The Campbell's Company (NASDAQ:CPB) Given Average Recommendation of "Reduce" by Analysts

Key Points

• The Campbell's Company has an average analyst rating of "Reduce," with five sell recommendations, twelve hold, and three buy recommendations.
• Several brokerages, including Morgan Stanley and Citigroup, have lowered their target prices for Campbell's stock, reflecting a pessimistic outlook.
• Despite a challenging market environment, Campbell's recently reported earnings of $0.73 per share, exceeding expectations and reflecting a year-over-year revenue increase of 4.5%.

The Campbell's Company (NASDAQ:CPB - Get Free Report) has earned an average rating of "Reduce" from the twenty analysts that are covering the firm, Marketbeat reports. Five research analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $38.4444.

Several brokerages have issued reports on CPB. Morgan Stanley decreased their target price on shares of Campbell's from $35.00 to $32.00 and set an "equal weight" rating for the company in a report on Monday, August 18th. Argus cut shares of Campbell's from a "buy" rating to a "hold" rating in a report on Friday, June 20th. Citigroup decreased their target price on shares of Campbell's from $33.00 to $32.00 and set a "sell" rating for the company in a report on Tuesday, June 3rd. Stephens reduced their price target on shares of Campbell's from $48.00 to $43.00 in a research note on Wednesday, May 28th. Finally, Jefferies Financial Group decreased their price objective on shares of Campbell's from $40.00 to $37.00 and set a "buy" rating for the company in a report on Wednesday, May 21st.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CPB. Ameritas Advisory Services LLC purchased a new position in shares of Campbell's during the second quarter valued at approximately $25,000. Manchester Capital Management LLC increased its position in shares of Campbell's by 923.2% during the 1st quarter. Manchester Capital Management LLC now owns 706 shares of the company's stock valued at $28,000 after purchasing an additional 637 shares during the last quarter. ORG Partners LLC increased its position in shares of Campbell's by 77.3% during the 2nd quarter. ORG Partners LLC now owns 906 shares of the company's stock valued at $29,000 after purchasing an additional 395 shares during the last quarter. SBI Securities Co. Ltd. increased its position in shares of Campbell's by 66.8% during the 2nd quarter. SBI Securities Co. Ltd. now owns 961 shares of the company's stock valued at $29,000 after purchasing an additional 385 shares during the last quarter. Finally, NBC Securities Inc. purchased a new stake in shares of Campbell's during the 1st quarter valued at about $31,000. 52.35% of the stock is owned by hedge funds and other institutional investors.

Campbell's Stock Up 0.4%

Shares of Campbell's stock opened at $32.09 on Thursday. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.33 and a current ratio of 0.78. The stock has a market capitalization of $9.57 billion, a PE ratio of 21.25, a price-to-earnings-growth ratio of 10.42 and a beta of 0.08. Campbell's has a 52-week low of $29.39 and a 52-week high of $52.81. The company has a 50-day simple moving average of $31.87 and a two-hundred day simple moving average of $35.29.

Campbell's (NASDAQ:CPB - Get Free Report) last issued its earnings results on Monday, June 2nd. The company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.08. The business had revenue of $2.48 billion during the quarter, compared to analysts' expectations of $2.44 billion. Campbell's had a net margin of 4.44% and a return on equity of 23.22%. The business's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.75 earnings per share. Campbell's has set its FY 2025 guidance at 2.950-2.950 EPS. On average, analysts anticipate that Campbell's will post 3.15 EPS for the current fiscal year.

Campbell's Company Profile

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.

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