Also, the Hold rating count is 2 as of 8/31/2016. Company is -15.45% away from its 52 week high and is moving 65.34% ahead of its 52 week low.
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Campbell Soup (NYSE:CPB) last released its earnings results on Thursday, September 1st. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell The mean price target for the shares of company is at $42.84 while the highest price target suggested by the analysts is $48.00 and low price target is $26.00. During the same period previous year, the firm posted $0.43 EPS. On Mar 7, 2016, Edward Carolan (Senior Vice President) sold 5,000 shares at $61.93 per share price.Also, On Mar 1, 2016, Mark R. Alexander (Senior Vice President) sold 90,509 shares at $61.94 per share price.On Mar 1, 2016, Charles R Perrin (director) sold 5,457 shares at $61.85 per share price, according to the Form-4 filing with the securities and exchange commission.
Profit will be $3 to $3.09 a share in the fiscal year through July 2017, the Camden, N.J. -based company said Thursday in a statement. The business contributed about 13 per cent of total sales in the latest quarter. Stockholders of record on Wednesday, October 12th will be issued a dividend of $0.35 per share. The ex-dividend date is Friday, October 7th.
CPB has been the subject of a number of other research reports.
Campbell Soup Company stock has been assigned 3.03 as average brokerage rating by Zack against the rating of 3.03 a quarter earlier. The shares have been rated Neutral.
The stock went public on 7/1/1985 and has an average volume of 1740.59.
Several hedge funds have modified their holdings of the company. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.970 for the next fiscal and $N/A for underway quarter. The number of shares now owned by investors are 43.65 mln. Shares price moving down from its 20 days moving average with -6.57% and isolated negatively from 50 days moving average with -9.57%. Allianz Asset Management AG boosted its stake in shares of Campbell Soup by 178.8% in the fourth quarter. CENTRAL TRUST Co bought a new position in Campbell Soup during the first quarter valued at about $2,567,000. However, I am not pleased with the results of our fourth quarter. Jefferies Group LLC now owns 28,648 shares of the company’s stock worth $1,505,000 after buying an additional 12,048 shares during the period.
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When a company like CPB, with a market capitalization of $18.7 billion, loses so much value in a single trading session, shareholders have only one question: will it drop more? He commented: “For the year, Americas Simple Meals and Beverages and Global Biscuits and Snacks delivered significant margin expansion, driving double-digit profit growth”.
