NOMD bets on fish innovation and brand revamps to counter falling revenue, volume and organic sales trends.
NOMD takes gradual pricing steps to counter protein cost inflation, as margin pressure begins to emerge.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
NOMD's low valuation, rising innovation and strong European category gains hint at a timely value opportunity.
Nomad Foods leverages the growing trends in savory frozen foods to command a strong leadership position.
NOMD lifts gross margins despite soft sales, betting big on bold frozen food innovations to fuel its growth strategy.
Nomad Foods trades at a cheap forward P/E of 8.4x and forward EV/EBITDA of 7.3x, significantly below peer averages, implying a potential 48% upside to a $26.5 target price. The company offers a 3.86% forward dividend yield, above the sector median, supported by a moderate 35.3% payout ratio and ongoing share buybacks enhancing shareholder returns. Nomad leads the €11 billion Western European frozen food market with iconic brands like Birds Eye and Iglo, operating in 22 countries, focusing on brand investment for long-term growth.
With recession fears rising, low-beta consumer staples like PM, NOMD and ZVIA stand out with strong earnings growth and favorable Zacks Rank.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Nomad Foods Limited (NYSE:NOMD ) Q1 2025 Results Conference Call May 8, 2025 8:30 AM ET Company Participants Jason English - Head of Investor Relations Stefan Descheemaeker - Chief Executive Officer Ruben Baldew - Chief Financial Officer Conference Call Participants Scott Marks - Jefferies John Baumgartner - Mizuho Jon Tanwanteng - CJS Securities Operator Good day, ladies and gentlemen, and welcome to the Nomad Foods First Quarter 2025 Conference Call. [Operator Instructions] Please note that this conference is being recorded.
Several British ADRs are standing out and may be worthy of investors' consideration, with President Trump reaching a trade deal with the U.K. on Thursday.
Nomad Foods (NOMD) came out with quarterly earnings of $0.37 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.40 per share a year ago.