Conagra Brands (CAG)
NYSEConsumer StaplesPackaged FoodsSnapshot 2026-07-08
$13.77-1.85%
Close 2026-07-08 · 1-day change
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Track CAG free→NYSEConsumer StaplesPackaged FoodsSnapshot 2026-07-08
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Track CAG free→Conagra aims to reach adjusted EPS between $1.70 and $1.85 in fiscal 2026. The company targets an operating margin near 11.5%. New product launches could boost organic sales growth. Free cash flow yield is solid at 13%.
Conagra faces cost pressures and weak demand that threaten margins. Recent guidance cuts and analyst downgrades raise concerns. Revenue growth is expected to be flat or negative. The stock trades at a low valuation for a reason.
The market prices Conagra about 30% below our fair value near $20. Analysts expect flat revenue growth and EPS below management's high end. Our fair value is well above the Street median, reflecting some optimism on turnaround progress.
Breaks if: adjusted EPS falls below $1.70 in FY26
Conagra aims to achieve adjusted EPS between $1.70 and $1.85 for fiscal 2026.
Stated in 4 of last 4 quarters. The company narrowed its fiscal 2026 guidance to adjusted EPS of approximately $1.70, at the low end of its $1.70 to $1.85 range. With diluted EPS at $0.42 in 2026-Q3, the trajectory shows limited progress towards the target.
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“Adjusted EPS of approximately $1.70, at the low end of its $1.70 to $1.85 range”
“Adjusted EPS between $1.70 and $1.85”
“Adjusted EPS between $1.70 and $1.85”
“Adjusted EPS between $1.70 and $1.85”
Breaks if: operating margin falls below 11.0% in FY26
Conagra aims to maintain an adjusted operating margin near 11.5% for fiscal 2026.
Stated in 4 of last 4 quarters. The company aims to maintain an adjusted operating margin near 11.5%. With operating income at $280.1M in 2026-Q3, the margin guidance remains consistent, indicating mixed progress.
“Adjusted operating margin near the high end of its ~11.0% to ~11.5% range”
“Adjusted operating margin between ~11.0% and ~11.5%”
“Adjusted operating margin between ~11.0% and ~11.5%”
“Adjusted operating margin between ~11.0% and ~11.5%”
Breaks if: organic net sales decline worse than -1.0% in FY26
Conagra targets an organic net sales change between (1)% and 1% for fiscal 2026.
Stated in 4 of last 4 quarters. The company targets an organic net sales change between (1)% and 1%. With revenue at $2.79B in 2026-Q3, the sales trajectory is behind the target, showing limited progress.
“Organic net sales change near the midpoint of its (1)% to 1% range”
“Organic net sales change of (1)% to 1%”
“Organic net sales growth of (1)% to 1%”
“Organic net sales growth of (1)% to 1%”