NYSE - Delayed Quote • USD Nomad Foods Limited (NOMD) Follow Compare 16.67 +0.05 (+0.30%) At close: December 24 at 1:00:02 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Nomad Foods included in the 2024 Dow Jones Sustainability Europe Index for fourth consecutive year and scores top marks in Health & Nutrition Nomad Foods Limited (NYSE: NOMD), Europe's leading frozen food company, has today announced that it has been included in the annual Dow Jones Sustainability Europe Index (DJSI Europe) for the fourth consecutive year. Is Nomad Foods Limited (NYSE:NOMD) Trading At A 47% Discount? Key Insights Nomad Foods' estimated fair value is US$32.18 based on 2 Stage Free Cash Flow to Equity Nomad Foods... 3 things RFK could do as HHS head to disrupt the food industry Since President-elect Donald Trump announced Robert F. Kennedy Jr. as his Health and Human Services (HHS) secretary nominee, packaged food stocks have been in focus given Kennedy's views on processed foods. Mizuho's managing director and senior consumer equity research analyst, John Baumgartner, sits down with Market Domination hosts Julie Hyman and Josh Lipton to discuss how Kennedy could impact packaged food stocks. If confirmed by the Senate, Baumgartner highlights three changes that Kennedy could introduce that would affect the sector. "One in terms of what's most disruptive would be a tightening of EBT [Electronic Benefits Transfer] food stamp allocations." The analyst says that food stamp spending accounts for around 15% of all grocery spending, with some categories like soft drinks and frozen pizza seeing higher rates. "[The] second most impactful would be sugar (SB=F) taxes," Baumgartner says, explaining higher prices could reduce sales and encourage companies to reformulate their products. Finally, the third most disruptive change would be "outright bans on certain ingredients," such as artificial colors and flavors. For investors, Baumgartner finds the companies "most at risk would be US-centric companies that over-index to these categories," naming Hershey (HSY) and Mondelez (MDLZ). Watch the video above for more on the potential impacts of Kennedy as HHS secretary as it relates to food and weight-loss drugs. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. Nomad Foods to Participate in the Morgan Stanley Global Consumer and Retail Conference on December 3, 2024 Nomad Foods Limited (NYSE: NOMD) today announced that Stéfan Descheemaeker, Chief Executive Officer, and Ruben Baldew, Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley Global Consumer and Retail Conference to be held in New York City on Tuesday, December 3, 2024 at 3:45 PM Eastern time. Nomad Foods Third Quarter 2024 Earnings: Misses Expectations Nomad Foods ( NYSE:NOMD ) Third Quarter 2024 Results Key Financial Results Revenue: €769.6m (flat on 3Q 2023). Net... Nomad Foods lowers full-year 2024 guidance after ERP disruptions The frozen foods company now expects organic revenue growth for 2024 to range between 1% and 2%. Nomad Foods Sees Q3 Revenue Uptick Amid ERP Challenges Nomad Foods (NOMD) has released an update. Nomad Foods, Europe’s leading frozen food company, reported a modest 0.8% revenue increase for Q3 2024, reaching €770 million, despite temporary ERP system disruptions. The company achieved a significant 28% rise in adjusted EPS to €0.55, driven by strategic investments and a focus on high-margin growth platforms. However, full-year guidance has been adjusted downwards due to the ERP challenges, with expectations for organic revenue growth now set at 1% Nomad Foods Ltd (NOMD) Q3 2024 Earnings Call Highlights: Strong Organic Growth Amid ERP Challenges Nomad Foods Ltd (NOMD) reports its ninth consecutive quarter of organic growth, with a notable increase in gross margin and adjusted EPS, despite facing ERP-related headwinds. Frozen Food Company Nomad Overcomes ERP Hiccups With Solid Q3 Profit Growth, Cools 2024 Expectations Nomad Foods Limited (NYSE:NOMD) shares are trading higher on Thursday. The company reported third-quarter sales growth of 0.8% year-on-year to 769.6 million euros. Revenue of $845.87 million missed the consensus of $862.89 million. The company registered organic revenue growth of 0.3% with volume growth of 0.7%, despite an approximate 2.5% temporary headwind related to greater-than-expected ERP disruptions. Adjusted EBITDA increased 19.0% to 166 million euros. Gross profit increased 14.5% to 248 Nomad Foods (NOMD) Tops Q3 Earnings and Revenue Estimates Nomad Foods (NOMD) delivered earnings and revenue surprises of 7.14% and 0.61%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Nomad Foods: Q3 Earnings Snapshot FELTHAM, Britain (AP) — Nomad Foods Ltd. (NOMD) on Thursday reported earnings of $77.3 million in its third quarter. On a per-share basis, the Feltham, Britain-based company said it had profit of 48 cents. Earnings, adjusted for non-recurring costs, came to 60 cents per share. Nomad Foods Reports Third Quarter 2024 Financial Results Nomad Foods Limited (NYSE: NOMD), today reported financial results for the three and nine month periods ended September 30, 2024. Key operating highlights and financial performance for the third quarter 2024, when compared to the third quarter 2023, include: Is Nomad Foods Limited's (NYSE:NOMD) Recent Price Movement Underpinned By Its Weak Fundamentals? Nomad Foods (NYSE:NOMD) has had a rough three months with its share price down 9.7%. We, however decided to study the... Nomad Foods (NOMD) Earnings Expected to Grow: Should You Buy? Nomad Foods (NOMD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. 5 Value Stocks With Exciting EV-to-EBITDA Ratios to Scoop Up We have screened value stocks NOMD, LOCO, KBH, COLB and PAM based on the EV-to-EBITDA ratio, which gives the true picture of valuation and earnings potential. Nomad Foods to Report Third Quarter 2024 Financial Results on Thursday, November 14, 2024 Nomad Foods Limited (NYSE: NOMD) today announced it will report results for the third quarter ended September 30, 2024 before New York Stock Exchange market open on Thursday, November 14, 2024. A conference call with members of the executive management team will be held to discuss the results with additional comments and details. Nomad Foods Declares Quarterly Dividend Nomad Foods Limited (NYSE: NOMD) today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share on the Company's issued and outstanding ordinary shares. The dividend will be payable on November 26, 2024 to shareholders of record as of the close of business on November 8, 2024. Reforms needed to fix UK’s “broken food system”, Lords report urges Diet-related risks are now the second leading cause of years of life lost, after tobacco, the report said. Is Nomad Foods Limited (NYSE:NOMD) the Most Undervalued Value Stock to Buy According to Analysts? We recently compiled a list of the 8 Most Undervalued Value Stocks To Buy According To Analysts. In this article, we are going to take a look at where Nomad Foods Limited (NYSE:NOMD) stands against the other most undervalued value stocks to buy according to analysts. The Concept of Value Investing Value investing is the investment […] Are Investors Undervaluing Nomad Foods Limited (NOMD) Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Performance Overview Trailing total returns as of 12/24/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return NOMD S&P 500 YTD +1.71% +26.63% 1-Year +3.49% +27.03% 3-Year -31.39% +27.81%