ConAgra Foods (NYSE: CAG) recently received a number of ratings updates from brokerages and research firms:
ConAgra Foods Inc. (NYSE:CAG) opened at 47.22 on Thursday. The company has a market capitalization of $20.67 billion, a price-to-earnings ratio of 31.61 and a beta of 0.34. The company has a 50 day moving average of $45.34 and a 200 day moving average of $45.99. ConAgra Foods Inc. has a 52 week low of $37.97 and a 52 week high of $48.81.
ConAgra Foods (NYSE:CAG) last announced its quarterly earnings results on Thursday, September 29th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.13. ConAgra Foods had a net margin of 5.76% and a return on equity of 28.48%. The company had revenue of $2.67 billion for the quarter. During the same quarter in the prior year, the firm posted $0.41 EPS. The company’s revenue for the quarter was down 4.6% on a year-over-year basis. On average, equities analysts forecast that ConAgra Foods Inc. will post $2.47 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 30th. Investors of record on Monday, October 31st will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.12%. The ex-dividend date of this dividend is Thursday, October 27th. ConAgra Foods’s dividend payout ratio is presently 66.67%.