Conagra Foods Stock Buy Hold or Sell Recommendation
| CAG Stock | USD 31.08 0.19 0.61% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding ConAgra Foods is 'Cautious Hold'. Macroaxis provides ConAgra Foods buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CAG positions. The advice algorithm takes into account all of ConAgra Foods' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting ConAgra Foods' buy or sell advice are summarized below:
Real Value 30.21 | Target Price 30.36 | Hype Value 31.27 | Market Value 31.08 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell ConAgra Foods given historical horizon and risk tolerance towards ConAgra Foods. When Macroaxis issues a 'buy' or 'sell' recommendation for ConAgra Foods, the advice is generated through an automated system that utilizes algorithms and statistical models.
ConAgra |
Execute ConAgra Foods Buy or Sell Advice
The ConAgra recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on ConAgra Foods. Macroaxis does not own or have any residual interests in ConAgra Foods or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute ConAgra Foods' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
ConAgra Foods Trading Alerts and Improvement Suggestions
| The company has 9.24 B in debt with debt to equity (D/E) ratio of 1.05, which is OK given its current industry classification. ConAgra Foods has a current ratio of 0.76, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist ConAgra Foods until it has trouble settling it off, either with new capital or with free cash flow. So, ConAgra Foods' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ConAgra Foods sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ConAgra to invest in growth at high rates of return. When we think about ConAgra Foods' use of debt, we should always consider it together with cash and equity. | |
| Over 87.0% of ConAgra Foods shares are held by institutions such as insurance companies | |
| On 29th of February 2024 ConAgra Foods paid $ 0.35 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Tiendas 3B 4Q23 FY2023 Earnings Release |
ConAgra Foods Returns Distribution Density
The distribution of ConAgra Foods' historical returns is an attempt to chart the uncertainty of ConAgra Foods' future price movements. The chart of the probability distribution of ConAgra Foods daily returns describes the distribution of returns around its average expected value. We use ConAgra Foods price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of ConAgra Foods returns is essential to provide solid investment advice for ConAgra Foods.
| Mean Return | 0.12 | Value At Risk | -2.17 | Potential Upside | 2.01 | Standard Deviation | 1.44 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of ConAgra Foods historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
ConAgra Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as ConAgra Foods is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ConAgra Foods backward and forwards among themselves. ConAgra Foods' institutional investor refers to the entity that pools money to purchase ConAgra Foods' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Lsv Asset Management | 2023-12-31 | 8.3 M | Amundi | 2023-12-31 | 7.5 M | Northern Trust Corp | 2023-12-31 | 5.8 M | Bank Of New York Mellon Corp | 2023-12-31 | 5.2 M | Norges Bank | 2023-12-31 | 4.9 M | Goldman Sachs Group Inc | 2023-12-31 | 4.7 M | Capital World Investors | 2023-12-31 | 4.5 M | Bank Of America Corp | 2023-12-31 | 4.1 M | Legal & General Group Plc | 2023-12-31 | 3.8 M | Vanguard Group Inc | 2023-12-31 | 57.4 M | Blackrock Inc | 2023-12-31 | 42.9 M |
ConAgra Foods Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 163.5M | (364.3M) | (232.8M) | (265.3M) | (305.1M) | (289.8M) | |
| Change In Cash | 316.7M | (474.1M) | 3.1M | 10.6M | 12.2M | 12.8M | |
| Free Cash Flow | 1.5B | 961.7M | 712.9M | 633.2M | 728.2M | 599.3M | |
| Depreciation | 388.9M | 387.7M | 375.4M | 369.9M | 425.4M | 420.4M | |
| Other Non Cash Items | (7.2M) | (18.5M) | 131.5M | 704.6M | 634.1M | 665.8M | |
| Dividends Paid | 413.6M | 474.6M | 581.8M | 623.8M | 717.4M | 401.3M | |
| Capital Expenditures | 369.5M | 506.4M | 464.4M | 362.2M | 326.0M | 364.8M | |
| Net Income | 841.8M | 1.3B | 888.2M | 683.2M | 785.7M | 642.6M | |
| End Period Cash Flow | 554.3M | 80.2M | 83.3M | 93.9M | 108.0M | 102.6M | |
| Investments | 7M | 2.7M | 5.9M | (354.9M) | (319.4M) | (303.4M) | |
| Change Receivables | (43.8M) | 66.1M | (69.5M) | (102.1M) | (91.9M) | (87.3M) | |
| Net Borrowings | (947.4M) | (820M) | (72.5M) | (259.7M) | (233.7M) | (222.0M) | |
| Change To Netincome | 299.2M | 87.4M | 132.1M | 772.2M | 695.0M | 729.7M |
ConAgra Foods Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to ConAgra Foods or Food Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that ConAgra Foods' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ConAgra stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.1 | |
β | Beta against NYSE Composite | 0.16 | |
σ | Overall volatility | 1.47 | |
Ir | Information ratio | 0.02 |
ConAgra Foods Volatility Alert
ConAgra Foods has relatively low volatility with skewness of 0.86 and kurtosis of 3.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure ConAgra Foods' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact ConAgra Foods' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.ConAgra Foods Implied Volatility
ConAgra Foods' implied volatility exposes the market's sentiment of ConAgra Foods stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if ConAgra Foods' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that ConAgra Foods stock will not fluctuate a lot when ConAgra Foods' options are near their expiration.
ConAgra Foods Fundamentals Vs Peers
Comparing ConAgra Foods' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze ConAgra Foods' direct or indirect competition across all of the common fundamentals between ConAgra Foods and the related equities. This way, we can detect undervalued stocks with similar characteristics as ConAgra Foods or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of ConAgra Foods' fundamental indicators could also be used in its relative valuation, which is a method of valuing ConAgra Foods by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare ConAgra Foods to competition |
| Fundamentals | ConAgra Foods | Peer Average |
| Return On Equity | 0.1 | -0.31 |
| Return On Asset | 0.0526 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.18 % | (5.51) % |
| Current Valuation | 23.76 B | 16.62 B |
| Shares Outstanding | 478.06 M | 571.82 M |
| Shares Owned By Insiders | 0.48 % | 10.09 % |
| Shares Owned By Institutions | 87.38 % | 39.21 % |
| Number Of Shares Shorted | 11.37 M | 4.71 M |
| Price To Earning | 15.28 X | 28.72 X |
| Price To Book | 1.53 X | 9.51 X |
| Price To Sales | 1.16 X | 11.42 X |
| Revenue | 12.28 B | 9.43 B |
| Gross Profit | 2.86 B | 27.38 B |
| EBITDA | 1.47 B | 3.9 B |
| Net Income | 683.2 M | 570.98 M |
| Cash And Equivalents | 93.9 M | 2.7 B |
| Cash Per Share | 0.14 X | 5.01 X |
| Total Debt | 9.24 B | 5.32 B |
| Debt To Equity | 1.05 % | 48.70 % |
| Current Ratio | 0.78 X | 2.16 X |
| Book Value Per Share | 19.15 X | 1.93 K |
| Cash Flow From Operations | 995.4 M | 971.22 M |
| Short Ratio | 2.58 X | 4.00 X |
| Earnings Per Share | 1.99 X | 3.12 X |
| Price To Earnings To Growth | 0.72 X | 4.89 X |
| Target Price | 31.5 | |
| Number Of Employees | 18.6 K | 18.84 K |
| Beta | 0.39 | -0.15 |
| Market Capitalization | 15.09 B | 19.03 B |
| Total Asset | 22.05 B | 29.47 B |
| Retained Earnings | 6.6 B | 9.33 B |
| Working Capital | (1.06 B) | 1.48 B |
Note: Acquisition by Alexandre Eboli of 5107 shares of ConAgra Foods subject to Rule 16b-3 [view details]
ConAgra Foods Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ConAgra . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 46408.36 | |||
| Daily Balance Of Power | (0.43) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 31.28 | |||
| Day Typical Price | 31.21 | |||
| Price Action Indicator | (0.30) | |||
| Period Momentum Indicator | (0.19) |
About ConAgra Foods Buy or Sell Advice
When is the right time to buy or sell ConAgra Foods? Buying financial instruments such as ConAgra Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 9.0B | 9.2B | 10.6B | 11.2B | Total Assets | 22.4B | 22.1B | 25.4B | 14.0B |
Use Investing Ideas to Build Portfolios
In addition to having ConAgra Foods in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Iron Thematic Idea Now
Iron
Companies involved in production of steel and iron. The Iron theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Iron Theme or any other thematic opportunities.
| View All Next | Launch |
Check out ConAgra Foods Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.Note that the ConAgra Foods information on this page should be used as a complementary analysis to other ConAgra Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for ConAgra Stock analysis
When running ConAgra Foods' price analysis, check to measure ConAgra Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConAgra Foods is operating at the current time. Most of ConAgra Foods' value examination focuses on studying past and present price action to predict the probability of ConAgra Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConAgra Foods' price. Additionally, you may evaluate how the addition of ConAgra Foods to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |
Is ConAgra Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConAgra Foods. If investors know ConAgra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConAgra Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.1) | Dividend Share 1.38 | Earnings Share 1.99 | Revenue Per Share 25.336 | Quarterly Revenue Growth (0.02) |
The market value of ConAgra Foods is measured differently than its book value, which is the value of ConAgra that is recorded on the company's balance sheet. Investors also form their own opinion of ConAgra Foods' value that differs from its market value or its book value, called intrinsic value, which is ConAgra Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConAgra Foods' market value can be influenced by many factors that don't directly affect ConAgra Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConAgra Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if ConAgra Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConAgra Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.