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

Nomad Foods (NYSE:NOMD) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.990-2.030 for the period, compared to the consensus EPS estimate of 1.890. The company issued revenue guidance of -.

Analysts Set New Price Targets

NOMD has been the topic of a number of recent analyst reports. StockNews.com raised Nomad Foods from a “hold” rating to a “buy” rating in a research note on Monday, November 18th. Mizuho reduced their target price on Nomad Foods from $28.00 to $24.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 18th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on Nomad Foods from $25.00 to $23.00 and set a “buy” rating on the stock in a research note on Monday, November 4th.

Nomad Foods Stock Performance

NYSE:NOMD opened at $15.86 on Tuesday. Nomad Foods has a fifty-two week low of $15.43 and a fifty-two week high of $20.05. The firm’s 50 day moving average is $17.08 and its two-hundred day moving average is $17.81. The company has a market cap of $2.58 billion, a P/E ratio of 11.92 and a beta of 0.79. The company has a quick ratio of 0.72, a current ratio of 1.20 and a debt-to-equity ratio of 0.79.

Nomad Foods Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Friday, November 8th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend was Friday, November 8th. Nomad Foods’s payout ratio is currently 45.11%.

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.