Campbell Soup FY2025 EPS Forecast Lowered by DA Davidson

Campbell Soup (NASDAQ:CPB) – DA Davidson lowered their FY2025 EPS estimates for shares of Campbell Soup in a research note issued on Tuesday, December 24th. DA Davidson analyst B. Holland now expects that the company will earn $3.32 per share for the year, down from their prior estimate of $3.33. DA Davidson has a “Neutral” rating and a $51.00 price objective on the stock. The consensus estimate for Campbell Soup’s current full-year earnings is $3.16 per share.

Other analysts also recently issued reports about the company. Citigroup reduced their price objective on Campbell Soup from $44.00 to $41.00 and set a “sell” rating for the company in a research note on Thursday, December 5th. Stifel Nicolaus dropped their price objective on Campbell Soup from $50.00 to $47.00 and set a “hold” rating for the company in a report on Thursday, December 5th. JPMorgan Chase & Co. raised their price target on shares of Campbell Soup from $55.00 to $57.00 and gave the company an “overweight” rating in a report on Wednesday, September 11th. Sanford C. Bernstein raised shares of Campbell Soup from a “market perform” rating to an “outperform” rating and lifted their price objective for the stock from $55.00 to $58.00 in a report on Monday, October 7th. Finally, Argus upgraded shares of Campbell Soup from a “hold” rating to a “buy” rating and set a $59.00 price objective on the stock in a research report on Friday, September 20th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $50.92.

Campbell Soup Price Performance

CPB stock opened at $41.72 on Friday. Campbell Soup has a 1 year low of $40.26 and a 1 year high of $52.81. The business’s 50-day moving average is $44.80 and its two-hundred day moving average is $46.77. The company has a debt-to-equity ratio of 1.74, a current ratio of 0.91 and a quick ratio of 0.50. The firm has a market capitalization of $12.44 billion, a P/E ratio of 22.80, a P/E/G ratio of 2.96 and a beta of 0.18.

Hedge Funds Weigh In On Campbell Soup

A number of institutional investors have recently bought and sold shares of the stock. Point72 Asia Singapore Pte. Ltd. bought a new position in Campbell Soup in the second quarter worth approximately $32,000. nVerses Capital LLC acquired a new stake in shares of Campbell Soup in the third quarter valued at about $34,000. Ashton Thomas Securities LLC acquired a new position in shares of Campbell Soup during the 3rd quarter valued at about $39,000. Rothschild Investment LLC acquired a new position in shares of Campbell Soup in the 2nd quarter valued at $44,000. Finally, Sentry Investment Management LLC purchased a new stake in Campbell Soup in the second quarter valued at approximately $44,000. 52.35% of the stock is owned by institutional investors.

Campbell Soup Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 27th. Stockholders of record on Thursday, January 2nd will be paid a $0.39 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This is a positive change from Campbell Soup’s previous quarterly dividend of $0.37. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.74%. Campbell Soup’s payout ratio is currently 85.25%.

About Campbell Soup

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.