Home Sectors Consumer Defensive Current Technicals: ConAgra Brands (NYSE: CAG)

Current Technicals: ConAgra Brands (NYSE: CAG)


ConAgra Brands trades as part of the consumer defensive sector and consumer packaged goods industry. Conagra Brands Inc is in the business of trading and merchandising packaged food in a variety of categories and in various retail channels across frozen, refrigerated, and shelf-stable temperature classes in North America.

Previous Intraday Trading Performance:

The CAG stock showed a previous change of -0.14% with an open at 22.24 and a close of 22.19. It reached an intraday high of 22.24 and a low of 21.74.

SeekingAlpha:  11 Investable Consumer Non-Durables: Finding Value In Food, Footwear, Apparel, Alcohol And Tobacco: Part 4


The stock has a market cap of $10.8b with 485.6m shares outstanding, of which the float is 481.0m shares. Trading volume reached 7,839,960 shares compared to its average volume of 8,451,187 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, ConAgra Brands shares returned 2.40% and in the past 30 trading days it returned 5.63%. Over three months, it changed -37.67%. In one year it has changed -40.32% and within that year its 52-week high was 39.43 and its 52-week low was 20.22. CAG stock is 9.74% above its 52 Week Low.

Our calculations show a 200 day moving average of 32.96 and a 50 day moving average of 24.60. Currently CAG stock is trading -32.69% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  11 Investable Consumer Non-Durables: Finding Value In Food, Footwear, Apparel, Alcohol And Tobacco: Part 4


The last annual fiscal EPS for the company was reported at 1.98 that ended on 31st of May 2018, which according to the previous close, that is a PE of 11.21. Based on 6 analyst estimates, the consensus EPS for the next quarter is 0.43. The TTM EPS is 2.12, which comes to a TTM PE of 10.47.

The following are the last four quarter reported earnings per share:
11-30-2018:  0.67
08-31-2018:  0.47
05-31-2018:  0.50
02-28-2018:  0.61

The dividend per share is currently 0.85, which is a dividend yield of 3.83%. Also, the payout ratio is 40.09%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 29.42, which means it is possibly undervalued and has a margin of safety of 24.57%

Indicators to Watch:

Based on the latest filings, there is 110.50% of institutional ownership. Short-interest is 14,501,777, which is 2.99% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.36. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.72

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 13.82%, return on assets is 4.51%, profit margin is 9.34%, price-to-sales is 1.32 and price-to-book is 1.49.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 1  :Past Performance Score
 3  :Financial Strength Score
 2  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.