Conagra Brands (CAG, $31.30) beats earnings, misses revenue estimates
Shares of Conagra Brands climbed Thursday, after reporting first quarter earnings that exceeded analysts’ expectations.
The owner of food brands including Birds Eye, Healthy Choice, Slim Jim and others reported adjusted earnings of 43 cents a share, compared to analysts' expectations of 39 cents.
Net income of $173.8 million, or 36 cents a share, came in lower compared to the year-ago quarter’s $178.2 million, or 45 cents a share.
Sales increased to $2.39 billion (from the prior year's $1.82 billion), but missed Wall Street's estimate of $2.48 billion.
Chief Executive Sean Connolly indicated that although Conagra’s Foodservice and International businesses experienced unexpected softness on sales for the quarter, they surpassed its operating profit and margin expectations.
For full year 2020, Conagra projects net sales growth of 13.5% to 14%, and adjusted earnings per range of $2.08 to $2.18, reiterating its guidance.
CAG in downward trend: price may decline as a result of having broken its higher Bollinger Band on June 26, 2026
CAG broke above its upper Bollinger Band on June 26, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 27 similar instances where the stock broke above the upper band. In of the 27 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CAG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CAG's RSI Indicator exited the oversold zone, of 36 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.
The Momentum Indicator moved above the 0 level on July 10, 2026. You may want to consider a long position or call options on CAG as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for CAG just turned positive on June 09, 2026. Looking at past instances where CAG's MACD turned positive, the stock continued to rise in of 52 cases over the following month. The odds of a continued upward trend are .
CAG moved above its 50-day moving average on July 10, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for CAG crossed bullishly above the 50-day moving average on July 02, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CAG advanced for three days, in of 279 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 189 cases where CAG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.811) is normal, around the industry mean (5.136). P/E Ratio (10.124) is within average values for comparable stocks, (36.617). CAG's Projected Growth (PEG Ratio) (10.859) is very high in comparison to the industry average of (2.912). CAG has a moderately high Dividend Yield (0.101) as compared to the industry average of (0.058). P/S Ratio (0.593) is also within normal values, averaging (9.289).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CAG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CAG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a maker of processed and packaged foods
Industry FoodMajorDiversified
Advertisement