Campbell's (NASDAQ:CPB) Given "Hold (C-)" Rating at Weiss Ratings

Key Points

• Weiss Ratings has restated Campbell's stock rating at "hold (C-)", while multiple analysts have adjusted their price targets, with Barclays lowering it from $35.00 to $30.00.
• Campbell's reported a EPS of $0.62 for the last quarter, exceeding analysts' expectations of $0.57, although revenue fell slightly short of projections.
• Current consensus shows three analysts rating the stock as Buy, fifteen as Hold, and five as Sell, indicating a cautious outlook for investors.

Campbell's (NASDAQ:CPB - Get Free Report)'s stock had its "hold (c-)" rating restated by research analysts at Weiss Ratings in a note issued to investors on Friday,Weiss Ratings reports.

Other equities analysts have also recently issued research reports about the company. Piper Sandler reissued a "neutral" rating and issued a $34.00 price target (down previously from $35.00) on shares of Campbell's in a research note on Thursday, August 7th. Barclays dropped their target price on shares of Campbell's from $35.00 to $30.00 and set an "underweight" rating on the stock in a research report on Monday, July 14th. Stifel Nicolaus lowered their price objective on shares of Campbell's from $38.00 to $34.00 and set a "hold" rating on the stock in a research report on Tuesday, July 29th. Bank of America lifted their price objective on shares of Campbell's from $29.00 to $30.00 and gave the stock an "underperform" rating in a research report on Thursday, September 4th. Finally, UBS Group lowered their price objective on shares of Campbell's from $33.00 to $30.00 and set a "sell" rating on the stock in a research report on Friday, August 29th. Three analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Reduce" and an average target price of $34.82.

Campbell's Price Performance

Campbell's stock traded down $0.12 during mid-day trading on Friday, hitting $30.93. The company's stock had a trading volume of 3,788,644 shares, compared to its average volume of 5,330,685. The company has a quick ratio of 0.28, a current ratio of 0.77 and a debt-to-equity ratio of 1.56. The stock has a market capitalization of $9.21 billion, a P/E ratio of 15.47, a P/E/G ratio of 10.79 and a beta of 0.02. The stock's fifty day moving average price is $32.10 and its two-hundred day moving average price is $33.20. Campbell's has a twelve month low of $29.39 and a twelve month high of $48.25.

Campbell's (NASDAQ:CPB - Get Free Report) last issued its earnings results on Wednesday, September 3rd. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.05. The business had revenue of $2.32 billion for the quarter, compared to analysts' expectations of $2.33 billion. Campbell's had a return on equity of 22.95% and a net margin of 5.87%.The company's quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm posted $3.08 EPS. Campbell's has set its FY 2026 guidance at 2.400-2.550 EPS. Research analysts forecast that Campbell's will post 3.15 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Ameritas Advisory Services LLC bought a new stake in shares of Campbell's in the 2nd quarter valued at approximately $25,000. Manchester Capital Management LLC grew its stake in shares of Campbell's by 923.2% in the 1st quarter. Manchester Capital Management LLC now owns 706 shares of the company's stock valued at $28,000 after buying an additional 637 shares in the last quarter. ORG Partners LLC grew its position in Campbell's by 77.3% in the second quarter. ORG Partners LLC now owns 906 shares of the company's stock worth $29,000 after acquiring an additional 395 shares in the last quarter. SBI Securities Co. Ltd. grew its position in Campbell's by 66.8% in the second quarter. SBI Securities Co. Ltd. now owns 961 shares of the company's stock worth $29,000 after acquiring an additional 385 shares in the last quarter. Finally, Parvin Asset Management LLC bought a new stake in Campbell's in the second quarter worth approximately $35,000. Hedge funds and other institutional investors own 52.35% of the company's stock.

About Campbell's

The Campbell's Company, formerly known as 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 instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.