Free Trial
NASDAQ:CPB

Campbell Soup (CPB) Stock Price, News & Analysis

$51.08
-0.44 (-0.85%)
(As of 09/18/2024 ET)

About Campbell Soup Stock (NASDAQ:CPB)

Key Stats

Today's Range
$50.97
$51.91
50-Day Range
$45.33
$51.89
52-Week Range
$37.94
$52.81
Volume
2.46 million shs
Average Volume
2.63 million shs
Market Capitalization
$15.25 billion
P/E Ratio
20.68
Dividend Yield
2.90%
Price Target
$48.92
Consensus Rating
Hold

Company Overview

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. This segment provides Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Pacific Foods broth, soups, and non-dairy beverages; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pasta, beans, and dinner sauces; Swanson canned poultry; V8 juices and beverages; Campbell's tomato juice; and snacking products in foodservice in Canada. The Snacks segment retails Pepperidge Farm cookies, crackers, fresh bakery, and frozen products, that includes Goldfish crackers, Snyder's of Hanover pretzels, Lance sandwich crackers, Cape Cod and Kettle Brand potato chips, Late July snacks, Snack Factory pretzel crisps, Pop Secret popcorn, and other snacking products. This segment is also involved in the retail business in Latin America. It sells its products through retail food chains, mass discounters and merchandisers, club stores, convenience stores, drug stores, and dollar stores, as well as e-commerce and other retail, commercial, and non-commercial establishments, and independent contractor distributors. The company was founded in 1869 and is headquartered in Camden, New Jersey.

Campbell Soup Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 69th Percentile

Campbell Soup scored higher than 69% of companies evaluated by MarketBeat, and ranked 72nd out of 149 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Campbell Soup has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on 3 buy ratings, 7 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Campbell Soup has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Campbell Soup's stock forecast and price target.
  • Earnings Growth

    Earnings for Campbell Soup are expected to grow by 6.60% in the coming year, from $3.18 to $3.39 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Campbell Soup is 20.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.53.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Campbell Soup is 20.68, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 22.33.

  • Price to Earnings Growth Ratio

    Campbell Soup has a PEG Ratio of 3.09. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Campbell Soup has a P/B Ratio of 4.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Campbell Soup's valuation and earnings.
  • Percentage of Shares Shorted

    9.14% of the float of Campbell Soup has been sold short.
  • Short Interest Ratio / Days to Cover

    Campbell Soup has a short interest ratio ("days to cover") of 6.7.
  • Change versus previous month

    Short interest in Campbell Soup has recently decreased by 5.56%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Campbell Soup pays a meaningful dividend of 2.97%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Campbell Soup does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Campbell Soup is 59.92%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Campbell Soup will have a dividend payout ratio of 43.66% next year. This indicates that Campbell Soup will be able to sustain or increase its dividend.

  • Read more about Campbell Soup's dividend.
  • Percentage of Shares Shorted

    9.14% of the float of Campbell Soup has been sold short.
  • Short Interest Ratio / Days to Cover

    Campbell Soup has a short interest ratio ("days to cover") of 6.7.
  • Change versus previous month

    Short interest in Campbell Soup has recently decreased by 5.56%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Campbell Soup has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 22 news articles for Campbell Soup this week, compared to 9 articles on an average week.
  • Search Interest

    12 people have searched for CPB on MarketBeat in the last 30 days. This is an increase of 71% compared to the previous 30 days.
  • MarketBeat Follows

    13 people have added Campbell Soup to their MarketBeat watchlist in the last 30 days. This is an increase of 160% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Campbell Soup insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    20.64% of the stock of Campbell Soup is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    52.35% of the stock of Campbell Soup is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Campbell Soup's insider trading history.
Receive CPB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Campbell Soup and its competitors with MarketBeat's FREE daily newsletter.

CPB Stock News Headlines

Cans of Campbell's soup are displayed in a supermarket on March 25, 2021, in New York
Campbell wants to say goodbye to the 'soup' in its name. It isn't the first to make such a change
Campbell is ready to drop the soup — at least from its official name
MarketBeat Week in Review – 9/2 - 9/6 (CPB)
The jobs report did nothing to change the market’s storyline; investors are waiting on the extent of rate cuts and what they say about a possible recession
This diversified cannabis pioneer could make huge moves soon
The cannabis industry seems deeply saturated, so how do you know where to best invest your money? Let’s start with diversification and experience. Founded in 2005, this company serves a diverse and expansive customer base with more than 8,000 retail locations, including licensed cannabis dispensaries, smoke shops, and specialty retailers.
Grovetown, Ga USA 05 21 22: Retail store Campbell's soup variety and price tags
Don’t Overlook Campbell Soup: Here’s What Could Drive Its Stock
Campbell Soup has been a steady performer in 2024. The addition of a new market-leading and fast-growing product is going a long way.
Campbell Soup (NASDAQ:CPB) Given New $49.00 Price Target at Barclays
Brokerages Set Campbell Soup (NASDAQ:CPB) Target Price at $48.18
See More Headlines

CPB Stock Analysis - Frequently Asked Questions

Campbell Soup's stock was trading at $43.23 at the beginning of 2024. Since then, CPB shares have increased by 18.2% and is now trading at $51.08.
View the best growth stocks for 2024 here
.

Campbell Soup (NASDAQ:CPB) posted its quarterly earnings results on Thursday, August, 29th. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.01. The business's revenue was up 10.9% compared to the same quarter last year.
Read the conference call transcript
.

Campbell Soup subsidiaries include Snyder's-Lance, Pacific Foods, Pacific Foods of Oregon LLC, Garden Fresh Gourmet, Kelsen, Plum, Bolthouse Farms, and others.

Campbell Soup's top institutional shareholders include Van ECK Associates Corp (2.92%), Bank of New York Mellon Corp (1.11%), Renaissance Technologies LLC (1.11%) and Dimensional Fund Advisors LP (0.96%). Insiders that own company stock include Adam G Ciongoli, Stanley Polomski, Craig Slavtcheff and Anthony Sanzio.
View institutional ownership trends
.

Shares of CPB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Ex-Dividend for 7/29 Dividend
7/03/2024
Dividend Payable
7/29/2024
Last Earnings
8/29/2024
Today
9/18/2024
Next Earnings (Estimated)
12/04/2024
Fiscal Year End
7/31/2025

Industry, Sector and Symbol

Industry
Food & kindred products
Sub-Industry
Packaged Foods & Meats
Current Symbol
NASDAQ:CPB
CUSIP
13442910
Employees
14,500
Year Founded
1869

Price Target and Rating

Average Stock Price Target
$48.92
High Stock Price Target
$57.00
Low Stock Price Target
$42.00
Potential Upside/Downside
-4.2%
Consensus Rating
Hold
Rating Score (0-4)
2.08
Research Coverage
12 Analysts

Profitability

Net Income
$567 million
Pretax Margin
7.86%

Debt

Sales & Book Value

Annual Sales
$9.64 billion
Cash Flow
$4.71 per share
Book Value
$12.72 per share

Miscellaneous

Free Float
236,932,000
Market Cap
$15.25 billion
Optionable
Optionable
Beta
0.18

Social Links

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.

Get This Free Report

This page (NASDAQ:CPB) was last updated on 9/19/2024 by MarketBeat.com Staff
From Our Partners