Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company primarily in the United States. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other foodservice establishments. The company sells its products under the Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, Angie's, BOOMCHICKAPOP brands. Conagra Brands, Inc. was incorporated in 1919 and is headquartered in Chicago, Illinois.
Analyst Perspectives | Price targets range from $26 to $33, reflecting varied outlooks on Conagra's ability to leverage its strengths in a competitive and evolving market landscape. |
Growth Amid Challenges | Delve into Conagra's navigation of industry-wide pressures, with projected 5% EPS growth and strategic investments in merchandising to drive future performance. |
Financial Landscape | Conagra's stock trades near 52-week low with a 7.38% dividend yield. Analysts maintain an "Overweight" rating despite industry headwinds and reduced forecasts. |
Portfolio Shift | Explore Conagra's strategic divestiture of Chef Boyardee and its focus on high-growth segments like Frozen foods and Snacking, reshaping its market position. |

Metrics to compare | CAG | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipCAGPeersSector | |
|---|---|---|---|---|
P/E Ratio | −155.8x | 23.7x | 12.0x | |
PEG Ratio | 1.38 | −1.88 | 0.03 | |
Price / Book | 0.8x | 2.7x | 1.5x | |
Price / LTM Sales | 0.6x | 2.0x | 0.9x | |
Upside (Analyst Target) | 12.0% | 9.7% | 21.8% | |
Fair Value Upside | Unlock | 10.3% | 11.6% | Unlock |