Conagra Brands
About: Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of fiscal 2024 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. The company primarily sells through the US retail channel, with just 9% of fiscal 2024 revenue coming from international markets and 10% from foodservice.
Employees: 18,500
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 4 (+2) [Q4]
2.24% more ownership
Funds ownership: 83.61% [Q3] → 85.85% (+2.24%) [Q4]
9% less repeat investments, than reductions
Existing positions increased: 285 | Existing positions reduced: 312
3% less funds holding
Funds holding: 858 [Q3] → 831 (-27) [Q4]
10% less first-time investments, than exits
New positions opened: 116 | Existing positions closed: 129
13% less capital invested
Capital invested by funds: $13B [Q3] → $11.4B (-$1.63B) [Q4]
14% less call options, than puts
Call options by funds: $70.3M | Put options by funds: $82M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$26
5%
upside
Avg. target
$27
11%
upside
High target
$32
30%
upside
6 analyst ratings
1 positive
17%
5 neutral
83%
0 negative
0%
Barclays Andrew Lazar 37% 1-year accuracy 7 / 19 met price target | 30%upside $32 | Overweight Maintained | 7 Apr 2025 |
Morgan Stanley Megan Alexander 69% 1-year accuracy 11 / 16 met price target | 9%upside $27 | Equal-Weight Initiated | 24 Mar 2025 |
JP Morgan Ken Goldman 50% 1-year accuracy 6 / 12 met price target | 5%upside $26 | Neutral Maintained | 6 Mar 2025 |
Goldman Sachs Leah Jordan 64% 1-year accuracy 7 / 11 met price target | 5%upside $26 | Neutral Maintained | 25 Feb 2025 |
Stifel Matthew Smith 54% 1-year accuracy 14 / 26 met price target | 5%upside $26 | Hold Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 22 articles about CAG published over the past 30 days
Neutral
PRNewsWire
1 day ago
Conagra Brands to Participate in the Goldman Sachs Global Staples Forum
CHICAGO , April 29, 2025 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) will attend the Goldman Sachs Global Staples Forum on Tuesday, May 13. Sean Connolly, president and chief executive officer of Conagra Brands, and Dave Marberger, executive vice president and chief financial officer, will participate in a fireside chat beginning at 8:55 a.m.
Neutral
PRNewsWire
1 week ago
Conagra Brands Releases 2024 Citizenship Report, Showcasing Initiatives Supporting a More Sustainable Future
CHICAGO , April 17, 2025 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) today announced the publication of its 2024 Citizenship Report, which highlights key initiatives and actions that positively impact Conagra's employees, the communities it serves, and the health of the planet. Conagra's Citizenship approach is centered around four focus areas that reflect the company's values as a responsible corporate citizen: Good Food, Responsible Sourcing, Better Planet, and Stronger Communities.
Negative
Seeking Alpha
2 weeks ago
Conagra Brands: Likely To Miss FY26 EPS Estimates
I give a 'Sell' rating for Conagra Brands due to expected margin pressures from tariffs and input cost inflation, risking earnings growth. CAG's 3Q25 earnings were weak, with organic sales declining 5.2% y/y and gross margin contracting by 390 bps y/y to 24.8%. Tariffs on key inputs like tinplate steel and palm oil pose significant risks, with limited time for the Company to mitigate these impacts.
Negative
MarketBeat
3 weeks ago
Conagra Stock Could Thrive as Tariffs Hit Other Sectors
That's not to say the report was a total washout. Revenue of $2.84 billion was slightly below the $2.92 billion expected, and Conagra reported earnings per share (EPS) of 51 cents, which was a penny below estimates.
Positive
MarketBeat
3 weeks ago
2 High-Yield Values for Dividend Growth and Capital Gains
Lamb Weston NYSE: LW and Conagra Brands NYSE: CAG are trading at value levels and offering historically high yields for investors in 2025. While Lamb Weston trades at a premium to Conagra, both are at the low ends of their historical ranges and well below broad market averages, and there are reasons.
Neutral
The Motley Fool
3 weeks ago
Why Consumer Staples Stocks Lamb Weston, Conagra, and Philip Morris Rallied Today Even as the Market Plunged
Shares of consumer staples giants Lamb Weston (LW 9.95%), Conagra (CAG 1.23%), and Philip Morris International (PM 3.96%) all rallied today, up 9.7%, 1.5%, and 4%, respectively. The results were all the more notable as the S&P 500 index plunged 4.8% following yesterday's tariff announcements.
Negative
Zacks Investment Research
3 weeks ago
Conagra Q3 Earnings Miss Estimates, Organic Sales Decline 5.2% Y/Y
CAG misses fiscal third-quarter estimates as sales decline amid supply constraints. The company maintains its fiscal 2025 guidance.
Positive
Market Watch
3 weeks ago
Potatoes, discount chains and drugmakers offer havens in stock-market bloodbath
Potato maker Lamb Weston Holdings Inc., telecom giant Verizon Communications Inc., drug maker AbbVie Inc. and retailer TJX Cos. all bucked a sharp market selloff Thursday, as Wall Street turned to stocks offering exposure to tariff-resistant businesses such as food, prescription drugs and subscription revenue.
Neutral
Seeking Alpha
3 weeks ago
Conagra Brands, Inc. (CAG) Q3 2025 Earnings Q&A Call Transcript
Conagra Brands, Inc. (NYSE:CAG ) Q3 2025 Earnings Q&A Conference Call April 3, 2025 9:30 AM ET Company Participants Matthew Neisius - Senior Director, IR Sean Connolly - CEO David Marberger - CFO Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JPMorgan Leah Jordan - Goldman Sachs Tom Palmer - Citi Chris Carey - Wells Fargo Alexia Howard - Bernstein Megan Clapp - Morgan Stanley Max Gumport - BNP Paribas Operator Good morning and welcome to the Conagra Brands Third Quarter Fiscal 2025 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
Neutral
Zacks Investment Research
3 weeks ago
Here's What Key Metrics Tell Us About Conagra Brands (CAG) Q3 Earnings
While the top- and bottom-line numbers for Conagra Brands (CAG) give a sense of how the business performed in the quarter ended February 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
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