Nomad Foods (NYSE:NOMD) Releases FY 2026 Earnings Guidance

Nomad Foods (NYSE:NOMD) updated its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.604-1.779 for the period, compared to the consensus EPS estimate of 1.630. The company issued revenue guidance of -.

Nomad Foods Stock Up 2.8%

Shares of NYSE:NOMD opened at $10.99 on Wednesday. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 10.77 and a beta of 0.75. Nomad Foods has a one year low of $8.99 and a one year high of $13.08. The firm has a fifty day moving average price of $11.39 and a two-hundred day moving average price of $10.68. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.10 and a quick ratio of 0.66.

Nomad Foods (NYSE:NOMD) last issued its quarterly earnings results on Thursday, August 13th. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.08. The firm had revenue of $825.94 million during the quarter, compared to analyst estimates of $825.02 million. Nomad Foods had a return on equity of 8.88% and a net margin of 4.20%.The company’s revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 earnings per share. Nomad Foods has set its FY 2026 guidance at 1.604-1.779 EPS. Analysts anticipate that Nomad Foods will post 1.63 EPS for the current fiscal year.

Nomad Foods Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Tuesday, August 11th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.68 annualized dividend and a yield of 6.2%. Nomad Foods’s dividend payout ratio (DPR) is currently 66.67%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on NOMD shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $11.00 target price on shares of Nomad Foods in a research report on Tuesday, July 21st. Zacks Research lowered shares of Nomad Foods from a “hold” rating to a “strong sell” rating in a research note on Monday, August 17th. Barclays upped their price objective on shares of Nomad Foods from $12.00 to $14.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. BTIG Research reaffirmed a “buy” rating and set a $15.00 target price on shares of Nomad Foods in a research note on Friday, August 14th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Nomad Foods in a report on Tuesday, September 29th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $13.25.

Insider Buying and Selling at Nomad Foods

In other news, CEO Dominic Brisby acquired 50,000 shares of Nomad Foods stock in a transaction dated Monday, August 24th. The stock was purchased at an average cost of $12.38 per share, with a total value of $619,000.00. Following the completion of the purchase, the chief executive officer directly owned 726,794 shares in the company, valued at approximately $8,997,709.72. This trade represents a 7.39% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Ruben Baldew acquired 28,290 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were purchased at an average price of $11.85 per share, for a total transaction of $335,236.50. Following the completion of the transaction, the chief financial officer directly owned 367,172 shares in the company, valued at approximately $4,350,988.20. This trade represents a 8.35% increase in their ownership of the stock. The SEC filing for this purchase provides additional information.

About Nomad Foods

Nomad Foods Ltd. is a European food company focused on frozen foods. Its portfolio includes frozen fish, vegetables, poultry, potato products, meals, and desserts sold through grocery retailers and other food channels.

The company markets products under several established brands, including Birds Eye in the United Kingdom and Ireland, iglo in Germany and other European markets, Findus in parts of continental Europe, Aunt Bessie’s in the United Kingdom, and Goodfella’s frozen pizza in selected markets.