
Nomad Foods (NOMD) Stock Forecast & Price Target
Nomad Foods (NOMD) Analyst Ratings
Bulls say
Nomad Foods Ltd has significantly improved its brand portfolio through strategic investments, resulting in a stronger competitive position compared to a decade ago. The company is well-positioned for growth, benefiting from its leadership in health-oriented food categories and the favorable recovery of economic conditions across Europe. Additionally, Nomad Foods is pursuing a substantial €200 million productivity initiative over the next five years, aimed at enhancing profit margins through procurement, network utilization savings, and reduced overhead expenses.
Bears say
Nomad Foods Ltd has experienced a significant decline in gross margin, decreasing by 160 basis points to 28.0%, primarily due to heightened cost inflation and lower pricing that does not keep pace with input cost increases. Additionally, the operating margin has fallen by 100 basis points to 13.7%, while adjusted EBITDA has dropped by 6.0% year-over-year to €531.2 million, reflecting the adverse impacts of inflationary pressures and a decline in sales. Overall, sales have decreased by 1.2% to €3,067.8 million, further reinforcing concerns regarding the company's financial resilience and profitability in a challenging market environment.
This aggregate rating is based on analysts' research of Nomad Foods and is not a guaranteed prediction by Public.com or investment advice.
Nomad Foods (NOMD) Analyst Forecast & Price Prediction
Start investing in Nomad Foods (NOMD)
Order type
Buy in
Order amount
Est. shares
0 shares