Campbell Soup Co. (CPB) concluded trading on Wednesday at a closing price of $47.86, with 3.15 million shares of worth about $150.65 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.46% during that period and on October 02, 2024 the price saw a loss of about -1.03%. Currently the company’s common shares owned by public are about 298.00M shares, out of which, 196.85M shares are available for trading.
Stock saw a price change of -3.29% in past 5 days and over the past one month there was a price change of -6.80%. Year-to-date (YTD), CPB shares are showing a performance of 10.71% which increased to 21.16% 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 $52.81 during that period. The average intraday trading volume for Campbell Soup Co. shares is 2.42 million. The stock is currently trading -5.19% below its 20-day simple moving average (SMA20), while that difference is down -3.33% for SMA50 and it goes to 5.34% higher than SMA200.
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Campbell Soup Co. (NASDAQ: CPB) currently have 298.00M outstanding shares and institutions hold larger chunk of about 56.39% of that.
The stock has a current market capitalization of $14.27B and its 3Y-monthly beta is at 0.18. PE ratio of stock for trailing 12 months is 25.26, while it has posted earnings per share of $1.89 in the same period. Its PEG reads 5.00 and has Quick Ratio of 0.22 while making debt-to-equity ratio of 1.99. 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 1.57% while standing at 1.93% over the month.
Stock’s fiscal year EPS is expected to rise by 3.23% while it is estimated to increase by 6.46% in next year. EPS is likely to shrink at an annualized rate of 5.05% for next 5-years, compared to annual growth of 15.98% 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 DA Davidson on September 27, 2024 offering a Neutral rating for the stock and assigned a target price of $51 to it. Coverage by Argus stated Campbell Soup Co. (CPB) stock as a Buy in their note to investors on September 20, 2024, suggesting a price target of $59 for the stock. On June 26, 2024, JP Morgan Upgrade their recommendations, while on May 15, 2024, Bernstein Upgrade their ratings for the stock with a price target of $46. Stock get an In-line rating from Evercore ISI on March 13, 2024.
