Conagra’s Selloff Opened Up A Good Buying Opportunity (NYSE:CAG)

Intro

Conagra Brands (NYSE:CAG) is a solid consumer staple with a simple business: to sell their packaged food in their variety of brands primarily to retailers. The selloff done in the past month may have bottomed out and provided

Revenue EPS (GAAP) EPS (non-GAAP)*
Aug 2023 (Q1 2024) 2.90B $0.67 $0.58
May 2023 (Q4 2023) 2.97B $0.08 $0.50
Feb 2023 (Q3 2023) 3.09B $0.72 $0.58
Nov 2022 (Q2 2023) 3.31B $0.80 $0.66
Aug 2022 (Q1 2023) 2.90B ($0.16) $0.46

Metric Value Nature Multiple Share price Market cap
Free cash flow $636M Trailing 18x $23.96 $11.45B
non-GAAP EPS $2.70 Forward 18x $48.60 $23.23B
EBITDA $1.55B Trailing 4.5x $14.60 $6.98B
Growth Rate 0%-6.5% Trailing -10% N/A N/A
Equity $8.96B Present 1x $18.75 $8.96B

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