Nomad Foods (NOMD) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nomad Foods in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NOMD shares.
View NOMD analyst ratings or view top-rated stocks.

5 brokerages have issued twelve-month target prices for Nomad Foods' shares. Their NOMD share price forecasts range from $20.00 to $24.00. On average, they expect the company's share price to reach $22.20 in the next year. This suggests a possible upside of 28.4% from the stock's current price.
View analysts price targets for NOMD or view top-rated stocks among Wall Street analysts.

Nomad Foods' stock was trading at $17.24 on January 1st, 2023. Since then, NOMD shares have increased by 0.3% and is now trading at $17.29.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our NOMD earnings forecast.

Nomad Foods Limited (NYSE:NOMD) released its earnings results on Wednesday, May, 10th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.08. The firm earned $831.55 million during the quarter, compared to analysts' expectations of $811.47 million. Nomad Foods had a net margin of 7.87% and a trailing twelve-month return on equity of 11.63%.

ETFs with the largest weight of Nomad Foods (NYSE:NOMD) stock in their portfolio include Fidelity Small-Mid Cap Opportunities ETF (FSMO), ERShares NextGen Entrepreneurs ETF (ERSX), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and First Trust Long/Short Equity ETF (FTLS).Qraft AI-Enhanced Next Value ETF (NVQ).

Nomad Foods updated its FY 2023 earnings guidance on Friday, May, 12th. The company provided EPS guidance of $1.63-$1.66 for the period, compared to the consensus estimate of $1.68. The company issued revenue guidance of -.

9 employees have rated Nomad Foods Chief Executive Officer Stefan Descheemaeker on Glassdoor.com. Stefan Descheemaeker has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Nomad Foods investors own include InterDigital (IDCC), Pfizer (PFE), Verizon Communications (VZ), AbbVie (ABBV), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Procter & Gamble (PG), Raytheon Technologies (RTX), STAG Industrial (STAG) and Target (TGT).

Nomad Foods trades on the New York Stock Exchange (NYSE) under the ticker symbol "NOMD."

Nomad Foods' stock is owned by many different retail and institutional investors. Top institutional investors include Wellington Management Group LLP (9.71%), FMR LLC (9.35%), Allspring Global Investments Holdings LLC (5.00%), Brown Advisory Inc. (3.05%), Renaissance Technologies LLC (2.25%) and Boston Partners (1.88%).

Shares of NOMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of NOMD stock can currently be purchased for approximately $17.29.

Nomad Foods (NYSE:NOMD) has a market capitalization of $3.02 billion and generates $3.10 billion in revenue each year. The company earns $263.19 million in net income (profit) each year or $1.40 on an earnings per share basis.

The company employs 7,535 workers across the globe.

Nomad Foods' mailing address is No. 1 New Square Bedfont Lakes Business Park, Feltham X0, TW14 8HA. The official website for the company is www.nomadfoods.com. The company can be reached via phone at 442089183200, via email at investors@nomadfoods.com, or via fax at 44-20-8918-3491.