The Campbell’s Company (NASDAQ:CPB) Receives $19.94 Consensus Target Price from Analysts

Shares of The Campbell’s Company (NASDAQ:CPB) have earned an average recommendation of “Reduce” from the nineteen brokerages that are covering the firm, Marketbeat reports. Six analysts have rated the stock with a sell recommendation and thirteen have issued a hold recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $19.9375.

A number of research firms recently commented on CPB. BTIG Research reaffirmed a “neutral” rating on shares of Campbell’s in a research report on Friday, September 4th. UBS Group boosted their price objective on shares of Campbell’s from $18.00 to $19.00 and gave the company a “sell” rating in a report on Friday, September 4th. Bank of America lowered their target price on shares of Campbell’s from $20.00 to $18.00 and set an “underperform” rating on the stock in a report on Tuesday, June 9th. DA Davidson reiterated a “neutral” rating and issued a $20.00 price target on shares of Campbell’s in a research report on Tuesday. Finally, JPMorgan Chase & Co. lifted their price target on shares of Campbell’s from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Tuesday, August 18th.

Institutional Trading of Campbell’s

A number of institutional investors have recently modified their holdings of CPB. Public Employees Retirement System of Ohio increased its position in shares of Campbell’s by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 60,571 shares of the company’s stock worth $1,913,000 after purchasing an additional 376 shares during the period. Steward Partners Investment Advisory LLC grew its stake in Campbell’s by 8.1% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,099 shares of the company’s stock worth $142,000 after buying an additional 380 shares in the last quarter. New England Asset Management Inc. grew its stake in Campbell’s by 0.6% during the third quarter. New England Asset Management Inc. now owns 65,365 shares of the company’s stock worth $2,064,000 after buying an additional 380 shares in the last quarter. Horizon Investments LLC grew its stake in Campbell’s by 10.2% during the fourth quarter. Horizon Investments LLC now owns 4,228 shares of the company’s stock worth $116,000 after buying an additional 390 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in Campbell’s by 0.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 90,311 shares of the company’s stock valued at $2,517,000 after buying an additional 440 shares during the period. 52.35% of the stock is currently owned by institutional investors.

Campbell’s Stock Performance

CPB opened at $21.88 on Monday. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.82 and a quick ratio of 0.33. The business has a fifty day simple moving average of $22.65 and a 200 day simple moving average of $22.18. Campbell’s has a 1 year low of $19.56 and a 1 year high of $34.17. The company has a market capitalization of $6.52 billion, a PE ratio of 16.70, a price-to-earnings-growth ratio of 2.49 and a beta of 0.03.

Campbell’s (NASDAQ:CPB) last posted its quarterly earnings data on Thursday, September 3rd. The company reported $0.39 earnings per share for the quarter, hitting the consensus estimate of $0.39. The firm had revenue of $2.14 billion for the quarter. Campbell’s had a return on equity of 16.44% and a net margin of 4.04%.The firm’s quarterly revenue was down 7.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.62 EPS. Campbell’s has set its FY 2027 guidance at 1.650-1.800 EPS. Research analysts expect that Campbell’s will post 1.75 EPS for the current year.

Campbell’s Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 1st will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Thursday, October 1st. Campbell’s’s dividend payout ratio (DPR) is 76.34%.

Campbell’s Company Profile

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.