Campbell Soup (NASDAQ:CPB) Releases FY25 Earnings Guidance

Campbell Soup (NASDAQ:CPB) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $2.95-$3.05 for the period, compared to the consensus earnings per share estimate of $3.13. The company issued revenue guidance of $10.21-$10.40 billion, compared to the consensus revenue estimate of $10.46 billion. Campbell Soup also updated its FY 2025 guidance to 2.950-3.050 EPS.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on CPB shares. Piper Sandler raised Campbell Soup from a “neutral” rating to an “overweight” rating and raised their price target for the company from $47.00 to $56.00 in a report on Thursday, November 14th. BNP Paribas upgraded shares of Campbell Soup to a “strong sell” rating in a research report on Wednesday, February 26th. Bank of America decreased their price target on shares of Campbell Soup from $45.00 to $41.00 and set an “underperform” rating on the stock in a report on Thursday. Wells Fargo & Company dropped their price objective on shares of Campbell Soup from $45.00 to $43.00 and set an “equal weight” rating for the company in a report on Tuesday, January 7th. Finally, Barclays reduced their target price on Campbell Soup from $49.00 to $46.00 and set an “underweight” rating on the stock in a research note on Friday, December 6th. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $47.36.

Campbell Soup Price Performance

Shares of Campbell Soup stock opened at $39.18 on Thursday. The firm has a market cap of $11.68 billion, a PE ratio of 21.41, a price-to-earnings-growth ratio of 2.71 and a beta of 0.19. The company’s fifty day simple moving average is $39.43 and its two-hundred day simple moving average is $44.39. The company has a quick ratio of 0.50, a current ratio of 0.91 and a debt-to-equity ratio of 1.74. Campbell Soup has a 12-month low of $36.92 and a 12-month high of $52.81.

Campbell Soup (NASDAQ:CPB) last announced its quarterly earnings results on Wednesday, March 5th. The company reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. The company had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.74 billion. Campbell Soup had a return on equity of 23.79% and a net margin of 5.57%. The business’s quarterly revenue was up 9.3% on a year-over-year basis. As a group, equities analysts expect that Campbell Soup will post 3.15 EPS for the current year.

Campbell Soup Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Thursday, April 3rd will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.98%. The ex-dividend date of this dividend is Thursday, April 3rd. Campbell Soup’s dividend payout ratio (DPR) is currently 85.25%.

Insiders Place Their Bets

In other news, EVP Anthony Sanzio sold 2,000 shares of the stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $41.90, for a total value of $83,800.00. Following the completion of the transaction, the executive vice president now owns 16,551 shares of the company’s stock, valued at approximately $693,486.90. This represents a 10.78 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 20.19% of the company’s stock.

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.