lowered its PT to $15 (hold) and Deutsche Bank cut its target to $14, signaling reduced Street confidence and putting additional pressure on the stock. MarketScreener: Jefferies PT Cut Benzinga: Deutsche PT Cut
• Negative Sentiment: Market commentary on dividend sustainability — Some commentators (e.g., Jim Cramer) suggest the current high dividend may be historically hard to sustain if margins remain pressured, which could weigh on longer‑term sentiment. Yahoo: Dividend Sustainability

Conagra Brands Company Profile

Conagra Brands, Inc is a leading packaged foods company based in Chicago, Illinois, with a broad portfolio of shelf-stable, frozen and refrigerated foods marketed under familiar brands. The company develops, produces and distributes a wide range of consumer food products, serving both retail grocery and foodservice channels. Conagra’s product lineup includes frozen entrees, snacks, condiments, baking goods and desserts, providing convenient meal solutions for consumers across North America and select international markets.

Among its well-known brands are Birds Eye, Healthy Choice, Lean Cuisine, Marie Callender’s and Banquet in the frozen foods category, as well as Hunt’s sauces, Orville Redenbacher’s popcorn, Slim Jim meat snacks and Reddi-wip toppings.