Nomad Foods (NYSE:NOMD) Issues FY 2025 Earnings Guidance

Nomad Foods (NYSE:NOMD) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.990-2.030 for the period, compared to the consensus estimate of 1.890. The company issued revenue guidance of -. Nomad Foods also updated its FY25 guidance to €1.81-1.85 EPS.

Nomad Foods Stock Up 1.1 %

Nomad Foods stock opened at $16.81 on Thursday. Nomad Foods has a fifty-two week low of $15.43 and a fifty-two week high of $20.05. The company has a market cap of $2.74 billion, a PE ratio of 12.64 and a beta of 0.79. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.72 and a current ratio of 1.20. The business’s 50-day simple moving average is $17.05 and its two-hundred day simple moving average is $17.81.

Nomad Foods Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Friday, November 8th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.60 annualized dividend and a yield of 3.57%. Nomad Foods’s dividend payout ratio (DPR) is presently 45.11%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on NOMD shares. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Nomad Foods from $25.00 to $23.00 and set a “buy” rating on the stock in a research note on Monday, November 4th. Mizuho cut their price target on Nomad Foods from $28.00 to $24.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 18th. Finally, StockNews.com upgraded Nomad Foods from a “hold” rating to a “buy” rating in a research note on Monday, November 18th.

Nomad Foods Company Profile

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers.