Conagra Brands operates through three segments: Consumer Foods, Commercial Foods, and Private Brands. The company offers branded food products in various categories, such as meals, entrees, condiments, sides, snacks, and desserts to various retail channels, such as frozen, refrigerated, and shelf-stable temperature classes. The company was founded in 1919 and is based in Omaha, Nebraska.
CAG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Conagra Brands Inc. To summarize, we found that Conagra Brands Inc ranked in the 50th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 19.33%. As for the metrics that stood out in our discounted cash flow analysis of Conagra Brands Inc, consider:
Conagra Brands Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 8.57% of tickers in our DCF set.
Relative to other stocks in its sector (Consumer Defensive), Conagra Brands Inc has a reliance on debt greater than 62.3% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Conagra Brands Inc? See DL, KDP, THS, USNA, and FARM.
Shares of Conagra Brands, Inc. (NYSE: CAG) got back on track pretty quickly after being hit by the COVID-induced sell-off a few months ago, unlike many Wall Street firms that struggle to regain the lost momentum. As part of its strategy of returning excess cash to shareholders, the company recently hiked the dividend. Related: Conagra […]
Conagra Brands, Inc. (CAG) Q1 2021 Results Earnings Conference Call October 1, 2020, 9:30 AM ET Company Participants Brian Kearney - Investor Relations Sean Connolly - President and CEO Dave Marberger - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Ken Goldman - JP Morgan Jason English -...
Conagra Brands, Inc. (NYSE: CAG) Q1 2021 earnings call dated Oct. 01, 2020 Presentation: Operator Good morning, everyone, and welcome to the Conagra Brands Fiscal ’21 First Quarter Earnings Conference Call. [Operator Instructions] At this time, I’d like to turn the conference call over to Brian Kearney, Investor Relations. Sir, please go ahead. Brian Kearney — Investor […]