About Campbell Soup Company (NYSE:CPB)
Campbell Soup Company is a food company, which manufactures and markets food products. The Company's segments include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh. The Americas Simple Meals and Beverages segment includes the retail and food service channel businesses. The segment includes the products, such as Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pasta, beans and dinner sauces; Plum food and snacks; V8 juices and beverages, and Campbell's tomato juice. The Global Biscuits and Snacks segment includes Pepperidge Farm cookies, crackers, bakery and frozen products; Arnott's biscuits, and Kelsen cookies. The Campbell Fresh segment includes Bolthouse Farms fresh carrots, carrot ingredients, refrigerated beverages and refrigerated salad dressings; Garden Fresh Gourmet salsa, hummus, dips and tortilla chips, and the United States refrigerated soup business.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Food Processing
- Sub-Industry: Packaged Foods & Meats
- Symbol: NYSE:CPB
- CUSIP: 13442910
- Web: www.campbellsoupcompany.com
- Market Cap: $13.82 billion
- Outstanding Shares: 300,528,000
- 50 Day Moving Avg: $46.66
- 200 Day Moving Avg: $52.81
- 52 Week Range: $45.00 - $64.23
Sales & Book Value:
- Trailing P/E Ratio: 15.91
- Foreward P/E Ratio: 14.55
- P/E Growth: 4.61
- Annual Revenue: $7.89 billion
- Price / Sales: 1.75
- Book Value: $5.44 per share
- Price / Book: 8.45
- Annual Dividend: $1.40
- Dividend Yield: 3.1%
- EBITDA: $2 billion
- Net Margins: 11.24%
- Return on Equity: 59.84%
- Return on Assets: 12.07%
- Debt-to-Equity Ratio: 1.52%
- Current Ratio: 0.79%
- Quick Ratio: 0.42%
- Average Volume: 2.26 million shs.
- Beta: 0.36
- Short Ratio: 5.22
Frequently Asked Questions for Campbell Soup Company (NYSE:CPB)
What is Campbell Soup Company's stock symbol?
Campbell Soup Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPB."
How often does Campbell Soup Company pay dividends? What is the dividend yield for Campbell Soup Company?
Campbell Soup Company declared a quarterly dividend on Wednesday, September 27th. Shareholders of record on Friday, October 13th will be paid a dividend of $0.35 per share on Monday, October 30th. This represents a $1.40 annualized dividend and a yield of 3.05%. The ex-dividend date of this dividend is Thursday, October 12th. View Campbell Soup Company's Dividend History.
How will Campbell Soup Company's stock buyback program work?
Campbell Soup Company declared that its board has approved a stock buyback plan on Friday, April 7th 2017, which permits the company to buyback $1,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 8.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.
How were Campbell Soup Company's earnings last quarter?
Campbell Soup Company (NYSE:CPB) issued its quarterly earnings results on Thursday, August, 31st. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.55 by $0.03. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.69 billion. Campbell Soup Company had a net margin of 11.24% and a return on equity of 59.84%. The firm's quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.46 earnings per share. View Campbell Soup Company's Earnings History.
When will Campbell Soup Company make its next earnings announcement?
What guidance has Campbell Soup Company issued on next quarter's earnings?
Campbell Soup Company updated its FY18 earnings guidance on Thursday, August, 31st. The company provided EPS guidance of $3.04 to $3.11 for the period, compared to the Thomson Reuters consensus estimate of $3.20. The company issued revenue guidance of down 0-2% to $7732.2-7890 million, compared to the consensus revenue estimate of $8.02 billion.
Where is Campbell Soup Company's stock going? Where will Campbell Soup Company's stock price be in 2017?
11 brokers have issued 12-month target prices for Campbell Soup Company's shares. Their forecasts range from $43.00 to $58.00. On average, they anticipate Campbell Soup Company's stock price to reach $51.40 in the next year. View Analyst Ratings for Campbell Soup Company.
What are analysts saying about Campbell Soup Company stock?
Here are some recent quotes from research analysts about Campbell Soup Company stock:
- 1. According to Zacks Investment Research, "Campbell Soup has lagged the industry year to date, largely due to its top line, which hasn’t witnessed year-over-year growth for quite some time now. Moreover, it has missed the Zacks Consensus Estimate for three straight quarters now. Much of this debacle could be attributed to a difficult packaged food industry landscape, where sales have been soft due to consumers changing food preferences, evolving shopping trends and a tough retail environment. These factors also hurt Campbell’s fourth-quarter fiscal 2017 results that fell short of estimates. Also, the company expects a tough operating scenario in fiscal 2018, which led to a cautious view. Nonetheless, Campbell’s solid cost savings helped it achieve EBIT and EPS growth in fiscal 2017. Also, the company is on track with its four key strategies. This is partly clear from its deal with Pacific Foods, which reflects Campbell’s focus on expanding in the organic food space." (9/4/2017)
- 2. Credit Suisse Group analysts commented, "With Model 3 rollout nearing, we assess how it will impact the company’s Advanced Driver Assist System (ADAS) and ambitions around machine learning. We believe Model 3 is critical to TSLA’s ADAS position for two reasons. First, TSLA’s ability to accelerate learning cycles related to characterizing driving behavior is facilitated by high volume rollout of Model 3, but the ability to process that data and create driving applications appears nascent and the challenge is extensive. Second, we believe leveraging consumer balance sheets for its technology development is an underappreciated aspect of the business." (5/24/2017)
- 3. Stifel Nicolaus analysts commented, "Campbell reported 2Q17 EPS of $0.91 which was up $0.04 (5%) versus the prior year which outpaced our consensus matching estimate by $0.04. The outperformance was driven by a lower tax rate ($0.05) and underlying sales remain weak with declines in each segment. With a lower tax rate and heavier savings for the year ($85 million now), the company maintained EPS guidance for the year. These tailwinds offset weaker trends at C-Fresh and softer sales growth overall. We continue with our Hold rating." (2/21/2017)
- 4. Royal Bank Of Canada analysts commented, "We are increasing our estimates and price target ahead of fiscal 2Q17 earnings to reflect a bounce-back in Chunky soup sales (up 12%) after last year's merchandising execution issues. This has led to the sequential improvement in the company's overall US sales despite a meaningful pull-back in promotional activity, which suggests gross margin upside this quarter. Given improving trends, we would not be surprised to see a step up in EPS guidance on Friday." (2/15/2017)
Who are some of Campbell Soup Company's key competitors?
Some companies that are related to Campbell Soup Company include Associated British Foods plc (ABF), Archer-Daniels-Midland Company (ADM), Kellogg Company (K), Hershey Company (The) (HSY), Conagra Brands (CAG), McCormick & Company, Incorporated (MKC), Bunge Limited (BG), Ingredion Incorporated (INGR), Darling Ingredients (DAR), B&G Foods (BGS), Central Garden & Pet Company (CENT), Cranswick plc (CWK), Greencore Group plc (GNC), MGP Ingredients (MGPI), Dean Foods Company (DF), SunOpta (STKL), Hilton Food Group plc (HFG) and Premier Foods Plc (PFD).
Who are Campbell Soup Company's key executives?
Campbell Soup Company's management team includes the folowing people:
- Denise M. Morrison, President, Chief Executive Officer, Director
- Anthony P. DiSilvestro, Chief Financial Officer, Senior Vice President
- Edward Carolan, President - Campbell Fresh
- Robert W. Morrissey, Chief Human Resource Officer, Senior Vice President
- Adam G. Ciongoli, Senior Vice President, General Counsel
- Jim Sterbenz, Senior Vice President - U.S. Sales
- Mark R. Alexander, Senior Vice President, President – Americas Simple Meals and Beverages
- Carlos J. Barroso, Senior Vice President - Global Research & Development and Quality
- Bob Furbee, Senior Vice President, Campbell Soup Company and Senior Vice President - Global Supply Chain
- Bethmara Kessler, Senior Vice President - Integrated Global Services
Who owns Campbell Soup Company stock?
Campbell Soup Company's stock is owned by many different of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (1.18%), PGGM Investments (0.22%), Shell Asset Management Co. (0.04%), Robeco Institutional Asset Management B.V. (0.04%), State Treasurer State of Michigan (0.02%) and Assenagon Asset Management S.A. (0.01%). Company insiders that own Campbell Soup Company stock include Anthony Disilvestro, Bennett Dorrance, Carlos Barroso, Charles R Perrin, Denise M Morrison, Edward Carolan, Jeff Dunn, Luca Mignini and William J O'shea. View Institutional Ownership Trends for Campbell Soup Company.
Who sold Campbell Soup Company stock? Who is selling Campbell Soup Company stock?
Campbell Soup Company's stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Moloney Securities Asset Management LLC, State Treasurer State of Michigan, Hall Capital Management Co. Inc. and Mutual of America Capital Management LLC. Company insiders that have sold Campbell Soup Company stock in the last year include Carlos Barroso and Charles R Perrin. View Insider Buying and Selling for Campbell Soup Company.
Who bought Campbell Soup Company stock? Who is buying Campbell Soup Company stock?
Campbell Soup Company's stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Shell Asset Management Co., Assenagon Asset Management S.A., PGGM Investments, CAPROCK Group Inc., Meeder Asset Management Inc., Viking Fund Management LLC and Strs Ohio. Company insiders that have bought Campbell Soup Company stock in the last two years include Bennett Dorrance and Luca Mignini. View Insider Buying and Selling for Campbell Soup Company.
How do I buy Campbell Soup Company stock?
Shares of Campbell Soup Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Campbell Soup Company's stock price today?
MarketBeat Community Rating for Campbell Soup Company (NYSE CPB)MarketBeat's community ratings are surveys of what our community members think about Campbell Soup Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Campbell Soup Company stock can currently be purchased for approximately $45.97.
Consensus Ratings for Campbell Soup Company (NYSE:CPB) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||4 Sell Ratings, 7 Hold Ratings|
|Consensus Rating:||Hold (Score: 1.64)|
|Consensus Price Target: ||$51.40 (11.81% upside)|Consensus Price Target History for Campbell Soup Company (NYSE:CPB)
Analysts' Ratings History for Campbell Soup Company (NYSE:CPB)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/13/2017||Morgan Stanley||Lower Price Target||Underweight||$47.00 -> $46.00||N/A|
|10/11/2017||Piper Jaffray Companies||Set Price Target||Hold||$50.00||N/A|
|9/3/2017||Goldman Sachs Group, Inc. (The)||Lower Price Target||Hold||$49.00 -> $45.00||Medium|
|9/3/2017||Royal Bank Of Canada||Downgrade||Underperform -> Market Perform||Medium|
|9/1/2017||Deutsche Bank AG||Reiterated Rating||Hold||$58.00 -> $51.00||Medium|
|9/1/2017||Credit Suisse Group||Reiterated Rating||Sell||$47.00 -> $43.00||Medium|
|7/25/2017||Barclays PLC||Reiterated Rating||Sell||Low|
|6/28/2017||J P Morgan Chase & Co||Reiterated Rating||Neutral||$60.00 -> $55.00||Low|
|5/23/2017||Wells Fargo & Company||Reiterated Rating||Market Perform||$62.50 -> $58.00||Medium|
|3/21/2017||Sanford C. Bernstein||Downgrade||Market Perform -> Underperform||$54.00 -> $54.00||High|
|2/21/2017||Stifel Nicolaus||Reiterated Rating||Hold -> Hold||$62.00 -> $56.00||N/A|
|9/19/2016||Argus||Downgrade||Buy -> Hold||$47.77 -> $55.38||N/A|
|9/2/2016||Bank of America Corporation||Reiterated Rating||Hold -> Neutral||N/A|
|9/2/2016||Citigroup Inc.||Lower Price Target||Neutral||$67.00 -> $63.00||N/A|
Earnings History for Campbell Soup Company (NYSE:CPB)Earnings History by Quarter for Campbell Soup Company (NYSE CPB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/31/2017||Q4 2017||$0.55||$0.52||$1.69 billion||$1.66 billion||View||N/A|
|5/19/2017||Q3 17||$0.64||$0.59||$1.87 billion||$1.85 billion||View||N/A|
|2/17/2017||Q217||$0.88||$0.91||$2.22 billion||$2.17 billion||View||Listen|
|11/22/2016||Q117||$0.95||$1.00||$2.20 billion||$2.20 billion||View||Listen|
|9/1/2016||Q416||$0.50||$0.46||$1.69 billion||$1.69 billion||View||Listen|
|5/20/2016||Q316||$0.64||$0.65||$1.91 billion||$1.87 billion||View||Listen|
|2/25/2016||Q216||$0.87||$0.87||$2.20 billion||$2.20 billion||View||Listen|
|11/24/2015||Q116||$0.76||$0.95||$2.22 billion||$2.20 billion||View||Listen|
|9/3/2015||Q415||$0.42||$0.43||$1.69 million||$1.69 million||View||Listen|
|5/22/2015||Q315||$0.52||$0.62||$1.94 billion||$1.90 billion||View||Listen|
|2/25/2015||Q215||$0.65||$0.66||$2.23 billion||$2.23 billion||View||Listen|
|11/25/2014||Q115||$0.72||$0.74||$2.22 billion||$2.26 billion||View||Listen|
|9/8/2014||Q414||$0.49||$0.49||$1.87 billion||$1.85 billion||View||Listen|
|5/19/2014||Q314||$0.59||$0.62||$2.00 billion||$1.97 billion||View||Listen|
|2/14/2014||Q214||$0.73||$0.74||$2.27 billion||$2.28 billion||View||Listen|
|11/19/2013||Q1||$0.87||$0.66||$2.29 billion||$2.17 billion||View||Listen|
|8/29/2013||Q4 2013||$0.42||$0.43||$1.84 billion||$1.72 billion||View||Listen|
|5/20/2013||Q3 2013||$0.56||$0.62||$2.04 billion||$2.09 billion||View||Listen|
|2/15/2013||Q2 2013||$0.66||$0.70||$2.32 billion||$2.33 billion||View||Listen|
|9/4/2012||Q412||$0.38||$0.41||$1.60 billion||$1.61 billion||View||N/A|
Earnings Estimates for Campbell Soup Company (NYSE:CPB)
Current Year EPS Consensus Estimate: $3.05 EPS
Next Year EPS Consensus Estimate: $3.16 EPS
Current Dividend Information for Campbell Soup Company (NYSE:CPB)
|Dividend Growth:||28.80% (3 Year Average)|
|Payout Ratio:||48.44% (Trailing 12 Months of Earnings) |
45.90% (Based on This Year's Estimates)
44.30% (Based on Next Year's Estimates)
Dividend History by Quarter for Campbell Soup Company (NYSE CPB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Campbell Soup Company (NYSE:CPB)
Insider Ownership Percentage: 37.20%Insider Trades by Quarter for Campbell Soup Company (NYSE:CPB)
Institutional Ownership Percentage: 44.65%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/6/2017||Charles R Perrin||Director||Sell||2,304||$46.46||$107,043.84|| |
|9/27/2017||Luca Mignini||Insider||Buy||4,300||$46.47||$199,821.00|| |
|3/30/2017||Bennett Dorrance||Director||Buy||915,766||$57.34||$52,510,022.44|| |
|1/4/2017||Carlos Barroso||Insider||Sell||9,130||$60.92||$556,199.60|| |
|12/21/2016||Carlos Barroso||SVP||Sell||1,000||$60.31||$60,310.00|| |
|10/3/2016||Edward Carolan||Insider||Sell||2,400||$54.35||$130,440.00|| |
|9/8/2016||Jeff Dunn||Insider||Sell||8,459||$56.24||$475,734.16|| |
|9/6/2016||Carlos Barroso||Insider||Sell||1,600||$57.68||$92,288.00|| |
|9/2/2016||William J O'shea||VP||Sell||13,000||$57.74||$750,620.00|| |
|3/4/2016||Edward Carolan||SVP||Sell||5,000||$61.93||$309,650.00|| |
|2/26/2016||Carlos Barroso||SVP||Sell||1,950||$63.07||$122,986.50|| |
|12/8/2015||Anthony Disilvestro||SVP||Sell||40,000||$53.44||$2,137,600.00|| |
|11/27/2015||Denise M Morrison||CEO||Sell||79,250||$53.07||$4,205,797.50|| |
|11/25/2015||Edward Carolan||SVP||Sell||5,000||$52.70||$263,500.00|| |
|9/14/2015||Sara Mathew||Director||Sell||10,336||$49.39||$510,495.04|| |
|9/9/2015||Carlos Barroso||SVP||Sell||1,650||$49.32||$81,378.00|| |
|9/4/2015||William J O'shea||VP||Sell||6,000||$47.80||$286,800.00|| |
|6/9/2015||Paul R Charron||Director||Sell||3,332||$46.56||$155,137.92|| |
|5/26/2015||Randall W Larrimore||Director||Sell||10,336||$47.79||$493,957.44|| |
|5/26/2015||Robert W Morrissey||SVP||Sell||2,794||$47.80||$133,553.20|| |
|12/10/2014||Bennett Dorrance||Director||Sell||12,051||$44.32||$534,100.32|| |
|12/1/2014||Luca Mignini||SVP||Sell||8,000||$44.99||$359,920.00|| |
|11/28/2014||Randall W Larrimore||Director||Sell||9,320||$45.40||$423,128.00|| |
|7/8/2014||Charlotte C Weber||Director||Sell||1,838||$46.00||$84,548.00|| |
|6/19/2014||Charlotte C Weber||Director||Sell||63,536||$46.02||$2,923,926.72|| |
|6/9/2014||Charlotte C Weber||Director||Sell||100,000||$46.17||$4,617,000.00|| |
|6/5/2014||Charles R Perrin||Director||Sell||18,450||$46.09||$850,360.50|| |
|6/2/2014||Paul R Charron||Director||Sell||6,149||$45.57||$280,209.93|| |
|5/28/2014||David Biegger||SVP||Sell||5,127||$44.68||$229,074.36|| |
|5/23/2014||Irene Chang Britt||SVP||Sell||9,906||$44.02||$436,062.12|| |
|4/29/2014||Charlotte Weber||Director||Sell||9,303||$46.00||$427,938.00|| |
|3/5/2014||A Barry Rand||Director||Sell||10,336||$43.77||$452,406.72|| |
|2/28/2014||Anthony Disilvestro||SVP||Sell||21,464||$43.23||$927,888.72|| |
|2/21/2014||Ellen Kaden||SVP||Sell||75,900||$43.78||$3,322,902.00|| |
|2/20/2014||B Craig Owens||CFO||Sell||55,000||$43.57||$2,396,350.00|| |
|12/2/2013||Edmund Carpenter||Director||Sell||18,114||$38.54||$698,113.56|| |
|11/25/2013||David White||SVP||Sell||24,473||$38.93||$952,733.89|| |
|9/13/2013||Robert Morrissey||SVP||Sell||6,425||$42.36||$272,163.00|| |
|5/24/2013||David R White||SVP||Sell||5,193||$45.61||$236,852.73|| |
|12/4/2012||Anthony Disilvestro||SVP||Sell||82,310||$36.51||$3,005,138.10|| |
|11/26/2012||David R White||SVP||Sell||123,021||$36.50||$4,490,266.50|| |
|11/26/2012||Denise M Morrison||CEO||Sell||41,400||$36.37||$1,505,718.00|| |
Headline Trends for Campbell Soup Company (NYSE:CPB)
Latest Headlines for Campbell Soup Company (NYSE:CPB)
Loading headlines, please wait.
Campbell Soup Company (CPB) Chart for Monday, October, 23, 2017