Nomad Foods (NYSE:NOMD) Issues FY 2026 Earnings Guidance

Nomad Foods (NYSE:NOMD) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.720-1.900 for the period, compared to the consensus estimate of 1.700. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several equities research analysts have recently commented on NOMD shares. Barclays lowered their price target on shares of Nomad Foods from $13.00 to $12.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $10.00 target price (down from $15.00) on shares of Nomad Foods in a report on Monday, March 30th. Zacks Research cut shares of Nomad Foods from a “hold” rating to a “strong sell” rating in a research report on Monday, March 2nd. Mizuho cut their price target on shares of Nomad Foods from $15.00 to $13.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 3rd. Finally, BTIG Research reduced their price objective on Nomad Foods from $18.00 to $15.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $12.50.

Nomad Foods Stock Down 6.9%

Shares of Nomad Foods stock traded down $0.70 on Friday, reaching $9.45. 2,481,348 shares of the company were exchanged, compared to its average volume of 1,723,255. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of 9.26 and a beta of 0.69. The company has a current ratio of 1.07, a quick ratio of 0.66 and a debt-to-equity ratio of 0.90. Nomad Foods has a one year low of $9.17 and a one year high of $19.32. The company has a 50-day moving average of $9.92 and a 200 day moving average of $11.42.

Nomad Foods (NYSE:NOMD) last issued its earnings results on Thursday, May 7th. The company reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.06. The business had revenue of $827.87 million for the quarter, compared to the consensus estimate of $804.00 million. Nomad Foods had a net margin of 4.50% and a return on equity of 9.83%. The firm’s revenue for the quarter was down 5.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.21 earnings per share. Nomad Foods has set its FY 2026 guidance at 1.720-1.900 EPS. On average, equities research analysts forecast that Nomad Foods will post 1.7 earnings per share for the current year.

Nomad Foods Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Tuesday, May 12th will be paid a $0.17 dividend. The ex-dividend date is Tuesday, May 12th. This represents a $0.68 annualized dividend and a yield of 7.2%. Nomad Foods’s dividend payout ratio is currently 66.67%.

Institutional Investors Weigh In On Nomad Foods

Large investors have recently added to or reduced their stakes in the business. Tidal Investments LLC boosted its position in Nomad Foods by 1.9% during the second quarter. Tidal Investments LLC now owns 38,037 shares of the company’s stock worth $646,000 after purchasing an additional 726 shares during the period. California Public Employees Retirement System boosted its holdings in shares of Nomad Foods by 0.4% during the second quarter. California Public Employees Retirement System now owns 268,627 shares of the company’s stock worth $4,564,000 after acquiring an additional 1,044 shares during the period. Osaic Holdings Inc. grew its position in shares of Nomad Foods by 87.4% in the second quarter. Osaic Holdings Inc. now owns 2,658 shares of the company’s stock valued at $45,000 after purchasing an additional 1,240 shares during the last quarter. Nebula Research & Development LLC grew its position in shares of Nomad Foods by 4.4% in the second quarter. Nebula Research & Development LLC now owns 35,152 shares of the company’s stock valued at $597,000 after purchasing an additional 1,481 shares during the last quarter. Finally, Captrust Financial Advisors increased its stake in shares of Nomad Foods by 12.7% during the second quarter. Captrust Financial Advisors now owns 18,481 shares of the company’s stock worth $314,000 after purchasing an additional 2,084 shares during the period. Institutional investors own 75.26% of the company’s stock.

Nomad Foods Company Profile

Nomad Foods Limited is a leading frozen foods company headquartered in the United Kingdom, operating under the ticker symbol NOMD on the New York Stock Exchange. The company’s portfolio comprises well-known consumer brands such as Birds Eye, iglo, Findus, Goodfella’s and Aunt Bessie’s, covering a wide range of categories including vegetables, seafood, ready meals, pizzas and desserts. Nomad Foods focuses on delivering convenient, high-quality frozen products designed to meet evolving consumer preferences for taste, nutrition and ease of preparation.

Formed in 2015 through the acquisition of Iglo Group by investment firms Permira and Goldman Sachs Asset Management, Nomad Foods was created with the strategy of building Europe’s largest frozen foods platform.