Nomad Foods (NOMD) Set to Announce Earnings on Thursday

Nomad Foods (NYSE:NOMD) is scheduled to announce its earnings results before the market opens on Thursday, February 28th. Analysts expect the company to announce earnings of $0.34 per share for the quarter.

Shares of NYSE NOMD opened at $18.98 on Thursday. Nomad Foods has a 52-week low of $15.35 and a 52-week high of $21.45. The firm has a market cap of $3.31 billion, a PE ratio of 16.80, a P/E/G ratio of 1.15 and a beta of 1.28. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.10 and a quick ratio of 0.60.

Separately, Zacks Investment Research raised shares of Nomad Foods from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research note on Tuesday, January 22nd. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $23.00.

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About Nomad Foods

Nomad Foods Limited manufactures and distributes frozen foods in Western Europe. The company offers fish products, including fish fingers, coated fish, and natural fish; vegetables, such as peas and spinach; and poultry and meat products comprising nuggets, grills, and burgers. It also provides meals products that include ready to cook noodles, pasta, lasagne, pancakes, and other ready-made meals; and other products, such as soups, pizzas, and bakery goods.

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Earnings History for Nomad Foods (NYSE:NOMD)

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