FY2025 EPS Estimates for Campbell Soup Lowered by Analyst

Campbell Soup (NASDAQ:CPB - Free Report) - Equities researchers at DA Davidson dropped their FY2025 earnings per share (EPS) estimates for shares of Campbell Soup in a research report issued to clients and investors on Tuesday, December 24th. DA Davidson analyst B. Holland now expects that the company will earn $3.32 per share for the year, down from their prior forecast of $3.33. DA Davidson has a "Neutral" rating and a $51.00 price objective on the stock. The consensus estimate for Campbell Soup's current full-year earnings is $3.16 per share.

CPB has been the topic of a number of other reports. Stifel Nicolaus cut their target price on Campbell Soup from $50.00 to $47.00 and set a "hold" rating on the stock in a research note on Thursday, December 5th. Sanford C. Bernstein raised shares of Campbell Soup from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $55.00 to $58.00 in a report on Monday, October 7th. Stephens reissued an "overweight" rating on shares of Campbell Soup in a research report on Wednesday, December 4th. Citigroup reduced their target price on Campbell Soup from $44.00 to $41.00 and set a "sell" rating for the company in a report on Thursday, December 5th. Finally, Piper Sandler raised Campbell Soup from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $47.00 to $56.00 in a research report on Thursday, November 14th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $50.92.

Campbell Soup Stock Up 0.2 %

CPB traded up $0.09 during midday trading on Friday, reaching $41.81. The company's stock had a trading volume of 1,128,275 shares, compared to its average volume of 2,578,025. Campbell Soup has a 1 year low of $40.26 and a 1 year high of $52.81. The stock's 50-day moving average is $44.66 and its 200-day moving average is $46.73. The firm has a market capitalization of $12.46 billion, a price-to-earnings ratio of 22.85, a PEG ratio of 2.96 and a beta of 0.18. The company has a current ratio of 0.91, a quick ratio of 0.50 and a debt-to-equity ratio of 1.74.

Institutional Trading of Campbell Soup

Several institutional investors and hedge funds have recently modified their holdings of CPB. nVerses Capital LLC purchased a new position in Campbell Soup in the 3rd quarter worth approximately $34,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Campbell Soup in the second quarter worth $32,000. Ashton Thomas Securities LLC purchased a new position in shares of Campbell Soup in the third quarter worth $39,000. Rothschild Investment LLC purchased a new position in Campbell Soup during the second quarter valued at $44,000. Finally, Sentry Investment Management LLC bought a new stake in Campbell Soup in the 2nd quarter valued at $44,000. 52.35% of the stock is currently owned by institutional investors.

Campbell Soup Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Thursday, January 2nd will be paid a dividend of $0.39 per share. This is a boost from Campbell Soup's previous quarterly dividend of $0.37. The ex-dividend date is Thursday, January 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 3.73%. Campbell Soup's dividend payout ratio (DPR) is presently 85.25%.

About Campbell Soup

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.