CAG Conagra Brands, Inc.
Conagra Brands, Inc. (CAG) trend channel, buy level and 3-month target on Trade The Path. Sector: Consumer Defensive. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (TheilβSen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
Mid-channel, falling on both timeframes
Price is between the two trend lines. Nothing to act on yet.
The next few months are read from the last 12 months, not the last 9 months: that channel fits this stock's recent turns at least as well (59% against 45%) and it is the one price is respecting now. The last 9 months stay as context: falling, β22% a year. The nearest ceiling overhead is US$16.67, from the last 12 months. What would overturn this: a close below US$11.57 β the floor of the channel being read β after which the trend, not the entry, is what was wrong.
- 9 months
- US$10.29 β US$17.92 Falling channel, β22% a year
- 12 months read from
- US$11.57 β US$16.67 Falling channel, β20% a year
- Position in that channel
- 71% 0% at the floor, 100% at the ceiling
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call today because no target size has paid on this stockβs own record, so there is none to publish. No alerts are sent. The buy and target below are still this site's read of the fitted channel.
Buy at or below
US$10.28
level as at 17 Sept 2026
Our target
US$23.30
by 16 Dec 2026
Projected move
126.6%
gross, before costs
Price sits between our buy level and our target.
- Upper line touches
- 2
- Lower line touches
- 2
- Fit confidence
- 45%
- Fitted
- 16 Sept 2026
About Conagra Brands, Inc.
Conagra Brands, Inc., a prominent manufacturer of packaged food products, conducts its business across North America through its various subsidiary companies. The firm organizes its extensive operations into four distinct segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks division primarily distributes non-perishable food items through various retail channels within the United States. In contrast, the Refrigerated & Frozen segment focuses on supplying temperature-sensitive food products to comparable U.S. retail outlets. Its International division caters to markets outside the United States, offering food products in all temperature states to both retail consumers and professional food service operators globally. Domestically, the Foodservice segment specializes in providing both proprietary and custom-engineered culinary offerings, such as prepared meals, entrees, sauces, and other specially manufactured gastronomic items, tailored for restaurants and institutional food providers throughout the United States. Conagra maintains an extensive portfolio of well-recognized brands, including Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, Slim Jim, Angie's BOOMCHICKAPOP, Duke's, Earth Balance, Gardein, and Frontera. The company, which traces its origins back to 1861, was formerly known as ConAgra Foods, Inc. until its rebranding to Conagra Brands, Inc. in November 2016. Its main corporate offices are located in Chicago, Illinois.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- CEO
- John Brase
- Employees
- 17,400
- Country
- US
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings β that data is licensed and we do not redistribute it.
- Valuation
- β
- Profitability
- β
- Financial health
- β
- Cash generation
- β
Key statistics
- Market cap
- US$7.71B
- Enterprise value
- β
- Beta
- -0.05
- Avg volume
- 15.81M
- Revenue per share
- β
- Dividend yield
- β
- 52-week range
- 12.53-20.32
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- β
- PEG
- β
- Price / sales
- β
- Price / book
- β
- EV / EBITDA
- β
- Gross margin
- β
- Operating margin
- β
- Net margin
- β
- Current ratio
- β
- Quick ratio
- β
- Debt / equity
- β
- Interest cover
- β
Income statement
Balance sheet
Cash flow
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.