Nomad Foods(NOMD)

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Is the Options Market Predicting a Spike in Nomad Foods (NOMD) Stock?
ZACKS· 2025-01-14 14:40
Investors in Nomad Foods Limited (NOMD) need to pay close attention to the stock based on moves in the options market lately. That is because the May 16, 2025 $10 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also ...
Nomad Foods Provides 2025 Guidance Ahead of Presentation at the 27th Annual ICR Conference
Prnewswire· 2025-01-14 11:45
Core Insights - Nomad Foods is experiencing strong market share and volume growth, driven by its Commercial Flywheel strategy, and anticipates its 10th consecutive year of revenue and Adjusted EBITDA growth in 2025 [1][3] Financial Performance Expectations - For the full year 2025, Nomad Foods expects organic revenue growth of 1%-3%, Adjusted EBITDA growth of 2%-4%, and Adjusted EPS in the range of €1.81-€1.85 [2] - The company also projects an adjusted free cash flow conversion of 90% or greater for the full year [2] Strategic Focus - The CEO highlighted the positive momentum across the portfolio, with over two-thirds of revenue expected from seafood, poultry, and vegetable products, aligning with evolving consumer trends [3] - Nomad Foods plans to increase investments in advertising, innovation, and renovation to sustain growth, focusing on higher margin Must Win Battles and Growth Platforms [3] Market Position - The Frozen category is experiencing sustained volume growth, providing a favorable environment for Nomad Foods to leverage its strengths and deliver top-tier growth in the food industry [3]
Nomad Foods to Present at 27th Annual ICR Conference on January 14, 2025
Prnewswire· 2025-01-06 13:30
WOKING, England, Jan. 6, 2025 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced that Stéfan Descheemaeker, Chief Executive Officer, and Ruben Baldew, Chief Financial Officer, will present at the 27th Annual ICR Conference to be held in Orlando, FL on Tuesday, January 14, 2025 at 10:30 AM Eastern time.A live audio webcast of the presentation will be made available on Nomad Foods' website at www.nomadfoods.com. An archive of the webcast will be available following the event through the same web ...
Nomad Foods: Still Cheap At Around 9x Earnings
Seeking Alpha· 2025-01-04 11:46
Company Performance - Shares of Nomad Foods Limited (NYSE: NOMD) have underperformed since mid-2023 despite growing earnings and a valuation of less than 10x EPS [1] Investment Approach - The investment approach favors a long-term, buy-and-hold strategy with a focus on stocks that can sustainably generate high-quality earnings [1] - The investment focus includes dividend and income stocks, primarily in the US, Canadian, and UK markets [1] Analyst Position - The analyst holds a beneficial long position in Nomad Foods Limited (NOMD) through stock ownership, options, or other derivatives [2]
Nomad Foods included in the 2024 Dow Jones Sustainability Europe Index for fourth consecutive year and scores top marks in Health & Nutrition
Prnewswire· 2024-12-23 14:00
Largest frozen food producer in Europe ranked in the top twenty percentile (globally) The company also received a maximum score of 100 in Health & Nutrition for the sixth consecutive year WOKING, England, Dec. 23, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD), Europe's leading frozen food company, has today announced that it has been included in the annual Dow Jones Sustainability Europe Index (DJSI Europe) for the fourth consecutive year. The frozen food manufacturer received a score of 58 out of 1 ...
Nomad Foods: Attractive Valuation, But Risks Remain
Seeking Alpha· 2024-11-21 00:23
Nomad Foods (NYSE: NOMD ) is a consumer staples company that doesn't get the attention of its larger peers. Founded in 2014 as a SPAC, it has acquired several frozen food brands and is now the second-largest frozen food companyPhilipp is a seasoned value investor with nearly 20 years of experience in the field. He takes a global approach to investment opportunities, seeking out undervalued companies that offer a significant margin of safety, leading to attractive dividend yields and returns. While he does n ...
Nomad Foods(NOMD) - 2024 Q3 - Earnings Call Transcript
2024-11-14 18:29
Nomad Foods Limited (NYSE:NOMD) Q3 2024 Earnings Conference Call November 14, 2024 8:00 AM ET Company Participants Jason English - Head of Investor Relations Stefan Descheemaeker - Chief Executive Officer Ruben Baldew - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Steve Powers - Deutsche Bank Rob Dickinson - Jefferies John Baumgartner – Mizuho Securities Jon Tanwanteng - CJS Securities Peter Saleh - BTIG Operator Good day, ladies and gentlemen and welcome to Nomad Foods Third ...
Nomad Foods (NOMD) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-14 13:55
Nomad Foods (NOMD) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.14%. A quarter ago, it was expected that this frozen foods company would post earnings of $0.47 per share when it actually produced earnings of $0.47, delivering no surprise.Over the last four quarters, the company h ...
Nomad Foods Reports Third Quarter 2024 Financial Results
Prnewswire· 2024-11-14 11:45
Balanced growth strategy delivers volume & value gainsRevenue growth of +0.8% with Adjusted EPS +28% YoY to €0.55Full year 2024 guidance reduced following a temporary ERP disruptionWOKING, England, Nov. 14, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD), today reported financial results for the three and nine month periods ended September 30, 2024. Key operating highlights and financial performance for the third quarter 2024, when compared to the third quarter 2023, include: Reported revenue increas ...
Nomad Foods (NOMD) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-11-07 16:00
The market expects Nomad Foods (NOMD) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 14, 2024, might help the stock move higher if these key number ...