As of Friday close, Campbell Soup Company’s (NYSE:CPB) stock was down -$0.48, moving down -1.05 percent to $45.15. The average number of shares traded per day over the past five days has been 2,032,420 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.10 fall in that time frame. In the last twenty days, the average volume was 2,134,865, while in the previous 50 days, it was 2,709,520.
Since last month, CPB stock retreated -1.89%. Shares of the company fell to $44.78 on 07/18/23, the lowest level in the past month. A 52-week high of $57.78 was reached on 01/09/23 after having rallying from a 52-week low of $44.76. Since the beginning of this year, CPB’s stock price has dropped by -20.44% or -$11.60, and marked a new high 3 times. However, the stock has declined by -21.85% since its 52-week high.
CPB stock investors should be aware that Campbell Soup Company (CPB) stock had its last reported insider trading activity 227 days ago on Dec 21. Ciongoli Adam G., the Executive Vice President of the company, disposed of 37,354 shares for $56.86 on Dec 21. It resulted in a $2,123,948 divestment by the insider. Ciongoli Adam G. sold 44,232 shares at an average price of $56.46 on Dec 08. The insider now owns 136,739 shares following the transaction. On Dec 08, Executive Vice President Sanzio Anthony sold 1,800 shares at $56.10 apiece. The transaction was valued at $100,980.
Valuation Metrics
Right now, Campbell Soup Company (CPB) has a P/E ratio of about 17.30. The stock’s beta is 0.32. Besides these, the trailing price-to-sales (P/S) ratio of 1.44, the price-to-book (PB) ratio of 3.77, and the price-to-cash flow ratio of 58.00 may also be considered.
The latest dividend of $0.37 per share was paid out, remained unchanged from last year’s $0.37. On Wednesday December 9 2020, a $0.02 dividend increase was announced.
Financial Health
In the three months ended April 29, Campbell Soup Company’s quick ratio stood at 0.40, while its current ratio was 0.90, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending April 29 was 1.25, and the total debt-to-equity ratio was 1.33. On the profitability front, the trailing twelve-month gross margin is 30.50% percent. In the year ended April 29, EBITDA margin amounted to 17.64%, whereas operating margins totaled 13.00%. Based on annual data, CPB earned $2.63 billion in gross profit and brought in $8.56 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 11.60%. Return on equity (ROE) for the past 12 months was 22.50%.
In Campbell Soup Company’s quarter-end financial report for April 29, it reported total debt of $4.5 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. CPB’s revenue rose 4.44% to $2.48 billion during the quarter, while net income inched up to $2.23 billion. While analysts expected Campbell Soup Company to report $0.64 quarterly earnings, the actual figure was $0.68 per share, beating the consensus estimate by 6.30%. During the quarter, the company generated $362.0 million in EBITDA. The liabilities of Campbell Soup Company were 8.48 billion at the end of its most recent quarter ended April 29, and its total debt was $5.04 billion. The value of shareholders’ equity is $298.09 million.
Technical Picture
This quick technical analysis looks at Campbell Soup Company’s (CPB) price momentum. With a historical volatility rate of 12.79%, the RSI 9-day stood at 38.27% on 04 August.
With respect to its five-day moving average, the current Campbell Soup Company price is down by -2.38% percent or -$1.10. At present, CPB shares trade -0.86% below its 20-day simple moving average and -15.26% percent below its 100-day simple moving average. However, the stock is currently trading approximately -12.96% below its SMA50 and -9.72% below its SMA200.
Stochastic coefficient K was 47.30% and Stochastic coefficient D was 52.73%, while ATR was 0.73. Given the Stochastic reading of 19.75% for the 14-day period, the RSI (14) reading has been calculated as 39.93%. As of today, the MACD Oscillator reading stands at -0.23, while the 14-day reading stands at -0.27.
Analyst Ratings
Campbell Soup Company (CPB) has been rated Hold by analysts. According to 4 brokerage firms, CPB is a sell, and 11 firms recommend it is a Hold. There are 2 analysts who say the stock is underweight. A total of 1 analyst rate Campbell Soup Company stock as buy, with 1 recommending it as overweight.
With a median target price of $49.50, the current consensus forecast for the stock is $42.00 – $55.00. Based on these forecasts, analysts predict Campbell Soup Company (CPB) will achieve an average price target of $49.28.
