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.
Tap or drag sideways to inspect a price. Use two fingers to compare automatically. Release to scroll. Use Shift + arrow keys to compare with a keyboard.
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.
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
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?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
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.
+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+)
Debt
Strong
82
Debt Cost5.3%
Debt Reduction YoY9.9%
Debt / Equity1.14x
Tap for breakdown →
Revenue
Poor
18
Revenue YoY-0.3%
Revenue CAGR-3.2%
Net Margin-17.0%
Tap for breakdown →
Asset
Fair
55
Asset Growth YoY-17.5%
Liquidation/Share$13.37
Net Assets/MCap2.37x
Tap for breakdown →
Capital
Poor
6
Earnings Yield-29.6%
Buyback Yield0.9%
Debt Cost5.3%
Tap for breakdown →
Management
Poor
0
ROIC-23.8%
ROE-29.8%
ROA-11.8%
Tap for breakdown →
Moat
Poor
18
EPS Growth—
FCF/Share Growth-0.9%
Rev/Share Growth-0.4%
Tap for breakdown →
Valuation
Poor
0
Intrinsic Value—
Value Reference—
MOS—
Tap for breakdown →
Buffett
Poor
35
Revenue18
Moat18
Valuation0
Tap for breakdown →
MOS
Poor
0
MOS %—
Value Reference—
Deep Discount Reference—
Tap for breakdown →
Financial
Poor
22
Interest Coverage-4.3x
ROIC-23.8%
FCF Yield15.2%
Tap for breakdown →
Master
Poor
14
Financial22
Valuation0
Debt82
Tap for breakdown →
Resilience
Poor
24
Survival Years0.2 yrs
Current Ratio0.90x
FCF Margin8.7%
Tap for breakdown →
Was this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
YesNot yetDismiss
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.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
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 Item
TTM
2026
2025
2024
2023
2022
2021
2020
2019
2018
2017
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 Shares
479M
479M
478M
479M
····
····
····
····
····
····
····
Diluted Shares
480M
479M
478M
480M
····
····
····
····
····
····
····
Upgrade to Premium for up to 10 annual periods, where available.
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
Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Log in to view dividend history.
Log In
Predictions & Historical PerformanceShare
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.
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.