18.45 forward PE below 27.27 PE company is expected to grow over the subsequent period . Conagra Brands, Inc. expected future PE set to be at18.45 which is above current PE .
Company has seen some impressive growth inspite of the challenges in Consumer Goods Stifel Nicolaus analyst Simon Yarmak has boosted Conagra Brands, Inc. in line with current bullish sentiment, and analysts feel Conagra Brands, Inc. no longer have as much potential as they did beforeStock is above its key 200 DMA at 3.60%, suggesting the optimistic momentum might sustain for some time , further looking at the charts, stock is now trading in its longer scope above 200MA compared to its typical trading range.
Conagra Brands, Inc. current liabilities stands lower 1 at 1%. Present EPS projection at 12.06% show that management is on track with respect to expansion over PE 27.27. Equity value of the company commands a value of $15678.33 M .
As a value stock , Conagra Brands, Inc. fits the definition of a market to book ratio of 4.13. At 0.36percent swing rate asset is theoretically less volatile than the underlying price , and when returns of the asset is measured against the growth of the broader sector , company comes in at 0.36 Beta .
Peg 2.26x might not be dependable as we expect future growth rates to deviate from historical growth rates, even with lofty face value , we lack basis for believing that Conagra Brands, Inc. is overvalued . Conagra Brands, Inc. PEG ratio stands at just 2.26, compared with the sector average growth of 1.85. This suggests a decent returns given its growth track right now.
Driving very positive growth , company has really successfully able to maintain their ROA ratio at a much higher level of course currently Conagra Brands, Inc. earns ROA of 5.70% on profit, and is slightly above for the Consumer Goods sector .
In relation to the PB of share holder equity, return on net assets stands high at 14.70%, so , it’s also good to check out its total equity ratio. Supported by a up-down ratio of 0.81x, total MFI closed at $-1006.05mn. With respect to block trades, money flow ended $-968.50mn with tick up at $727.80mn and tick down at $1696.30mn led an up /down ratio of 0.43xConsumer Goods sector is staging a rebound at 6262.67 points, comparatively to the broader index, has seen a change of 15.04 .
If Conagra Brands, Inc. Quick R continues below at 0.5 for a longer duration , it may be a concern ., this means company can boost liquidity position by improving collection period and by using Sweep Accounts.
The RSI value on the graph are at 66.13 and along with the center line in MACD oscillators resulting in asset showing underlying strength . the RSI for the stock trading in the no trade zone indicative of same level price moves in the short term .
Current trends indicate market might be overpricing assets , thought its costly investors sentiments signals towards buy, while Market Value per Share of 27.27 is supported by high interest of investors in Consumer Goods sector .
Still the business looks pretty costly at the moment as Consumer Goods sector price to earnings is at 20.88 below than company PE . Conagra Brands, Inc. is currently trading 17.44% higher its 52W low , with company is near 52w low, it does not mean the prices has bottomed out . Also does not make the risk-reward ratio better.