Media coverage about Campbell Soup (NYSE:CPB) has trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Campbell Soup earned a news impact score of 0.19 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.3263821913465 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Campbell Soup (CPB) traded up $0.36 during mid-day trading on Wednesday, reaching $50.19. The company had a trading volume of 2,252,647 shares, compared to its average volume of 2,009,365. The firm has a market cap of $15,122.59, a PE ratio of 17.12, a PEG ratio of 3.82 and a beta of 0.40. Campbell Soup has a 1 year low of $44.99 and a 1 year high of $64.23. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.77 and a quick ratio of 0.42.
Campbell Soup (NYSE:CPB) last issued its quarterly earnings results on Tuesday, November 21st. The company reported $0.92 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.97 by ($0.05). The company had revenue of $2.16 billion during the quarter, compared to analyst estimates of $2.17 billion. Campbell Soup had a net margin of 11.08% and a return on equity of 56.88%. The business’s revenue was down 1.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.00 EPS. equities research analysts predict that Campbell Soup will post 2.96 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Monday, January 29th. Investors of record on Wednesday, January 10th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 2.79%. The ex-dividend date of this dividend is Tuesday, January 9th. Campbell Soup’s dividend payout ratio (DPR) is presently 48.95%.
A number of analysts have recently commented on the company. Piper Jaffray Companies set a $49.00 target price on Campbell Soup and gave the stock a “hold” rating in a research report on Tuesday, November 28th. Credit Suisse Group set a $41.00 target price on Campbell Soup and gave the stock a “sell” rating in a research report on Friday, November 24th. Royal Bank Of Canada reiterated a “hold” rating and set a $53.00 target price (down previously from $55.00) on shares of Campbell Soup in a research report on Wednesday, November 22nd. UBS cut their target price on Campbell Soup from $42.00 to $41.00 and set a “sell” rating on the stock in a research report on Wednesday, November 22nd. Finally, Morgan Stanley cut their target price on Campbell Soup from $47.00 to $46.00 and set an “underweight” rating on the stock in a research report on Friday, October 13th. Seven investment analysts have rated the stock with a sell rating and seven have given a hold rating to the company. The company has an average rating of “Hold” and an average target price of $49.91.
In related news, Director Charles R. Perrin sold 2,304 shares of the business’s stock in a transaction dated Friday, October 6th. The stock was sold at an average price of $46.46, for a total value of $107,043.84. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Luca Mignini purchased 4,300 shares of the company’s stock in a transaction that occurred on Wednesday, September 27th. The stock was bought at an average price of $46.47 per share, for a total transaction of $199,821.00. Following the transaction, the insider now directly owns 88,178 shares in the company, valued at $4,097,631.66. The disclosure for this purchase can be found here. Insiders own 37.20% of the company’s stock.
Campbell Soup Company Profile
Campbell Soup Company is a food company, which manufactures and markets food products. The Company’s segments include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh. The Americas Simple Meals and Beverages segment includes the retail and food service channel businesses.
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