Nomad Foods Limited (NOMD) EPS Estimated At $0.31; Managed Duration Investment Grade Municipal Fund (MZF) Sentiment Is 1.83

March 14, 2018 - By Marie Mckinney

Analysts expect Nomad Foods Limited (NYSE:NOMD) to report $0.31 EPS on March, 22 before the open.They anticipate $0.17 EPS change or 121.43% from last quarter’s $0.14 EPS. NOMD’s profit would be $53.94M giving it 13.33 P/E if the $0.31 EPS is correct. After having $0.29 EPS previously, Nomad Foods Limited’s analysts see 6.90% EPS growth. The stock decreased 1.55% or $0.26 during the last trading session, reaching $16.53. About 496,062 shares traded. Nomad Foods Limited (NYSE:NOMD) has risen 51.50% since March 14, 2017 and is uptrending. It has outperformed by 34.80% the S&P500.

The stock increased 1.87% or $0.25 during the last trading session, reaching $13.6. About 38,482 shares traded or 75.16% up from the average. Managed Duration Investment Gra (MZF) has declined 2.17% since March 14, 2017 and is downtrending. It has underperformed by 18.87% the S&P500.

Among 4 analysts covering Nomad Foods (NYSE:NOMD), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Nomad Foods had 5 analyst reports since June 3, 2016 according to SRatingsIntel. On Wednesday, February 15 the stock rating was initiated by Deutsche Bank with “Buy”. The firm has “Buy” rating given on Friday, August 26 by UBS. The stock has “Buy” rating by SunTrust on Wednesday, April 5. The firm has “Buy” rating given on Friday, June 3 by UBS. Suntrust Robinson initiated Nomad Foods Limited (NYSE:NOMD) on Wednesday, April 5 with “Buy” rating.

Nomad Foods Limited manufactures and distributes frozen foods primarily in the United Kingdom, Italy, Germany, Sweden, France, and Norway. The company has market cap of $2.88 billion. The company's frozen food products include fish, vegetables, poultry products, and ready meals. It has a 22.61 P/E ratio. It sells its products directly or through distribution arrangements to supermarkets and large food retail chains under the Birdseye, Findus, and Iglo brands.

Karpus Management Inc. holds 1.09% of its portfolio in Managed Duration Investment Gra for 1.54 million shares. Rivernorth Capital Management Llc owns 768,818 shares or 0.86% of their US portfolio. Moreover, Ashford Capital Management Inc has 0.26% invested in the company for 118,688 shares. The Washington-based Tradewinds Capital Management Llc has invested 0.23% in the stock. Sit Investment Associates Inc, a Minnesota-based fund reported 158,460 shares.

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