Campbell’s (NASDAQ:CPB – Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 2.950-2.950 for the period, compared to the consensus EPS estimate of 2.980. The company issued revenue guidance of $10.2 billion-$10.4 billion, compared to the consensus revenue estimate of $10.3 billion.
Campbell’s Stock Performance
Shares of NASDAQ CPB opened at $34.17 on Monday. The company has a quick ratio of 0.50, a current ratio of 0.91 and a debt-to-equity ratio of 1.74. The stock’s 50 day moving average price is $36.62 and its two-hundred day moving average price is $39.27. Campbell’s has a 52-week low of $32.95 and a 52-week high of $52.81. The stock has a market capitalization of $10.19 billion, a P/E ratio of 18.67, a PEG ratio of 2.71 and a beta of 0.14.
Campbell’s (NASDAQ:CPB – Get Free Report) last issued its quarterly earnings results on Monday, June 2nd. The company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.08. Campbell’s had a return on equity of 23.79% and a net margin of 5.57%. During the same period in the prior year, the business posted $0.75 earnings per share. On average, analysts anticipate that Campbell’s will post 3.15 earnings per share for the current fiscal year.
Campbell’s Announces Dividend
Analysts Set New Price Targets
Several research firms have recently commented on CPB. DA Davidson decreased their price target on shares of Campbell’s from $46.00 to $39.00 and set a “neutral” rating for the company in a report on Tuesday, March 11th. BNP Paribas upgraded Campbell’s to a “strong sell” rating in a research note on Wednesday, February 26th. Citigroup lowered their target price on Campbell’s from $37.00 to $33.00 and set a “sell” rating for the company in a report on Monday, May 19th. Morgan Stanley initiated coverage on Campbell’s in a report on Monday, March 24th. They issued an “equal weight” rating and a $40.00 price target on the stock. Finally, UBS Group initiated coverage on Campbell’s in a research report on Wednesday, April 23rd. They set a “sell” rating and a $36.00 price objective for the company. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Campbell’s currently has an average rating of “Hold” and an average target price of $42.40.
Insider Transactions at Campbell’s
In other Campbell’s news, EVP Charles A. Brawley III sold 2,498 shares of the business’s stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $40.03, for a total transaction of $99,994.94. Following the sale, the executive vice president now directly owns 37,590 shares in the company, valued at approximately $1,504,727.70. The trade was a 6.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 20.19% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in CPB. Goldman Sachs Group Inc. lifted its position in Campbell’s by 4.3% in the first quarter. Goldman Sachs Group Inc. now owns 660,543 shares of the company’s stock worth $26,369,000 after purchasing an additional 27,374 shares during the period. Empowered Funds LLC bought a new stake in shares of Campbell’s in the 1st quarter worth $446,000. Woodline Partners LP raised its stake in shares of Campbell’s by 40.9% in the 1st quarter. Woodline Partners LP now owns 16,623 shares of the company’s stock worth $664,000 after buying an additional 4,827 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Campbell’s by 333.3% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after buying an additional 750 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Campbell’s by 3.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,472 shares of the company’s stock valued at $777,000 after buying an additional 685 shares in the last quarter. 52.35% of the stock is currently owned by institutional investors.
Campbell’s Company Profile
The Campbell’s Company, formerly known as Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.
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