Conagra Foods Stock Price Prediction

CAG Stock  USD 27.42  0.25  0.92%   
As of 22nd of November 2024, the relative strength index (RSI) of ConAgra Foods' share price is approaching 36 suggesting that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling ConAgra Foods, making its price go up or down.

Oversold Vs Overbought

36

 
Oversold
 
Overbought
The successful prediction of ConAgra Foods' future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of ConAgra Foods and does not consider all of the tangible or intangible factors available from ConAgra Foods' fundamental data. We analyze noise-free headlines and recent hype associated with ConAgra Foods, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting ConAgra Foods' stock price prediction:
Quarterly Earnings Growth
0.451
EPS Estimate Current Year
2.63
EPS Estimate Next Year
2.69
Wall Street Target Price
31.2629
EPS Estimate Current Quarter
0.59
Using ConAgra Foods hype-based prediction, you can estimate the value of ConAgra Foods from the perspective of ConAgra Foods response to recently generated media hype and the effects of current headlines on its competitors.

ConAgra Foods Hype to Price Pattern

Investor biases related to ConAgra Foods' public news can be used to forecast risks associated with an investment in ConAgra. The trend in average sentiment can be used to explain how an investor holding ConAgra can time the market purely based on public headlines and social activities around ConAgra Foods. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of ConAgra Foods' market sentiment to its price can help taders to make decisions based on the overall investors consensus about ConAgra Foods.
The fear of missing out, i.e., FOMO, can cause potential investors in ConAgra Foods to buy its stock at a price that has no basis in reality. In that case, they are not buying ConAgra because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

ConAgra Foods after-hype prediction price

    
  USD 27.14  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out ConAgra Foods Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.
Intrinsic
Valuation
LowRealHigh
24.4529.3330.86
Details
Naive
Forecast
LowNextHigh
24.8226.3527.89
Details
17 Analysts
Consensus
LowTargetHigh
27.6330.3633.70
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.640.680.72
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ConAgra Foods. Your research has to be compared to or analyzed against ConAgra Foods' peers to derive any actionable benefits. When done correctly, ConAgra Foods' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in ConAgra Foods.

ConAgra Foods After-Hype Price Prediction Density Analysis

As far as predicting the price of ConAgra Foods at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in ConAgra Foods or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of ConAgra Foods, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

ConAgra Foods Estimiated After-Hype Price Volatility

In the context of predicting ConAgra Foods' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on ConAgra Foods' historical news coverage. ConAgra Foods' after-hype downside and upside margins for the prediction period are 25.61 and 28.67, respectively. We have considered ConAgra Foods' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
27.42
27.14
After-hype Price
28.67
Upside
ConAgra Foods is very steady at this time. Analysis and calculation of next after-hype price of ConAgra Foods is based on 3 months time horizon.

ConAgra Foods Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as ConAgra Foods is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading ConAgra Foods backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with ConAgra Foods, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.16 
1.54
  0.02 
  0.11 
9 Events / Month
5 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
27.42
27.14
0.11 
1,100  
Notes

ConAgra Foods Hype Timeline

On the 22nd of November ConAgra Foods is traded for 27.42. The entity has historical hype elasticity of -0.02, and average elasticity to hype of competition of 0.11. ConAgra is forecasted to decline in value after the next headline, with the price expected to drop to 27.14. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.11%, whereas the daily expected return is currently at -0.16%. The volatility of related hype on ConAgra Foods is about 232.33%, with the expected price after the next announcement by competition of 27.53. About 89.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.49. Some equities with similar Price to Book (P/B) outperform the market in the long run. ConAgra Foods has Price/Earnings To Growth (PEG) ratio of 0.33. The entity last dividend was issued on the 31st of October 2024. The firm had 1285:1000 split on the 10th of November 2016. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days.
Check out ConAgra Foods Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.

ConAgra Foods Related Hype Analysis

Having access to credible news sources related to ConAgra Foods' direct competition is more important than ever and may enhance your ability to predict ConAgra Foods' future price movements. Getting to know how ConAgra Foods' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how ConAgra Foods may potentially react to the hype associated with one of its peers.

ConAgra Foods Additional Predictive Modules

Most predictive techniques to examine ConAgra price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for ConAgra using various technical indicators. When you analyze ConAgra charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About ConAgra Foods Predictive Indicators

The successful prediction of ConAgra Foods stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as ConAgra Foods, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of ConAgra Foods based on analysis of ConAgra Foods hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to ConAgra Foods's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to ConAgra Foods's related companies.
 2011 2014 2019 2024 (projected)
Dividend Yield0.04080.02780.04550.0244
Price To Sales Ratio0.581.341.21.53

Story Coverage note for ConAgra Foods

The number of cover stories for ConAgra Foods depends on current market conditions and ConAgra Foods' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that ConAgra Foods is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about ConAgra Foods' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

ConAgra Foods Short Properties

ConAgra Foods' future price predictability will typically decrease when ConAgra Foods' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of ConAgra Foods often depends not only on the future outlook of the potential ConAgra Foods' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ConAgra Foods' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding480 M
Cash And Short Term Investments77.7 M

Complementary Tools for ConAgra Stock analysis

When running ConAgra Foods' price analysis, check to measure ConAgra Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConAgra Foods is operating at the current time. Most of ConAgra Foods' value examination focuses on studying past and present price action to predict the probability of ConAgra Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConAgra Foods' price. Additionally, you may evaluate how the addition of ConAgra Foods to your portfolios can decrease your overall portfolio volatility.
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