Morningstar Issues BBB- Credit Rating To ConAgra Foods (CAG)

ConAgra Foods (NYSE: CAG) has actually made a BBB- credit score from experts at Morningstar. The research study companies BBB- score suggests that the business is a moderate default danger. They also provided their stock a 2 star rating.

ConAgra Foods (NYSE: CAG) opened at 40.85 on Friday. ConAgra Foods has a 52-week low of $33.45 and a 52-week high of $45.49. The companys market capitalization is $17.68 billion. The business 50 day moving average is $41.04 and its 200-day moving average is $41.48.

ConAgra Foods (NYSE: CAG) last launched its earnings outcomes on Tuesday, September 22nd. The business reported $0.45 earnings per share for the quarter, topping the Zacks agreement estimate of $0.40 by $0.05. Throughout the exact same quarter in the previous year, the company earned $0.39 earnings per share. The businessBusiness earned $2.79 billion throughout the quarter. ConAgra Foodss profits for the quarter was up 1.1 % on a year-over-year basis. Equities experts anticipate that ConAgra Foods will post $2.23 EPS for the present financial year.