Campbell Soup (NASDAQ:CPB) Releases FY25 Earnings Guidance

Campbell Soup (NASDAQ:CPB) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $2.95-$3.05 for the period, compared to the consensus earnings per share estimate of $3.13. The company issued revenue guidance of $10.21-$10.40 billion, compared to the consensus revenue estimate of $10.46 billion. Campbell Soup also updated its FY 2025 guidance to 2.950-3.050 EPS.

Campbell Soup Stock Down 2.3 %

Shares of NASDAQ:CPB opened at $40.33 on Wednesday. The business has a fifty day moving average of $39.48 and a two-hundred day moving average of $44.43. Campbell Soup has a 52-week low of $36.92 and a 52-week high of $52.81. The stock has a market cap of $12.02 billion, a P/E ratio of 22.04, a PEG ratio of 2.71 and a beta of 0.19. The company has a quick ratio of 0.50, a current ratio of 0.91 and a debt-to-equity ratio of 1.74.

Campbell Soup (NASDAQ:CPB) last issued its quarterly earnings data on Wednesday, March 5th. The company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.73 by $0.01. Campbell Soup had a return on equity of 23.79% and a net margin of 5.57%. The firm had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.74 billion. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. On average, research analysts expect that Campbell Soup will post 3.15 earnings per share for the current year.

Campbell Soup Announces Dividend

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

Analyst Upgrades and Downgrades

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

Insider Activity

In other news, EVP Anthony Sanzio sold 2,000 shares of Campbell Soup stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $41.90, for a total value of $83,800.00. Following the transaction, the executive vice president now owns 16,551 shares of the company’s stock, valued at $693,486.90. The trade was a 10.78 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 20.19% of the company’s stock.

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.