The Campbell’s Company (NASDAQ:CPB – Get Free Report) has been assigned a consensus recommendation of “Reduce” from the nineteen research firms that are covering the firm, MarketBeat reports. Seven equities research analysts have rated the stock with a sell rating and twelve have given a hold rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $21.20.
Several equities research analysts have issued reports on the stock. Sanford C. Bernstein reiterated an “underperform” rating and set a $19.00 price objective (down from $21.00) on shares of Campbell’s in a research note on Tuesday, June 9th. Morgan Stanley reduced their target price on shares of Campbell’s from $23.00 to $21.00 and set an “equal weight” rating on the stock in a report on Friday, June 5th. Barclays decreased their price target on shares of Campbell’s from $21.00 to $19.00 and set an “underweight” rating for the company in a research report on Monday, June 8th. Stifel Nicolaus increased their price target on Campbell’s from $20.00 to $22.00 and gave the company a “hold” rating in a report on Wednesday, July 22nd. Finally, DA Davidson raised Campbell’s to a “hold” rating in a research report on Monday, July 6th.
Campbell’s Stock Performance
Campbell’s (NASDAQ:CPB – Get Free Report) last issued its earnings results on Monday, June 8th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. The business had revenue of $2.37 billion during the quarter. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.The firm’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.22 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Equities analysts predict that Campbell’s will post 2.18 EPS for the current year.
Institutional Investors Weigh In On Campbell’s
Several hedge funds have recently modified their holdings of CPB. Flagship Harbor Advisors LLC purchased a new position in Campbell’s in the 4th quarter worth approximately $29,000. Sittner & Nelson LLC purchased a new stake in shares of Campbell’s during the fourth quarter valued at approximately $29,000. Los Angeles Capital Management LLC acquired a new position in shares of Campbell’s during the fourth quarter worth $29,000. Ankerstar Wealth LLC acquired a new position in shares of Campbell’s during the fourth quarter worth $29,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in shares of Campbell’s in the second quarter valued at $31,000. 52.35% of the stock is currently owned by hedge funds and other institutional investors.
Campbell’s Company Profile
Campbell’s (NASDAQ: CPB) is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell’s has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.
The company’s brand portfolio includes Campbell’s Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.
Further Reading
- Five stocks we like better than Campbell’s
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
Receive News & Ratings for Campbell's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Campbell's and related companies with MarketBeat.com's FREE daily email newsletter.
