Campbell Soup Co. (NYSE:CPB) is set to post its Q117 quarterly earnings results on Tuesday, November 22nd. Analysts expect Campbell Soup to post earnings of $0.95 per share and revenue of $2.20 billion for the quarter. Campbell Soup has set its FY17 guidance at $3.00-3.09 EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.

Campbell Soup (NYSE:CPB) last announced its quarterly earnings data on Thursday, September 1st. The company reported $0.46 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by $0.04. The company had revenue of $1.69 billion for the quarter, compared to analyst estimates of $1.69 billion. Campbell Soup had a return on equity of 59.50% and a net margin of 7.07%. Campbell Soup’s revenue was down .4% on a year-over-year basis. During the same period in the prior year, the business earned $0.43 earnings per share. On average, analysts expect Campbell Soup to post $3.04 EPS for the current fiscal year and $3.18 EPS for the next fiscal year.

Earnings History for Campbell Soup (NYSE:CPB)

Campbell Soup Co. (NYSE:CPB) opened at 54.22 on Friday. The firm’s 50-day moving average is $53.94 and its 200 day moving average is $59.64. The firm has a market capitalization of $16.69 billion, a price-to-earnings ratio of 29.96 and a beta of 0.40. Campbell Soup Co. has a one year low of $48.74 and a one year high of $67.89.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 30th. Investors of record on Wednesday, January 11th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.58%. The ex-dividend date of this dividend is Monday, January 9th. Campbell Soup’s payout ratio is presently 77.78%.

A number of research analysts recently commented on the stock. Wells Fargo & Co. set a $59.50 price objective on shares of Campbell Soup and gave the company a “hold” rating in a research report on Sunday, September 4th. Zacks Investment Research downgraded shares of Campbell Soup from a “hold” rating to a “sell” rating in a research report on Tuesday, July 26th. TheStreet downgraded shares of Campbell Soup from a “buy” rating to a “hold” rating in a research report on Thursday, September 1st. Credit Suisse Group AG reissued a “sell” rating and issued a $60.00 target price on shares of Campbell Soup in a research report on Thursday, July 28th. Finally, Bank of America Corp. reissued a “neutral” rating on shares of Campbell Soup in a research report on Friday, September 2nd. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $59.83.

In other Campbell Soup news, insider Edward Carolan sold 2,400 shares of the business’s stock in a transaction on Monday, October 3rd. The shares were sold at an average price of $54.35, for a total value of $130,440.00. Following the sale, the insider now owns 49,038 shares of the company’s stock, valued at approximately $2,665,215.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, VP William J. O’shea sold 13,000 shares of the business’s stock in a transaction on Friday, September 2nd. The shares were sold at an average price of $57.74, for a total transaction of $750,620.00. Following the completion of the sale, the vice president now directly owns 28,952 shares in the company, valued at approximately $1,671,688.48. The disclosure for this sale can be found here. Corporate insiders own 37.30% of the company’s stock.

Large investors have recently made changes to their positions in the stock. Frontier Wealth Management LLC raised its stake in shares of Campbell Soup by 0.8% in the second quarter. Frontier Wealth Management LLC now owns 4,486 shares of the company’s stock valued at $298,000 after buying an additional 36 shares during the period. Profund Advisors LLC raised its stake in shares of Campbell Soup by 1.1% in the third quarter. Profund Advisors LLC now owns 5,165 shares of the company’s stock valued at $283,000 after buying an additional 56 shares during the period. Mackenzie Financial Corp raised its stake in shares of Campbell Soup by 1.3% in the third quarter. Mackenzie Financial Corp now owns 11,581 shares of the company’s stock valued at $633,000 after buying an additional 153 shares during the period. Bank of Nova Scotia raised its stake in shares of Campbell Soup by 6.8% in the second quarter. Bank of Nova Scotia now owns 3,592 shares of the company’s stock valued at $239,000 after buying an additional 230 shares during the period. Finally, Ameritas Investment Partners Inc. raised its stake in shares of Campbell Soup by 7.0% in the second quarter. Ameritas Investment Partners Inc. now owns 3,745 shares of the company’s stock valued at $249,000 after buying an additional 244 shares during the period. 42.79% of the stock is currently owned by hedge funds and other institutional investors.

Campbell Soup Company Profile

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.

5 Day Chart for NYSE:CPB

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