Campbells Co (NASDAQ: CPB): Do Not Miss The Gain Train

Campbells Co (CPB) concluded trading on Thursday at a closing price of $42.92, with 3.1 million shares of worth about $133.11 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.31% during that period and on December 12, 2024 the price saw a loss of about -0.19%. Currently the company’s common shares owned by public are about 298.00M shares, out of which, 196.32M shares are available for trading.

Stock saw a price change of 0.68% in past 5 days and over the past one month there was a price change of -2.98%. Year-to-date (YTD), CPB shares are showing a performance of -0.72% which decreased to -3.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $40.26 but also hit the highest price of $52.81 during that period. The average intraday trading volume for Campbells Co shares is 2.29 million. The stock is currently trading -3.05% below its 20-day simple moving average (SMA20), while that difference is down -6.39% for SMA50 and it goes to -6.87% lower than SMA200.

Campbells Co (NASDAQ: CPB) currently have 298.00M outstanding shares and institutions hold larger chunk of about 54.97% of that.

The stock has a current market capitalization of $12.79B and its 3Y-monthly beta is at 0.17. PE ratio of stock for trailing 12 months is 23.37, while it has posted earnings per share of $1.84 in the same period. Its PEG reads 5.19 and has Quick Ratio of 0.50 while making debt-to-equity ratio of 2.15. 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 2.02% while standing at 1.91% over the month.

Stock’s fiscal year EPS is expected to rise by 1.92% while it is estimated to increase by 5.95% in next year. EPS is likely to shrink at an annualized rate of 4.50% 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.

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