Nomad Foods (NOMD) to Release Earnings on Wednesday

Key Points

• Nomad Foods is set to announce its Q2 2025 earnings on August 6th, with analysts expecting an earnings per share (EPS) of $0.43 and revenue of $762.81 million.
• The company also declared a quarterly dividend of $0.17, scheduled for payment on August 26th, reflecting an annualized yield of 3.89%.
• Recent analyst updates include Mizuho lowering its price target on the stock from $26.00 to $23.00, while Barclays reduced theirs from $23.00 to $20.00.

Nomad Foods (NYSE:NOMD - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $762.81 million for the quarter. Nomad Foods has set its FY 2025 guidance at 2.070-2.150 EPS.

Nomad Foods (NYSE:NOMD - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.04). Nomad Foods had a return on equity of 10.60% and a net margin of 7.35%. The company had revenue of $822.31 million for the quarter, compared to analyst estimates of $769.39 million. During the same quarter in the prior year, the firm earned $0.37 earnings per share. The company's revenue for the quarter was down 3.0% on a year-over-year basis. On average, analysts expect Nomad Foods to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Nomad Foods Trading Up 0.8%

Shares of NOMD stock traded up $0.14 during mid-day trading on Friday, hitting $16.98. 435,422 shares of the company's stock were exchanged, compared to its average volume of 587,366. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 11.32 and a beta of 0.72. The stock has a 50-day simple moving average of $17.34 and a two-hundred day simple moving average of $18.27. Nomad Foods has a fifty-two week low of $15.43 and a fifty-two week high of $20.81. The company has a quick ratio of 0.66, a current ratio of 1.06 and a debt-to-equity ratio of 0.81.

Nomad Foods Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 26th. Stockholders of record on Monday, August 11th will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Monday, August 11th. Nomad Foods's dividend payout ratio (DPR) is currently 45.33%.

Analysts Set New Price Targets

Several equities research analysts recently commented on NOMD shares. Mizuho dropped their target price on Nomad Foods from $26.00 to $23.00 and set an "outperform" rating on the stock in a report on Monday. Wall Street Zen cut shares of Nomad Foods from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. Finally, Barclays lowered their price target on shares of Nomad Foods from $23.00 to $20.00 and set an "overweight" rating for the company in a report on Tuesday, July 15th.

Hedge Funds Weigh In On Nomad Foods

A number of institutional investors have recently made changes to their positions in the business. Royal Bank of Canada raised its holdings in Nomad Foods by 9.2% in the first quarter. Royal Bank of Canada now owns 143,968 shares of the company's stock valued at $2,829,000 after acquiring an additional 12,131 shares in the last quarter. Millennium Management LLC increased its position in shares of Nomad Foods by 81.3% in the 1st quarter. Millennium Management LLC now owns 656,686 shares of the company's stock worth $12,904,000 after purchasing an additional 294,386 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in Nomad Foods by 50.2% in the first quarter. Jane Street Group LLC now owns 75,847 shares of the company's stock worth $1,490,000 after purchasing an additional 25,358 shares in the last quarter. 75.26% of the stock is owned by institutional investors and hedge funds.

Nomad Foods Company Profile

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.