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How to Buy Conagra Brands Stock

Conagra Brands Inc

Conagra Brands is a food company located in Illinois, United States, which is part of the Consumer Defensive sector, and is traded under the ticker CAG on the NYSE exchange.

Conagra Brands stock last closed at $29.63, down 1.53% from the previous day, and has decreased 9.03% in one year. It has overperformed other stocks in the Packaged Foods industry by 0.01 percentage points. Conagra Brands stock is currently +17.77% from its 52-week low of $25.16, and -11.68% from its 52-week high of $33.55.

There are currently 478.21M shares of CAG outstanding. The market value of CAG is $14.17B. In the past 24 hours, 3.39M CAG shares were traded.

How to Buy Conagra Brands Stock

Not sure how to invest in Conagra Brands stock? Here's how.
  1. Decide where to buy Conagra Brands stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Conagra Brands stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Select your payment method and add your information.
  4. Research Conagra Brands stock: The Conagra Brands ticker symbol is CAG. Is Conagra Brands stock a good investment? Should you buy shares of CAG? How do CAG's underlying business fundamentals look? Do top analysts think Conagra Brands is a good buy? Why has CAG's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if CAG is a good stock to buy).
  5. Make your CAG purchase: Decide if you will purchase CAG shares at the current market price or use a limit order to purchase CAG stock at a specific price.
  6. Get the latest scoop on your CAG position: Create a watchlist to important updates regarding your new investment in Conagra Brands shares.

Step 1: Decide where to buy Conagra Brands stock

You will need a brokerage account in order to access the NYSE market and buy CAG shares.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've selected the best brokerage, it's time to fill out some personal details so you are able to invest in CAG stock today.

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Step 3: Deposit funds into your brokerage account

Now that you have created your account on investing apps, you can securely and quickly fund your account:

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Step 4: Research Conagra Brands stock

Once you have figured out the best place to buy Conagra Brands stock, it's very important to research their stock prior to investing, so you truly wrap your head around the risk and upside.

Conagra Brands stock at a glance

CAG Price
$29.63
1w %
4.51%
1y %
-9.03%
5y %
2.53%
P/E
40.59x
P/B
1.68x
P/S
1.18x
PEG
0.72x
Revenue
$12.05B
Earnings
$347.20M
Fore. Rev. Growth
0.61%
Fore. Earn. Growth
56.65%
Market Cap
$14.17B
Next Earnings
N/A
Next Dividend
Aug 29, 2024

CAG Overview

WallStreetZen was created to help average investors do more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on CAG's stock page.

Is CAG stock undervalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CAG's fair value.

Using relative valuations ratios:

  • CAG may be overvalued based on its P/E ratio of 40.59x, relative to Packaged Foods industry P/E ratio of 30.86x
  • CAG may be undervalued based on its P/B ratio of 1.68x, relative to Packaged Foods industry P/B ratio of 2.07x
  • CAG may be undervalued based on its PEG ratio of 0.72x

You can do more valuation analysis on CAG's stock here.

CAG Financial Health Summary

Passed Health Checks:

  • Total CAG debt is lower than 5 years ago, relative to shareholder equity.
  • CAG's operating cash flow of $2.02B allows it to safely service it's debt of $8.44B.

Failed Health Checks:

  • There are more short-term liabilities than short-term assets on the CAG balance sheet.
  • CAG earnings of $1.04B is not sufficient to cover its interest payments.
  • There are more long-term liabilities than short-term assets on the CAG balance sheet.
  • CAG has a relatively high debt to equity ratio of 1.46.
  • CAG profit margin has gone down from 5.6% to 2.9% in the past year.

Is it a good time to buy CAG stock, according to analysts?

Out of 6 Wall Street analysts who give recommendations on CAG, the consensus analyst rating on Conagra Brands is a Hold

It's important to note that analyst ratings are not recommendations, nor are they financial advice.

Most Recent CAG Analyst Recommendations

Thomas Palmer, a bottom 12% analyst from Citigroup maintains CAG with a hold rating and lowers their CAG price target from $32.00 to $30.00, on Jun 28, 2024.

You can dig deeper into what analysts are projecting on the Conagra Brands stock forecast page.

CAG Technicals

SMA10
29.01
SMA20
28.78
SMA50
29.44
SMA100
29.5
SMA200
28.89
MACD
0.08
MACD Signal
-0.14
MACD Histogram
0.22
RSI
57.6
Stochastic %K
82.96
Stochastic %D
86.36
StochRSI %K
90.71
StochRSI %D
94.93

Is CAG Making Money?

Last year, CAG earnings were $347.20M. Over the past 5 year, CAG's earnings have gone up by -13.76% per year. This was slower than the Packaged Foods industry average of 8.48%.

Last year, CAG revenue was $12.05B. Over the last five year, CAG's revenue has gone up by 4.79% per year. This was slower than the Packaged Foods industry average of 5.52%.

Dive into CAG's earnings and revenue performance here.

Are CAG executives and large shareholders buying or selling the stock?

In the last 12 months, insiders at CAG have sold more shares than they have bought.

Ruth Ann Marshall, Director of CAG, was the latest CAG insider to buy. They bought $31,246.23 worth of CAG stock on Jun 3, 2024.

Research more about who owns CAG stock here.

Does CAG provide a stable income stream?

Conagra Brands pays a dividend of 4.72%, compared to the Packaged Foods industry's average dividend yield of 3.53%. If you owned $1,000 worth of CAG stock, you would have been paid $47.25 last year.

Conagra Brands dividend payments have consistently grown over the past decade but have not remained stable.

Find more data about Conagra Brands dividend yield and history here.

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Step 5: Make your CAG purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a specific price limit, place a limit order.

Press the Open Trade button and your broker will execute your order.

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Step 6: Get the latest scoop on your CAG position

Now that you own some shares in CAG, you'll want to stay up-to-date on your new investment.

Make a watchlist to get notified of important updates regarding your CAG stock.

CAG Feed

How to Buy Stock in Conagra Brands

To summarize, here are the 6 steps you need to take to buy Conagra Brands stock right now:

  1. Decide where to buy Conagra Brands stock
  2. Create a brokerage account
  3. Deposit funds into your brokerage account
  4. Research Conagra Brands stock
  5. Make your CAG purchase
  6. Get the latest scoop on your CAG position

If you are looking for a place to buy stocks, eToro is our recommended option.

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If you want to watch your investment in Conagra Brands, click below.

NYSE: CAG
$29.63-0.46 (-1.53%)
Updated Jul 19, 2024
Open eToro Account
NYSE: CAG
$29.63-0.46 (-1.53%)
Updated Jul 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Conagra Brands share?

As of Jul 19, 2024, it costs $29.63 to buy one share of Conagra Brands stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.337 shares of CAG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Conagra Brands stock?

According to 6 Wall Street analysts who monitor Conagra Brands, their consensus recommendation is to hold Conagra Brands stock.

What is the best way to buy Conagra Brands stock?

One way to place an order for Conagra Brands stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.