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.
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
CAG moved above its 50-day moving average on November 02, 2026 date and that indicates a change from a downward trend to an upward trend. In 26 of 38 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are 68%.
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CAG's RSI Oscillator exited the oversold zone, 18 of 35 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 51%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 23 of 63 cases where CAG's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 37%.
The Momentum Indicator moved above the 0 level on October 30, 2026. You may want to consider a long position or call options on CAG as a result. In 36 of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 42%.
The Moving Average Convergence Divergence (MACD) for CAG just turned positive on October 13, 2026. Looking at past instances where CAG's MACD turned positive, the stock continued to rise in 26 of 52 cases over the following month. The odds of a continued upward trend are 50%.
Following a +4.97% 3-day Advance, the price is estimated to grow further. Considering data from situations where CAG advanced for three days, in 145 of 287 cases, the price rose further within the following month. The odds of a continued upward trend are 51%.
The Aroon Indicator entered an Uptrend today. In 113 of 210 cases where CAG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 54%.
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 50 of 62 cases within the following month. The odds of a continued downward trend are 64%.
CAG broke above its upper Bollinger Band on October 22, 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 Tickeron Price Growth Rating for this company is 48 (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 Seasonality Score of 55 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 60 (best 1 - 100 worst) indicates that the company is fair valued 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 (1.117) is normal, around the industry mean (7.698). P/E Ratio (-3.697) is within average values for comparable stocks, (6.538). Projected Growth (PEG Ratio) (10.859) is also within normal values, averaging (8.458). Dividend Yield (0.047) settles around the average of (0.048) among similar stocks. P/S Ratio (0.645) is also within normal values, averaging (5.003).
The Tickeron SMR rating for this company is 96 (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 98 (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 100 (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.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a maker of processed and packaged foods
Industry FoodMajorDiversified