Campbell’s (NASDAQ:CPB) Stock Rating Upgraded by DA Davidson

Campbell’s (NASDAQ:CPB) was upgraded by research analysts at DA Davidson to a “hold” rating in a report released on Monday,Zacks.com reports.

A number of other research firms have also weighed in on CPB. Stifel Nicolaus reduced their price objective on shares of Campbell’s from $25.00 to $20.00 and set a “hold” rating for the company in a research note on Tuesday, April 21st. Weiss Ratings restated a “sell (d+)” rating on shares of Campbell’s in a research report on Tuesday, June 30th. Morgan Stanley cut their price target on Campbell’s from $23.00 to $21.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. Zacks Research cut Campbell’s from a “hold” rating to a “strong sell” rating in a research report on Wednesday, June 10th. Finally, UBS Group decreased their price objective on Campbell’s from $19.00 to $17.00 and set a “sell” rating on the stock in a research note on Tuesday, June 9th. Twelve analysts have rated the stock with a Hold rating and eight have assigned a Sell rating to the company’s stock. According to MarketBeat, Campbell’s presently has an average rating of “Reduce” and a consensus price target of $21.88.

Campbell’s Stock Performance

Campbell’s stock traded up $0.71 during midday trading on Monday, reaching $23.37. The stock had a trading volume of 1,194,452 shares, compared to its average volume of 8,845,591. The firm has a market capitalization of $6.97 billion, a PE ratio of 11.57 and a beta of 0.02. Campbell’s has a 12 month low of $19.56 and a 12 month high of $34.17. The company has a quick ratio of 0.38, a current ratio of 0.87 and a debt-to-equity ratio of 1.53. The firm’s 50-day moving average price is $21.31 and its 200 day moving average price is $23.83.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Monday, June 8th. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. The firm had revenue of $2.37 billion during the quarter. Campbell’s had a net margin of 6.12% and a return on equity of 18.04%. Campbell’s’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.22 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. As a group, research analysts predict that Campbell’s will post 2.18 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Stance Capital LLC bought a new stake in Campbell’s during the third quarter valued at $27,000. Flagship Harbor Advisors LLC bought a new position in Campbell’s in the 4th quarter worth about $29,000. Sittner & Nelson LLC bought a new position in Campbell’s in the 4th quarter worth about $29,000. Los Angeles Capital Management LLC purchased a new stake in shares of Campbell’s in the 4th quarter valued at about $29,000. Finally, Ankerstar Wealth LLC purchased a new stake in shares of Campbell’s in the 4th quarter valued at about $29,000. Institutional investors own 52.35% of the company’s stock.

About Campbell’s

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.