Campbell's (NASDAQ:CPB) Stock Rating Upgraded by Zacks Research

Key Points

• Zacks Research upgraded Campbell’s from “strong sell” to “hold.”
• Analyst sentiment remains cautious: 13 analysts rate the stock “hold” and seven rate it “sell”; MarketBeat’s consensus is “reduce,” with a $19.88 target price.
• Campbell’s reported quarterly EPS of $0.39, matching estimates, while revenue of $2.14 billion fell 7.9% year over year.

Campbell's (NASDAQ:CPB - Get Free Report) was upgraded by research analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a report released on Monday, Zacks reports.

Several other equities analysts have also recently issued reports on the company. Stephens set a $20.00 target price on Campbell's in a research report on Friday, August 28th. DA Davidson reissued a "neutral" rating and issued a $20.00 price target on shares of Campbell's in a report on Tuesday, September 8th. Argus upgraded Campbell's to a "hold" rating in a research note on Wednesday, September 30th. UBS Group upped their price objective on Campbell's from $18.00 to $19.00 and gave the stock a "sell" rating in a report on Friday, September 4th. Finally, TD Cowen increased their price objective on Campbell's from $20.00 to $22.00 and gave the stock a "hold" rating in a research report on Wednesday, August 19th. Thirteen analysts have rated the stock with a Hold rating and seven have assigned a Sell rating to the company's stock. According to MarketBeat, Campbell's has a consensus rating of "Reduce" and a consensus target price of $19.88.

Campbell's Price Performance

Campbell's stock opened at $22.59 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 50 day simple moving average of $20.77 and a 200-day simple moving average of $22.38. Campbell's has a 12 month low of $18.60 and a 12 month high of $32.04. The stock has a market capitalization of $6.74 billion, a PE ratio of 17.24, a price-to-earnings-growth ratio of 2.69 and a beta of 0.06.

Campbell's (NASDAQ:CPB - Get Free Report) last posted its quarterly earnings data on Thursday, September 3rd. The company reported $0.39 earnings per share for the quarter, meeting analysts' consensus estimates of $0.39. The firm had revenue of $2.14 billion for the quarter. Campbell's had a net margin of 4.04% and a return on equity of 16.44%. The business's quarterly revenue was down 7.9% on a year-over-year basis. During the same quarter last year, the business earned $0.62 earnings per share. Campbell's has set its FY 2027 guidance at 1.650-1.800 EPS. Equities analysts predict that Campbell's will post 1.70 earnings per share for the current year.

Hedge Funds Weigh In On Campbell's

Several hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its position in Campbell's by 23.3% during the first quarter. Dimensional Fund Advisors LP now owns 10,239,231 shares of the company's stock worth $228,026,000 after purchasing an additional 1,933,814 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Campbell's during the 2nd quarter worth $79,090,000. First Trust Advisors LP boosted its position in shares of Campbell's by 35.0% in the 1st quarter. First Trust Advisors LP now owns 2,820,793 shares of the company's stock worth $62,819,000 after buying an additional 731,393 shares in the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Campbell's in the 1st quarter worth about $61,261,000. Finally, Hsbc Holdings PLC boosted its position in shares of Campbell's by 644.9% in the 1st quarter. Hsbc Holdings PLC now owns 1,864,119 shares of the company's stock worth $41,319,000 after buying an additional 1,613,873 shares in the last quarter. 52.35% of the stock is owned by hedge funds and other institutional investors.

About Campbell's

The Campbell's Company, formerly known as Campbell Soup Company, makes and markets packaged foods and beverages. Its products include soups, sauces, pasta, shelf-stable meals, snacks and beverages, sold under brands such as Campbell's, Prego, Pace, V8, Goldfish, Pepperidge Farm and Snyder's of Hanover. Founded in 1869, the company became known for popularizing condensed soup. Today, it serves consumers primarily in the United States and Canada, with products also sold in other markets. Campbell's is led by President and Chief Executive Officer Mick Beekhuizen, who assumed the role in 2025.

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