Nomad Foods Stock Today

NOMD Stock  USD 17.59  0.49  2.87%   

Performance

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Odds Of Distress

Less than 3

 
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Nomad Foods is trading at 17.59 as of the 22nd of November 2024, a 2.87 percent increase since the beginning of the trading day. The stock's lowest day price was 16.92. Nomad Foods has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Nomad Foods are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Food, Beverage & Tobacco
IPO Date
4th of January 2016
Category
Consumer Defensive
Classification
Consumer Staples
Nomad Foods Limited manufactures, markets, and distributes frozen food products in the United Kingdom, Italy, Germany, France, Sweden, Austria, Norway, Spain, and rest of Europe. Nomad Foods Limited is headquartered in Feltham, the United Kingdom. Nomad Foods operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. The company has 160.82 M outstanding shares of which 1.71 M shares are now shorted by private and institutional investors with about 4.62 trading days to cover. More on Nomad Foods

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Nomad Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOStefan Descheemaeker
Thematic IdeaFood Products (View all Themes)
Business ConcentrationPackaged Foods & Meats, Food, Beverage & Tobacco, Consumer Defensive, NYSE Composite, Food Products, Consumer Staples, Food Products, Packaged Foods, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.730.4745
Way Up
Slightly volatile
Gross Profit Margin0.330.2943
Moderately Up
Slightly volatile
Net Debt1.3 B1.7 B
Way Down
Slightly volatile
Total Current Liabilities842.6 MB
Significantly Down
Slightly volatile
Non Current Liabilities Total2.4 B2.8 B
Fairly Down
Slightly volatile
Total Assets5.1 B6.4 B
Significantly Down
Slightly volatile
Total Current Assets992.9 M1.2 B
Fairly Down
Slightly volatile
Debt Levels
Nomad Foods can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nomad Foods' financial leverage. It provides some insight into what part of Nomad Foods' total assets is financed by creditors.
Liquidity
Nomad Foods currently holds 2.15 B in liabilities with Debt to Equity (D/E) ratio of 0.92, which is about average as compared to similar companies. Nomad Foods has a current ratio of 1.05, suggesting that it may not be capable to disburse its financial obligations when due. Note, when we think about Nomad Foods' use of debt, we should always consider it together with its cash and equity.

Change In Cash

67.62 Million
Nomad Foods (NOMD) is traded on New York Stock Exchange in USA. It is located in No. 1 New Square, Feltham, United Kingdom, TW14 8HA and employs 6,993 people. Nomad Foods is listed under Packaged Foods & Meats category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.75 B. Nomad Foods conducts business under Food Products sector and is part of Consumer Staples industry. The entity has 160.82 M outstanding shares of which 1.71 M shares are now shorted by private and institutional investors with about 4.62 trading days to cover. Nomad Foods currently holds about 221 M in cash with 430.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.28.
Check Nomad Foods Probability Of Bankruptcy
Ownership Allocation
Nomad Foods maintains a total of 160.82 Million outstanding shares. The majority of Nomad Foods outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Nomad Foods to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Nomad Foods. Please pay attention to any change in the institutional holdings of Nomad Foods as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Nomad Ownership Details

Nomad Stock Institutional Holders

InstituionRecorded OnShares
Polaris Capital Management, Llc2024-09-30
3.1 M
Victory Capital Management Inc.2024-09-30
2.1 M
Wellington Management Company Llp2024-06-30
1.9 M
Amundi2024-06-30
1.9 M
Mount Capital Ltd2024-09-30
1.8 M
Deutsche Bank Ag2024-06-30
1.7 M
Norges Bank2024-06-30
1.6 M
Bank Of America Corp2024-06-30
1.5 M
Townsend & Associates Inc2024-06-30
1.5 M
Fmr Inc2024-09-30
16.3 M
Boston Partners Global Investors, Inc2024-06-30
9.8 M
View Nomad Foods Diagnostics

Nomad Foods Historical Income Statement

At present, Nomad Foods' Net Income is projected to increase significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 202.3 M, whereas Interest Expense is forecasted to decline to about 82.7 M. View More Fundamentals

Nomad Stock Against Markets

Nomad Foods Corporate Directors

Samy ZekhoutChief Financial Officer, DirectorProfile
Victoria ParryDirectorProfile
Lord MynersLead Independent DirectorProfile
James LillieIndependent DirectorProfile
When determining whether Nomad Foods is a strong investment it is important to analyze Nomad Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nomad Foods' future performance. For an informed investment choice regarding Nomad Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nomad Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nomad Foods. If investors know Nomad will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nomad Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.536
Earnings Share
1.31
Revenue Per Share
18.544
Quarterly Revenue Growth
0.011
Return On Assets
0.0392
The market value of Nomad Foods is measured differently than its book value, which is the value of Nomad that is recorded on the company's balance sheet. Investors also form their own opinion of Nomad Foods' value that differs from its market value or its book value, called intrinsic value, which is Nomad Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nomad Foods' market value can be influenced by many factors that don't directly affect Nomad Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nomad Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nomad Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nomad Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.