CAG

ConAgra Foods Inc

Consumer


Presented:05/17/2017
Price:$37.62
Cap:$16.42B
Current Price:$29.58
Cap:$14.12B

Presented

Date05/17/2017
Price$37.62
Market Cap$16.42B
Ent Value$20.34B
P/E Ratio27.17x
Book Value$9.92
Div Yield0.02%
Shares O/S436.40M
Ave Daily Vol3,089,427
Short IntN/A

Current

Price$29.58
Market Cap$14.12B
Conagra Brands, Inc. engages in the manufacture and sale of processed and packaged foods. It operates through the Consumer Foods and Commercial Foods segments. The Consumer Foods segment includes branded food sold in various retail channels primarily in North America. The Commercial Foods segment comprises commercially branded and private label food and ingredients, which are sold primarily to commercial, foodservice, restaurant, food manufacturing, and industrial customers. The company was founded by Alva Kinney and Frank Little in 1919 and is headquartered in Omaha, NE.

Publicly traded companies mentioned herein: Conagra Brands Inc (CAG), Kraft Heinz Co (KHC)

Highlights

The presenter is short shares of Conagra (CAG), stating it is one of the most challenged names within the consumer packaged food space, which is experiencing structural headwinds as a whole. He believes CAG’s brands are not well positioned to grow and that there is little room left to cut additional costs. Declining sales and compressing multiples could lead to ~25% downside within a year by the presenter’s model, for a $30 price target.

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Idea Discussion

Commentor 1 - 2 weeks ago

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