Processed & Packaged Goods Stocks' Research Reports Released on American Lorain, General Mills, Nomad Foods, and J.M. Smucker

April 19, 2018 | By forimmediaterele | Filed in: Press Releases.

Travel & Tourism Industry release:

NEW YORK, April 19, 2018 /PRNewswire/ —

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on ALN, GIS, NOMD, and SJM which can be accessed for free by signing up to www.wallstequities.com/registration. Ahead of today’s trading session, WallStEquities.com scans American Lorain Corp. (NYSE AMER: ALN), General Mills Inc. (NYSE: GIS), Nomad Foods Ltd (NYSE: NOMD), and The J. M. Smucker Co. (NYSE: SJM). Companies in the Processed and Packaged Goods space, for the most part, are considered consumer staples in as much as they sell products, such as basic foods and beverages, that are consumed all year round in all economic cycles. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

American Lorain

Linyi, China headquartered American Lorain Corp.’s stock finished Wednesday’s session 0.05% lower at $0.19 with a total trading volume of 200,987 shares. The stock is trading below their 50-day moving average by 6.34%. Shares of the Company, which through its subsidiaries, develops, manufactures, and sells various food products in China, have a Relative Strength Index (RSI) of 42.11.  

On April 17th, 2018, American Lorain announced that, as previously disclosed in its Annual Report on Form 10-K for the fiscal year ended December 31st, 2017, the Company’s audited financial statements contained a going concern explanatory paragraph in the audit opinion from its independent registered public accounting firm. This announcement does not represent any change or amendment to the Company’s consolidated financial statements or to its Annual Report on Form 10-K for the fiscal year ended December 31st, 2017. Get the full research report on ALN for free by clicking below at: www.wallstequities.com/registration/?symbol=ALN

General Mills

Shares in Minneapolis, Minnesota-based General Mills Inc. ended at $44.73, down 1.17% from the last trading session. The stock recorded a trading volume of 3.77 million shares. The Company’s shares are trading 10.22% below their 50-day moving average. Moreover, shares of General Mills, which manufactures and markets branded consumer foods in the US, have an RSI of 33.40.  

On March 21st, 2018, General Mills reported its results for Q3 ended February 25th, 2018. Net sales for Q3 FY18 were $3.88 billion, gross margin was 32.3% of net sales, and operating profit totaled $593 million. Net earnings attributable to the Company for the quarter totaled $941 million, and adjusted diluted EPS, which excludes certain items affecting comparability of results, totaled $0.79.

On March 28th, 2018, research firm Piper Jaffray reiterated its ‘Neutral’ rating on the Company’s stock with a decrease of the target price from $49 a share to $47 a share. Gain free access to the research report on GIS at: www.wallstequities.com/registration/?symbol=GIS

Nomad Foods

Feltham, the UK-based Nomad Foods Ltd’s stock ended yesterday’s session 0.36% lower at $16.68 with a total trading volume of 858,366 shares. The Company’s shares have advanced 1.83% in the past month and 46.83% over the past year. The stock is trading 2.79% and 7.27% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Nomad Foods, which manufactures and distributes frozen foods in Western Europe, have an RSI of 60.50.  

On March 22nd, 2018, Nomad Foods reported its results for the three- and twelve-month periods ended December 31st, 2017. For Q4 2017, revenue was €508 million, gross profit was €160 million, and adjusted EBITDA was €82 million. For the full year 2017, revenue was €1,957 million, gross profit was €599 million, and adjusted EBITDA was €328 million. Signing up today on Wall St. Equities will give you access to the latest report on NOMD at: www.wallstequities.com/registration/?symbol=NOMD

J.M. Smucker

On Wednesday, shares in Orrville, Ohio headquartered The J.M. Smucker Co. recorded a trading volume of 797,317 shares. The stock finished 0.31% lower at $120.18. The Company’s shares are trading above their 200-day moving average by 2.69%. Furthermore, shares of J.M. Smucker, which manufactures and markets branded food and beverage products worldwide, have an RSI of 40.61.  

On April 04th, 2018, J.M. Smucker announced the signing of a definitive agreement to acquire Ainsworth Pet Nutrition, LLC in a transaction valued at approximately $1.7 billion, after an estimated tax benefit of $200 million. The Company also announced that it will explore strategic options for its US baking business, including a potential sale. 

On April 16th, 2018, research firm Credit Suisse downgraded the Company’s stock rating from ‘Neutral’ to ‘Underperform’. Register now for today’s free coverage on SJM at: www.wallstequities.com/registration/?symbol=SJM

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third-party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@wallstequities.com
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Cision View original content:http://www.prnewswire.com/news-releases/processed–packaged-goods-stocks-research-reports-released-on-american-lorain-general-mills-nomad-foods-and-jm-smucker-300632863.html

SOURCE Wall St. Equities

Click here to read the full release with contact information on PR Newswire. Some releases are not in English.

To post and circulate your own press release on FIR and the eTN Network  please click here 

 


Comments are closed here.