Nomad Foods (NYSE:NOMD - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.604-1.779 for the period, compared to the consensus estimate of 1.630. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on NOMD. Barclays upped their target price on Nomad Foods from $12.00 to $14.00 and gave the stock an "overweight" rating in a research note on Monday, July 20th. Zacks Research lowered shares of Nomad Foods from a "hold" rating to a "strong sell" rating in a report on Monday, August 17th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Nomad Foods in a research note on Tuesday, September 29th. BTIG Research reaffirmed a "buy" rating and set a $15.00 target price on shares of Nomad Foods in a report on Friday, August 14th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $11.00 target price on shares of Nomad Foods in a research report on Tuesday, July 21st. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $13.25.
Read Our Latest Analysis on NOMD
Nomad Foods Stock Up 0.4%
NYSE NOMD opened at $10.70 on Tuesday. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.10 and a quick ratio of 0.66. The stock has a market capitalization of $1.50 billion, a PE ratio of 10.49 and a beta of 0.75. Nomad Foods has a 1 year low of $8.99 and a 1 year high of $13.18. The business's 50-day moving average is $11.41 and its 200 day moving average is $10.67.
Nomad Foods (NYSE:NOMD - Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The company reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.08. The business had revenue of $825.94 million during the quarter, compared to analyst estimates of $825.02 million. Nomad Foods had a return on equity of 8.88% and a net margin of 4.20%.Nomad Foods's quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.40 EPS. Nomad Foods has set its FY 2026 guidance at 1.604-1.779 EPS. Sell-side analysts forecast that Nomad Foods will post 1.63 earnings per share for the current year.
Nomad Foods Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Stockholders of record on Tuesday, August 11th were paid a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 6.4%. Nomad Foods's payout ratio is presently 66.67%.
Insider Activity
In other news, CFO Ruben Baldew acquired 28,290 shares of the business's stock in a transaction on Wednesday, August 19th. The shares were acquired at an average cost of $11.85 per share, with a total value of $335,236.50. Following the transaction, the chief financial officer owned 367,172 shares in the company, valued at $4,350,988.20. The trade was a 8.35% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Dominic Brisby bought 50,000 shares of the firm's stock in a transaction dated Monday, August 24th. The stock was purchased at an average cost of $12.38 per share, with a total value of $619,000.00. Following the transaction, the chief executive officer directly owned 726,794 shares in the company, valued at approximately $8,997,709.72. This represents a 7.39% increase in their position. The SEC filing for this purchase provides additional information. 17.27% of the stock is owned by insiders.
About Nomad Foods
(
Get Free Report)
Nomad Foods Ltd. is a European food company focused on frozen foods. Its portfolio includes frozen fish, vegetables, poultry, potato products, meals, and desserts sold through grocery retailers and other food channels.
The company markets products under several established brands, including Birds Eye in the United Kingdom and Ireland, iglo in Germany and other European markets, Findus in parts of continental Europe, Aunt Bessie's in the United Kingdom, and Goodfella's frozen pizza in selected markets.
Further Reading
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