Nomad Foods (NYSE:NOMD) Announces FY 2026 Earnings Guidance

Nomad Foods (NYSE:NOMD) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.604-1.779 for the period, compared to the consensus EPS estimate of 1.630. The company issued revenue guidance of -.

Nomad Foods Price Performance

NOMD opened at $10.70 on Tuesday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.66 and a current ratio of 1.10. The stock’s 50 day moving average price is $11.41 and its 200-day moving average price is $10.67. The stock has a market capitalization of $1.50 billion, a PE ratio of 10.49 and a beta of 0.75. Nomad Foods has a 52-week low of $8.99 and a 52-week high of $13.18.

Nomad Foods (NYSE:NOMD) last announced its earnings results on Thursday, August 13th. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.08. The firm had revenue of $825.94 million for the quarter, compared to analyst estimates of $825.02 million. Nomad Foods had a net margin of 4.20% and a return on equity of 8.88%. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.40 EPS. Nomad Foods has set its FY 2026 guidance at 1.604-1.779 EPS. On average, equities research analysts predict that Nomad Foods will post 1.63 EPS for the current year.

Nomad Foods Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Tuesday, August 11th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend was Tuesday, August 11th. Nomad Foods’s dividend payout ratio is 66.67%.

Wall Street Analysts Forecast Growth

NOMD has been the topic of several analyst reports. BTIG Research reaffirmed a “buy” rating and issued a $15.00 price objective on shares of Nomad Foods in a research report on Friday, August 14th. Weiss Ratings restated a “hold (c-)” rating on shares of Nomad Foods in a research note on Tuesday, September 29th. Barclays upped their price target on Nomad Foods from $12.00 to $14.00 and gave the stock an “overweight” rating in a research note on Monday, July 20th. Zacks Research lowered Nomad Foods from a “hold” rating to a “strong sell” rating in a research note on Monday, August 17th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $11.00 price objective on shares of Nomad Foods in a research note on Tuesday, July 21st. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $13.25.

Insider Buying and Selling at Nomad Foods

In related news, CFO Ruben Baldew acquired 28,290 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The shares were bought at an average price of $11.85 per share, with a total value of $335,236.50. Following the completion of the transaction, the chief financial officer directly owned 367,172 shares in the company, valued at $4,350,988.20. This trade represents a 8.35% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Dominic Brisby bought 50,000 shares of Nomad Foods stock in a transaction on Monday, August 24th. The stock was purchased at an average price of $12.38 per share, with a total value of $619,000.00. Following the completion of the acquisition, the chief executive officer directly owned 726,794 shares of the company’s stock, valued at $8,997,709.72. This represents a 7.39% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 17.27% of the company’s stock.

About Nomad Foods

Nomad Foods Ltd. is a European food company focused on frozen foods. Its portfolio includes frozen fish, vegetables, poultry, potato products, meals, and desserts sold through grocery retailers and other food channels.

The company markets products under several established brands, including Birds Eye in the United Kingdom and Ireland, iglo in Germany and other European markets, Findus in parts of continental Europe, Aunt Bessie’s in the United Kingdom, and Goodfella’s frozen pizza in selected markets.