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 (CAG -0.61%) has earned a respected four-star ranking.
With that in mind, let's take a closer look at ConAgra and see what CAPS investors are saying about the stock right now.
ConAgra facts
|
Headquarters (Founded) |
Omaha, Neb. (1919) |
|
Market Cap |
$11.9 billion |
|
Industry |
Packaged foods |
|
Trailing-12-Month Revenue |
$13.8 billion |
|
Management |
CEO Gary Rodkin (since 2005) |
|
Return on Equity (Average, Past 3 Years) |
14.5% |
|
Cash/Debt |
$476.8 million / $3.6 billion |
|
Dividend Yield |
3.4% |
|
Competitors |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 90% of the 693 members who have rated ConAgra believe the stock will outperform the S&P 500 going forward.
Earlier today, one of those Fools, InvestorDeb, succinctly summed up the ConAgra bull case for our community:
[T]he recently announced plan to purchase private label [Ralcorp Holdings (NYSE: RAH)] broadens their reach in consumer packaging. Margins will improve as a result of improved raw costs and addition of private label packaging. Volume trends are improving.
Shares of ConAgra have a 3.40% dividend yield, based on last night's closing stock price of $29.39. The stock has technical support in the $27-$28 area.
If you want market-thumping returns, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future. Of course, despite a strong four-star rating, ConAgra may not be your top choice.
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