Nomad Foods (NOMD) Projected to Post Earnings on Thursday

Nomad Foods (NYSE:NOMD) is expected to be announcing its Q1 2025 earnings results before the market opens on Thursday, May 8th. Analysts expect Nomad Foods to post earnings of $0.39 per share and revenue of $769.39 million for the quarter.

Nomad Foods Trading Down 2.1 %

Nomad Foods stock opened at $19.59 on Wednesday. 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 1 year low of $15.43 and a 1 year high of $20.81. The firm’s 50-day moving average is $19.58 and its 200-day moving average is $18.12. The company has a market cap of $3.00 billion, a P/E ratio of 14.73 and a beta of 0.81.

Nomad Foods Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Monday, May 12th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.47%. The ex-dividend date of this dividend is Monday, May 12th. Nomad Foods’s payout ratio is 45.03%.

Analysts Set New Price Targets

Several brokerages have weighed in on NOMD. StockNews.com lowered Nomad Foods from a “strong-buy” rating to a “buy” rating in a research report on Friday, April 25th. Barclays boosted their price objective on Nomad Foods from $19.00 to $23.00 and gave the stock an “overweight” rating in a research report on Monday, March 3rd. Finally, Mizuho raised their price target on Nomad Foods from $24.00 to $26.00 and gave the company an “outperform” rating in a report on Tuesday, March 4th.

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.