(NYSE:CAG) Conagra Brands Inc Hits 52 Week Low

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Shipwreck freeimages.com/Roger Buser
Shipwreck freeimages.com/Roger Buser

Conagra Brands Inc (NYSE:CAG)

December 6th, 2018
Conagra Brands Inc fell $0.47 Thursday which equals a 1.46% drop, closing at $31.62. As well as the drop in value, Conagra Brands Inc hit a new 52 week low of $30.90, breaking the previous low of $31.86 from earlier this September. It’s expected that Conagra Brands Inc will report earnings within the next couple of weeks.

CAG was outperformed by the rest of the Consumer Staples sector which went down only 0.10%.
Conagra Brands Inc is listed on the S&P 500 index, and was one of 282 stocks that slumped today. Weighted by market cap, CAG represents about 0.05% of the S&P 500.

Results from 12 analysts suggest that Conagra Brands Inc might go up significantly (27%), while Finbox has calculated (with low uncertainty) a fair value price of $30.69.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector dropping 13%.

Communication Services saw the biggest turnaround from its 5-day performance of -0.23%, as it went up 1.04%. Energy and Materials both saw turn arounds from their five day positive performance, Energy with a drop of 1.77%.

Sector Breakdown

  • Real Estate went up with a 2.66% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.10% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.36% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

Conagra Brands Inc. is based in Omaha. Conagra Brands Inc. was founded in 1919.

Conagra Brands Inc Info

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States. The Refrigerated & Frozen segment provides temperature controlled food products in various retail channels in the United States. The International reporting segment offers food products in various temperature states in retail and foodservice channels outside of the United States. The Foodservice segment offers food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. Conagra Brands, Inc. sells its products under the Marie Callender’s, Reddi-wip, Hunt’s, Healthy Choice, Slim Jim, Orville Redenbacher’s, Alexia, Angie’s BOOMCHICKAPOP, Blake’s, Duke’s, Frontera, Banquet, Chef Boyardee, and BIGS brand names. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

All amounts in USD unless otherwise indicated

CAG daily update
CAG daily update


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