Campbell Soup (NASDAQ:CPB) Updates 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. Campbell Soup also updated its FY25 guidance to $2.95-$3.05 EPS.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Wells Fargo & Company dropped their price objective on Campbell Soup from $45.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 7th. Jefferies Financial Group lowered their price target on shares of Campbell Soup from $42.00 to $40.00 and set a “hold” rating on the stock in a report on Wednesday. Citigroup decreased their target price on shares of Campbell Soup from $44.00 to $41.00 and set a “sell” rating for the company in a research report on Thursday, December 5th. Bank of America reduced their price target on Campbell Soup from $45.00 to $41.00 and set an “underperform” rating on the stock in a research report on Thursday. Finally, JPMorgan Chase & Co. cut Campbell Soup from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $48.00 to $37.00 in a research report on Thursday. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Campbell Soup presently has an average rating of “Hold” and a consensus price target of $47.36.

Campbell Soup Stock Performance

Shares of CPB stock opened at $39.18 on Thursday. The stock has a market cap of $11.68 billion, a PE ratio of 21.41, a price-to-earnings-growth ratio of 2.71 and a beta of 0.19. Campbell Soup has a 52-week low of $36.92 and a 52-week high of $52.81. The business has a 50-day simple moving average of $39.43 and a 200-day simple moving average of $44.39. 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 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01. Campbell Soup had a net margin of 5.57% and a return on equity of 23.79%. The business had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.74 billion. The business’s revenue was up 9.3% compared to the same quarter last year. On average, equities analysts expect that Campbell Soup will post 3.15 EPS for the current year.

Campbell Soup Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Stockholders 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 dividend yield of 3.98%. The ex-dividend date of this dividend is Thursday, April 3rd. Campbell Soup’s payout ratio is currently 85.25%.

Insider Activity

In other Campbell Soup news, EVP Anthony Sanzio sold 2,000 shares of the company’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 completion of the transaction, the executive vice president now directly owns 16,551 shares in the company, valued at approximately $693,486.90. This represents a 10.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 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.