Nomad Foods Stock Target Price and Analyst Consensus

NOMD Stock  USD 17.77  0.18  1.02%   
The current analyst and expert consensus on Nomad Foods is Strong Buy, with 6 strong buy opinions. The current projected Nomad Foods target price consensus is 23.15 with 8 analyst opinions. Check out Macroaxis Advice on Nomad Foods to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.
The most common way Nomad Foods analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Nomad Foods executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Nomad Foods. We strongly encourage you to use your own analysis of Nomad Foods to validate this buy or sell advice. Nomad Foods buy-or-sell recommendation module provides average expert sentiment on the projected Nomad Foods target price to derive its highest and lowest estimates based on projected price volatility of 1.4773.
Lowest Forecast
21.07
Highest Forecast
25.7
Target Price
23.15
At present, Nomad Foods' Gross Profit Margin is projected to increase slightly based on the last few years of reporting. At present, Nomad Foods' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 103 M, whereas Total Current Liabilities is forecasted to decline to about 842.6 M.
  
It's important to approach Nomad Foods' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Nomad Foods price targets

Nomad Foods' stock target price is an estimate of its future price, usually made by analysts. Using Nomad Foods' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Nomad Foods' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Nomad Foods' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Nomad Foods Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Nomad Foods is a key component of Nomad Foods valuation and have some predictive power on the future returns of a Nomad Foods.
Hype
Prediction
LowEstimatedHigh
16.2817.7619.24
Details
Intrinsic
Valuation
LowRealHigh
15.9920.5021.98
Details
Naive
Forecast
LowNextHigh
16.4417.9219.39
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.430.440.45
Details

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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 Macroaxis Advice on Nomad Foods to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Please note, the presentation of Nomad Foods' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nomad Foods' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nomad Foods' management manipulating its earnings.