CAG Stock Analysis: Conagra Brands | NYSE
Packaged Foods | NYSE, USA | Market Cap: 6.593m USD | 12M Return: -28.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 241M
EPS Trend: -94.1%
Qual. Beats: 0
Rev. Trend: -97.4%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.
Conagra Brands (NYSE: CAG) is a U.S.-focused consumer packaged goods (CPG) food company headquartered in Chicago, Illinois, operating through four reportable segments: Grocery & Snacks (shelf-stable foods), Refrigerated & Frozen (temperature-controlled foods), International (retail and foodservice outside the U.S.), and Foodservice (branded and customized products sold to restaurants and other foodservice operators). The company markets a portfolio of well-known brands including Birds Eye, Marie Callenders, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angies, and BOOMCHICKAPOP, distributed primarily through U.S. retail channels with a smaller international and foodservice presence. Conagra was incorporated in 1919 and trades as a mid-cap stock in the Consumer Staples sector (Packaged Foods & Meats sub-industry).
As a packaged food manufacturer, Conagras business model depends on brand equity, broad distribution across grocery retailers, and the ability to pass input cost volatility (e.g., commodities, packaging, logistics) through to consumers. The Foodservice segment adds a separate demand driver tied to restaurant traffic and away-from-home eating, which historically behaves differently from at-home retail consumption.
- Frozen and snacks portfolio drives organic sales growth
- Input cost inflation pressures packaged food gross margins
- Private label competition compresses branded grocery volumes
- Foodservice segment rebounds on restaurant traffic recovery
| Net Income: -43.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -2.60 > 1.0 |
| NWC/Revenue: -2.84% < 20% (prev -11.40%; Δ 8.56% < -1%) |
| CFO/TA 0.06 > 3% & CFO 1.24b > Net Income -43.3m |
| Net Debt (6.67b) to EBITDA (937.2m): 7.12 < 3 |
| Current Ratio: 0.90 > 1.5 & < 3 |
| Outstanding Shares: last quarter (478.9m) vs 12m ago -0.08% < -2% |
| Gross Margin: 24.18% > 18% (prev 26.42%; Δ -2.24% > 0.5%) |
| Asset Turnover: 55.97% > 50% (prev 56.58%; Δ -0.61% > 0%) |
| Interest Coverage Ratio: 1.40 > 6 (EBIT TTM 548.2m / Interest Expense TTM 390.3m) |
| A: -0.02 (Total Current Assets 2.89b - Total Current Liabilities 3.21b) / Total Assets 19.2b |
| B: 0.31 (Retained Earnings 5.96b / Total Assets 19.2b) |
| C: 0.03 (EBIT TTM 548.2m / Avg Total Assets 20.0b) |
| D: 0.74 (Book Value of Equity 8.16b / Total Liabilities 11.0b) |
| Altman-Z'' = 1.86 = BBB |
| DSRI: 1.03 (Receivables 757.0m/769.9m, Revenue 11.2b/11.7b) |
| GMI: 1.09 (GM 26.42% / 24.18%) |
| AQI: 0.97 (AQ_t 0.70 / AQ_t-1 0.73) |
| SGI: 0.95 (Revenue 11.2b / 11.7b) |
| TATA: -0.07 (NI -43.3m - CFO 1.24b) / TA 19.2b) |
| Beneish M = -2.97 (Cap -4..+1) = A |
As of July 02, 2026, the stock is trading at USD 13.46 with a total of 17,532,600 shares traded. Over the past week, the price has changed by +0.22%, over one month by +2.67%, over three months by -12.22% and over the past year by -28.55%.
Current recommended Stop Loss: 12.80 (which is 4.9% or 1.5 ATR below the current price).
Conagra Brands has received a consensus analysts rating of 3.16. Therefore, it is recommended to hold CAG.
- StrongBuy: 0
- Buy: 3
- Hold: 16
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 14.4 | 7.1% |
P/E Forward = 8.3542
P/S = 0.5896
P/B = 0.8075
P/EG = 12.0743
Revenue TTM = 11.2b USD
EBIT TTM = 548.2m USD
EBITDA TTM = 937.2m USD
Long Term Debt = 6.46b USD (from longTermDebt, last quarter)
Short Term Debt = 98.2m USD (from shortTermDebt, last quarter)
Debt = 6.73b USD (from shortLongTermDebtTotal, last quarter) + Leases 172.2m
Net Debt = 6.67b USD (calculated: Debt 6.73b - CCE 55.1m)
Enterprise Value = 13.3b USD (6.59b + Debt 6.73b - CCE 55.1m)
Interest Coverage Ratio = 1.40 (Ebit TTM 548.2m / Interest Expense TTM 390.3m)
EV/FCF = 15.75x (Enterprise Value 13.3b / FCF TTM 842.0m)
FCF Yield = 6.35% (FCF TTM 842.0m / Enterprise Value 13.3b)
FCF Margin = 7.53% (FCF TTM 842.0m / Revenue TTM 11.2b)
Net Margin = -0.39% (Net Income TTM -43.3m / Revenue TTM 11.2b)
Gross Margin = 24.18% ((Revenue TTM 11.2b - Cost of Revenue TTM 8.48b) / Revenue TTM)
Gross Margin QoQ = 23.59% (prev 23.44%)
Tobins Q-Ratio = 0.69 (Enterprise Value 13.3b / Total Assets 19.2b)
Interest Expense / Debt = 5.80% (Interest Expense 390.3m / Debt 6.73b)
Taxrate = 12.98% (29.8m / 229.6m)
NOPAT = 477.0m (EBIT 548.2m * (1 - 12.98%))
Current Ratio = 0.90 (Total Current Assets 2.89b / Total Current Liabilities 3.21b)
Debt / Equity = 0.82 (Debt 6.73b / totalStockholderEquity, last quarter 8.16b)
Debt / EBITDA = 7.12 (Net Debt 6.67b / EBITDA 937.2m)
Debt / FCF = 7.92 (Net Debt 6.67b / FCF TTM 842.0m)
Total Stockholder Equity = 8.53b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.22% (Net Income -43.3m / Total Assets 19.2b)
RoE = -0.51% (Net Income TTM -43.3m / Total Stockholder Equity 8.53b)
RoCE = 3.66% (EBIT 548.2m / Capital Employed (Equity 8.53b + L.T.Debt 6.46b))
RoIC = 2.97% (NOPAT 477.0m / Invested Capital 16.0b)
WACC = 5.22% (E(6.59b)/V(13.3b) * Re(5.39%) + D(6.73b)/V(13.3b) * Rd(5.80%) * (1-Tc(0.13)))
Discount Rate = 5.39% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -34.10 | Cagr: -0.08%
[DCF] Terminal Value 73.10% ; FCFF base≈1.08b ; Y1≈950.9m ; Y5≈768.3m
[DCF] Fair Price = 11.83 (EV 12.3b - Net Debt 6.67b = Equity 5.66b / Shares 478.4m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -94.08 | EPS CAGR: -14.51% | SUE: -0.23 | # QB: 0
Revenue Correlation: -97.42 | Revenue CAGR: -3.50% | SUE: 0.56 | # QB: 0
EPS current Quarter (2026-08-31): EPS=0.37 | Chg30d=-5.32% | Revisions=-56% | Analysts=12
[Analyst] Revisions Ratio: -56%