Brokerages Set The Campbell’s Company (NASDAQ:CPB) PT at $21.88

Shares of The Campbell’s Company (NASDAQ:CPBGet Free Report) have been given an average rating of “Reduce” by the twenty analysts that are presently covering the company, Marketbeat reports. Eight research analysts have rated the stock with a sell recommendation and twelve have assigned a hold recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $21.8750.

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company lowered shares of Campbell’s from an “equal weight” rating to an “underweight” rating and reduced their target price for the stock from $20.00 to $18.00 in a research note on Wednesday, April 8th. BNP Paribas Exane reduced their target price on shares of Campbell’s from $22.00 to $19.00 and set an “underperform” rating for the company in a research note on Thursday, April 9th. Zacks Research lowered shares of Campbell’s from a “hold” rating to a “strong sell” rating in a research note on Wednesday, June 10th. DA Davidson reduced their target price on shares of Campbell’s from $30.00 to $20.00 and set a “neutral” rating for the company in a research note on Friday, May 22nd. Finally, Stifel Nicolaus reduced their target price on shares of Campbell’s from $25.00 to $20.00 and set a “hold” rating for the company in a research note on Tuesday, April 21st.

Check Out Our Latest Report on Campbell’s

Institutional Investors Weigh In On Campbell’s

Several institutional investors and hedge funds have recently added to or reduced their stakes in CPB. Stance Capital LLC bought a new stake in Campbell’s during the 3rd quarter worth about $27,000. Flagship Harbor Advisors LLC bought a new stake in Campbell’s during the 4th quarter worth about $29,000. Sittner & Nelson LLC bought a new stake in Campbell’s during the 4th quarter worth about $29,000. Los Angeles Capital Management LLC bought a new stake in Campbell’s during the 4th quarter worth about $29,000. Finally, Ankerstar Wealth LLC bought a new stake in Campbell’s during the 4th quarter worth about $29,000. 52.35% of the stock is owned by institutional investors.

Campbell’s Price Performance

Shares of NASDAQ CPB opened at $22.27 on Wednesday. The firm has a market cap of $6.64 billion, a PE ratio of 11.02 and a beta of 0.02. The company has a current ratio of 0.87, a quick ratio of 0.38 and a debt-to-equity ratio of 1.53. Campbell’s has a 1-year low of $19.56 and a 1-year high of $34.17. The company has a fifty day moving average price of $21.13 and a 200 day moving average price of $23.98.

Campbell’s (NASDAQ:CPBGet Free Report) last announced its earnings results on Monday, June 8th. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. The firm had revenue of $2.37 billion during the quarter. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. Campbell’s’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.22 earnings per share. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Research analysts predict that Campbell’s will post 2.18 earnings per share for the current fiscal year.

Campbell’s Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Thursday, July 2nd will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $1.56 annualized dividend and a yield of 7.0%. Campbell’s’s payout ratio is 77.23%.

About Campbell’s

(Get Free Report)

Campbell’s (NASDAQ: CPB) is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell’s has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.

The company’s brand portfolio includes Campbell’s Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.

Read More

Analyst Recommendations for Campbell's (NASDAQ:CPB)

Receive News & Ratings for Campbell's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Campbell's and related companies with MarketBeat.com's FREE daily email newsletter.