In Friday’s Wall Street session, Conagra Brands Inc (NYSE:CAG) shares traded at $21.50, up 21.49% from the previous session.
CAG stock price is now 0.71 away from the 50-day moving average and Jul 10 BMO away from the 200-day moving average. The market capitalization of the company currently stands at $10.26B.
With the price target of $22, UBS recently initiated with Neutral rating for Conagra Brands Inc (NYSE: CAG). On June 12, 2025, BofA Securities Downgraded its previous ‘Neutral’ rating to ‘Underperform’ on the stock keeping its target price maintained at $20, while ‘Goldman’ rates the stock as ‘Sell’
In other news, McGough Thomas M, EVP & COO sold 40,000 shares of the company’s stock on Aug 13 ’24. The stock was sold for $1,211,600 at an average price of $30.29. Upon completion of the transaction, the EVP & COO now directly owns 161,443 shares in the company, valued at $3.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 13 ’24, Officer McGough Thomas M bought 40,000 shares of the business’s stock. A total of $1,211,583 was incurred on buying the stock at an average price of $30.29. A total of 0.60% of the company’s stock is owned by insiders.
During the past 12 months, Conagra Brands Inc has had a low of $21.18 and a high of $33.24. As of last week, the company has a debt-to-equity ratio of 0.23, a current ratio of 1.56, and a quick ratio of 9.23. The fifty day moving average price for CAG is $23.4102 and a two-hundred day moving average price translates $26.70145 for the stock.
The latest earnings results from Conagra Brands Inc (NYSE: CAG) was released for 2025-02-23. The net profit margin was 2.80% and return on equity was 3.67% for CAG.
