ConAgra Brands moved -2.5% this afternoon session, trading between a high of $27.375 and a low of $26.625 per share. Yesterday the stock finished at $27.42 per share, compared to an average analyst target price of $35.31.
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The large-cap packaged foods company is based in the United States, and over the last twelve months it has returned a dividend yield of 4.8%. ConAgra Brands has trailing twelve months earnings per share (EPS) of 1.42, which at today's prices amounts to a price to earnings (P/E) ratio of 18.8.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.31. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-07-21 | 11,535,900 | -8,697,100 | 25 | -10.71 |
| 2021-07-23 | 11,184,700 | -8,005,500 | 28 | 0.0 |
| 2020-07-24 | 11,054,400 | -7,984,800 | 28 | 0.0 |
| 2019-07-19 | 9,538,400 | -6,885,400 | 28 | -6.67 |
| 2018-07-20 | 7,938,300 | -5,586,800 | 30 | 0.0 |
| 2017-07-21 | 7,826,900 | -5,484,800 | 30 |
At 28.2%, ConAgra Brands's average gross margins are wider than the 24.63% average of its industry peer group, which suggests that the firm might have a competitive advantage.
