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

Nomad Foods (NYSE:NOMD) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 1.604-1.779 for the period, compared to the consensus estimate of 1.750. The company issued revenue guidance of -.

Nomad Foods Stock Performance

NYSE NOMD opened at $11.73 on Friday. The company has a fifty day moving average price of $11.28 and a 200-day moving average price of $10.83. The firm has a market cap of $1.64 billion, a price-to-earnings ratio of 11.50 and a beta of 0.69. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.06 and a quick ratio of 0.66. Nomad Foods has a 1 year low of $8.99 and a 1 year high of $15.91.

Nomad Foods (NYSE:NOMD) last released its quarterly earnings results on Thursday, August 13th. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.08. Nomad Foods had a net margin of 4.20% and a return on equity of 8.90%. The company had revenue of $825.94 million for the quarter, compared to analyst estimates of $825.02 million. During the same period last year, the firm earned $0.40 earnings per share. The firm’s revenue was down 3.1% on a year-over-year basis. Nomad Foods has set its FY 2026 guidance at 1.604-1.779 EPS. As a group, equities research analysts predict that Nomad Foods will post 1.75 EPS for the current fiscal year.

Nomad Foods Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Shareholders of record on Tuesday, August 11th will be paid a $0.17 dividend. The ex-dividend date is Tuesday, August 11th. This represents a $0.68 annualized dividend and a yield of 5.8%. Nomad Foods’s dividend payout ratio (DPR) is 66.67%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Barclays lifted their target price on shares of Nomad Foods from $12.00 to $14.00 and gave the stock an “overweight” rating in a research report on Monday, July 20th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $11.00 target price on shares of Nomad Foods in a research note on Tuesday, July 21st. Zacks Research upgraded shares of Nomad Foods from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. Weiss Ratings raised shares of Nomad Foods from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 2nd. Finally, BTIG Research reissued a “buy” rating and issued a $15.00 target price on shares of Nomad Foods in a research report on Friday. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $13.25.

Trending Headlines about Nomad Foods

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

• Positive Sentiment: Q2 earnings and revenue exceeded expectations: Nomad Foods reported adjusted EPS of $0.45, above the $0.37 analyst consensus, while revenue of $825.9 million modestly topped estimates. Nomad Foods Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Margins and cash generation improved: Pricing and productivity lifted reported gross margin by 130 basis points and adjusted gross margin by 110 basis points. Management also said adjusted free-cash-flow conversion increased year over year, supporting the company’s financial flexibility. Nomad Foods Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Analyst support remains favorable: BTIG Research reaffirmed its “buy” rating and assigned a $15 price target, implying meaningful upside from the referenced trading level. BTIG Reaffirms Buy Rating on Nomad Foods
• Neutral Sentiment: Valuation is back in focus: Coverage of NOMD’s rebound examines whether the company’s valuation adequately reflects its earnings potential and current operating recovery. Nomad Foods Rebound Brings Valuation Back Into Focus
• Negative Sentiment: Underlying growth remained weak: Reported revenue fell 3.1% to €724 million, with organic revenue down 2.9% as a 5.9% volume decline outweighed a 3.0% price-mix benefit. Adjusted EBITDA fell 4.3%, while profit declined 15% and adjusted EPS decreased 2.5% year over year. Nomad Foods Second Quarter Results
• Negative Sentiment: Guidance leaves limited room for upside: FY 2026 EPS guidance of $1.604–$1.779 spans below the $1.75 consensus at its lower end, potentially reinforcing concerns about volume trends and near-term earnings momentum.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Tidal Investments LLC increased its holdings in shares of Nomad Foods by 1.9% in the 2nd quarter. Tidal Investments LLC now owns 38,037 shares of the company’s stock worth $646,000 after buying an additional 726 shares during the last quarter. California Public Employees Retirement System raised its position in Nomad Foods by 0.4% during the second quarter. California Public Employees Retirement System now owns 268,627 shares of the company’s stock valued at $4,564,000 after purchasing an additional 1,044 shares in the last quarter. Osaic Holdings Inc. lifted its stake in Nomad Foods by 87.4% during the second quarter. Osaic Holdings Inc. now owns 2,658 shares of the company’s stock worth $45,000 after purchasing an additional 1,240 shares during the last quarter. Nebula Research & Development LLC lifted its stake in Nomad Foods by 4.4% during the second quarter. Nebula Research & Development LLC now owns 35,152 shares of the company’s stock worth $597,000 after purchasing an additional 1,481 shares during the last quarter. Finally, Captrust Financial Advisors increased its position in shares of Nomad Foods by 12.7% during the 2nd quarter. Captrust Financial Advisors now owns 18,481 shares of the company’s stock valued at $314,000 after purchasing an additional 2,084 shares during the last quarter. 75.26% of the stock is currently owned by institutional investors.

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.