Nomad Foods (NOMD) Expected to Announce Quarterly Earnings on Wednesday

Nomad Foods (NYSE:NOMD) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, August 6th. Analysts expect Nomad Foods to post earnings of $0.43 per share and revenue of $762.81 million for the quarter. Nomad Foods has set its FY 2025 guidance at 2.070-2.150 EPS.

Nomad Foods (NYSE:NOMD) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.04). The firm had revenue of $822.31 million during the quarter, compared to analyst estimates of $769.39 million. Nomad Foods had a net margin of 7.35% and a return on equity of 10.60%. The business’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.37 earnings per share. On average, analysts expect Nomad Foods to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Nomad Foods Trading Up 0.4%

NOMD stock opened at $17.50 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.66 and a current ratio of 1.06. The company’s 50-day simple moving average is $17.37 and its 200 day simple moving average is $18.27. Nomad Foods has a 52 week low of $15.43 and a 52 week high of $20.81. The company has a market capitalization of $2.68 billion, a PE ratio of 11.66 and a beta of 0.73.

Nomad Foods Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 26th. Stockholders of record on Monday, August 11th will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.89%. Nomad Foods’s payout ratio is 45.33%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on NOMD shares. Wall Street Zen cut shares of Nomad Foods from a “buy” rating to a “hold” rating in a research note on Friday, May 9th. Mizuho dropped their price objective on Nomad Foods from $26.00 to $23.00 and set an “outperform” rating for the company in a research report on Monday. Finally, Barclays reduced their price objective on Nomad Foods from $23.00 to $20.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 15th.

Institutional Investors Weigh In On Nomad Foods

Several hedge funds and other institutional investors have recently modified their holdings of NOMD. Royal Bank of Canada lifted its position in shares of Nomad Foods by 9.2% during the first quarter. Royal Bank of Canada now owns 143,968 shares of the company’s stock valued at $2,829,000 after purchasing an additional 12,131 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Nomad Foods by 81.3% in the 1st quarter. Millennium Management LLC now owns 656,686 shares of the company’s stock worth $12,904,000 after buying an additional 294,386 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Nomad Foods by 50.2% in the 1st quarter. Jane Street Group LLC now owns 75,847 shares of the company’s stock worth $1,490,000 after buying an additional 25,358 shares during the last quarter. Institutional investors own 75.26% of the company’s stock.

Nomad Foods Company Profile

Nomad Foods Limited, together with its subsidiaries, manufactures, markets, and distributes a range of frozen food products in the United Kingdom and internationally. The company offers frozen fish products, including fish fingers, coated fish, and natural fish; ready-to-cook vegetable products, such as peas and spinach; and frozen poultry and meat products comprising nuggets, grills, and burgers.