Campbell Soup Co. (CPB) concluded trading on Thursday at a closing price of $43.71, with 2.34 million shares of worth about $102.43 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.30% during that period and on April 18, 2024 the price saw a gain of about 0.92%. Currently the company’s common shares owned by public are about 298.00M shares, out of which, 196.68M shares are available for trading.
Stock saw a price change of 1.16% in past 5 days and over the past one month there was a price change of 0.32%. Year-to-date (YTD), CPB shares are showing a performance of 1.11% which decreased to -20.70% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $37.94 but also hit the highest price of $55.52 during that period. The average intraday trading volume for Campbell Soup Co. shares is 2.74 million. The stock is currently trading 0.36% above its 20-day simple moving average (SMA20), while that difference is up 1.76% for SMA50 and it goes to 2.22% higher than SMA200.
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Campbell Soup Co. (NYSE: CPB) currently have 298.00M outstanding shares and institutions hold larger chunk of about 55.10% of that.
The stock has a current market capitalization of $13.03B and its 3Y-monthly beta is at 0.24. PE ratio of stock for trailing 12 months is 17.09, while it has posted earnings per share of $2.56 in the same period. Its PEG reads 2.98 and has Quick Ratio of 0.43 while making debt-to-equity ratio of 1.25. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CPB, volatility over the week remained 1.59% while standing at 1.71% over the month.
Analysts are in expectations that Campbell Soup Co. (CPB) stock would likely to be making an EPS of $Chubb Limited in the current quarter, while forecast for next quarter EPS is $245.39 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Campbell Soup Company which is $Crescent Point Energy Corporati at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Copa Holdings, S.A. in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 1.71% while it is estimated to increase by 5.35% in next year. EPS is likely to shrink at an annualized rate of 5.73% for next 5-years, compared to annual growth of 26.96% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Evercore ISI on March 13, 2024 offering an In-line rating for the stock and assigned a target price of $49 to it. Coverage by DA Davidson stated Campbell Soup Co. (CPB) stock as a Buy in their note to investors on March 01, 2024, suggesting a price target of $48 for the stock. On February 01, 2024, Citigroup Initiated their recommendations, while on December 12, 2023, Wells Fargo Initiated their ratings for the stock with a price target of $47. Stock get an Overweight rating from Stephens on October 13, 2023.
