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Is the Options Market Predicting a Spike in Nomad Foods (NOMD) Stock?
ZACKS· 2025-01-14 14:40
Company Overview - Nomad Foods Limited (NOMD) is currently experiencing significant activity in the options market, particularly with the May 16, 2025 $10 Call option showing high implied volatility, indicating potential for a major price movement [1] - The company holds a Zacks Rank of 4 (Sell) within the Food - Miscellaneous industry, which is positioned in the bottom 17% of the Zacks Industry Rank [3] Analyst Insights - Over the past 30 days, one analyst has raised the earnings estimate for the current quarter from 40 cents per share to 41 cents, while no analysts have lowered their estimates [3] - The current sentiment among analysts suggests that the high implied volatility may indicate a developing trading opportunity, as options traders often seek to sell premium on options with high implied volatility [4]
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
Company Overview - Nomad Foods Limited is Europe's leading frozen food company, with a portfolio of iconic brands including Birds Eye, Findus, iglo, Ledo, and Frikom, known for their great tasting, convenient, high quality, and nutritious food [3]. Upcoming Event - Stéfan Descheemaeker, CEO, and Ruben Baldew, CFO, will present at the 27th Annual ICR Conference in Orlando, FL on January 14, 2025, at 10:30 AM Eastern time [1]. - A live audio webcast of the presentation will be available on Nomad Foods' website, with an archive accessible after the event [2].
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
Core Insights - Nomad Foods (NYSE: NOMD) is a consumer staples company that has gained prominence as the second-largest frozen food company since its founding in 2014 as a SPAC [1] Group 1: Company Overview - Nomad Foods has acquired several frozen food brands, enhancing its market position in the frozen food sector [1] - The company is often overlooked compared to larger peers in the consumer staples industry [1] Group 2: Investment Perspective - Philipp, a seasoned value investor with nearly 20 years of experience, focuses on identifying undervalued companies with significant margins of safety [1] - The investor is particularly interested in companies with solid earnings trading at less than 8 times free cash flow, indicating a potential for attractive dividend yields and returns [1]
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 ...
Nomad Foods to Report Third Quarter 2024 Financial Results on Thursday, November 14, 2024
Prnewswire· 2024-10-31 12:30
WOKING, England, Oct. 31, 2024 /PRNewswire/ -- Nomad Foods Limited (NYSE: NOMD) today announced it will report results for the third quarter ended September 30, 2024 before New York Stock Exchange market open on Thursday, November 14, 2024. 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, November 14, 2024. To participate on the live ...