BTIG Research Reaffirms Buy Rating for Nomad Foods (NYSE:NOMD)

Nomad Foods (NYSE:NOMD)‘s stock had its “buy” rating restated by equities researchers at BTIG Research in a research report issued to clients and investors on Thursday, Benzinga reports. They currently have a $15.00 price objective on the stock. BTIG Research‘s price objective suggests a potential upside of 20.19% from the stock’s previous close.

NOMD has been the topic of several other research reports. Jefferies Financial Group restated a “buy” rating and issued a $15.00 target price on shares of Nomad Foods in a report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $12.00 price objective on shares of Nomad Foods in a research report on Wednesday, October 7th. Barclays increased their target price on shares of Nomad Foods from $12.00 to $14.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. Zacks Research cut Nomad Foods from a “hold” rating to a “strong sell” rating in a research note on Monday, August 17th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Nomad Foods in a report on Tuesday, September 29th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Nomad Foods presently has a consensus rating of “Hold” and a consensus price target of $13.80.

Nomad Foods Trading Up 1.9%

Shares of NOMD stock opened at $12.48 on Thursday. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 12.24 and a beta of 0.74. The company’s fifty day simple moving average is $11.35 and its two-hundred day simple moving average is $11.02. Nomad Foods has a 1 year low of $8.99 and a 1 year high of $13.08. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.10 and a quick ratio of 0.66.

Nomad Foods (NYSE:NOMD) last announced its earnings results on Thursday, August 13th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.08. Nomad Foods had a net margin of 4.20% and a return on equity of 8.88%. The business had revenue of $825.94 million during the quarter, compared to analyst estimates of $825.02 million. During the same period in the previous year, the business posted $0.40 earnings per share. Nomad Foods’s revenue for the quarter was down 3.1% on a year-over-year basis. Nomad Foods has set its FY 2026 guidance at 1.604-1.779 EPS. As a group, analysts anticipate that Nomad Foods will post 1.62 earnings per share for the current year.

Insider Transactions at Nomad Foods

In other news, CEO Dominic Brisby acquired 50,000 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The shares were bought at an average cost of $12.38 per share, with a total value of $619,000.00. Following the transaction, the chief executive officer owned 726,794 shares of the company’s stock, valued at $8,997,709.72. This trade represents a 7.39% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Ruben Baldew acquired 28,290 shares of Nomad Foods stock in a transaction on Wednesday, August 19th. The shares were purchased at an average price of $11.85 per share, with a total value of $335,236.50. Following the completion of the purchase, the chief financial officer owned 367,172 shares in the company, valued at $4,350,988.20. This represents a 8.35% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 17.27% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in NOMD. EverSource Wealth Advisors LLC increased its stake in shares of Nomad Foods by 219.6% in the first quarter. EverSource Wealth Advisors LLC now owns 7,773 shares of the company’s stock worth $75,000 after purchasing an additional 5,341 shares in the last quarter. Cetera Investment Advisers purchased a new position in shares of Nomad Foods during the 1st quarter valued at $97,000. Alpine Woods Capital Investors LLC purchased a new position in shares of Nomad Foods during the 1st quarter valued at $150,000. Farther Finance Advisors LLC boosted its holdings in Nomad Foods by 4.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 39,318 shares of the company’s stock worth $406,000 after buying an additional 1,649 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in Nomad Foods in the 2nd quarter worth $411,000. Institutional investors own 75.26% of the company’s stock.

Nomad Foods News Summary

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

• Positive Sentiment: Q3 revenue rose 2.3% year over year to €770 million, while organic revenue grew 1.6%. Earnings per share also exceeded consensus estimates. Nomad Foods Q3 2026 results
• Positive Sentiment: Jefferies raised its price target on NOMD to $15, signaling a more favorable analyst view. Jefferies price target update
• Positive Sentiment: The company reported strong cash flow and reiterated its 2026 guidance and 2027 targets, offering reassurance that its outlook remains on track. Nomad Foods Q3 2026 results
• Neutral Sentiment: Organic growth reflected positive price and product mix (+1.8%), while volume was nearly flat (-0.2%); this suggests growth is not yet being driven by higher sales volumes. Nomad Foods Q3 2026 results

Nomad Foods Company Profile

Nomad Foods is a frozen-food company focused on the European market. The company sells branded frozen meals and ingredients, including frozen fish, vegetables, poultry, potato products, pizza and plant-based foods. Its products are distributed through grocery retailers and other food channels across multiple European countries.

Nomad Foods’ portfolio includes well-known brands such as Birds Eye, Findus, iglo, Goodfella’s, Aunt Bessie’s and Green Cuisine. The brands offer products ranging from fish fingers, frozen vegetables and ready meals to frozen pizza, potato specialties and meat-free alternatives.

The company was formed in 2014 following the acquisition of the Iglo Group and expanded through subsequent acquisitions, including Findus operations in several European markets, Goodfella’s in 2018 and Aunt Bessie’s in 2020.