Campbell Soup (NASDAQ:CPB) Issues FY 2025 Earnings Guidance

Campbell Soup (NASDAQ:CPB) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.950-3.050 for the period, compared to the consensus earnings per share estimate of 3.120. The company issued revenue guidance of $10.2 billion-$10.4 billion, compared to the consensus revenue estimate of $10.4 billion.

Analyst Ratings Changes

CPB has been the topic of a number of research analyst reports. Citigroup reduced their price objective on shares of Campbell Soup from $44.00 to $41.00 and set a “sell” rating on the stock in a research note on Thursday, December 5th. Barclays reduced their price target on shares of Campbell Soup from $49.00 to $46.00 and set an “underweight” rating on the stock in a research report on Friday, December 6th. Piper Sandler raised Campbell Soup from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $47.00 to $56.00 in a report on Thursday, November 14th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $51.00 target price on shares of Campbell Soup in a report on Monday, December 2nd. Finally, Stephens reiterated an “overweight” rating on shares of Campbell Soup in a report on Wednesday, December 4th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $50.17.

Campbell Soup Stock Performance

Shares of CPB opened at $40.33 on Wednesday. The firm has a fifty day moving average of $39.48 and a 200-day moving average of $44.43. The company has a market cap of $12.02 billion, a price-to-earnings ratio of 22.04, a price-to-earnings-growth ratio of 2.71 and a beta of 0.19. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.50 and a current ratio of 0.91. Campbell Soup has a 1 year low of $36.92 and a 1 year high of $52.81.

Campbell Soup (NASDAQ:CPB) last issued its quarterly earnings data on Tuesday, December 3rd. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.02. Campbell Soup had a return on equity of 23.79% and a net margin of 5.57%. As a group, equities analysts anticipate that Campbell Soup will post 3.15 earnings per share for the current year.

Campbell Soup Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Thursday, April 3rd will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 3.87%. The ex-dividend date of this dividend is Thursday, April 3rd. Campbell Soup’s dividend payout ratio is presently 85.25%.

Insider Activity at Campbell Soup

In other news, EVP Anthony Sanzio sold 2,000 shares of the business’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $41.90, for a total transaction of $83,800.00. Following the transaction, the executive vice president now directly owns 16,551 shares in the company, valued at $693,486.90. The trade was a 10.78 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 20.19% of the stock is currently owned by corporate insiders.

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.