Nomad Foods (NYSE:NOMD) Stock Rating Reaffirmed as “Buy” by BTIG Research

Nomad Foods (NYSE:NOMD)‘s stock had its “buy” rating restated by equities research analysts at BTIG Research in a research report issued on Thursday, Benzinga reports. They currently have a $15.00 target price on the stock. BTIG Research‘s target price suggests a potential upside of 20.19% from the company’s previous close.

NOMD has been the topic of several other reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $12.00 price target on shares of Nomad Foods in a research note on Wednesday, October 7th. Zacks Research downgraded shares of Nomad Foods from a “hold” rating to a “strong sell” rating in a research report on Monday, August 17th. Weiss Ratings restated a “hold (c-)” rating on shares of Nomad Foods in a research note on Tuesday, September 29th. Jefferies Financial Group reaffirmed a “buy” rating and set a $15.00 price target on shares of Nomad Foods in a report on Wednesday. Finally, Barclays boosted their price objective on shares of Nomad Foods from $12.00 to $14.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $13.80.

Nomad Foods Price Performance

Shares of NOMD opened at $12.48 on Thursday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.66 and a current ratio of 1.10. The firm has a 50-day simple moving average of $11.35 and a 200-day simple moving average of $11.02. Nomad Foods has a fifty-two week low of $8.99 and a fifty-two week high of $13.08. The company has a market capitalization of $1.74 billion, a price-to-earnings ratio of 12.24 and a beta of 0.74.

Nomad Foods (NYSE:NOMD) last posted its earnings results on Thursday, August 13th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.08. Nomad Foods had a return on equity of 8.88% and a net margin of 4.20%. The company had revenue of $825.94 million for the quarter, compared to the consensus estimate of $825.02 million. During the same period in the previous year, the business earned $0.40 earnings per share. Nomad Foods’s quarterly revenue was down 3.1% compared to the same quarter last year. Nomad Foods has set its FY 2026 guidance at 1.604-1.779 EPS. On average, equities research analysts anticipate that Nomad Foods will post 1.62 earnings per share for the current year.

Insider Buying and Selling

In other Nomad Foods news, CEO Dominic Brisby acquired 50,000 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The shares were purchased at an average price of $12.38 per share, with a total value of $619,000.00. Following the completion of the transaction, the chief executive officer owned 726,794 shares in the company, valued at $8,997,709.72. The trade was a 7.39% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Ruben Baldew purchased 28,290 shares of the stock in a transaction dated Wednesday, August 19th. The stock was acquired at an average cost of $11.85 per share, for a total transaction of $335,236.50. Following the completion of the transaction, the chief financial officer owned 367,172 shares of the company’s stock, valued at $4,350,988.20. The trade was a 8.35% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 17.27% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Penn Capital Management Company LLC acquired a new position in Nomad Foods during the third quarter valued at approximately $1,137,000. Oppenheimer & Co. Inc. boosted its holdings in shares of Nomad Foods by 3.9% in the third quarter. Oppenheimer & Co. Inc. now owns 79,000 shares of the company’s stock valued at $816,000 after buying an additional 3,000 shares during the period. Noesis Capital Mangement Corp bought a new stake in shares of Nomad Foods in the third quarter valued at about $516,000. Townsend & Associates Inc raised its holdings in shares of Nomad Foods by 4.4% in the third quarter. Townsend & Associates Inc now owns 954,647 shares of the company’s stock valued at $9,862,000 after purchasing an additional 40,451 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its holdings in Nomad Foods by 29.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 532,129 shares of the company’s stock worth $5,497,000 after acquiring an additional 119,759 shares in the last quarter. 75.26% of the stock is currently owned by institutional investors.

Trending Headlines about Nomad Foods

Here are the key news stories impacting Nomad Foods this week:

• Positive Sentiment: Q3 revenue rose 2.3% year over year to €770 million, while organic revenue grew 1.6%. Earnings per share also exceeded consensus estimates. Nomad Foods Q3 2026 results
• Positive Sentiment: Jefferies raised its price target on NOMD to $15, signaling a more favorable analyst view. Jefferies price target update
• Positive Sentiment: The company reported strong cash flow and reiterated its 2026 guidance and 2027 targets, offering reassurance that its outlook remains on track. Nomad Foods Q3 2026 results
• Neutral Sentiment: Organic growth reflected positive price and product mix (+1.8%), while volume was nearly flat (-0.2%); this suggests growth is not yet being driven by higher sales volumes. Nomad Foods Q3 2026 results

Nomad Foods Company Profile

Nomad Foods is a frozen-food company focused on the European market. The company sells branded frozen meals and ingredients, including frozen fish, vegetables, poultry, potato products, pizza and plant-based foods. Its products are distributed through grocery retailers and other food channels across multiple European countries.

Nomad Foods’ portfolio includes well-known brands such as Birds Eye, Findus, iglo, Goodfella’s, Aunt Bessie’s and Green Cuisine. The brands offer products ranging from fish fingers, frozen vegetables and ready meals to frozen pizza, potato specialties and meat-free alternatives.

The company was formed in 2014 following the acquisition of the Iglo Group and expanded through subsequent acquisitions, including Findus operations in several European markets, Goodfella’s in 2018 and Aunt Bessie’s in 2020.