Conagra Brands Stock Fair Value Calculator – Comerica Bank Makes Significant Investment in Conagra Brands,
December 17, 2023
☀️Trending News
Recently, Comerica Bank has made a significant investment in Conagra Brands ($NYSE:CAG), Inc., one of the largest packaged food companies in North America. Conagra Brands has a portfolio of iconic and recognizable brands that are well-known and loved, including brands like Hunt’s, Healthy Choice, Orville Redenbacher’s, Crunch ‘n Munch, PAM, and more. With a collection of popular brands in the food and beverage industry, Conagra’s revenues and earnings have been increasing steadily over the past several years, making them an attractive investment opportunity for Comerica Bank. The company caters to a wide variety of consumers by offering a variety of products that are found in grocery stores, convenience stores, and other retail outlets. With their wide selection of products, from snack foods to condiments, Conagra Brands has become a stable and reliable manufacturer of consumer favorites. The company has also been investing heavily in research and development in order to stay ahead of the competition and provide their customers with quality products that are tailored to their needs.
The investment made by Comerica Bank is a major vote of confidence for Conagra Brands. The company will be able to leverage this additional capital to fund further growth and expansion initiatives, as well as experimentation with new product lines and marketing strategies. This will help Conagra Brands remain competitive in the highly competitive packaged food industry and strengthen their foothold in the marketplace. As Comerica Bank’s investment grows, so will the value of Conagra Brands’ shares and portfolio.
Market Price
Trading opened at $30.6 and closed at $29.9, indicating a 1.7% decrease from the previous closing price of 30.4. This announcement caused a stir in the markets, as investors weighed in on Comerica Bank’s decision to invest in Conagra Brands, Inc and its potential impact on the company’s future growth opportunities. With this new investment from Comerica Bank, the company is expected to have increased access to capital for future growth opportunities and to continue to build on its strong presence in the food industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Conagra Brands. More…
| Total Revenues | Net Income | Net Margin |
| 12.28k | 1.08k | 8.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Conagra Brands. More…
| Operations | Investing | Financing |
| 1.18k | -369.9 | -784.3 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Conagra Brands. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 22.37k | 13.41k | 18.59 |
Key Ratios Snapshot
Some of the financial key ratios for Conagra Brands are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.7% | -1.9% | 13.1% |
| FCF Margin | ROE | ROA |
| 6.5% | 11.4% | 4.5% |
Analysis – Conagra Brands Stock Fair Value Calculator
At GoodWhale, we recently conducted an analysis of CONAGRA BRANDS‘s wellbeing. Through our proprietary Valuation Line, we determined that the fair value of CONAGRA BRANDS shares should be around $35.9. But in the market, the stock is currently being traded at $29.9, which is a fair price, but one that is undervalued by 16.7%. More…
Peers
The company’s products are sold in more than 100 countries and are marketed under well-known brands such as Healthy Choice, Hunt’s, Slim Jim, Snack Pack, and Vlasic. Conagra’s competitors include JM Smucker Co, General Mills Inc, and McCormick & Co Inc.
– JM Smucker Co ($NYSE:SJM)
The J. M. Smucker Company has a market capitalization of $15.57 billion as of 2022 and a return on equity of 7.19%. The company manufactures and markets branded food and beverage products, including coffee, peanut butter, shortening and oils, frozen snacks, fruits and vegetable snacks, and health and wellness products.
– General Mills Inc ($NYSE:GIS)
General Mills Inc is a food company that manufactures and sells branded consumer foods worldwide. The company has a market cap of 48.09B as of 2022 and a Return on Equity of 20.18%. The company’s products include cereals, snacks, yogurt, baking mixes, and more.
– McCormick & Co Inc ($NYSE:MKC)
McCormick & Co Inc is a food company that manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavoring products. The company has a market cap of 22.46B as of 2022 and a return on equity of 13.21%. The company’s products are sold in over 180 countries and territories.
Summary
Conagra Brands, Inc. recently received a new investment from Comerica Bank. Analysts suggest that Conagra Brands is a good long-term investment opportunity due to its wide range of consumer products, strong financial performance, and attractive dividend yield. The company’s recent focus on cost optimization has resulted in increased profits while maintaining its commitment to high quality product offerings. Conagra Brands also has a diverse portfolio of brands and products, providing further potential for growth.
In addition, the company’s share price has been relatively stable over the past five years, indicating investor confidence in the company’s ability to deliver competitive returns over the long term. Overall, analysts consider Conagra Brands as a solid long-term investment opportunity.
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