Stock To Watch: ConAgra Foods, Inc. (NYSE:CAG)


The leading market experts have placed a mean price target of $49.55 on ConAgra Foods, Inc. (NYSE:CAG) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.66 a share for the upcoming quarter and $2.10 for the current fiscal. Technical View The technical analysis of ConAgra Foods, Inc. Common Stoc plainly substantiates that the 50-day moving average of ConAgra Foods, Inc. Common Stoc is $46.46, and stock is hovering 1.30 or +2.81% distant from $46.46. It is noted that the 200-day MA is $43.79, and ConAgra Foods, Inc. Common Stoc stock is $3.97 or +9.06% off from this point. ConAgra Foods, Inc. (NYSE:CAG) 52-week high is $48.81 and the 52-week low is $37.97. This explains if the stock moves $-1.05, it will post a 52-week high. In event of $+25.78% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of ConAgra Foods, Inc. Common Stoc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, ConAgra Foods, Inc. (NYSE:CAG) ratio came in at N/A. The stock last ended the trading session at $47.76 and registered a market cap of $20.91B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. ConAgra Foods, Inc. (NYSE:CAG) PEG ratio is at 2.87.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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