Conagra Brands, Inc. (CAG) Stock AnalysisCAGConagra Brands, Inc.

Conagra Brands, Inc. is a branded food company. The Company’s segments include Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment includes branded, shelf-stable food products sold in various retail channels in the United States. The Refrigerated & Frozen segment includes branded, temperature-controlled food products sold in various retail channels in the United States. The International segment includes branded food products in various temperature states, sold in various retail and foodservice channels outside the United States. The Foodservice segment includes branded and customized food products, including meals, entrees, sauces, and a variety of custom-manufactured culinary products that are packaged for sale to restaurants and other foodservice establishments primarily in the United States. Its brands include Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, Angie's BOOMCHICKAPOP, and others. It operates in the Consumer Non-Cyclicals sector (FOOD AND KINDRED PRODUCTS industry).

Conagra Brands Inc is currently trading at $13.49, which is below the average analyst price target of $14.75, indicating potential upside. However, the stock has a low RSI of 40.589, suggesting it is nearing oversold conditions but not quite there. The company reported a net income of $174.3 million for Q1, translating to an EPS of $0.36, which is an improvement from the previous year but still reflects challenges with declining revenue. The main risk is the projected decline in organic net sales between -3% and -1% for the upcoming fiscal year, which could impact future earnings.

14 analysts cover CAG: 10 rate it Buy, 2 Hold and 2 Sell. The average price target is 18.67.