Profile
Sector:
Consumer DefensiveIndustry:
Packaged FoodsCountry:
United KingdomIPO:
02 January 2015Website:
http://www.nomadfoods.comNext earnings report:
08 November 2024Last dividends:
09 August 2024Next dividends:
08 November 2024Price
after hours | Fri, 01 Nov 2024 21:59:02 GMTAnalysts recommendations
Institutional Ownership
NOMD Latest News
WOKING, England , Oct. 29, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share on the Company's issued and outstanding ordinary shares. The dividend will be payable on November 26, 2024 to shareholders of record as of the close of business on November 8, 2024.
The average of price targets set by Wall Street analysts indicates a potential upside of 25.4% in Nomad Foods (NOMD). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
The mean of analysts' price targets for Nomad Foods (NOMD) points to a 26.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Nomad Foods' 2Q24 results show a positive inflection with volumes growing 1.6%, marking the first increase in three years due to strategic pricing and promotions. Despite lower prices, gross margins rose 270 bps, with gross profits up 10%, primarily reinvested in A&P, leading to flat operating profits. Management is confident in achieving 5% growth in 2H24, with most orders already contracted, ensuring lower risks and strong revenue visibility.
The mean of analysts' price targets for Nomad Foods (NOMD) points to a 27.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Nomad Foods (NOMD) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Nomad Foods (NOMD) came out with quarterly earnings of $0.47 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.44 per share a year ago.
WOKING, England , July 24, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced it will report results for the second quarter ended June 30, 2024 before New York Stock Exchange market open on Wednesday, August 7, 2024. A conference call with members of the executive management team will be held to discuss the results with additional comments and details.
WOKING, England , May 28, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced the appointment of Ruben Baldew as Chief Financial Officer, effective June 17, 2024 (subject to, and conditioned upon, receipt of applicable work authorizations). Mr. Baldew will succeed Samy Zekhout, who is leaving his position to explore new opportunities outside of Nomad Foods.
- 1(current)
What type of business is Nomad Foods Limited?
Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. 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 meal products that include ready-to-cook noodles, pasta, lasagna, pancakes, and other ready-made meals; ice creams, such as in-home and out-of-home 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 primarily under the Birds Eye, Green Cuisine, iglo, Findus, 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.
What sector is Nomad Foods Limited in?
Nomad Foods Limited is in the Consumer Defensive sector
What industry is Nomad Foods Limited in?
Nomad Foods Limited is in the Packaged Foods industry
What country is Nomad Foods Limited from?
Nomad Foods Limited is headquartered in United Kingdom
When did Nomad Foods Limited go public?
Nomad Foods Limited initial public offering (IPO) was on 02 January 2015
What is Nomad Foods Limited website?
https://www.nomadfoods.com
Is Nomad Foods Limited in the S&P 500?
No, Nomad Foods Limited is not included in the S&P 500 index
Is Nomad Foods Limited in the NASDAQ 100?
No, Nomad Foods Limited is not included in the NASDAQ 100 index
Is Nomad Foods Limited in the Dow Jones?
No, Nomad Foods Limited is not included in the Dow Jones index
When was Nomad Foods Limited the previous earnings report?
No data
When does Nomad Foods Limited earnings report?
The next expected earnings date for Nomad Foods Limited is 08 November 2024