Nomad Foods - NOMD Stock Forecast, Price & News

4 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 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NOMD shares.
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4 brokers have issued 12-month price objectives for Nomad Foods' shares. Their NOMD share price forecasts range from $20.00 to $25.00. On average, they expect the company's stock price to reach $22.20 in the next twelve months. This suggests a possible upside of 18.5% from the stock's current price.
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Nomad Foods' stock was trading at $17.24 at the beginning of the year. Since then, NOMD stock has increased by 8.7% and is now trading at $18.74.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
View our NOMD earnings forecast.

Nomad Foods Limited (NYSE:NOMD) announced its earnings results on Thursday, February, 23rd. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.37 by $0.03. The firm had revenue of $766.03 million for the quarter, compared to analysts' expectations of $788.13 million. Nomad Foods had a net margin of 8.49% and a trailing twelve-month return on equity of 11.77%.

ETFs with the largest weight of Nomad Foods (NYSE:NOMD) stock in their portfolio include ERShares NextGen Entrepreneurs ETF (ERSX), Fidelity Small-Mid Cap Opportunities ETF (FSMO), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and Invesco RAFI Strategic US Small Company ETF (IUSS).

Nomad Foods updated its FY 2023 earnings guidance on Thursday, February, 23rd. The company provided earnings per share (EPS) guidance of $1.53-$1.58 for the period, compared to the consensus earnings per share estimate of $1.86. 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 a variety of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (6.86%), T. Rowe Price Investment Management Inc. (5.55%), Allspring Global Investments Holdings LLC (5.44%), Polaris Capital Management LLC (4.19%), Fuller & Thaler Asset Management Inc. (3.39%) and Brown Advisory Inc. (2.90%).

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.
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One share of NOMD stock can currently be purchased for approximately $18.74.

Nomad Foods (NYSE:NOMD) has a market capitalization of $3.27 billion and generates $3.10 billion in revenue each year. The company earns $263.19 million in net income (profit) each year or $1.50 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.