Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Conagra Brands, Inc.

CAGNYSE
Wall Street Score · overall investment21/100
$14.09USD+$0.17 (+1.22%)
Company website www.conagrabrands.com
Headquarters222 West Merchandise Mart Plaza, Chicago, IL, 60654, US
Financial statement currencyUSD · no FX conversion applied
Consumer Defensive · Packaged Foods
Price updated todayFinancials updated Oct 1, 2026

CAG · Price history

Price at last available close

$14.09

+$0.65 (+4.84%) 1M

2026-10-29

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Company & revenue

About Conagra Brands, Inc.

Primary reporting period: 2026-05-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Conagra Brands, Inc., a prominent manufacturer of packaged food products, conducts its business across North America through its various subsidiary companies. The firm organizes its extensive operations into four distinct segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks division primarily distributes non-perishable food items through various retail channels within the United States.

How they make money

Conagra Brands operates as a consumer packaged goods company that manufactures and sells branded, value-added food products. It generates revenue by selling these products through various retail channels, including grocery, convenience, and e-commerce platforms, as well as through direct sales to foodservice establishments.

Products & services

The company produces and markets a wide range of food products including shelf-stable grocery items, snacks, refrigerated and frozen meals, entrees, and sauces.

Brands & revenue mix

Birds Eye

Frozen vegetables and meals.

Separate brand revenue is not available in this research.Source

Marie Callender's

Frozen meals and desserts.

Separate brand revenue is not available in this research.Source

Duncan Hines

Baking mixes and frostings.

Separate brand revenue is not available in this research.Source

Healthy Choice

Frozen meals and snacks.

Separate brand revenue is not available in this research.Source

Slim Jim

Meat snacks.

Separate brand revenue is not available in this research.Source

Reddi-wip

Whipped topping.

Separate brand revenue is not available in this research.Source

Angie's BOOMCHICKAPOP

Popcorn snacks.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

Refrigerated And FrozenUSD 4.64B41.1%

Period ended 2026-05-31Source

Grocery And SnacksUSD 4.61B40.9%

Period ended 2026-05-31Source

FoodserviceUSD 1.12B9.9%

Period ended 2026-05-31Source

InternationalUSD 913.90M8.1%

Period ended 2026-05-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

  • Retailers (grocery, pharmacy, drug, convenience, club, and independent stores)Source
  • Foodservice establishments (restaurants, bars, schools, health care facilities, and government)Source
  • E-commerce platformsSource

Disclosed major customers

Customer concentration

Walmart, Inc. and its affiliates accounted for approximately 29% of consolidated net sales for fiscal 2026.

Suppliers, materials & equipment

  • Agricultural commodity suppliers — The company sources various raw materials and packaging components necessary for food production.Source

Strengths

  • Strong brand recognition and loyaltySource
  • Product innovation and convenienceSource

Risks

  • Commodity cost fluctuationsSource
  • Supply chain pressuresSource
  • Weak consumer sentiment and inflationSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

21

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

26

Poor

Financial Strength

54

Business Quality / Moat

18

Management

0

Growth Quality

18

Risk / Durability

29

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

38

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

41/100

Building Historical Record

Model Score 41/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Balance-sheet / debt profile scores strongly
  • •Insider activity signal is favorable
  • •Recent buyback activity is present
What to watch
  • •Debt service risk
  • •Dividend-change headline · Oct 24, 2026
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak

Company-specific research

Questions worth answering for CAG

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •What is driving CAG's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
  • •Is CAG's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is CAG's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What specifically needs to improve for CAG to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify CAG's current valuation?
⚠ 2 warningsView warning details
Debt service riskDividend-change headline · Oct 24, 2026
Business analysis: 17 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

21

0–100 · Poor

Opportunity Score

38

0–100 · Weak

Market Cap

$6.73B

P/E Ratio

-3.4

EPS

$-3.98

52-Week High

$20.32

52-Week Low

$12.53

Beta

-0.05

Analyst Target

$14.00

Shares Outstanding

479.0M

Total Revenue

$11.24B

Total Debt

$820.0M

Dividend Yield (TTM)

6.21%

View dividend history

Liquidation Value / Share

$13.37

Estimated net asset value per share

Dividend / Share (TTM)

$0.87

Trailing 12 months by ex-date; not a forecast

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
45/ 100
-20 pts / 5d

Neutral / mixed momentum

5D -6.5% · 20D +6.7% · RSI 57 · Price vs 20D avg +0.8%
Volatility
39/ 100
-4 pts / 5d

Normal movement

20D realized vol 39.8% · 60D 32.2% · Acceleration 1.24x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for CAG

Detected from reported data — verify before acting.

Dividend history reported

Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Debt service risk

Interest coverage is low (~-4.3x). Earnings may be strained to cover interest expense.

Dividend-change headline · Oct 24, 2026

Conagra Has Already Cut Its Dividend. Can Kraft Heinz Avoid the Same Fate? — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.

24/7 Wall Street

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on CAG.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Strong brand recognition and loyalty.
  • +Product innovation and convenience.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Packaged Foods industry.
  • −Commodity cost fluctuations.
  • −Supply chain pressures.
  • −Weak consumer sentiment and inflation.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Very Weak21/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

21

Tap for breakdown →

Strong

82

Debt Cost5.3%
Debt Reduction YoY9.9%
Debt / Equity1.14x

Tap for breakdown →

Poor

18

Revenue YoY-0.3%
Revenue CAGR-3.2%
Net Margin-17.0%

Tap for breakdown →

Fair

55

Asset Growth YoY-17.5%
Liquidation/Share$13.37
Net Assets/MCap2.37x

Tap for breakdown →

Poor

6

Earnings Yield-29.6%
Buyback Yield0.9%
Debt Cost5.3%

Tap for breakdown →

Poor

0

ROIC-23.8%
ROE-29.8%
ROA-11.8%

Tap for breakdown →

Poor

18

EPS Growth—
FCF/Share Growth-0.9%
Rev/Share Growth-0.4%

Tap for breakdown →

Poor

0

Intrinsic Value—
Value Reference—
MOS—

Tap for breakdown →

Poor

35

Revenue18
Moat18
Valuation0

Tap for breakdown →

Poor

0

MOS %—
Value Reference—
Deep Discount Reference—

Tap for breakdown →

Poor

22

Interest Coverage-4.3x
ROIC-23.8%
FCF Yield15.2%

Tap for breakdown →

Poor

14

Financial22
Valuation0
Debt82

Tap for breakdown →

Poor

24

Survival Years0.2 yrs
Current Ratio0.90x
FCF Margin8.7%

Tap for breakdown →

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Score Changes

6 historical score records available

Previous Score

21

Sep 30, 2026

Change

Unchanged

Current Score

21

Oct 1, 2026

Category Changes

Revenue+0.3
Debt0
Assets0
Capital0
Management0
Moat0
Valuation0
Buffett0

CAG score was unchanged.

Projected Score

Projected Score

24

Projected Change

+3.4 points

Preliminary comparable-period financial changes suggest improvement of approximately 3.4 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Valuation unavailable

Current Price

$14.09

Model Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Financial Charts

Revenue

201520162017201820192020202120222023202420252026$0$3.5B$7.0B$10.5B$14.0B

Additional Metrics

Operating Cash Flow

201620182020202220242026$0$550M$1.1B$1.6B$2.2B

Total Debt

201620182020202220242026$0$3.0B$6.0B$9.0B$12.0B

Total Assets

201620182020202220242026$0$6.0B$12.0B$18.0B$24.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2026202520242023202220212020201920182017
Revenue$11.24B$11.28B$11.61B$12.05B····························
Cost of Revenue$8.57B$8.58B$8.61B$8.72B····························
Gross Profit$2.68B$2.70B$3.00B$3.33B····························
Research & Development$0.00$0.00$60.8M$61.4M····························
SG&A Expenses$1.45B$1.44B$1.54B$1.49B····························
Operating Expenses$4.38B$4.33B$1.64B$2.48B····························
EBITDA-$1.71B-$1.63B$1.97B$1.45B····························
Operating Income-$1.68B-$1.63B$1.36B$852.8M····························
Interest Expense$378.7M$382.6M$416.7M$436.2M····························
Income Before Tax-$1.88B-$1.82B$1.16B$610.2M····························
Income Tax Expense$25.8M$91.8M$3.7M$262.5M····························
Net Income-$1.91B-$1.92B$1.15B$347.2M····························
Basic EPS$-3.98$-4.00$2.41$0.73····························
Basic Shares479M479M478M479M····························
Diluted Shares480M479M478M480M····························
Upgrade to Premium for up to 10 annual periods, where available.
Upgrade to Premium

Earnings Summary

Estimated earnings date:Dec 18, 2026
Estimated EPS: $0.39Estimated revenue: $2.93B
Aug 30, 2026Q1FY2027

Revenue

$2.60B

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$0.36

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-90.1%

Cash Change

-46.8%

Margin Change

+0.5 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Margins expanded
  • Debt reduced

What Weakened

  • Cash position declined

Potential Score Impact

Positive indicators included EPS growth, debt levels, net income margin. Pressure indicators included revenue growth, cash levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 1.4%. EPS increased 5.9%. Cash declined 46.8%. Total debt declined 90.1%. Net income margin improved by 0.5 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 61 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

41

Smart Money

41

Number of Gurus

1

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Log in to view dividend history.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

Start 7-Day Free Trial

Historical Trends

6 historical records
Jul 23, 26Aug 12, 26Sep 2, 26Sep 9, 26Sep 30, 26Oct 1, 260255075100

Historical Score Chart

3 of 6 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 3 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 9, 26Sep 30, 26Oct 1, 260255075100

Debt Score

Sep 9, 26Sep 30, 26Oct 1, 260255075100

Revenue Score

Sep 9, 26Sep 30, 26Oct 1, 260255075100

Asset Score

Sep 9, 26Sep 30, 26Oct 1, 260255075100

Capital Score

Sep 9, 26Sep 30, 26Oct 1, 260255075100

Management Score

Sep 9, 26Sep 30, 26Oct 1, 260255075100

Moat Score

Sep 9, 26Sep 30, 26Oct 1, 260255075100

Valuation Score

Sep 9, 26Sep 30, 26Oct 1, 260255075100

Buffett Score

Sep 9, 26Sep 30, 26Oct 1, 260255075100

Intrinsic Value

No data

Value Reference

No data

Margin of Safety %

No data

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News

Rumor Mill · CAG

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

Related Stock Research

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