Nomad Foods (NYSE:NOMD - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect Nomad Foods to post earnings of $0.39 per share and revenue of $769.39 million for the quarter.
Nomad Foods Price Performance
Shares of NOMD traded up $0.38 during mid-day trading on Friday, reaching $20.09. The company had a trading volume of 1,159,138 shares, compared to its average volume of 638,435. The company's 50 day simple moving average is $19.53 and its 200 day simple moving average is $18.10. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 15.11 and a beta of 0.83. Nomad Foods has a 1-year low of $15.43 and a 1-year high of $20.81. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.72 and a current ratio of 1.20.
Nomad Foods Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Monday, May 12th will be paid a dividend of $0.17 per share. The ex-dividend date is Monday, May 12th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.38%. Nomad Foods's payout ratio is presently 45.03%.
Analyst Ratings Changes
Several equities research analysts recently weighed in on NOMD shares. Mizuho raised their price objective on Nomad Foods from $24.00 to $26.00 and gave the company an "outperform" rating in a report on Tuesday, March 4th. StockNews.com lowered Nomad Foods from a "strong-buy" rating to a "buy" rating in a research note on Friday, April 25th. Finally, Barclays upped their price objective on Nomad Foods from $19.00 to $23.00 and gave the company an "overweight" rating in a research note on Monday, March 3rd.
Get Our Latest Analysis on Nomad Foods
About Nomad Foods
(
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Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers.
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