Campbell Soup (NASDAQ:CPB) Releases Earnings Results, Beats Estimates By $0.01 EPS

Campbell Soup (NASDAQ:CPB) issued its earnings results on Wednesday. The company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.01, Zacks reports. The firm had revenue of $2.69 billion during the quarter, compared to analyst estimates of $2.74 billion. Campbell Soup had a net margin of 5.57% and a return on equity of 23.79%. The company’s quarterly revenue was up 9.3% on a year-over-year basis. Campbell Soup updated its FY 2025 guidance to 2.950-3.050 EPS and its FY25 guidance to $2.95-$3.05 EPS.

Campbell Soup Stock Down 2.6 %

Shares of Campbell Soup stock opened at $39.29 on Wednesday. The company has a debt-to-equity ratio of 1.74, a current ratio of 0.91 and a quick ratio of 0.50. Campbell Soup has a 1 year low of $36.92 and a 1 year high of $52.81. The firm’s 50-day moving average is $39.48 and its two-hundred day moving average is $44.43. The stock has a market cap of $11.71 billion, a price-to-earnings ratio of 21.59, a PEG ratio of 2.71 and a beta of 0.19.

Campbell Soup Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Thursday, April 3rd will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 3.97%. The ex-dividend date is Thursday, April 3rd. Campbell Soup’s dividend payout ratio is presently 85.25%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $51.00 price target on shares of Campbell Soup in a research note on Monday, December 2nd. Wells Fargo & Company decreased their price target on shares of Campbell Soup from $45.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Stifel Nicolaus decreased their price target on shares of Campbell Soup from $47.00 to $40.00 and set a “hold” rating on the stock in a research note on Friday, January 24th. Citigroup decreased their price target on shares of Campbell Soup from $44.00 to $41.00 and set a “sell” rating on the stock in a research note on Thursday, December 5th. Finally, DA Davidson reaffirmed a “neutral” rating and set a $51.00 price target on shares of Campbell Soup in a research note on Wednesday, December 4th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Campbell Soup presently has a consensus rating of “Hold” and an average target price of $50.17.

Insiders Place Their Bets

In related news, EVP Anthony Sanzio sold 2,000 shares of the business’s stock in a transaction that occurred 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 owns 16,551 shares in the company, valued at $693,486.90. The trade was a 10.78 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 20.19% of the stock is owned by company insiders.

Campbell Soup Company Profile

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.