Campbells Co (CPB) concluded trading on Wednesday at a closing price of $42.69, with 6.16 million shares of worth about $263.16 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.20% during that period and on December 04, 2024 the price saw a loss of about -6.24%. Currently the company’s common shares owned by public are about 297.62M shares, out of which, 196.00M shares are available for trading.
Stock saw a price change of -8.39% in past 5 days and over the past one month there was a price change of -7.96%. Year-to-date (YTD), CPB shares are showing a performance of -1.25% which increased to 4.10% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $40.18 but also hit the highest price of $52.81 during that period. The average intraday trading volume for Campbells Co shares is 2.21 million. The stock is currently trading -4.89% below its 20-day simple moving average (SMA20), while that difference is down -8.31% for SMA50 and it goes to -7.32% lower than SMA200.
Campbells Co (NASDAQ: CPB) currently have 297.62M outstanding shares and institutions hold larger chunk of about 55.09% of that.
The stock has a current market capitalization of $12.71B and its 3Y-monthly beta is at 0.17. PE ratio of stock for trailing 12 months is 23.30, while it has posted earnings per share of $1.83 in the same period. Its PEG reads 4.58 and has Quick Ratio of 0.22 while making debt-to-equity ratio of 2.06. 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 1.68% while standing at 2.07% over the month.
Stock’s fiscal year EPS is expected to rise by 2.71% while it is estimated to increase by 6.13% in next year. EPS is likely to shrink at an annualized rate of 5.09% 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 November 14, 2024 offering an Overweight rating for the stock and assigned a target price range of between $47 and $56 to it. Coverage by Bernstein stated Campbells 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.
