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 $28.86, down 0.59% from the previous day, and has decreased 16.97% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.12 percentage points. Conagra Brands stock is currently +1.8% from its 52-week low of $28.35, and -30.12% from its 52-week high of $41.30.
There are currently 477.06M shares of CAG outstanding. The market value of CAG is $13.77B. In the past 24 hours, 3.21M CAG shares were traded.
How to Buy Conagra Brands Stock
Not sure how to invest in Conagra Brands stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Select your payment method and add your information.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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.
How to Set Up a New Account on eToro
- Click here to get started.
- Input your personal info to start a new brokerage account.
- Submit your details by pressing the "Create Account" button.
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:
Watch the tutorial below for more details transferring funds into your investment account.
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 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 undervalued based on its P/E ratio of 20.18x, relative to Packaged Foods industry P/E ratio of -39.5x
- CAG may be undervalued based on its P/B ratio of 1.58x, relative to Packaged Foods industry P/B ratio of 2.07x
- CAG may be undervalued based on its PEG ratio of 0.39x
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.
Failed Health Checks:
- CAG profit margin has gone down from 7.7% to 5.6% in the past year.
- There are more long-term liabilities than short-term assets on the CAG balance sheet.
- CAG earnings of $1.31B is not sufficient to cover its interest payments.
- CAG has a relatively high debt to equity ratio of 1.52.
- CAG's operating cash flow of $995.40M allows it to safely service it's debt of $9.24B.
- There are more short-term liabilities than short-term assets on the CAG balance sheet.
Is it a good time to buy CAG stock, according to analysts?
Out of 9 Wall Street analysts who give recommendations on CAG, the consensus analyst rating on Conagra Brands is a Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent CAG Analyst Recommendations
Robert Moskow, a top 5% analyst from TD Cowen initiates coverage on CAG with a hold rating and announces their CAG price target of $32.00, on Sep 13, 2023.
Ken Goldman, a top 7% analyst from JP Morgan maintains CAG with a hold rating and lowers their CAG price target from $38.00 to $37.00, on Aug 21, 2023.
Pamela Kaufman, a top 14% analyst from Morgan Stanley downgrades CAG to a hold rating and lowers their CAG price target from $46.00 to $37.00, on Jul 17, 2023.
Steve Powers, a top 14% analyst from Deutsche Bank maintains CAG with a hold rating and lowers their CAG price target from $36.00 to $35.00, on Jul 14, 2023.
Rob Dickerson, a top 17% analyst from Jefferies downgrades CAG to a hold rating and lowers their CAG price target from $46.00 to $38.00, on Jul 5, 2023.
You can dig deeper into what analysts are projecting on the Conagra Brands stock forecast page.
CAG Technicals
Is CAG Making Money?
Last year, CAG earnings were $683.60M. Over the past 5 year, CAG's earnings have gone up by -6.49% per year. This was slower than the Packaged Foods industry average of 1.83%.
Last year, CAG revenue was $12.28B. Over the last five year, CAG's revenue has gone up by 9.11% per year. This was faster than the Packaged Foods industry average of 7.62%.
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 $31,225.80 worth of CAG stock on Sep 1, 2023.
Research more about who owns CAG stock here.
Does CAG provide a stable income stream?
Conagra Brands pays a dividend of 4.64%, compared to the Packaged Foods industry's average dividend yield of 3.8%. If you owned $1,000 worth of CAG stock, you would have been paid $46.43 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.
If you need additional assistance investing in stocks on eToro, watch the helpful video below:
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:
- Decide where to buy Conagra Brands stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Research Conagra Brands stock
- Make your CAG purchase
- Get the latest scoop on your CAG position
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your investment in Conagra Brands, click below.
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