Zacks Research Forecasts Weaker Earnings for Campbell's

Key Points

• Analysts at Zacks Research have reduced their FY2026 earnings per share (EPS) estimate for Campbell's to $2.46, down from $2.90, while the current consensus estimate stands at $3.15 per share.
• Campbell's reported a quarterly EPS of $0.62, beating analysts' expectations, despite revenues of $2.32 billion slightly missing the forecast of $2.33 billion.
• The company announced a quarterly dividend of $0.39 per share, resulting in an annualized dividend yield of 4.6%, with a payout ratio of 78.00%.

The Campbell's Company (NASDAQ:CPB - Free Report) - Analysts at Zacks Research decreased their FY2026 EPS estimates for Campbell's in a research note issued on Wednesday, September 17th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $2.46 for the year, down from their prior forecast of $2.90. The consensus estimate for Campbell's' current full-year earnings is $3.15 per share.

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. Campbell's had a net margin of 5.87% and a return on equity of 22.95%. The firm had revenue of $2.32 billion for the quarter, compared to analysts' expectations of $2.33 billion. During the same quarter last year, the company posted $3.08 earnings per share. Campbell's's revenue was up 1.2% on a year-over-year basis. Campbell's has set its FY 2026 guidance at 2.400-2.550 EPS.

CPB has been the topic of a number of other research reports. Sanford C. Bernstein raised their target price on shares of Campbell's from $38.00 to $39.00 and gave the stock an "outperform" rating in a report on Thursday, September 4th. Argus cut shares of Campbell's from a "buy" rating to a "hold" rating in a report on Friday, June 20th. Citigroup cut their price target on Campbell's from $33.00 to $32.00 and set a "sell" rating on the stock in a report on Tuesday, June 3rd. Bank of America lifted their price target on Campbell's from $29.00 to $30.00 and gave the company an "underperform" rating in a report on Thursday, September 4th. Finally, Morgan Stanley lifted their price target on Campbell's from $32.00 to $33.00 and gave the company an "equal weight" rating in a report on Friday, September 5th. Three equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average price target of $34.71.

Campbell's Stock Performance

NASDAQ CPB traded down $0.14 during trading hours on Friday, reaching $33.43. The company's stock had a trading volume of 14,259,852 shares, compared to its average volume of 7,164,762. The company has a current ratio of 0.77, a quick ratio of 0.33 and a debt-to-equity ratio of 1.56. The business has a 50-day simple moving average of $32.47 and a 200 day simple moving average of $34.51. Campbell's has a 52 week low of $29.39 and a 52 week high of $51.74. The stock has a market cap of $9.97 billion, a PE ratio of 16.72, a PEG ratio of 11.62 and a beta of 0.05.

Campbell's Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Thursday, October 2nd will be given a $0.39 dividend. The ex-dividend date is Thursday, October 2nd. This represents a $1.56 annualized dividend and a yield of 4.7%. Campbell's's payout ratio is 78.00%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. World Investment Advisors acquired a new position in Campbell's in the first quarter worth approximately $410,000. Teacher Retirement System of Texas acquired a new position in Campbell's in the first quarter worth approximately $1,131,000. KBC Group NV grew its position in Campbell's by 182.0% in the first quarter. KBC Group NV now owns 498,216 shares of the company's stock worth $19,889,000 after buying an additional 321,520 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Campbell's by 13.2% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 25,865 shares of the company's stock worth $1,027,000 after buying an additional 3,010 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in Campbell's by 24.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 13,366 shares of the company's stock worth $534,000 after buying an additional 2,614 shares during the last quarter. Institutional investors and hedge funds own 52.35% of the company's stock.

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.