The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a good stock market performance and strong technicals, the fundamentals don't support the current trend. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Score
Industry at a Glance
Industry Ranking
18 / 102
Overall Ranking
122 / 4720
Industry
Food & Tobacco
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Buy
Current Rating
20.333
Target Price
+48.74%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Company Highlights
StrengthsRisks
Nomad Foods Limited is a frozen food company. Its portfolio of brands includes Birds Eye, Findus, iglo, Ledo and Frikom. Its portfolio of food brands within the frozen category, including fish, vegetables, poultry, meals, pizza and ice cream. The products are sold primarily through grocery retailers under the Birds Eye brand in the United Kingdom and Ireland, Findus in Italy, France, Spain, Sweden, Switzerland and Norway, iglo in Germany and other continental markets, La Cocinera in Spain, Ledo in south-eastern Europe and Frikom in Serbia and North Macedonia. Its product offerings include frozen fish products, such as fish fingers, coated fish, natural fish; ready to cook vegetable products, such as peas and spinach; meals, such as ready to cook noodles, pasta, lasagna, pancakes and other ready-made meals; poultry, such as frozen poultry and meat products, such as nuggets, grills and burgers, among others. It manufactures, sells and distributes products in over 16 European countries.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 13.78%.
Undervalued
The company’s latest PE is 9.58, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 152.30M shares, decreasing 6.07% quarter-over-quarter.
Nomad Foods Limited is a frozen food company. Its portfolio of brands includes Birds Eye, Findus, iglo, Ledo and Frikom. Its portfolio of food brands within the frozen category, including fish, vegetables, poultry, meals, pizza and ice cream. The products are sold primarily through grocery retailers under the Birds Eye brand in the United Kingdom and Ireland, Findus in Italy, France, Spain, Sweden, Switzerland and Norway, iglo in Germany and other continental markets, La Cocinera in Spain, Ledo in south-eastern Europe and Frikom in Serbia and North Macedonia. Its product offerings include frozen fish products, such as fish fingers, coated fish, natural fish; ready to cook vegetable products, such as peas and spinach; meals, such as ready to cook noodles, pasta, lasagna, pancakes and other ready-made meals; poultry, such as frozen poultry and meat products, such as nuggets, grills and burgers, among others. It manufactures, sells and distributes products in over 16 European countries.