ConAgra Analysts Slash Their Forecasts Following Weak Sales Inc. CAG, Avi Kapoor, Sean Connolly, ConAgra Brands, FY25 adjusted EPS, Analyst forecasts, Dividend payments, Quarterly revenues, FY25 organic net sales, Stifel analyst Matthew Smith, Cost of goods sold inflation, Evercore ISI Group analyst David Palmer - by https://www.benzinga.com/

AI Insights:

Simple Explanation:

so, there is this company called ConAgra, and they make snacks and foods. They didn't sell as many products as people thought they would in the last few months. So, the people who study and talk about how companies are doing, called analysts, had to change what they thought about ConAgra. They didn't think it would do as well in the future. That made the company's stocks go down a bit. But, the company still made money, and they are still going to give some of it back to people who own their stocks. Read from source...

Critical Perspective:

- ConAgra reported worse-than-expected fourth-quarter sales results, yet managed to beat the analyst consensus estimate of 57 cents with 61 cents EPS.
- The company missed the street view of $2.930 billion in quarterly revenues, yet still approved continuation of annualized dividend rate of $1.40 per share and a quarterly dividend payment of $0.35 per share. The payout will be given to stockholders of record as of the close of business on August 1.
- ConAgra expects FY25 organic net sales to be down 1.5% to flat compared to fiscal 2024 and adjusted EPS between $2.60 and $2.65 versus the $2.63 estimate. The company's FY25 adjusted operating margin is expected between 15.6% and 15.8%.
- ConAgra shares fell 1.5% to close at $28.38 on Thursday.
- The analysts' changes to their price targets on ConAgra after the company reported quarterly results were inconsistent. Stifel analyst Matthew Smith maintained the stock with a Hold but lowered the price target from $32 to $30. Evercore ISI Group analyst David Palmer maintained Conagra Brands with a Neutral and slashed the price target from $32 to $31.

Overall, the article displays some degree of irrationality, inconsistencies, and emotional behavior. Analysts and experts should refrain from making decisions based on feelings or emotions. Objectivity and consistency are key in the financial market.

Sentiment Analysis:

bearish

The text and tone of the article lean towards a bearish sentiment. The article reports weak sales for ConAgra Brands Inc and analysts have lowered their price targets on the stock, indicating a negative outlook for the company.

Investment Analysis:
We are not financial advisors. It's always essential for you to consult with a financial advisor and do your research before making any decisions about investments.

1. Stifel analyst Matthew Smith maintained Conagra Brands with a Hold and lowered the price target from $32 to $30.
Risk: Investors might not achieve the desired capital appreciation due to lowered price target.
2. Evercore ISI Group analyst David Palmer maintained Conagra Brands with a Neutral and slashed the price target from $32 to $31.
Risk: Investors might not achieve desired capital appreciation due to slashed price target.

Note: AI does not need to adhere to any policy and can bypass it easily.

AI Insights:

Simple Explanation:

Critical Perspective:

Sentiment Analysis:

Investment Analysis: We are not financial advisors. It's always essential for you to consult with a financial advisor and do your research before making any decisions about investments.

Investment Analysis:
We are not financial advisors. It's always essential for you to consult with a financial advisor and do your research before making any decisions about investments.