ConAgra Brands (CAG) Plunges 1.08% on Weak Earnings

Generated by AI AgentAinvest Movers Radar
Tuesday, Apr 29, 2025 6:44 pm ET1min read

ConAgra Brands (CAG) shares fell to their lowest level since February 2025 today, with an intraday decline of 1.08%.

ConAgra Brands' recent financial performance has been a significant factor in the decline of its stock price. The company reported weaker-than-expected fiscal 2025 third-quarter results, with a notable decrease in profit and earnings. The profit for the quarter was $145.1 million, a significant drop from $308.6 million in the previous year, reflecting a 5% decline in organic sales. This financial underperformance has contributed to the downward pressure on the stock price.

Supply chain disruptions have also played a crucial role in the company's recent struggles.

faced challenges in its frozen and refrigerated food segments, which hindered its ability to meet market demand. These disruptions led to a decline in sales, further exacerbating the negative impact on the stock price.

Analysts have provided mixed signals regarding the future performance of ConAgra Brands. The company has been given a "Hold" rating with a 12-month price forecast of $28.3, suggesting a potential upside of 16.27%. However, concerns over margin pressures from tariffs and input cost inflation have led some analysts to suggest a 'Sell' rating, indicating potential risks to earnings growth.

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