Conagra (CAG, $25.84) misses Q4 earnings expectations; lowers 2020 guidance
Conagra reported fiscal fourth-quarter earnings that fell short of analysts’ expectations.
The packaged foods company reported adjusted earnings of 36 cents a share, compared to 41 cents a share that analysts polled by FactSet had estimated. Earnings per share were also lower from the year-ago quarter’s 50 cents a share.
For the full fiscal year, Conagra raked in adjusted earnings of $2.01 per share, higher than $1.98 in the year-ago quarter. However, the figure is still below the $2.06 a share forecast by analysts polled by FactSet
Conagra also lowered its full-year fiscal 2020 adjusted earnings guidance to $2.08 to $2.18 per share, compared to its prior forecast of $2.10 to $2.20. The downward revision partly reflects the company's divestiture of its Gelit frozen pasta business. Analysts had been expecting $2.16 per share in earnings.
CAG in upward trend: price expected to rise as it breaks its lower Bollinger Band on April 08, 2025
CAG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 45 cases where CAG's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 57 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 .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CAG advanced for three days, in of 300 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on April 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CAG as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for CAG turned negative on April 08, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 55 similar instances when the indicator turned negative. In of the 55 cases the stock turned lower in the days that followed. This puts the odds of success at .
CAG moved below its 50-day moving average on April 15, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for CAG crossed bearishly below the 50-day moving average on April 17, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
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 .
The Aroon Indicator for CAG entered a downward trend on April 15, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 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 (1.576) is normal, around the industry mean (6.512). P/E Ratio (14.478) is within average values for comparable stocks, (27.022). CAG's Projected Growth (PEG Ratio) (0.733) is slightly lower than the industry average of (2.471). Dividend Yield (0.047) settles around the average of (0.043) among similar stocks. P/S Ratio (1.170) is also within normal values, averaging (67.421).
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 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 75, placing this stock worse than average.
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.
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
General Information
a maker of processed and packaged foods
Industry FoodSpecialtyCandy