Press coverage about Nomad Foods Limited (NYSE:NOMD) has trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Nomad Foods Limited earned a news impact score of 0.17 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.4370198200856 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Tracking Bill Ackman’s Pershing Square Portfolio – Q3 2017 Update (seekingalpha.com)
- Nomad Foods Ltd. breached its 50 day moving average in a Bullish Manner : NOMD-US : November 21, 2017 (finance.yahoo.com)
- Nomad Foods Limited (NOMD) Set to Announce Quarterly Earnings on Tuesday (americanbankingnews.com)
- Brokerages Anticipate Nomad Foods Limited (NOMD) Will Post Quarterly Sales of $525.17 Million (americanbankingnews.com)
- Nomad Foods Limited (NOMD) Stock Rating Lowered by Zacks Investment Research (americanbankingnews.com)
Shares of Nomad Foods Limited (NYSE:NOMD) traded up $0.21 during trading on Tuesday, hitting $15.26. The stock had a trading volume of 953,508 shares, compared to its average volume of 949,699. Nomad Foods Limited has a 1-year low of $9.00 and a 1-year high of $15.49. The firm has a market capitalization of $2,550.00 and a P/E ratio of 16.24. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.68 and a current ratio of 1.09.
Nomad Foods Limited (NYSE:NOMD) last announced its quarterly earnings data on Friday, August 25th. The company reported $0.25 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.03. Nomad Foods Limited had a return on equity of 7.93% and a net margin of 3.56%. The business had revenue of $458.10 million during the quarter, compared to the consensus estimate of $459.51 million. During the same period in the previous year, the company posted $0.19 earnings per share. The business’s revenue for the quarter was up .5% on a year-over-year basis. analysts forecast that Nomad Foods Limited will post 1.11 EPS for the current year.
A number of equities analysts have recently commented on NOMD shares. Zacks Investment Research downgraded Nomad Foods Limited from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 15th. ValuEngine raised Nomad Foods Limited from a “hold” rating to a “buy” rating in a research report on Thursday, November 16th. Finally, Berenberg Bank started coverage on Nomad Foods Limited in a research report on Thursday, November 16th. They set a “buy” rating and a $18.00 price objective for the company. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. Nomad Foods Limited currently has a consensus rating of “Buy” and a consensus price target of $15.75.
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Nomad Foods Limited Company Profile
Nomad Foods Limited manufactures and distributes frozen foods primarily in the United Kingdom, Italy, Germany, Sweden, France, and Norway. The companys frozen food products include fish, vegetables, poultry products, and ready meals. It sells its products directly or through distribution arrangements to supermarkets and large food retail chains under the Birdseye, Findus, and Iglo brands.
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