Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, food company ConAgra Foods (NYSE: CAG) has earned a respected four-star ranking.

With that in mind, let's take a closer look at ConAgra's business and see what CAPS investors are saying about the stock right now.

ConAgra facts

Headquarters (founded) Omaha, Neb. (1919)
Market Cap $10.9 billion
Industry Packaged foods and meats
Trailing-12-Month Revenue $12.8 billion
Management CEO Gary Rodkin (since 2005)
CFO John Gehring (since 2009)
Return on Equity (average, past 3 years) 14.7%
Cash/Debt $706.5 million / $3.0 billion
Dividend Yield 3.7%
Competitors H.J. Heinz
Kraft Foods
Nestle

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 90% of the 676 members who have rated ConAgra believe the stock will outperform the S&P 500 going forward.

A couple of months ago, one of those bulls, 1intheBlackSwamp, took a cautiously bullish stance on the stock:

Good dividend -- lots of cash, management skills, products in every home. [T]hey seem to have handled the 'commodity inflation taking profits from food-makers' concern. [T]hey better watch out for becoming the old moldy bread and get that growth thing going.

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