Nomad Foods (NYSE:NOMD) Releases Quarterly Earnings Results, Hits Expectations

Nomad Foods (NYSE:NOMD) announced its earnings results on Thursday. The company reported $0.50 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.50, FiscalAI reports. Nomad Foods had a net margin of 6.56% and a return on equity of 9.73%. The business had revenue of $907.05 million during the quarter, compared to the consensus estimate of $775.52 million. During the same quarter last year, the firm earned $0.42 earnings per share. Nomad Foods’s quarterly revenue was down 2.6% on a year-over-year basis. Nomad Foods updated its FY 2026 guidance to 1.710-1.890 EPS.

Here are the key takeaways from Nomad Foods’ conference call:

• Negative net sales guidance for 2026 driven by delays and disruption in annual retailer negotiations, which management says is temporary but will depress near-term sales.
• Significant fish cost inflation is forcing the company to take price increases (with competitors expected to follow with a lag), and management expects this will cause some negative volume/mix impact in the near term.
• Management expects to return to growth in 2027 and 2028 and will present detailed multi-year plans at their Analyst Day later this year.
• CEO and CFO plan to make substantial insider share purchases in the coming weeks, and buybacks remain a priority alongside investing in the business, subject to leverage and liquidity considerations.
• The company will invest in point-of-sale activity, packaging improvements and new innovations (e.g., rollouts like Chicken Shop) to drive frozen category excitement and defend share, which management says is factored into this year’s plan.

Nomad Foods Stock Down 8.7%

NOMD stock traded down $1.07 during mid-day trading on Thursday, reaching $11.26. 8,870,721 shares of the company traded hands, compared to its average volume of 1,281,980. The company has a quick ratio of 0.59, a current ratio of 1.02 and a debt-to-equity ratio of 0.81. The firm’s 50 day moving average price is $12.41 and its 200 day moving average price is $12.84. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 7.82 and a beta of 0.72. Nomad Foods has a fifty-two week low of $10.66 and a fifty-two week high of $20.81.

Nomad Foods Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 26th. Stockholders of record on Wednesday, February 11th will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Wednesday, February 11th. This represents a $0.68 annualized dividend and a dividend yield of 6.0%. Nomad Foods’s payout ratio is presently 47.22%.

Institutional Investors Weigh In On Nomad Foods

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Entropy Technologies LP grew its holdings in shares of Nomad Foods by 59.1% in the third quarter. Entropy Technologies LP now owns 18,083 shares of the company’s stock valued at $238,000 after acquiring an additional 6,719 shares in the last quarter. Aristides Capital LLC boosted its position in Nomad Foods by 34.0% in the third quarter. Aristides Capital LLC now owns 17,894 shares of the company’s stock worth $235,000 after purchasing an additional 4,536 shares during the last quarter. nVerses Capital LLC bought a new position in Nomad Foods in the 4th quarter valued at $231,000. BTG Pactual Asset Management US LLC purchased a new stake in shares of Nomad Foods during the 4th quarter valued at $224,000. Finally, Cetera Investment Advisers bought a new stake in shares of Nomad Foods during the 2nd quarter worth $221,000. 75.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Mizuho lowered their target price on Nomad Foods from $17.00 to $15.00 and set an “outperform” rating for the company in a report on Thursday, January 8th. BTIG Research reiterated a “buy” rating and issued a $18.00 price objective on shares of Nomad Foods in a research note on Monday, November 10th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Nomad Foods in a research report on Wednesday, January 28th. Finally, Zacks Research upgraded shares of Nomad Foods from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 6th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $17.00.

More Nomad Foods News

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

• Positive Sentiment: Q4 results showed operational strength — EPS of $0.50 matched estimates and was up from $0.42 a year ago, while revenue of $907.1M materially exceeded the consensus (~$775.5M). Management said organic revenue declines moderated and retail sell‑out accelerated, supporting near‑term cash flow resilience. Nomad Foods Reports Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: Annual Report (Form 20‑F) with audited 2025 financial statements filed and available to shareholders — good for transparency but not market moving by itself. Nomad Foods Annual Report Available to Shareholders
• Neutral Sentiment: Earnings materials and call transcript are available for deeper read — useful for investors who want detail on margin drivers, cost actions and the new CEO’s plan. Q4 2025 Earnings Call Transcript
• Negative Sentiment: FY‑2026 EPS guidance was set at $1.71–$1.89, noticeably below the ~$2.06 consensus — the guidance gap signals a more cautious near‑term profit outlook and is the primary driver of today’s share weakness. Nomad Foods Reports Fourth Quarter and Full Year 2025 Financial Results
• Negative Sentiment: Press coverage highlights a new CEO “transition” plan and describes the company as positioning for a “painful year,” which increases investor concern about near‑term execution risk and restructuring or cost moves that could weigh on sentiment. Nomad Foods positions for painful year under new CEO’s “transition” plan

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.