ConAgra Historical Financial Ratios
| CAG Stock | USD 31.10 0.48 1.57% |
ConAgra Foods is presently reporting on over 114 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0294, PTB Ratio of 2.66 or Days Sales Outstanding of 21.1 will help investors to properly organize and evaluate ConAgra Foods financial condition quickly.
ConAgra |
About ConAgra Financial Ratios Analysis
ConAgra FoodsFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate ConAgra Foods investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on ConAgra financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across ConAgra Foods history.
ConAgra Foods Financial Ratios Chart
ConAgra Foods financial ratios usually calculated using numerical values taken directly from ConAgra Foods financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about ConAgra Foods. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
At this time, ConAgra Foods' PTB Ratio is most likely to slightly decrease in the upcoming years. The ConAgra Foods' current Book Value Per Share is estimated to increase to 17.13, while Invested Capital is projected to decrease to 0.86. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing ConAgra Foods stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on ConAgra Foods sales, a figure that is much harder to manipulate than other ConAgra Foods multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is ConAgra Foods dividend as a percentage of ConAgra Foods stock price. ConAgra Foods dividend yield is a measure of ConAgra Foods stock productivity, which can be interpreted as interest rate earned on an ConAgra Foods investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from ConAgra Foods' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into ConAgra Foods current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConAgra Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.At this time, ConAgra Foods' PTB Ratio is most likely to slightly decrease in the upcoming years. The ConAgra Foods' current Book Value Per Share is estimated to increase to 17.13, while Invested Capital is projected to decrease to 0.86.
| 2014 | 2019 | 2023 | 2024 (projected) | Dividend Yield | 0.0278 | 0.0374 | 0.0244 | 0.0294 | Price To Sales Ratio | 1.34 | 1.36 | 1.53 | 1.61 |
ConAgra Foods fundamentals Correlations
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ConAgra Foods Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with ConAgra Foods
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ConAgra Foods position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ConAgra Foods will appreciate offsetting losses from the drop in the long position's value.Moving together with ConAgra Stock
| 0.7 | BG | Bunge Limited Financial Report 1st of May 2024 | PairCorr |
Moving against ConAgra Stock
| 0.61 | BOF | BranchOut Food Common | PairCorr |
| 0.55 | BUD | Anheuser Busch Inbev Financial Report 2nd of May 2024 | PairCorr |
| 0.41 | SAM | Boston Beer Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to ConAgra Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ConAgra Foods when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ConAgra Foods - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ConAgra Foods to buy it.
The correlation of ConAgra Foods is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ConAgra Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ConAgra Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ConAgra Foods can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConAgra Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.
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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.