Workflow
Nomad Foods(NOMD)
icon
Search documents
Recent Price Trend in Nomad Foods (NOMD) is Your Friend, Here's Why
ZACKS· 2025-05-01 13:50
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...
Is Nomad Foods Limited (NOMD) Stock Undervalued Right Now?
ZACKS· 2025-04-28 14:46
Core Viewpoint - Nomad Foods Limited (NOMD) is currently considered a strong buy due to its attractive valuation metrics and positive earnings outlook [4][8]. Valuation Metrics - NOMD has a P/E ratio of 9.52, significantly lower than the industry average of 15.92, indicating potential undervaluation [4]. - The stock's P/B ratio stands at 1.03, compared to the industry's average of 1.98, suggesting it is undervalued relative to its book value [5]. - NOMD's P/S ratio is 0.89, which is lower than the industry average of 0.94, reinforcing the notion of undervaluation based on sales [6]. - The P/CF ratio for NOMD is 8.78, well below the industry average of 13.92, indicating strong cash flow relative to its market value [7]. Investment Outlook - The combination of NOMD's strong earnings outlook and favorable valuation metrics positions it as an impressive value stock in the current market [8].
Nomad Foods to Report First Quarter 2025 Financial Results on Thursday, May 8, 2025
Prnewswire· 2025-04-24 12:30
WOKING, England, April 24, 2025 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced it will report results for the first quarter ended March 31, 2025 before New York Stock Exchange market open on Thursday, May 8, 2025. A conference call with members of the executive management team will be held to discuss the results with additional comments and details. The conference call is scheduled to begin at 8:30 AM Eastern Daylight Time on Thursday, May 8, 2025. To participate on the live call listeners ...
Why Nomad Foods (NOMD) Could Beat Earnings Estimates Again
ZACKS· 2025-04-21 17:15
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Nomad Foods (NOMD) , which belongs to the Zacks Food - Miscellaneous industry, could be a great candidate to consider.When looking at the last two reports, this frozen foods company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 11.26%, on average, in the last two quarters.For the last reported quarte ...
Nomad Foods: FY 2024 Was A Step In The Right Direction
Seeking Alpha· 2025-03-06 17:44
In my initial review of Nomad Foods (NYSE: NOMD ) in November of last year, I rated the largest frozen food company in Europe a buy given the attractive valuation of just 9x earnings back then. Over thePhilipp 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 not limit his investments ...
Nomad Foods Is Performing, But The Name Is Too Bullish On European Momentum
Seeking Alpha· 2025-03-05 17:30
Group 1 - The core investment strategy focuses on long-only investment, evaluating companies from an operational and buy-and-hold perspective, rather than market-driven dynamics [1] - The articles emphasize understanding the long-term earnings power of companies and the competitive dynamics within their industries [1] - The majority of recommendations will be holds, indicating a cautious approach to investment opportunities [1] Group 2 - A very small fraction of companies are expected to be a buy at any given time, highlighting a selective investment strategy [1] - Hold articles are intended to provide valuable information for future investors and introduce skepticism in a generally bullish market [1]
Nomad Foods Annual Report Available to Shareholders
Prnewswire· 2025-03-03 21:30
Group 1 - Nomad Foods Limited announced the filing of its annual report on Form 20-F, including audited financial statements for the fiscal year ended December 31, 2024 [1] - The annual report can be accessed through the company's website and the SEC's website [1] - Shareholders can request a hard copy of the annual report free of charge by contacting the company [2] Group 2 - Nomad Foods is recognized as Europe's leading frozen food company, with a portfolio of iconic brands including Birds Eye, Findus, iglo, Ledo, and Frikom [3] - The company emphasizes its commitment to providing great tasting, convenient, high-quality, and nutritious food [3] - Nomad Foods is headquartered in the United Kingdom [3]
Nomad Foods(NOMD) - 2024 Q4 - Earnings Call Transcript
2025-03-03 18:26
Financial Data and Key Metrics Changes - For Q4 2024, reported net revenues increased by 4.3% to EUR 793 million, with organic growth at 3.1%, marking the 10th consecutive quarter of organic growth [35][38] - Gross margin rose to 29.6%, nearly reaching the pre-COVID peak of 30% achieved in 2019, with a 9% increase in gross profit [39][40] - Adjusted EBITDA increased by 17.6%, while adjusted profit rose by 28% year-on-year, and adjusted EPS increased by 31% to EUR 0.42 [37][38] Business Line Data and Key Metrics Changes - The company achieved market share growth in key categories, with organic sales for growth platforms rising by 16% in 2024 and 40% in Q4 [22] - Retail sales for prepared poultry in Italy rose 98% year-on-year, with market share growing from 8% in Q4 2023 to 50% in Q4 2024 [25] - In Germany, retail sales for prepared poultry rose 35% year-on-year, reaching a market share of 2.7% [27] Market Data and Key Metrics Changes - The company reported a 420 basis point increase in market share for potatoes in Belgium, becoming the category leader [28] - In France, market share grew by 550 basis points to 16.1% in the quarter, while in the UK, market share increased by 70 basis points to 8.9% [29] - The overall consumer environment in Western Europe is gradually improving, with private label losing market share [118] Company Strategy and Development Direction - The company is focused on maintaining its core portfolio while exploring potential acquisitions in subcategories where synergies exist [90] - The strategy includes significant investments in advertising, innovation, and renovation to drive sustainable growth [30][31] - The company aims to continue its streak of top and bottom line growth for the 10th consecutive year in 2025 [121] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving another year of organic growth in 2025, despite a challenging operating environment [10][15] - The company anticipates a modest decline in organic sales in Q1 2025 due to timing dynamics, but expects the underlying trend of improvement to hold throughout the year [49][51] - Management noted that inflation is easing, and while it remains higher than pre-crisis levels, it is not as severe as in 2022 [117] Other Important Information - The company returned EUR 208 million to shareholders in 2024, a more than 20% increase from EUR 171 million in 2023 [43][44] - The Board of Directors approved a 13% increase in the first quarter 2025 cash dividend to $0.07 per share [48] Q&A Session Summary Question: What is the basis for the 1% to 3% organic sales growth forecast for 2025? - The forecast is based on low inflation and expected category growth, with market share performance contributing to the growth [54] Question: How do you expect the price/mix piece to evolve in Q1? - There is an expectation of pressure on price, but volume remains important for driving efficiencies [62] Question: How much of the innovation will focus on existing must-win battles versus new growth platforms? - The majority of innovation will focus on must-win battles, which represent around 50% of the business [66] Question: What is the status of the enterprise-wide transformation program? - The company is taking a slower approach to implementation, focusing on efficiency gains and simplification [99] Question: How do you view the impact of potential tariffs from the US? - The company does not foresee a major impact from tariffs, as it does not export to the US and has diversified sourcing strategies [110][112] Question: What is the current consumer environment in Western Europe? - The environment is gradually improving, with private label losing market share, indicating a return to branded products [118]
Nomad Foods (NOMD) Q4 Earnings and Revenues Surpass Estimates
ZACKS· 2025-03-03 13:55
Core Insights - Nomad Foods reported quarterly earnings of $0.45 per share, exceeding the Zacks Consensus Estimate of $0.39 per share, and showing an increase from $0.34 per share a year ago, resulting in an earnings surprise of 15.38% [1] - The company achieved revenues of $846.39 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.71% and up from $819.22 million year-over-year [2] - Nomad Foods shares have increased approximately 12.6% since the beginning of the year, outperforming the S&P 500's gain of 1.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.40 on revenues of $815.29 million, and for the current fiscal year, it is $1.92 on revenues of $3.3 billion [7] - The estimate revisions trend for Nomad Foods is currently unfavorable, leading to a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] Industry Context - The Food - Miscellaneous industry, to which Nomad Foods belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, suggesting potential challenges ahead [8] - General Mills, a competitor in the same industry, is expected to report a quarterly earnings decline of 18% year-over-year, with revenues projected at $4.98 billion, down 2.3% from the previous year [9][10]
Nomad Foods(NOMD) - 2024 Q4 - Annual Report
2025-03-03 11:46
Exhibit 99.1 Nomad Foods Reports Fourth Quarter and Full Year 2024 Financial Results and Raises Full-Year 2025 Earnings Outlook Delivered 9 consecutive year of record-high net sales and Adjusted EBITDA th Full year Adjusted EPS of €1.78 Increases full year 2025 Adjusted EPS guidance to €1.85-€1.89 WOKING, England - March 3, 2025 - Nomad Foods Limited (NYSE: NOMD) (the "Company" or "Nomad Foods"), today reported financial results for the three and twelve-month periods ended December 31, 2024. Nomad Foods del ...