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Nomad Foods LimitedNYSE: NOMD

Profile

Country:

United Kingdom

IPO:

02 January 2015

Next earnings report:

28 February 2025

Last dividends:

08 November 2024

Next dividends:

N/A
$2.75 B
-41%vs. 3y high
66%vs. sector
-42%vs. 3y high
21%vs. sector
-48%vs. 3y high
31%vs. sector
-45%vs. 3y high
50%vs. sector

Price

after hours | Wed, 20 Nov 2024 22:59:42 GMT
$17.10+$0.27(+1.60%)
$846.41 M$792.12 M
$846.41 M$77.32 M

Analysts recommendations

Institutional Ownership

NOMD Latest News

Nomad Foods: Attractive Valuation, But Risks Remain
seekingalpha.com20 November 2024 Sentiment: POSITIVE

Nomad Foods is the largest frozen food (excl. ice cream) company in Europe, trading at less than 9x forward earnings. The company has shown consistent free cash flow generation and has a portfolio of well-known brands that in some cases have been around for more than a century. Nomad Foods started as a SPAC in 2014 and acquired many brands along the way. While the company never overpaid for acquisitions, the balance sheet is stretched.

Nomad Foods Limited (NOMD) Q3 2024 Earnings Call Transcript
seekingalpha.com14 November 2024 Sentiment: NEUTRAL

Nomad Foods Limited (NYSE:NOMD ) Q3 2024 Earnings Conference Call November 14, 2024 8:00 AM ET Company Participants Jason English - Head of Investor Relations Stefan Descheemaeker - Chief Executive Officer Ruben Baldew - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Steve Powers - Deutsche Bank Rob Dickinson - Jefferies John Baumgartner – Mizuho Securities Jon Tanwanteng - CJS Securities Peter Saleh - BTIG Operator Good day, ladies and gentlemen and welcome to Nomad Foods Third Quarter 2024 Earnings Conference Call. At this time, all participant lines are in the listen-only mode.

Nomad Foods (NOMD) Tops Q3 Earnings and Revenue Estimates
zacks.com14 November 2024 Sentiment: POSITIVE

Nomad Foods (NOMD) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.47 per share a year ago.

Nomad Foods Reports Third Quarter 2024 Financial Results
prnewswire.com14 November 2024 Sentiment: POSITIVE

Balanced growth strategy delivers volume & value gains Revenue growth of +0.8% with Adjusted EPS +28% YoY to €0.55 Full year 2024 guidance reduced following a temporary ERP disruption WOKING, England , Nov. 14, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD), today reported financial results for the three and nine month periods ended September 30, 2024.  Key operating highlights and financial performance for the third quarter 2024, when compared to the third quarter 2023, include: Reported revenue increased 0.8% to €770 million Organic revenue growth of 0.3% with volume growth of 0.7%, despite an approximate 2.5% temporary headwind related to greater than expected ERP disruptions Adjusted EBITDA increased 19.0% to €166 million Adjusted EPS increased 28% to €0.55 Management Comments Stéfan Descheemaeker, Nomad Foods' Chief Executive Officer, stated, "I am pleased our team continues to accelerate profitable volume growth, and I am confident that our commercial flywheel is working and building momentum.

Nomad Foods Declares Quarterly Dividend
prnewswire.com29 October 2024 Sentiment: POSITIVE

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.

Wall Street Analysts See a 25.36% Upside in Nomad Foods (NOMD): Can the Stock Really Move This High?
zacks.com30 September 2024 Sentiment: POSITIVE

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.

Wall Street Analysts Think Nomad Foods (NOMD) Could Surge 26.35%: Read This Before Placing a Bet
zacks.com13 September 2024 Sentiment: POSITIVE

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 Is Preparing For A Good H2 2024 With Volume Recovery, And The Stock Is A Buy
seekingalpha.com13 September 2024 Sentiment: POSITIVE

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.

Wall Street Analysts Think Nomad Foods (NOMD) Could Surge 27.25%: Read This Before Placing a Bet
zacks.com12 August 2024 Sentiment: POSITIVE

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.

Are Investors Undervaluing Nomad Foods Limited (NOMD) Right Now?
zacks.com09 August 2024 Sentiment: POSITIVE

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.

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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 28 February 2025