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NYSE: NOMD
Nomad Foods Ltd Stock Forecast, Predictions & Price Target

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Analyst price target for NOMD

Based on 7 analysts offering 12 month price targets for Nomad Foods Ltd.
Min Forecast
$19.00+8.63%
Avg Forecast
$25.43+45.39%
Max Forecast
$30.00+71.53%

Should I buy or sell NOMD stock?

Based on 7 analysts offering ratings for Nomad Foods Ltd.
Strong Buy
Strong Buy
5 analysts 71.43%
Buy
1 analysts 14.29%
Hold
1 analysts 14.29%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NOMD stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Goldman Sachs
Bottom 27%
27
HoldMaintains$19.00+8.63%2022-10-10
Mizuho
Bottom 14%
14
Strong BuyMaintains$24.00+37.22%2022-09-02
Deutsche Bank
Top 13%
88
Strong BuyMaintains$25.00+42.94%2022-07-25
BTIG
Top 6%
95
Strong BuyMaintains$25.00+42.94%2022-05-13
Anonymous
Credit Suisse
BuyMaintains$26.00+48.66%2022-04-12
Jefferies
Bottom 22%
22
Strong BuyMaintains$30.00+71.53%2022-03-30
UBS
Top 34%
67
Strong BuyInitiates Coverage On$26.00+48.66%2022-03-30
Credit Suisse
Top 4%
97
BuyMaintains$29.00+65.81%2022-02-25

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Forecast return on equity

Is NOMD forecast to generate an efficient return?
Company
12.81%
Industry
21.57%
Market
51.79%
NOMD's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is NOMD forecast to generate an efficient return on assets?
Company
5.16%
Industry
7.51%
NOMD is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

NOMD earnings per share forecast

What is NOMD's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.83+21.19%
Avg 2 year Forecast
$2.01+33.11%
Avg 3 year Forecast
$1.89+25.17%
NOMD's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

NOMD revenue forecast

What is NOMD's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$3.0B+3.25%
Avg 2 year Forecast
$3.1B+6.63%
Avg 3 year Forecast
$3.2B+9.37%
NOMD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NOMD earnings growth forecast

How is NOMD forecast to perform vs Packaged Foods companies and vs the US market?
Company
11.91%
Industry
20.23%
Market
19.59%
NOMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
NOMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
NOMD's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

NOMD revenue growth forecast

How is NOMD forecast to perform vs Packaged Foods companies and vs the US market?
Company
2.64%
Industry
3.33%
Market
6.46%
NOMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NOMD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NOMD vs Food Stocks

TickerPricePrice TargetUp/downsideConsensus
NOMD$17.49$25.43+45.39%Strong Buy
JJSF$164.02$171.00+4.26%Strong Buy
FRPT$67.02$84.29+25.76%Buy
BRBR$24.91$33.00+32.48%Strong Buy
THS$49.43$60.00+21.38%Strong Buy

Nomad Foods Stock Forecast FAQ

Is Nomad Foods Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: NOMD) stock is to Strong Buy NOMD stock.

Out of 7 analysts, 5 (71.43%) are recommending NOMD as a Strong Buy, 1 (14.29%) are recommending NOMD as a Buy, 1 (14.29%) are recommending NOMD as a Hold, 0 (0%) are recommending NOMD as a Sell, and 0 (0%) are recommending NOMD as a Strong Sell.

If you're new to stock investing, here's how to buy Nomad Foods stock.

What is NOMD's earnings growth forecast for 2022-2024?

(NYSE: NOMD) Nomad Foods's forecast annual earnings growth rate of 11.91% is not forecast to beat the US Packaged Foods industry's average forecast earnings growth rate of 20.23%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.59%.

Nomad Foods's earnings in 2022 is $267,171,717.On average, 2 Wall Street analysts forecast NOMD's earnings for 2022 to be $326,106,000, with the lowest NOMD earnings forecast at $322,542,000, and the highest NOMD earnings forecast at $329,670,000. On average, 2 Wall Street analysts forecast NOMD's earnings for 2023 to be $358,182,000, with the lowest NOMD earnings forecast at $351,054,000, and the highest NOMD earnings forecast at $365,310,000.

In 2024, NOMD is forecast to generate $336,798,000 in earnings, with the lowest earnings forecast at $276,210,000 and the highest earnings forecast at $397,386,000.

What is NOMD's revenue growth forecast for 2022-2024?

(NYSE: NOMD) Nomad Foods's forecast annual revenue growth rate of 2.64% is not forecast to beat the US Packaged Foods industry's average forecast revenue growth rate of 3.33%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.46%.

Nomad Foods's revenue in 2022 is $2,922,727,272.On average, 2 Wall Street analysts forecast NOMD's revenue for 2022 to be $532,359,135,000, with the lowest NOMD revenue forecast at $525,841,470,000, and the highest NOMD revenue forecast at $538,876,800,000. On average, 2 Wall Street analysts forecast NOMD's revenue for 2023 to be $549,812,934,000, with the lowest NOMD revenue forecast at $547,464,258,000, and the highest NOMD revenue forecast at $552,161,610,000.

In 2024, NOMD is forecast to generate $563,929,938,000 in revenue, with the lowest revenue forecast at $563,201,100,000 and the highest revenue forecast at $564,658,776,000.

What is NOMD's forecast return on assets (ROA) for 2022-2024?

(NYSE: NOMD) forecast ROA is 5.16%, which is lower than the forecast US Packaged Foods industry average of 7.51%.

What is NOMD's Price Target?

According to 7 Wall Street analysts that have issued a 1 year NOMD price target, the average NOMD price target is $25.43, with the highest NOMD stock price forecast at $30.00 and the lowest NOMD stock price forecast at $19.00.

On average, Wall Street analysts predict that Nomad Foods's share price could reach $25.43 by Oct 10, 2023. The average Nomad Foods stock price prediction forecasts a potential upside of 45.39% from the current NOMD share price of $17.49.

What is NOMD's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: NOMD) Nomad Foods's current Earnings Per Share (EPS) is $1.53. On average, analysts forecast that NOMD's EPS will be $1.83 for 2022, with the lowest EPS forecast at $1.81, and the highest EPS forecast at $1.85. On average, analysts forecast that NOMD's EPS will be $2.01 for 2023, with the lowest EPS forecast at $1.97, and the highest EPS forecast at $2.05. In 2024, NOMD's EPS is forecast to hit $1.89 (min: $1.55, max: $2.23).

What is NOMD's forecast return on equity (ROE) for 2022-2024?

(NYSE: NOMD) forecast ROE is 12.81%, which is considered weak.
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