Nomad Foods Stock Buy Hold or Sell Recommendation
| NOMD Stock | USD 18.59 0.03 0.16% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Nomad Foods is 'Strong Hold'. Macroaxis provides Nomad Foods buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NOMD positions. The advice algorithm takes into account all of Nomad Foods' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Nomad Foods' buy or sell advice are summarized below:
Real Value 20.86 | Target Price 23.15 | Hype Value 18.61 | Market Value 18.59 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nomad Foods given historical horizon and risk tolerance towards Nomad Foods. When Macroaxis issues a 'buy' or 'sell' recommendation for Nomad Foods, the advice is generated through an automated system that utilizes algorithms and statistical models.
Nomad |
Execute Nomad Foods Buy or Sell Advice
The Nomad recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nomad Foods. Macroaxis does not own or have any residual interests in Nomad Foods or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nomad Foods' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Nomad Foods Trading Alerts and Improvement Suggestions
| Over 79.0% of the company shares are owned by institutional investors | |
| On 26th of February 2024 Nomad Foods paid $ 0.15 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Nomad Continues Recovering But Is Not Attractive Above 15.5 - Seeking Alpha |
Nomad Foods Returns Distribution Density
The distribution of Nomad Foods' historical returns is an attempt to chart the uncertainty of Nomad Foods' future price movements. The chart of the probability distribution of Nomad Foods daily returns describes the distribution of returns around its average expected value. We use Nomad Foods price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nomad Foods returns is essential to provide solid investment advice for Nomad Foods.
| Mean Return | 0.09 | Value At Risk | -1.96 | Potential Upside | 3.00 | Standard Deviation | 1.49 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nomad Foods historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nomad Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Nomad Foods is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nomad Foods backward and forwards among themselves. Nomad Foods' institutional investor refers to the entity that pools money to purchase Nomad Foods' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.7 M | Millennium Management Llc | 2023-12-31 | 2.3 M | Deutsche Bank Ag | 2023-12-31 | 2.2 M | Altravue Capital, Llc | 2023-12-31 | 2.1 M | Hhg Plc | 2023-12-31 | 2 M | Wellington Management Company Llp | 2023-12-31 | 2 M | Victory Capital Management Inc. | 2023-12-31 | 1.7 M | Paradice Investment Management Llc | 2023-12-31 | 1.7 M | Mount Capital Ltd | 2023-12-31 | 1.6 M | Fmr Inc | 2023-12-31 | 16.7 M | Boston Partners Global Investors, Inc | 2023-12-31 | 7.2 M |
Nomad Foods Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 23.5M | (12.7M) | (23.8M) | (61.7M) | 18.4M | 19.3M | |
| Change In Cash | 497.2M | (442.3M) | (128.3M) | 112.6M | 42.8M | 67.6M | |
| Free Cash Flow | 268.1M | 398.3M | 227.1M | 224.7M | 254.5M | 169.5M | |
| Depreciation | 68.3M | 67.6M | 71.6M | 88.6M | 93.1M | 57.9M | |
| Other Non Cash Items | 66.8M | (9.8M) | 16.4M | (17.1M) | (23.3M) | (22.2M) | |
| Capital Expenditures | 47.3M | 58.7M | 79.2M | 79.1M | 80.7M | 75.0M | |
| Net Income | 153.6M | 225.1M | 181M | 249.8M | 188.8M | 198.2M | |
| End Period Cash Flow | 824.8M | 382.5M | 254.2M | 366.8M | 413.2M | 388.3M | |
| Investments | (73.8M) | (171.4M) | 16.5M | (78.7M) | (76.8M) | (80.6M) | |
| Net Borrowings | (42M) | (32M) | 371.9M | (143.4M) | (164.9M) | (156.7M) | |
| Change To Netincome | 136M | 67.5M | 77.2M | 59.5M | 53.6M | 50.9M |
Nomad Foods Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nomad Foods or Food Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nomad Foods' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nomad stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0 | |
β | Beta against NYSE Composite | 1.01 | |
σ | Overall volatility | 1.52 | |
Ir | Information ratio | 0 |
Nomad Foods Volatility Alert
Nomad Foods has relatively low volatility with skewness of 1.01 and kurtosis of 2.7. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nomad Foods' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nomad Foods' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nomad Foods Fundamentals Vs Peers
Comparing Nomad Foods' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nomad Foods' direct or indirect competition across all of the common fundamentals between Nomad Foods and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nomad Foods or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nomad Foods' fundamental indicators could also be used in its relative valuation, which is a method of valuing Nomad Foods by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nomad Foods to competition |
| Fundamentals | Nomad Foods | Peer Average |
| Return On Equity | 0.0741 | -0.31 |
| Return On Asset | 0.0401 | -0.14 |
| Profit Margin | 0.06 % | (1.27) % |
| Operating Margin | 0.11 % | (5.51) % |
| Current Valuation | 4.76 B | 16.62 B |
| Shares Outstanding | 162.72 M | 571.82 M |
| Shares Owned By Insiders | 17.65 % | 10.09 % |
| Shares Owned By Institutions | 78.90 % | 39.21 % |
| Number Of Shares Shorted | 2.43 M | 4.71 M |
| Price To Earning | 12.39 X | 28.72 X |
| Price To Book | 1.07 X | 9.51 X |
| Price To Sales | 0.99 X | 11.42 X |
| Revenue | 2.98 B | 9.43 B |
| Gross Profit | 815.3 M | 27.38 B |
| EBITDA | 511.4 M | 3.9 B |
| Net Income | 188.75 M | 570.98 M |
| Cash And Equivalents | 221 M | 2.7 B |
| Cash Per Share | 1.28 X | 5.01 X |
| Total Debt | 2.19 B | 5.32 B |
| Debt To Equity | 0.92 % | 48.70 % |
| Current Ratio | 1.07 X | 2.16 X |
| Book Value Per Share | 15.88 X | 1.93 K |
| Cash Flow From Operations | 335.19 M | 971.22 M |
| Short Ratio | 3.66 X | 4.00 X |
| Earnings Per Share | 1.21 X | 3.12 X |
| Price To Earnings To Growth | 1.38 X | 4.89 X |
| Target Price | 24.12 | |
| Number Of Employees | 6.99 K | 18.84 K |
| Beta | 0.75 | -0.15 |
| Market Capitalization | 3.05 B | 19.03 B |
| Total Asset | 6.42 B | 29.47 B |
| Retained Earnings | 1.06 B | 9.33 B |
| Working Capital | 137.1 M | 1.48 B |
Nomad Foods Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nomad . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 3885.85 | |||
| Daily Balance Of Power | 0.15 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 18.58 | |||
| Day Typical Price | 18.58 | |||
| Price Action Indicator | 0.025 | |||
| Period Momentum Indicator | 0.03 |
About Nomad Foods Buy or Sell Advice
When is the right time to buy or sell Nomad Foods? Buying financial instruments such as Nomad Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 7.3M | 222.8M | 284.4M | 298.7M | Total Assets | 6.2B | 6.3B | 6.4B | 5.1B |
Use Investing Ideas to Build Portfolios
In addition to having Nomad Foods in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Latest Gainers Thematic Idea Now
Latest Gainers
Dynamically computed list of top equities currently sorted across major exchanges. The Latest Gainers theme has 142 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Latest Gainers Theme or any other thematic opportunities.
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Check out Nomad Foods Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Nomad Stock refer to our How to Trade Nomad Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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When running Nomad Foods' price analysis, check to measure Nomad Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nomad Foods is operating at the current time. Most of Nomad Foods' value examination focuses on studying past and present price action to predict the probability of Nomad Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nomad Foods' price. Additionally, you may evaluate how the addition of Nomad Foods to your portfolios can decrease your overall portfolio volatility.
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Is Nomad Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nomad Foods. If investors know Nomad will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nomad Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Earnings Share 1.21 | Revenue Per Share 17.849 | Quarterly Revenue Growth 0.014 | Return On Assets 0.0401 |
The market value of Nomad Foods is measured differently than its book value, which is the value of Nomad that is recorded on the company's balance sheet. Investors also form their own opinion of Nomad Foods' value that differs from its market value or its book value, called intrinsic value, which is Nomad Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nomad Foods' market value can be influenced by many factors that don't directly affect Nomad Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nomad Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nomad Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nomad Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.