The price of NOMD is predicted to go up 0.5%, based on the high correlation periods with BRX. The similarity of these two price pattern on the periods is 95.76%.
NOMD
BRX
Up: 0.5%Similarity: 95.76%
NOMD Revenue Forecast
NOMD EPS Forecast
NOMD FAQs
What is bull’s view on NOMD?
NOMD stock has a bullish outlook with a 36.91% upside potential based on the average analyst target price of $24.00, compared to its current price of $17.53 . Analysts highlight its strong growth prospects, including a 2%-4% rise in adjusted EBITDA and confidence in meeting 2024 guidance . Despite a slight EPS forecast miss for 2025, its valuation remains attractive at around 9x earnings, making it appealing for long-term investors .
What is bear's view on NOMD?
NOMD stock currently trades at $17.53, with analysts projecting a 36.91% upside to $24.00, driven by optimism around its growth potential. However, its 2025 EPS forecast of €1.81-€1.85 fell short of consensus (€1.89), causing a slight dip in shares recently. Despite this, the stock remains attractive for long-term growth, supported by steady revenue and EBITDA growth expectations.
What is NOMD revenue forecast for next quarter?
The market consensus for NOMD's revenue in the upcoming quarter is projected to be approximately $797.68M EUR.
What is NOMD eps forecast for next quarter?
The market consensus for NOMD's eps in the upcoming quarter is projected to be approximately $0.414 EUR.
Barclays lowered the firm's price target on Nomad Foods to $19 from $21 and keeps an Overweight rating on the shares as part of a consumer staples Q4 earnings preview. Put simply, "it feels like there aren't many places to hide in Staples these days," the analyst tells investors in a research note.