Campbell Soup (CPB) Earns Daily Media Sentiment Rating of 0.11
News coverage about Campbell Soup (NYSE:CPB) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Campbell Soup earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.2873938894426 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- CEOs under fire to dump Trump (money.cnn.com)
- We asked the CEOs on Trump's manufacturing council about Merck's CEO quitting. Here's what happened… (finance.yahoo.com)
- Pressure Mounts On CEOs to Step Down From Trump Council (finance.yahoo.com)
- Campbell’s CEO confirms she’s staying on Trump council. Here’s why. (finance.yahoo.com)
- Share Performance in View for Campbell Soup Company (NYSE:CPB) – Jonesboro Recorder (jonesbororecorder.com)
Campbell Soup (CPB) traded down 0.22% during trading on Tuesday, hitting $53.73. The stock had a trading volume of 608,146 shares. The stock’s 50-day moving average is $52.42 and its 200-day moving average is $56.75. Campbell Soup has a 52-week low of $50.62 and a 52-week high of $64.23. The stock has a market capitalization of $16.28 billion, a PE ratio of 33.92 and a beta of 0.34.
Campbell Soup (NYSE:CPB) last issued its quarterly earnings data on Friday, May 19th. The company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by $0.05. The company had revenue of $1.85 billion for the quarter, compared to analysts’ expectations of $1.87 billion. Campbell Soup had a return on equity of 59.83% and a net margin of 6.17%. The company’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter last year, the company earned $0.65 earnings per share. On average, analysts predict that Campbell Soup will post $3.05 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Thursday, July 13th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date was Tuesday, July 11th. Campbell Soup’s dividend payout ratio (DPR) is currently 88.05%.
Several brokerages have commented on CPB. Piper Jaffray Companies began coverage on Campbell Soup in a research report on Wednesday, May 24th. They set a “neutral” rating and a $59.00 price objective for the company. Wells Fargo & Company reissued a “market perform” rating and set a $58.00 price objective (down previously from $62.50) on shares of Campbell Soup in a research report on Tuesday, May 23rd. Barclays PLC reissued a “sell” rating on shares of Campbell Soup in a research report on Tuesday, July 25th. Royal Bank Of Canada set a $60.00 price objective on Campbell Soup and gave the company a “hold” rating in a research report on Tuesday, July 18th. Finally, J P Morgan Chase & Co reissued a “neutral” rating and set a $55.00 price objective (down previously from $60.00) on shares of Campbell Soup in a research report on Wednesday, June 28th. Seven equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $57.24.
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About Campbell Soup
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.
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