Campbell Soup (NASDAQ:CPB) Issues FY25 Earnings Guidance

Campbell Soup (NASDAQ:CPB) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $2.95-$3.05 for the period, compared to the consensus EPS estimate of $3.13. The company issued revenue guidance of $10.21-$10.40 billion, compared to the consensus revenue estimate of $10.46 billion. Campbell Soup also updated its FY 2025 guidance to 2.950-3.050 EPS.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Royal Bank of Canada reissued a “sector perform” rating and issued a $51.00 price target on shares of Campbell Soup in a research report on Monday, December 2nd. Citigroup cut their target price on Campbell Soup from $44.00 to $41.00 and set a “sell” rating on the stock in a research note on Thursday, December 5th. Jefferies Financial Group dropped their price target on shares of Campbell Soup from $42.00 to $40.00 and set a “hold” rating on the stock in a research note on Wednesday. BNP Paribas upgraded shares of Campbell Soup to a “strong sell” rating in a research note on Wednesday, February 26th. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $51.00 target price on shares of Campbell Soup in a report on Wednesday, December 4th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Campbell Soup has a consensus rating of “Hold” and an average price target of $47.36.

Campbell Soup Price Performance

NASDAQ CPB opened at $39.18 on Thursday. The company has a quick ratio of 0.50, a current ratio of 0.91 and a debt-to-equity ratio of 1.74. The firm has a market capitalization of $11.68 billion, a P/E ratio of 21.41, a PEG ratio of 2.71 and a beta of 0.19. The company has a 50-day moving average price of $39.43 and a 200-day moving average price of $44.39. Campbell Soup has a 52 week low of $36.92 and a 52 week high of $52.81.

Campbell Soup (NASDAQ:CPB) last released its quarterly earnings results on Wednesday, March 5th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.01. Campbell Soup had a net margin of 5.57% and a return on equity of 23.79%. The business had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.74 billion. The firm’s revenue was up 9.3% compared to the same quarter last year. Equities research analysts anticipate that Campbell Soup will post 3.15 earnings per share for the current year.

Campbell Soup Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Thursday, April 3rd will be given a dividend of $0.39 per share. The ex-dividend date is Thursday, April 3rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.98%. Campbell Soup’s payout ratio is currently 85.25%.

Insider Activity at Campbell Soup

In related news, EVP Anthony Sanzio sold 2,000 shares of Campbell Soup stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $41.90, for a total transaction of $83,800.00. Following the sale, the executive vice president now owns 16,551 shares of the company’s stock, valued at approximately $693,486.90. This trade represents a 10.78 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 20.19% of the stock is currently owned by corporate insiders.

Campbell Soup Company Profile

Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.