Campbell’s (NASDAQ:CPB) Issues FY 2025 Earnings Guidance

Campbell’s (NASDAQ:CPB) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 2.950-2.950 for the period, compared to the consensus earnings per share estimate of 2.980. The company issued revenue guidance of $10.2 billion-$10.4 billion, compared to the consensus revenue estimate of $10.3 billion.

Campbell’s Price Performance

CPB stock opened at $34.17 on Monday. The stock’s 50 day moving average price is $36.62 and its 200 day moving average price is $39.27. The firm has a market cap of $10.19 billion, a P/E ratio of 18.67, a PEG ratio of 2.71 and a beta of 0.14. 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’s has a 1 year low of $32.95 and a 1 year high of $52.81.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings results on Monday, June 2nd. The company reported $0.73 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.08. Campbell’s had a return on equity of 23.79% and a net margin of 5.57%. During the same period in the previous year, the business earned $0.75 earnings per share. On average, sell-side analysts expect that Campbell’s will post 3.15 earnings per share for the current fiscal year.

Campbell’s Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 4th. Stockholders of record on Thursday, July 3rd will be issued a dividend of $0.39 per share. The ex-dividend date is Thursday, July 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.57%. Campbell’s’s dividend payout ratio (DPR) is presently 90.17%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CPB. DA Davidson reduced their price objective on shares of Campbell’s from $46.00 to $39.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 11th. Morgan Stanley started coverage on Campbell’s in a report on Monday, March 24th. They issued an “equal weight” rating and a $40.00 price target for the company. Jefferies Financial Group decreased their price objective on Campbell’s from $42.00 to $40.00 and set a “hold” rating on the stock in a report on Wednesday, March 5th. Citigroup lowered their price objective on Campbell’s from $37.00 to $33.00 and set a “sell” rating for the company in a research report on Monday, May 19th. Finally, Bank of America dropped their target price on Campbell’s from $41.00 to $37.00 and set an “underperform” rating for the company in a research note on Wednesday, May 21st. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Campbell’s currently has a consensus rating of “Hold” and a consensus price target of $42.40.

Insiders Place Their Bets

In other Campbell’s news, EVP Charles A. Brawley III sold 2,498 shares of the business’s stock in a transaction on Monday, March 31st. The shares were sold at an average price of $40.03, for a total value of $99,994.94. Following the transaction, the executive vice president now owns 37,590 shares in the company, valued at $1,504,727.70. The trade was a 6.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 20.19% of the stock is owned by company insiders.

Institutional Trading of Campbell’s

Several large investors have recently modified their holdings of the business. Goldman Sachs Group Inc. boosted its holdings in Campbell’s by 4.3% in the first quarter. Goldman Sachs Group Inc. now owns 660,543 shares of the company’s stock valued at $26,369,000 after purchasing an additional 27,374 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Campbell’s by 3.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,472 shares of the company’s stock valued at $777,000 after purchasing an additional 685 shares in the last quarter. Woodline Partners LP raised its position in shares of Campbell’s by 40.9% in the 1st quarter. Woodline Partners LP now owns 16,623 shares of the company’s stock valued at $664,000 after purchasing an additional 4,827 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of Campbell’s during the 1st quarter valued at approximately $446,000. Finally, Geneos Wealth Management Inc. grew its position in shares of Campbell’s by 333.3% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after buying an additional 750 shares in the last quarter. 52.35% of the stock is currently owned by institutional investors and hedge funds.

Campbell’s Company Profile

The Campbell’s Company, formerly known as 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.