- Investing.com
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments. The company sells its products under the Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie's, BOOMCHICKAPOP brands. Conagra Brands, Inc. was incorporated in 1919 and is headquartered in Chicago, Illinois.
Portfolio Reshaping | Conagra's strategic divestiture of Chef Boyardee and focus on Frozen and Snacking segments signal a transformative shift in its business model |
Financial Outlook | Analysts project EPS of $2.35-$2.49 for FY26, with a cautious industry outlook tempering expectations amid portfolio restructuring |
Market Dynamics | Explore how changing consumer preferences and inflationary pressures are reshaping the packaged food landscape, challenging industry giants |
Investor Sentiment | Despite trading near 52-week lows, Conagra's 6.49% dividend yield and analyst price targets of $26-$30 suggest potential upside for investors |
Metrics to compare | CAG | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipCAGPeersSector | |
---|---|---|---|---|
P/E Ratio | 8.0x | 18.4x | 12.2x | |
PEG Ratio | 0.03 | −0.46 | 0.03 | |
Price/Book | 1.0x | 1.4x | 1.5x | |
Price / LTM Sales | 0.8x | 0.9x | 0.9x | |
Upside (Analyst Target) | 9.1% | 27.4% | 16.8% | |
Fair Value Upside | Unlock | 13.4% | 10.5% | Unlock |