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

Nomad Foods (NYSE:NOMD) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.940-1.980 for the period, compared to the consensus estimate of 1.850. The company issued revenue guidance of -.

Nomad Foods Price Performance

NYSE NOMD opened at $20.30 on Wednesday. The business has a 50 day simple moving average of $17.44 and a 200 day simple moving average of $17.82. The stock has a market cap of $3.31 billion, a price-to-earnings ratio of 15.26 and a beta of 0.77. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.72 and a current ratio of 1.20. Nomad Foods has a 52-week low of $15.43 and a 52-week high of $20.79.

Nomad Foods Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Monday, February 10th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Monday, February 10th. This is an increase from Nomad Foods’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.35%. Nomad Foods’s dividend payout ratio (DPR) is presently 45.03%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on NOMD shares. Mizuho boosted their target price on Nomad Foods from $24.00 to $26.00 and gave the company an “outperform” rating in a research note on Tuesday. Barclays boosted their price objective on shares of Nomad Foods from $19.00 to $23.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, StockNews.com raised shares of Nomad Foods from a “hold” rating to a “buy” rating in a research report on Monday, November 18th.

About Nomad Foods

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.