Conagra Brands CAG
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Conagra Brands (CAG) Business Model and Operations Summary
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of fiscal 2024 revenue). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. The company primarily sells through the US retail channel, with just 9% of fiscal 2024 revenue coming from international markets and 10% from foodservice.
Key Insights
Conagra Brands (CAG) Core Market Data and Business Metrics
Latest Closing Price
$26.67Market Cap
$12.68 BillionAverage Daily Trade Volume
5,972,591 SharesPrice-Earnings Ratio
26.15Total Outstanding Shares
477.32 Million SharesCEO
Mr. Sean M. ConnollyTotal Employees
18,500Dividend
$0.35 Per Share QuarterlyIPO Date
January 12, 1976SIC Description
Food And Kindred ProductsPrimary Exchange
New York Stock ExchangeHeadquarters
222 W. Merchandise Mart Plaza, Chicago, IL, 60654
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
November 25, 2023 to November 24, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities | $1.92 Billion |
| Net Cash Flow From Investing Activities | $-537.10 Million |
| Net Cash Flow From Operating Activities, Continuing | $1.92 Billion |
| Net Cash Flow From Investing Activities, Continuing | $-537.10 Million |
| Net Cash Flow From Financing Activities, Continuing | $-1.40 Billion |
| Net Cash Flow, Continuing | $-20.40 Million |
Income Statement
November 25, 2023 to November 24, 2024
| Metric | Value |
|---|---|
| Preferred Stock Dividends And Other Adjustments | $0 |
| Income/Loss From Equity Method Investments | $165.40 Million |
| Income/Loss Before Equity Method Investments | $311.50 Million |
| Income/Loss From Continuing Operations Before Tax | $566.70 Million |
| Basic Average Shares | $957.40 Million |
| Income/Loss From Continuing Operations After Tax | $582.70 Million |
Comprehensive Income
November 25, 2023 to November 24, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $494 Million |
| Other Comprehensive Income/Loss | $-18.10 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $38.30 Million |
| Comprehensive Income/Loss | $532.30 Million |
Balance Sheet
November 25, 2023 to November 24, 2024
| Metric | Value |
|---|---|
| Liabilities And Equity | $21.02 Billion |
| Current Liabilities | $4.56 Billion |
| Other Current Liabilities | $2.86 Billion |
| Noncurrent Assets | $17.81 Billion |
| Other Non-current Liabilities | $387.70 Million |
| Noncurrent Liabilities | $7.66 Billion |
Historical Dividends
Current dividend: $0.35 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Dec 12, 2024 | Feb 27, 2025 | Jan 27, 2025 | $0.35 | Quarterly |
| Oct 1, 2024 | Nov 27, 2024 | Oct 31, 2024 | $0.35 | Quarterly |
| Jul 11, 2024 | Aug 29, 2024 | Aug 1, 2024 | $0.35 | Quarterly |
| Apr 11, 2024 | May 30, 2024 | Apr 30, 2024 | $0.35 | Quarterly |
| Dec 14, 2023 | Feb 29, 2024 | Jan 30, 2024 | $0.35 | Quarterly |
| Oct 4, 2023 | Nov 30, 2023 | Nov 2, 2023 | $0.35 | Quarterly |