Campbell Soup (NASDAQ:CPB) Releases FY 2025 Earnings Guidance

Campbell Soup (NASDAQ:CPB - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 3.120-3.220 for the period, compared to the consensus EPS estimate of 3.190. The company issued revenue guidance of $10.5 billion-$10.7 billion, compared to the consensus revenue estimate of $10.5 billion.

Campbell Soup Stock Down 6.2 %

NASDAQ:CPB traded down $2.84 during mid-day trading on Wednesday, hitting $42.69. 6,163,668 shares of the company's stock traded hands, compared to its average volume of 2,521,642. The company has a fifty day moving average of $46.63 and a 200 day moving average of $47.03. Campbell Soup has a twelve month low of $40.18 and a twelve month high of $52.81. The company has a market capitalization of $12.71 billion, a P/E ratio of 24.09, a P/E/G ratio of 2.66 and a beta of 0.18. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.22 and a current ratio of 0.61.

Campbell Soup Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Thursday, January 2nd will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 3.65%. This is an increase from Campbell Soup's previous quarterly dividend of $0.37. Campbell Soup's dividend payout ratio is 78.31%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CPB. Stephens reissued an "overweight" rating on shares of Campbell Soup in a research report on Wednesday. Stifel Nicolaus reiterated a "hold" rating and issued a $45.00 price target on shares of Campbell Soup in a report on Tuesday, August 27th. Argus upgraded shares of Campbell Soup from a "hold" rating to a "buy" rating and set a $59.00 price target on the stock in a report on Friday, September 20th. TD Cowen increased their price objective on shares of Campbell Soup from $47.00 to $51.00 and gave the stock a "hold" rating in a research note on Thursday, September 12th. Finally, DA Davidson reiterated a "neutral" rating and issued a $51.00 price objective on shares of Campbell Soup in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $51.58.

Campbell Soup Company Profile

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.