How to Buy Nomad Foods Stock

Nomad Foods Ltd

Nomad Foods is a food company located in United Kingdom, which is part of the Consumer Defensive sector, and is traded under the ticker NOMD on the NYSE exchange.

Nomad Foods stock last closed at $17.73, up 0.91% from the previous day, and has increased 7.98% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.03 percentage points. Nomad Foods stock is currently +10.88% from its 52-week low of $15.99, and -11.57% from its 52-week high of $20.05.

As of Dec 5, 2024, there are 170.3M shares of NOMD outstanding. The market capitalization of NOMD is $3.02B. In the past 24 hours, 555,903 NOMD shares were traded.

How to Buy Nomad Foods Stock

Wondering how to invest in Nomad Foods stock? Here's how.

  1. Figure out where to buy Nomad Foods stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Nomad Foods stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Select your method of payment and add your info.
  4. Evaluate Nomad Foods stock: The Nomad Foods ticker symbol is NOMD. Is Nomad Foods stock a good investment? Should you buy shares of NOMD? How do NOMD's underlying business fundamentals look? Do top analysts think Nomad Foods is a good buy? Why has NOMD's stock price moved recently? (Hint: Our stock market analysis website can help you understand if NOMD is a good stock to buy).
  5. Place your NOMD purchase: Decide if you will purchase NOMD shares at the current market price or use a limit order to purchase NOMD shares at a specific price.
  6. Get the latest scoop on your NOMD position: Create a watchlist to track your new investment in Nomad Foods shares.

Step 1: Figure out where to buy Nomad Foods stock

You need an online brokerage account to access the NYSE market and buy NOMD stock.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our analysis, eToro is the best place to buy stocks. eToro gives you:

  • Invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
  • Access to global financial markets: From Technology to Real Estate, New York to Shanghai — you can fill your portfolio with stocks from the world's leading exchanges.
  • Social investing: eToro boasts a community of more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your share purchase by signing up for an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create your brokerage account

Now that you've selected the best brokerage, you'll need to fill out some personal information so you are able to buy NOMD stock today.

How to Set Up a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal data to open your new brokerage account.
  1. Send your info by pressing the "Create Account" button.
  2. 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.

Step 3: Put funds into your investment account

Now that you've created your account on the best stock trading app, your next step is to transfer the money for your investment:

Check out the tutorial below to see the process of transferring funds into your brokerage account.

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.

Step 4: Evaluate Nomad Foods stock

Once you have selected the best place to buy Nomad Foods stock, it's absolutely critical to evaluate their stock before you buy, so you can understand the risk as well as the upside.

Nomad Foods Metrics

NOMD Price
$17.73
1w %
-3.17%
1y %
7.98%
5y %
-14.35%
P/E
13.54x
P/B
1.06x
P/S
0.93x
PEG
0.74x
Revenue
$3.26B
Earnings
$213.19M
Fore. Rev. Growth
2%
Fore. Earn. Growth
18.25%
Market Cap
$3.02B
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of Nomad Foods

WallStreetZen was built to help part-time investors perform better fundamental analysis.

You can see all of the due diligence checks on NOMD's stock page.

Is NOMD stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge NOMD's intrinsic value.

Using relative valuations metrics:

  • NOMD could be undervalued based on its P/E ratio of 13.54x, relative to Packaged Foods industry P/E ratio of 23.79x
  • NOMD may be undervalued based on its P/B ratio of 1.06x, relative to Packaged Foods industry P/B ratio of 2.17x
  • NOMD could be undervalued based on its PEG ratio of 0.74x

You can do additional valuation research on NOMD's stock here.

NOMD Financial Health

Passed Health Checks:

  • There are more short-term assets than short-term liabilities on the NOMD balance sheet.

Failed Health Checks:

  • NOMD has a relatively high debt to equity ratio of 1.42.
  • Total NOMD debt is higher than 5 years ago, relative to shareholder equity.
  • NOMD's operating cash flow of $415.74M allows it to safely service it's debt of $2.27B.
  • There are more long-term liabilities than short-term assets on the NOMD balance sheet.
  • NOMD earnings of $385.32M is not enough to cover its interest payments.
  • NOMD profit margin has gone down from 6.8% to 6.5% in the past year.

Do Wall Street analysts think it's a good time to buy Nomad Foods stock

Out of 2 Wall Street analysts who research NOMD, the consensus analyst rating on NOMD is a Strong Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Nomad Foods stock forecast page.

NOMD Technicals

SMA10
17.86
SMA20
17.35
SMA50
17.7
SMA100
18.2
SMA200
18.21
MACD
0.08
MACD Signal
0
MACD Histogram
0.08
RSI
52.22
Stochastic %K
72.75
Stochastic %D
77.92
StochRSI %K
65.84
StochRSI %D
74.99

How is NOMD performing as a company?

Last year, NOMD earnings were $213.19M. During the past 5 year, NOMD's earnings have grown by 9.51% per year. This was faster than the Packaged Foods industry average of -1.22%.

Last year, NOMD revenue was $3.26B. In the last 5 year, NOMD's revenue has gone up by 6.06% per year. This was faster than the Packaged Foods industry average of 5.68%.

You can analyze NOMD's earnings and revenue performance here.

What are NOMD executives and large shareholders up to?

Over the past 12 months, insiders at NOMD have not bought or sold any shares.

Research more about who owns NOMD stock here.

Does NOMD provide a stable income stream?

Nomad Foods pays a dividend of 3.38%, compared to the Packaged Foods industry's average dividend yield of 3.3%. If you owned $1,000 worth of NOMD stock, you would have received $33.84 last year.

Dig into more analysis about Nomad Foods dividend yield and history here.

Get analysis from other traders

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Place your NOMD purchase

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given price limit, place a limit order.

Hit the Open button and eToro will place the order.

If you want additional info about investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Get the latest scoop on your NOMD position

Now that you own some NOMD shares, you'll want to stay up-to-date on your company.

Create a watchlist to get the latest updates about your NOMD stock.

NOMD Feed

How to Buy Stock in Nomad Foods

To reiterate, here are the 6 steps you need to take to buy Nomad Foods stock right now:

  1. Figure out where to buy Nomad Foods stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Evaluate Nomad Foods stock
  5. Place your NOMD purchase
  6. Get the latest scoop on your NOMD position

If you need a online brokerage, eToro is our favorite option.

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.

If you would like to get notifications regarding your investment in Nomad Foods, create a watchlist on WallStreetZen today.

NYSE: NOMD
$17.73+0.16 (+0.91%)
Updated Dec 5, 2024
Open eToro Account
NYSE: NOMD
$17.73+0.16 (+0.91%)
Updated Dec 5, 2024
Open eToro Account

FAQ

How much does it cost to buy one Nomad Foods share?

As of Dec 5, 2024, it costs $17.73 to buy one share of Nomad Foods stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $8, you can buy 0.451 shares of NOMD.

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 Nomad Foods stock?

According to 2 Wall Street analysts who monitor Nomad Foods, their consensus recommendation is to buy Nomad Foods stock.

What is the best way to buy Nomad Foods stock?

One way to place an order for Nomad Foods 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.