S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
NYSE:NOMD

Nomad Foods (NOMD) Stock Price, News & Analysis

$19.56
-0.14 (-0.71%)
(As of 03/28/2024 ET)
Today's Range
$19.49
$19.76
50-Day Range
$17.16
$19.93
52-Week Range
$13.56
$20.05
Volume
1.12 million shs
Average Volume
642,390 shs
Market Capitalization
$3.18 billion
P/E Ratio
15.90
Dividend Yield
3.07%
Price Target
$23.00

Nomad Foods MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.6% Upside
$23.00 Price Target
Short Interest
Healthy
1.82% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.48mentions of Nomad Foods in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.90%
From $1.91 to $2.08 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.55 out of 5 stars

Consumer Staples Sector

60th out of 134 stocks

Food & Kindred Products Industry

7th out of 14 stocks

NOMD stock logo

About Nomad Foods Stock (NYSE:NOMD)

Nomad Foods Limited manufactures, markets, and distributes a range of frozen food products in the United Kingdom, Italy, Germany, France, Sweden, Austria, Norway, Spain, Serbia, Croatia, Switzerland, and rest of Europe. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready to cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers. It also provides meals products that include ready to cook noodles, pasta, lasagna, pancakes, and other ready-made meals; ice-creams; and other products consisting of soups, pizzas, bakery goods, and meat substitutes. The company sells its products to supermarkets and food retail chains directly or through distribution arrangements primarily under the Birds Eye, iglo, Findus, Green Cuisine, Aunt Bessie's, Goodfella's, Frikom, Ledo, La Cocinera, and Belviva brand names. Nomad Foods Limited was founded in 2014 and is headquartered in Feltham, the United Kingdom.

NOMD Stock Price History

NOMD Stock News Headlines

NOMD Apr 2024 17.500 call
This consistently signaled gains of 453%... 610%... and even 1036%...
It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.
NOMD Apr 2024 15.000 put
Major Elon Musk Crypto Leak Revealed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
Nomad Foods Annual Report Available to Shareholders
Nomad Foods Q4 Profit Declines, But Revenue Rises
Nomad Foods Q4 2023 Earnings Preview
Nomad Foods Ltd (NOMD)
Nomad Foods to Present at 2024 CAGNY Conference
Nomad Foods to Present at 2024 CAGNY Conference
Nomad Foods: Dividend Insights
Update: NOMD, January 30
See More Headlines
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Company Calendar

Ex-Dividend for 2/26 Dividend
2/08/2024
Dividend Payable
2/26/2024
Last Earnings
2/29/2024
Today
3/29/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Food & kindred products
Sub-Industry
N/A
Employees
7,894
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$23.00
High Stock Price Target
$24.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+17.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$208.56 million
Pretax Margin
8.33%

Debt

Sales & Book Value

Annual Sales
$3.29 billion
Cash Flow
$2.28 per share
Book Value
$16.08 per share

Miscellaneous

Free Float
134,617,000
Market Cap
$3.18 billion
Optionable
Optionable
Beta
0.75
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Key Executives

  • Mr. Noam Gottesman (Age 63)
    Co-Founder & Co-Chairman
  • Sir Martin Ellis Franklin (Age 59)
    Co-Founder & Co-Chairman
  • Mr. Stefan Descheemaeker (Age 64)
    CEO & Director
  • Mr. Samy Rene Zekhout (Age 61)
    CFO & Director
  • Mr. Taposh Bari CFA
    CPA, Head of Investor Relations
  • Mr. Neil Stephen Fletcher
    General Counsel
  • Mr. Steven Libermann
    Executive President of Southern Europe, FBN, UK & Ireland and Global Sales
  • Mr. Steve Challouma
    Chief Marketing Officer
  • Ms. Harriet Hounsell
    Chief People Officer
  • Ms. Antje Schubert
    Executive President of Adriatics, Nordics & DACH

NOMD Stock Analysis - Frequently Asked Questions

Should I buy or sell Nomad Foods stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nomad Foods in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NOMD shares.
View NOMD analyst ratings
or view top-rated stocks.

What is Nomad Foods' stock price target for 2024?

2 Wall Street research analysts have issued 12 month target prices for Nomad Foods' stock. Their NOMD share price targets range from $22.00 to $24.00. On average, they anticipate the company's stock price to reach $23.00 in the next twelve months. This suggests a possible upside of 17.6% from the stock's current price.
View analysts price targets for NOMD
or view top-rated stocks among Wall Street analysts.

How have NOMD shares performed in 2024?

Nomad Foods' stock was trading at $16.95 on January 1st, 2024. Since then, NOMD stock has increased by 15.4% and is now trading at $19.56.
View the best growth stocks for 2024 here
.

Are investors shorting Nomad Foods?

Nomad Foods saw a increase in short interest during the month of February. As of February 29th, there was short interest totaling 2,410,000 shares, an increase of 46.1% from the February 14th total of 1,650,000 shares. Based on an average daily volume of 651,500 shares, the days-to-cover ratio is presently 3.7 days. Currently, 1.8% of the company's stock are sold short.
View Nomad Foods' Short Interest
.

When is Nomad Foods' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our NOMD earnings forecast
.

How were Nomad Foods' earnings last quarter?

Nomad Foods Limited (NYSE:NOMD) released its quarterly earnings results on Thursday, February, 29th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.01. The business earned $761 million during the quarter, compared to analysts' expectations of $766.56 million. Nomad Foods had a trailing twelve-month return on equity of 10.41% and a net margin of 6.34%. During the same period last year, the company posted $0.34 earnings per share.

How often does Nomad Foods pay dividends? What is the dividend yield for Nomad Foods?

Nomad Foods declared a quarterly dividend on Tuesday, January 30th. Shareholders of record on Friday, February 9th will be given a dividend of $0.15 per share on Monday, February 26th. This represents a $0.60 annualized dividend and a dividend yield of 3.07%. The ex-dividend date of this dividend is Thursday, February 8th.
Read our dividend analysis for NOMD
.

Is Nomad Foods a good dividend stock?

Nomad Foods (NYSE:NOMD) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.05%. The dividend payout ratio is 48.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NOMD will have a dividend payout ratio of 28.85% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NOMD.

What ETFs hold Nomad Foods' stock?

ETFs with the largest weight of Nomad Foods (NYSE:NOMD) stock in their portfolio include QRAFT AI-Enhanced U.S. Next Value ETF (NVQ).Fidelity Fundamental Small-Mid Cap ETF (FSMO).

What guidance has Nomad Foods issued on next quarter's earnings?

Nomad Foods issued an update on its FY 2024 earnings guidance on Wednesday, February, 21st. The company provided earnings per share guidance of 1.880-1.940 for the period, compared to the consensus earnings per share estimate of 1.900. The company issued revenue guidance of -.

What is Stefan Descheemaeker's approval rating as Nomad Foods' CEO?

9 employees have rated Nomad Foods Chief Executive Officer Stefan Descheemaeker on Glassdoor.com. Stefan Descheemaeker has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Nomad Foods own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nomad Foods investors own include InterDigital (IDCC), Pfizer (PFE), Verizon Communications (VZ), AbbVie (ABBV), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Procter & Gamble (PG), RTX (RTX), STAG Industrial (STAG) and Target (TGT).

Who are Nomad Foods' major shareholders?

Nomad Foods' stock is owned by many different retail and institutional investors. Top institutional investors include Boston Partners (4.13%), Allspring Global Investments Holdings LLC (4.07%), Brown Advisory Inc. (2.97%), Massachusetts Financial Services Co. MA (2.34%), Polaris Capital Management LLC (1.95%) and Wellington Management Group LLP (1.22%).

How do I buy shares of Nomad Foods?

Shares of NOMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NOMD) was last updated on 3/29/2024 by MarketBeat.com Staff

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