Zacks Research Decreases Earnings Estimates for Campbell's

Key Points

• Zacks Research has lowered its Q1 2026 EPS estimate for Campbell's from $0.88 to $0.73, reflecting a reduction in projected earnings for the coming quarter.
• In its recent earnings report, Campbell's posted $0.62 EPS, exceeding analyst expectations, but its revenue fell short at $2.32 billion against a forecast of $2.33 billion.
• The company announced a quarterly dividend of $0.39 per share, yielding approximately 4.7%, with an ex-dividend date set for October 2nd.

The Campbell's Company (NASDAQ:CPB - Free Report) - Equities research analysts at Zacks Research lowered their Q1 2026 earnings per share (EPS) estimates for shares of Campbell's in a research note issued to investors on Wednesday, September 17th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.73 for the quarter, down from their prior forecast of $0.88. The consensus estimate for Campbell's' current full-year earnings is $3.15 per share. Zacks Research also issued estimates for Campbell's' Q2 2026 earnings at $0.64 EPS, Q3 2026 earnings at $0.58 EPS, Q4 2026 earnings at $0.50 EPS, Q1 2027 earnings at $0.79 EPS, Q2 2027 earnings at $0.70 EPS, Q3 2027 earnings at $0.64 EPS, Q4 2027 earnings at $0.53 EPS, FY2027 earnings at $2.66 EPS and FY2028 earnings at $2.75 EPS.

CPB has been the subject of several other reports. Argus cut Campbell's from a "buy" rating to a "hold" rating in a report on Friday, June 20th. Wells Fargo & Company reduced their price objective on Campbell's from $34.00 to $32.00 and set an "equal weight" rating for the company in a report on Wednesday, July 9th. Royal Bank Of Canada dropped their price target on Campbell's from $44.00 to $38.00 and set a "sector perform" rating for the company in a research report on Tuesday, June 3rd. Citigroup dropped their price target on Campbell's from $33.00 to $32.00 and set a "sell" rating for the company in a research report on Tuesday, June 3rd. Finally, Stephens dropped their price target on Campbell's from $48.00 to $43.00 in a research report on Wednesday, May 28th. Three research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and five have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Reduce" and a consensus target price of $34.71.

Campbell's Stock Performance

Campbell's stock traded down $0.14 during mid-day trading on Thursday, reaching $33.43. 14,259,852 shares of the company were exchanged, compared to its average volume of 7,164,762. Campbell's has a twelve month low of $29.39 and a twelve month high of $51.74. The firm's 50-day simple moving average is $32.47 and its two-hundred day simple moving average is $34.51. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.33 and a current ratio of 0.77. The firm has a market cap of $9.97 billion, a PE ratio of 16.72, a price-to-earnings-growth ratio of 11.62 and a beta of 0.05.

Campbell's (NASDAQ:CPB - Get Free Report) last released its quarterly earnings data on Wednesday, September 3rd. The company reported $0.62 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.05. The business had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.33 billion. Campbell's had a return on equity of 22.95% and a net margin of 5.87%.The business's revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.08 EPS. Campbell's has set its FY 2026 guidance at 2.400-2.550 EPS.

Institutional Investors Weigh In On Campbell's

Several large investors have recently modified their holdings of the stock. Osaic Holdings Inc. boosted its stake in shares of Campbell's by 13.0% during the 2nd quarter. Osaic Holdings Inc. now owns 45,391 shares of the company's stock worth $1,406,000 after acquiring an additional 5,223 shares in the last quarter. Orion Porfolio Solutions LLC purchased a new stake in shares of Campbell's in the second quarter valued at $245,000. MASTERINVEST Kapitalanlage GmbH purchased a new stake in shares of Campbell's in the second quarter valued at $1,127,000. Advisory Services Network LLC lifted its holdings in shares of Campbell's by 344.5% in the second quarter. Advisory Services Network LLC now owns 29,853 shares of the company's stock valued at $953,000 after purchasing an additional 23,137 shares in the last quarter. Finally, State of Wyoming purchased a new stake in shares of Campbell's in the second quarter valued at $85,000. 52.35% of the stock is owned by institutional investors.

Campbell's Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Thursday, October 2nd will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, October 2nd. This represents a $1.56 annualized dividend and a dividend yield of 4.7%. Campbell's's dividend payout ratio (DPR) is currently 78.00%.

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.