Stock price performance of ConAgra Brands, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 12.71% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -16.13% . Looking at the past 52 week period, the stock price is down -0.05% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of ConAgra Brands, Inc. has a negative value of -11.36 compared to overall market performance. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 0.56% and the 50-Day Moving Average is 2.64%.The 200 Day SMA reached 7.87%
Conagra Brands, Inc. is having a Relative Strength Index of 63.91 which indicates the stock is not yet over sold or over bought based on the technical indicators. ConAgra Brands, Inc. (NYSE:CAG) has climbed 0.97% in the past week and advanced 1.63% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.85% and the outperformance has advanced to 0.72% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Jan 9, 2017, Joie A Gregor (director) sold 3,300 shares at 39.01 per share price.On Jul 19, 2016, Robert G Wise (SVP, Corporate Controller) sold 15,708 shares at 47.90 per share price.On Jul 8, 2016, Rajive Johri (director) sold 15,000 shares at 47.53 per share price.
ConAgra Foods Inc Last issued its quarterly earnings results on Dec 22, 2016. The company reported $0.49 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.45. The company had revenue of $2088.00 million for the quarter, compared to analysts expectations of $2113.10 million. The companys revenue was down -32.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.58 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.ConAgra Foods Inc was Upgraded by Citigroup to Buy on Jan 11, 2017. Company shares were Reiterated by Credit Suisse on Dec 23, 2016 to Neutral, Raises Price Target to $ 40 from a previous price target of $35 .ConAgra Foods Inc was Initiated by UBS on Nov 14, 2016 to Neutral, Price Target of the shares are set at $36.ConAgra Foods Inc was Resumed by JP Morgan on Nov 9, 2016 to Overweight, Price Target of the shares are set at $55.
ConAgra Brands, Inc. (NYSE:CAG) : On Friday heightened volatility was witnessed in ConAgra Brands, Inc. (NYSE:CAG) which led to swings in the share price. The stock opened for trading at $39.48 and hit $39.54 on the upside , eventually ending the session at $39.37, with a gain of 0.33% or 0.13 points. The heightened volatility saw the trading volume jump to 1,757,718 shares. The 52-week high of the share price is $39.97 and the company has a market cap of $17,134 million. The 52-week low of the share price is at $29.756439 .
Conagra Brands, Inc. manufactures and markets packaged foods for retail consumers, restaurants and institutions. Its operating segment consists of Consumer Foods and Commercial Foods. The Company offers meals, entrees, condiments, sides, snacks, specialty potatoes, milled grain ingredients, dehydrated vegetables and seasonings, and blends and flavors. Its brands include Marie Callenders, Healthy Choice, Slim Jim, Hebrew National, Orville Redenbachers, Peter Pan, Reddi-wip, PAM, Snack Pack, Banquet, Chef Boyardee, Egg Beaters, Rosarita, Fleischmanns and Hunts. Conagra Brands Inc., formerly known as ConAgra Foods Inc., is headquartered in Chicago, Illinois.