FY2025 EPS Estimate for Campbell Soup Lowered by Analyst

Campbell Soup (NASDAQ:CPB) – Equities researchers at DA Davidson decreased their FY2025 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 anticipates that the company will earn $3.32 per share for the year, down from their prior estimate 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.

Several other analysts have also recently commented on the stock. Citigroup reduced their price objective on shares of Campbell Soup from $44.00 to $41.00 and set a “sell” rating for the company in a research note on Thursday, December 5th. JPMorgan Chase & Co. upped their price objective on shares of Campbell Soup from $55.00 to $57.00 and gave the company an “overweight” rating in a research note on Wednesday, September 11th. TD Cowen lifted their price target on Campbell Soup from $47.00 to $51.00 and gave the company a “hold” rating in a report on Thursday, September 12th. Wells Fargo & Company reduced their target price on shares of Campbell Soup from $51.00 to $45.00 and set an “equal weight” rating on the stock in a report on Thursday, December 5th. Finally, Sanford C. Bernstein upgraded Campbell Soup from a “market perform” rating to an “outperform” rating and raised their target price for the company from $55.00 to $58.00 in a report on Monday, October 7th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Campbell Soup has an average rating of “Hold” and an average target price of $50.92.

Campbell Soup Price Performance

Shares of CPB opened at $41.81 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.50 and a debt-to-equity ratio of 1.74. The stock’s 50 day moving average is $44.52 and its two-hundred day moving average is $46.73. The firm has a market capitalization of $12.46 billion, a PE ratio of 22.85, a P/E/G ratio of 2.96 and a beta of 0.18. Campbell Soup has a twelve month low of $40.26 and a twelve month high of $52.81.

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 given a $0.39 dividend. 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 annualized dividend and a yield of 3.73%. Campbell Soup’s dividend payout ratio is 85.25%.

Institutional Investors Weigh In On Campbell Soup

A number of hedge funds and other institutional investors have recently modified their holdings of CPB. Blair William & Co. IL lifted its holdings in Campbell Soup by 0.5% in the 2nd quarter. Blair William & Co. IL now owns 43,869 shares of the company’s stock valued at $1,982,000 after acquiring an additional 218 shares during the last quarter. Brown Lisle Cummings Inc. lifted its holdings in shares of Campbell Soup by 1.3% during the third quarter. Brown Lisle Cummings Inc. now owns 20,147 shares of the company’s stock valued at $986,000 after purchasing an additional 254 shares during the last quarter. Diversified Trust Co boosted its holdings in shares of Campbell Soup by 0.3% in the third quarter. Diversified Trust Co now owns 87,845 shares of the company’s stock worth $4,297,000 after buying an additional 283 shares during the period. V Square Quantitative Management LLC increased its position in shares of Campbell Soup by 4.0% in the third quarter. V Square Quantitative Management LLC now owns 7,538 shares of the company’s stock worth $369,000 after acquiring an additional 287 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV raised its holdings in shares of Campbell Soup by 7.4% during the third quarter. Creative Financial Designs Inc. ADV now owns 4,225 shares of the company’s stock valued at $207,000 after acquiring an additional 290 shares during the period. 52.35% of the stock is currently owned by institutional investors.

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.