Nomad Foods (NOMD) Projected to Post Quarterly Earnings on Thursday

Nomad Foods (NYSE:NOMD - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of $0.39 per share and revenue of $769.39 million for the quarter.

Nomad Foods Trading Down 2.1 %

Shares of NOMD stock traded down $0.41 during trading hours on Tuesday, reaching $19.59. The company had a trading volume of 1,227,561 shares, compared to its average volume of 644,151. 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 current ratio of 1.20 and a quick ratio of 0.72. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 14.73 and a beta of 0.81. The company has a 50 day moving average of $19.58 and a 200 day moving average of $18.12.

Nomad Foods Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Monday, May 12th will be issued a $0.17 dividend. The ex-dividend date is Monday, May 12th. This represents a $0.68 dividend on an annualized basis and a yield of 3.47%. Nomad Foods's dividend payout ratio is presently 45.03%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on NOMD shares. StockNews.com lowered Nomad Foods from a "strong-buy" rating to a "buy" rating in a research report on Friday, April 25th. Barclays boosted their price objective on shares of Nomad Foods from $19.00 to $23.00 and gave the company an "overweight" rating in a report on Monday, March 3rd. Finally, Mizuho increased their target price on shares of Nomad Foods from $24.00 to $26.00 and gave the stock an "outperform" rating in a report on Tuesday, March 4th.

About Nomad Foods

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.