NOMD

Nomad Foods Ltd

Consumer, SPAC


Presented:08/17/2016
Price:$9.70
Cap:$0.00B
Current Price:$17.57
Cap:$2.86B

Presented

Date08/17/2016
Price$9.70
Market Cap$0.00B
Ent Value$0.00B
P/E RatioN/A
Book Value$11.16
Div Yield0%
Shares O/S0.00M
Ave Daily Vol680,783
Short Int0.37%

Current

Price$17.57
Market Cap$2.86B
Nomad Foods Ltd. operates as a holding company, which manufactures and sells frozen foods for human consumption. It operates through three brands Birds Eye, Iglo and Findus. The company was founded by Noam Gottesman and Martin E. Franklin on April 1, 2014 and is headquartered in Middlesex, the United Kingdom.

Publicly traded companies mentioned herein: Nomad Foods Ltd (NOMD)

Highlights

The presenter is long shares of Nomad Foods (NOMD), expecting revenue declines to revert to flat-to-up as a result of a shift to more appropriate go to market strategies. Improving cash flow will help address leverage concerns, and the opportunity for more deal activity is also underappreciated. He sees 25% upside in NOMD shares over the next 12 – 18 months.

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Idea Discussion

Commentor 1 - 2 weeks ago

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