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

Campbell’s (NASDAQ:CPB) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 2.950-2.950 for the period, compared to the consensus EPS 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

Shares of NASDAQ CPB opened at $34.25 on Tuesday. Campbell’s has a 52 week low of $32.95 and a 52 week high of $52.81. The business’s 50 day moving average price is $36.53 and its 200 day moving average price is $39.21. The company has a quick ratio of 0.50, a current ratio of 0.91 and a debt-to-equity ratio of 1.74. The firm has a market cap of $10.21 billion, a P/E ratio of 18.72, a P/E/G ratio of 2.71 and a beta of 0.14.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings data on Monday, June 2nd. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.65 by $0.08. Campbell’s had a net margin of 5.57% and a return on equity of 23.79%. During the same period in the prior year, the company posted $0.75 EPS. Campbell’s’s revenue was up 4.5% compared to the same quarter last year. On average, sell-side analysts expect that Campbell’s will post 3.15 earnings per share for the current year.

Campbell’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 4th. Stockholders of record on Thursday, July 3rd will be paid a $0.39 dividend. The ex-dividend date is Thursday, July 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.55%. Campbell’s’s payout ratio is 90.17%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CPB. Morgan Stanley assumed coverage on shares of Campbell’s in a research note on Monday, March 24th. They issued an “equal weight” rating and a $40.00 price target on the stock. Deutsche Bank Aktiengesellschaft lowered their price objective on Campbell’s from $43.00 to $39.00 and set a “hold” rating for the company in a research report on Wednesday, May 21st. Royal Bank of Canada decreased their price target on Campbell’s from $51.00 to $44.00 and set a “sector perform” rating on the stock in a research note on Thursday, March 6th. Evercore ISI lowered their price target on Campbell’s from $46.00 to $41.00 and set an “in-line” rating for the company in a report on Thursday, May 29th. Finally, BNP Paribas upgraded shares of Campbell’s to a “strong sell” rating in a report on Wednesday, February 26th. Five research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Campbell’s has a consensus rating of “Hold” and a consensus target price of $42.00.

Insider Activity

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 directly owns 37,590 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. Corporate insiders own 20.19% of the company’s stock.

Institutional Inflows and Outflows

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

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.