Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) hit a new 52-week high Thursday as it is currently trading at $27.43, above its previous 52-week high of $27.34 with 4.6 million shares traded as of 10:05 a.m. ET. Average volume has been 3.8 million shares over the past 30 days.
ConAgra has a market cap of $10.41 billion and is part of the
industry. Shares are down 2.9% year to date as of the close of trading on Wednesday.
ConAgra Foods, Inc. operates as a food company primarily in North America. The company operates through two segments, Consumer Foods and Commercial Foods. The company has a P/E ratio of 22.9, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates ConAgra as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. You can view the full
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