Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates through four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments. The company sells its products under the Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie's, BOOMCHICKAPOP brands. The company was incorporated in 1919 and is headquartered in Chicago, Illinois.
Analyst Outlook | Discover varied analyst perspectives on Conagra's future, with price targets ranging from $27 to $30, reflecting both challenges and growth opportunities. |
Market Dynamics | Learn how Conagra navigates industry-wide pressures, supply chain disruptions, and evolving consumer preferences in the competitive packaged food sector. |
Financial Headwinds | Delve into Conagra's recent earnings challenges and reduced forecasts, balanced against its strong dividend history and potential for future growth. |
Portfolio Reshaping | Explore Conagra's strategic moves in optimizing its product lineup, including potential divestitures, to focus on core growth areas like frozen foods and snacks. |
Metrics to compare | CAG | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipCAGPeersSector | |
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P/E Ratio | 36.8x | 25.1x | 11.5x | |
PEG Ratio | −0.56 | 0.58 | 0.03 | |
Price / Book | 1.4x | 2.0x | 1.5x | |
Price / LTM Sales | 1.0x | 1.4x | 0.9x | |
Upside (Analyst Target) | 6.5% | 18.2% | 20.9% | |
Fair Value Upside | Unlock | 6.2% | 11.4% | Unlock |