How Does Wall Street Rate Shares Of Campbell Soup Company (CPB)?

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Campbell Soup Company (NYSE:CPB) saw a downside of -0.35% to close Tuesday at $51.40 after subtracting -$0.18 on the day. The 5-day average trading volume is 3,144,040 shares of the company’s common stock. It has gained $54.59 in the past week and touched a new high 1 time within the past 5 days. An average of 2,346,360 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,621,212.

CPB’s 1-month performance is -9.68% or -$5.88 on its low of $50.71 reached on 01/24/23. The company’s shares have touched a 52-week low of $41.72 and high of $57.78, with the stock’s rally to the 52-week high happening on 01/09/23. YTD, CPB has lost -9.43% or -$5.35 and has reached a new high 3 times. However, the current price is down -11.03% from the 52-week high price.

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Insider Transactions

CPB stock investors last saw insider trading activity on Dec 21.Ciongoli Adam G. (Executive Vice President) most recently sold 37,354 shares at $56.86 per share on Dec 21. This transaction cost the insider $2,123,948. Executive Vice President, Sanzio Anthony, sold 1,800 shares at a price of $56.10 on Dec 08. Then, on Dec 08, Executive Vice President Ciongoli Adam G. sold 44,232 shares at a price of $56.46 per share. This transaction amounted to $2,497,339.

Valuation Metrics

CPB stock has a beta of 0.37. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.74 while the price-to-book (PB) in the most recent quarter is 4.43, with the price to cash flow ratio at 36.90.

Campbell Soup Company’s quick ratio for the period ended October 30 was 0.30, with the current ratio over the same period at 0.80. As well, the company’s long term debt to equity for the quarter ending October 30 was 1.15, while the total debt to equity was 1.40.. In terms of profitability, the gross margin trailing 12 months is 30.80%. The firm’s gross profit as reported stood at $2.63 billion against revenue of $8.56 billion.

Earnings Surprise

For the quarterly period ending October 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 12.12% to $297.0 million, while revenue of $96.0 million was 67.68% off the previous quarter. Analysts expected CPB to announce $0.88 per share in earnings in its latest quarter, but it posted $1.02, representing a 15.90% surprise. EBITDA for the quarter stood at more than $527.0 million. CPB stock balance sheet for the quarter ending October 30 shows that total liabilities totaled 8.71 billion, with total debt at $5.09 billion. Shareholders hold equity totaling $299.47 million.

Let’s look briefly at Campbell Soup Company (CPB) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 18.43% to suggest the stock is trending oversold, with historical volatility in this time period at 16.55%.

The stock’s 5-day moving average is $52.00, reflecting a -5.96% or -$3.26 change from its current price. CPB is currently trading -9.54% above its 20-day SMA, +1.40% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -0.08% and SMA200 by+14.50%.

Stochastic %K and %D was 7.23% and 4.97% and the average true range (ATR) pointed at 1.01. The RSI (14) points at 28.60%, while the 14-day stochastic is at 10.57% with the period’s ATR at 1.02. The stock’s 9-day MACD Oscillator is pointing at -1.66 and -2.67 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Campbell Soup Company (NYSE: CPB), Exane BNP Paribas launched coverage with an Underperform rating. Analysts offering their rating for CPB stock have a consensus rating for the stock as Hold. Currently, 4 brokerage advisors rate CPB as a “sell,”, while 14 advise that investors “Hold.” 2 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.

What is CPB’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $39.00 and a high of $61.00, with their median price target at $53.00. Looking at these predictions, the average price target given by analysts is for Campbell Soup Company (CPB) stock is $52.41.

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