The company reported Earnings of $0.46 in last Quarter’s while the company declared Earnings of $2.98 in past year. The median 12-month price target of 12 analysts covering the company is $59.50, which suggests the stock could still gain more than 3 percent.
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Campbell Soup Company has 308,000,000 shares which are now outstanding with shareholders and have a price of 57.73 bringing Campbell Soup Company’s market capitalisation to 17.78B United States dollars.
The institutional sentiment decreased to 1.05 in Q2 2016. Checchi Capital Advisers LLC now owns 1,798 shares of the company’s stock valued at $120,000 after buying an additional 161 shares during the period.
Receive Campbell Soup Company News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Campbell Soup Company with MarketBeat.com’s FREE daily email newsletter. The firm lifted its rating on CPB from Underweight to Neutral.
Over the past five trading sessions shares of Campbell Soup Company (NYSE:CPB) are -5.6%; -5.9% for the month; -6.05% for the last quarter; -6.82% for the past six-months; and 22.99% for the last 12 months.The current price is staying below the SMA lines which signify weakens and is generally unhealthy/negative and may provide the momentum for driving the share price lower. Its down 0.15, from 1.2 in 2016Q1. The stock price is going above to its 52 week low with 5.04% and lagging behind from its 52 week high with -45.97%. The number of shares now owned by investors are 411.2 mln. Herndon Capital Management Llc owns 878,282 shares or 2.23% of their USA portfolio. Its Senior Vice President Carolan Edward sold 5,000 company shares for $309000.65, in a transaction on 2016-03-04. The Michigan-based Managed Asset Portfolios Llc has invested 5.3% in the stock. Valley National Advisers Inc, a Pennsylvania-based fund reported 48,140 shares.
Many analysts are providing their Estimated Earnings analysis for Campbell Soup Company and for the current quarter 14 analysts have projected that the stock could give an Average Earnings estimate of $0.96/share. It has underperformed by 10.88% the S&P500. This appreciation has taken its market cap to $17.78B and a price-to-earnings ratio to 31.90.
Campbell Soup Company is a food company, which makes and markets food products. The Companys segments include U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages, and Bolthouse and Foodservice.
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Goldman issued their verdict on Campbell Soup Company (NYSE:CPB) recently. Campbell Soup Company P/E (price to earnings) ratio is 25.26 and Forward P/E ratio of 17.94. Its U.S. Simple Meals segment includes various products, such as Campbell’s condensed and ready-to-serve soups; Prego pasta sauces, and Pace Mexican sauces.
