Conagra Brands (CAG) Earns Daily Coverage Optimism Score of 0.15

News articles about Conagra Brands (NYSE:CAG) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Conagra Brands earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.3827069043918 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the headlines that may have effected Accern Sentiment’s analysis:

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Shares of CAG stock traded down $1.07 during mid-day trading on Wednesday, reaching $35.34. The company had a trading volume of 5,515,299 shares, compared to its average volume of 3,430,974. Conagra Brands has a 12 month low of $32.16 and a 12 month high of $41.29. The stock has a market capitalization of $14,560.02, a price-to-earnings ratio of 21.16, a price-to-earnings-growth ratio of 2.31 and a beta of 0.32. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.11 and a quick ratio of 0.54.

Conagra Brands (NYSE:CAG) last announced its quarterly earnings data on Thursday, December 21st. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.52 by $0.03. The business had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.07 billion. Conagra Brands had a return on equity of 19.58% and a net margin of 9.04%. The company’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.49 earnings per share. research analysts predict that Conagra Brands will post 1.96 EPS for the current year.

A number of analysts recently commented on the company. Zacks Investment Research lowered Conagra Brands from a “buy” rating to a “hold” rating in a research note on Tuesday, February 27th. Stifel Nicolaus raised their price target on Conagra Brands from $38.00 to $42.00 and gave the stock a “buy” rating in a research note on Saturday, December 30th. Credit Suisse Group set a $40.00 price target on Conagra Brands and gave the stock a “hold” rating in a research note on Monday, December 25th. Sanford C. Bernstein raised Conagra Brands from an “underperform” rating to a “market perform” rating in a research note on Thursday, December 14th. Finally, UBS raised Conagra Brands from a “sell” rating to a “neutral” rating and raised their price target for the stock from $33.00 to $37.00 in a research note on Tuesday, December 12th. One analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $40.50.

In other Conagra Brands news, Director Joie A. Gregor sold 5,250 shares of the firm’s stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $38.04, for a total transaction of $199,710.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Robert G. Wise sold 23,170 shares of the firm’s stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $37.87, for a total value of $877,447.90. Following the transaction, the senior vice president now directly owns 51,859 shares of the company’s stock, valued at approximately $1,963,900.33. The disclosure for this sale can be found here. Insiders have sold 33,670 shares of company stock valued at $1,276,868 in the last three months. Insiders own 0.79% of the company’s stock.

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About Conagra Brands

Conagra Brands, Inc, formerly ConAgra Foods, Inc, operates as a packaged food company. The Company operates through two segments: Consumer Foods and Commercial Foods. The Company sells branded and customized food products, as well as commercially branded foods. It also supplies vegetable, spice and grain products to a range of restaurants, foodservice operators and commercial customers.

Insider Buying and Selling by Quarter for Conagra Brands (NYSE:CAG)

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