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

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

Nomad Foods Stock Performance

NYSE:NOMD opened at $12.03 on Friday. The stock has a 50-day simple moving average of $11.24 and a two-hundred day simple moving average of $10.83. Nomad Foods has a 52-week low of $8.99 and a 52-week high of $15.91. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.66 and a current ratio of 1.06. The firm has a market capitalization of $1.68 billion, a PE ratio of 11.68 and a beta of 0.69.

Nomad Foods (NYSE:NOMD) last issued its quarterly earnings results on Thursday, August 13th. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.08. Nomad Foods had a return on equity of 9.05% and a net margin of 4.43%.The business had revenue of $825.94 million during the quarter, compared to analysts’ expectations of $822.17 million. During the same quarter in the prior year, the business posted $0.40 earnings per share. The business’s quarterly 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. Analysts forecast that Nomad Foods will post 1.75 EPS for the current year.

Nomad Foods Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Tuesday, August 11th will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Tuesday, August 11th. Nomad Foods’s dividend payout ratio is currently 66.02%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Weiss Ratings upgraded shares of Nomad Foods from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 2nd. Barclays upped their price target 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. BTIG Research reissued a “buy” rating and issued a $15.00 price objective on shares of Nomad Foods in a research note on Wednesday, May 13th. Zacks Research upgraded shares of Nomad Foods from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $11.00 target price on shares of Nomad Foods in a research note on Tuesday, July 21st. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Nomad Foods currently has an average rating of “Moderate Buy” and an average target price of $13.25.

Key Stories Impacting Nomad Foods

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

• Positive Sentiment: Earnings and revenue exceeded expectations: Nomad Foods reported adjusted EPS of $0.45, ahead of the $0.37 consensus estimate, while revenue of $825.94 million modestly surpassed expectations of $822.17 million. EPS was also above the prior-year result of $0.40. Nomad Foods Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Profitability trends improved: Management said pricing and productivity drove a positive gross-margin inflection. Reported gross margin expanded 130 basis points, while adjusted gross margin increased 110 basis points. Adjusted free-cash-flow conversion also improved year over year. Nomad Foods Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: Full-year outlook remains broadly aligned with expectations: Nomad Foods set fiscal 2026 EPS guidance at $1.604 to $1.779, compared with analyst consensus of $1.750. The range provides limited upside to estimates but keeps the midpoint near expectations.
• Negative Sentiment: Revenue and volumes declined: Second-quarter reported revenue fell 3.1% to €724 million, with organic revenue down 2.9%. Volume declined 5.9%, only partly offset by a 3.0% positive price-mix contribution, suggesting consumers or retailers remain cautious. Nomad Foods Q2 Earnings Snapshot
• Negative Sentiment: Underlying earnings weakened: Adjusted EBITDA declined 4.3% to €124 million, adjusted EPS fell 2.5% to €0.39, and reported profit decreased 15% to €49 million. These results indicate that pricing and cost savings have not fully offset lower volumes.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. T. Rowe Price Investment Management Inc. purchased a new stake in Nomad Foods during the 4th quarter valued at approximately $10,979,000. Brigade Capital Management LP purchased a new position in shares of Nomad Foods in the fourth quarter worth $10,946,000. Balyasny Asset Management L.P. purchased a new position in shares of Nomad Foods in the fourth quarter worth $9,722,000. Qube Research & Technologies Ltd lifted its holdings in shares of Nomad Foods by 164.1% in the second quarter. Qube Research & Technologies Ltd now owns 1,195,533 shares of the company’s stock worth $20,312,000 after buying an additional 742,813 shares in the last quarter. Finally, HRT Financial LP boosted its position in shares of Nomad Foods by 118.6% during the fourth quarter. HRT Financial LP now owns 878,584 shares of the company’s stock worth $10,991,000 after acquiring an additional 476,757 shares during the last quarter. 75.26% of the stock is owned by hedge funds and other institutional investors.

About Nomad Foods

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.