$0.31 EPS Expected for Nomad Foods Limited (NOMD)

March 16, 2018 - By Dolores Ford

 $0.31 EPS Expected for Nomad Foods Limited (NOMD)

Analysts expect Nomad Foods Limited (NYSE:NOMD) to report $0.31 EPS on March, 22 before the open.They anticipate $0.17 EPS change or 121.43 % from last quarter’s $0.14 EPS. NOMD’s profit would be $53.94M giving it 13.31 P/E if the $0.31 EPS is correct. After having $0.29 EPS previously, Nomad Foods Limited’s analysts see 6.90 % EPS growth. The stock decreased 0.78% or $0.13 during the last trading session, reaching $16.51. About 853,385 shares traded. Nomad Foods Limited (NYSE:NOMD) has risen 51.50% since March 16, 2017 and is uptrending. It has outperformed by 34.80% the S&P500.

Nomad Foods Limited (NYSE:NOMD) Ratings Coverage

Among 4 analysts covering Nomad Foods (NYSE:NOMD), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Nomad Foods had 5 analyst reports since June 3, 2016 according to SRatingsIntel. The rating was initiated by UBS on Friday, June 3 with “Buy”. The firm has “Buy” rating by SunTrust given on Wednesday, April 5. The stock has “Buy” rating by UBS on Friday, August 26. The firm earned “Buy” rating on Wednesday, February 15 by Deutsche Bank. Suntrust Robinson initiated Nomad Foods Limited (NYSE:NOMD) on Wednesday, April 5 with “Buy” rating.

Nomad Foods Limited manufactures and distributes frozen foods primarily in the United Kingdom, Italy, Germany, Sweden, France, and Norway. The company has market cap of $2.87 billion. The company's frozen food products include fish, vegetables, poultry products, and ready meals. It has a 22.52 P/E ratio. It sells its products directly or through distribution arrangements to supermarkets and large food retail chains under the Birdseye, Findus, and Iglo brands.

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