Nomad Foods (NYSE:NOMD) Releases FY25 Earnings Guidance

Nomad Foods (NYSE:NOMD) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of €1.81-1.85 for the period, compared to the consensus earnings per share estimate of $1.89. Nomad Foods also updated its FY 2025 guidance to 1.990-2.030 EPS.

Nomad Foods Stock Performance

NYSE NOMD opened at $16.81 on Thursday. The stock’s fifty day moving average is $17.05 and its two-hundred day moving average is $17.81. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.72 and a current ratio of 1.20. The firm has a market capitalization of $2.74 billion, a P/E ratio of 12.64 and a beta of 0.79. Nomad Foods has a fifty-two week low of $15.43 and a fifty-two week high of $20.05.

Nomad Foods Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Stockholders of record on Friday, November 8th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.57%. The ex-dividend date of this dividend was Friday, November 8th. Nomad Foods’s dividend payout ratio (DPR) is 45.11%.

Analyst Upgrades and Downgrades

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

Nomad Foods Company Profile

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.