Growth Story Still Intact For Campbell Soup Co (CPB)

Campbell Soup Co (CPB) concluded trading on Thursday at a closing price of $44.45, with 3.62 million shares of worth about $161.02 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -4.84% during that period and on November 14, 2024 the price saw a gain of about 0.41%. Currently the company’s common shares owned by public are about 298.00M shares, out of which, 196.16M shares are available for trading.

Stock saw a price change of -1.48% in past 5 days and over the past one month there was a price change of -8.07%. Year-to-date (YTD), CPB shares are showing a performance of 2.82% which increased to 9.56% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $39.65 but also hit the highest price of $52.81 during that period. The average intraday trading volume for Campbell Soup Co shares is 2.22 million. The stock is currently trading -3.99% below its 20-day simple moving average (SMA20), while that difference is down -7.63% for SMA50 and it goes to -3.23% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Campbell Soup Co (NASDAQ: CPB) currently have 298.00M outstanding shares and institutions hold larger chunk of about 58.01% of that.

The stock has a current market capitalization of $13.23B and its 3Y-monthly beta is at 0.17. PE ratio of stock for trailing 12 months is 23.46, while it has posted earnings per share of $1.89 in the same period. Its PEG reads 4.59 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 2.41% while standing at 1.73% over the month.

Stock’s fiscal year EPS is expected to rise by 3.18% while it is estimated to increase by 6.40% in next year. EPS is likely to shrink at an annualized rate of 5.11% 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 Piper Sandler on Nov-15-24 offering an Overweight rating for the stock and assigned a target price range of between $47 and $56 to it. Coverage by Bernstein stated Campbell Soup Co (CPB) stock as an Outperform in their note to investors on October 07, 2024, suggesting a price target of $58 for the stock. On September 27, 2024, DA Davidson Downgrade their recommendations, while on September 20, 2024, Argus Upgrade their ratings for the stock with a price target of $59. Stock get an Overweight rating from JP Morgan on June 26, 2024.

Most Popular

Related Posts