Conagra Brands and the price return – the comparison
Compared to the average annual performance of stocks from the same sector (“Consumer Staples”), Conagra Brands is more than 23 percent behind with a return of -2.74 percent. The “food industry” achieved an average return of 13.6 percent over the past 12 months. Here too, Conagra Brands is significantly lower with 16.34 per cent. This performance of the stock over the past year leads to a “sell” rating in this category.
Conagra Brands: How well does the yield compare?
The ratio between the dividend and the current share price is usually stated as the dividend yield. The value can be subject to daily fluctuations and is therefore a dynamically changing indicator. With a yield of 3.51 percent, Conagra Brands is currently only slightly above the industry average. The “Food” branch has a value of 2.94, resulting in a difference of +0.58 percent on Conagra Brands stock. Based on this result, the editors give the stock a “hold” rating for its dividend policy.
What are analysts saying about Conagra Brands?
For Conagra Brands, the analysts who have rated the last 12 months are as follows: Overall, it is a “Hold” as it has 2 Buc, 5 Hold, 0 Sell ratings. There are no analyst updates for Conagra Brands from the past month. Analysts’ target price for Conagra Brands is interesting. On average, it’s about $36.17. This means that the share price will develop by 2.63 percent since the price was last quoted at $35.24. There is a “Hold” rating for this. The analysts’ survey therefore leads to the overall rating “Hold”.
How does the mood change?
A more long-term view of communication on the Internet also makes an important contribution to the assessment of a share. For the evaluation, we considered both the criterion of discussion intensity, i.e. the frequency of reports, and the speed of mood changes. Conagra Brands showed interesting characteristics in this analysis. The intensity of the discussion changes a lot as increased activity is seen. This results in a “buy” rating. The frequency of mood swings remained low and almost no changes could be identified. Based on this, the editors derive a “team” rating. The bottom line is therefore a “buy” rating.
Should investors sell immediately? Or is it worth getting started with Conagra Brands?
Still room for improvement in the share
The price-to-earnings (P/E) ratio is an important metric used to assess a company’s profitability and performance relative to one or more others. Conagra Brands’ current P/E is 13.17. Comparable companies in the “food industry” have an average P/E ratio of 43.95. Conagra Brands is fundamentally undervalued today. The stock therefore receives a “buy” rating from the editors in this category.
The mood barometer is at rock bottom
In addition to hard factors such as balance sheet data, stock prices can also be assessed using soft factors such as mood. Our analysts have looked at Conagra Brands on social platforms and measured that the comments/reviews have been predominantly negative. In addition, social media users around Conagra Brands have mainly taken up negative topics in the past two days. The stock is therefore rated “Sell” for this analysis. Furthermore, this analysis was enriched by considering trading signals. Two specifically calculated signals are available (1 “Sell”, 1 “Buy”) resulting in a “Hold” rating at the trading signal level. With this, the editors have come to the conclusion that Conagra Brands must be emotionally classified as a “seller”.
RSI paves the way for rising prices
The Relative Strength Index (RSI), a technical analysis indicator, can be used to tell whether a security is “overbought” or “oversold”. To do this, the upward and downward movements of an underlying asset are compared over time. Let’s look at the past 7-day RSI for Conagra Brands stock, it is currently at 17.07. As a result, the security is oversold and we therefore assign a “buy” rating. The RSI for the last 25 trading days is less volatile than the RSI7 and adds a long-term perspective to our analysis. Unlike RSI7, Conagra Brands is neither overbought nor oversold here. The security is therefore rated “Hold” for RSI25. Overall, the analysis of the RSIs on Conagra Brands gives a “Buy” rating.
Buy, Hold or Sell – Your Conagra Brands analysis is dated 19/08 gives the answer:
How will Conagra Brands evolve now? Is an entry worth it, or should investors rather sell? Find out the answers to these questions and why you should act now in the latest Conagra Brands analysis.