Campbell Soup (NASDAQ:CPB) Releases FY 2025 Earnings Guidance

Campbell Soup (NASDAQ:CPB) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.950-3.050 for the period, compared to the consensus 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.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. DA Davidson restated a “neutral” rating and set a $51.00 price objective on shares of Campbell Soup in a research report on Wednesday, December 4th. BNP Paribas upgraded Campbell Soup to a “strong sell” rating in a research report on Wednesday, February 26th. Barclays cut their target price on Campbell Soup from $49.00 to $46.00 and set an “underweight” rating for the company in a research report on Friday, December 6th. Stephens restated an “overweight” rating on shares of Campbell Soup in a research note on Wednesday, December 4th. Finally, JPMorgan Chase & Co. cut shares of Campbell Soup from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $48.00 to $37.00 in a research report on Thursday. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Campbell Soup presently has a consensus rating of “Hold” and a consensus price target of $47.36.

Campbell Soup Price Performance

NASDAQ:CPB opened at $39.18 on Thursday. The firm has a market capitalization of $11.68 billion, a price-to-earnings ratio of 21.41, a PEG ratio of 2.71 and a beta of 0.19. The company has a debt-to-equity ratio of 1.74, a current ratio of 0.91 and a quick ratio of 0.50. The business has a 50 day simple moving average of $39.43 and a 200-day simple moving average of $44.39. Campbell Soup has a 1 year low of $36.92 and a 1 year high of $52.81.

Campbell Soup (NASDAQ:CPB) last posted its quarterly earnings data on Wednesday, March 5th. The company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. The business had revenue of $2.69 billion for the quarter, compared to analysts’ expectations of $2.74 billion. Campbell Soup had a net margin of 5.57% and a return on equity of 23.79%. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. Equities analysts forecast that Campbell Soup will post 3.15 EPS for the current year.

Campbell Soup Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Investors of record on Thursday, April 3rd will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date is Thursday, April 3rd. Campbell Soup’s payout ratio is currently 85.25%.

Insiders Place Their Bets

In other Campbell Soup news, EVP Anthony Sanzio sold 2,000 shares of the firm’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $41.90, for a total transaction of $83,800.00. Following the transaction, the executive vice president now directly owns 16,551 shares in the company, valued at $693,486.90. This trade represents a 10.78 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 20.19% of the company’s stock.

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.