Campbell Soup (NASDAQ:CPB) Issues FY25 Earnings Guidance

Campbell Soup (NASDAQ:CPB) updated its FY25 earnings guidance on Wednesday. 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.

Wall Street Analyst Weigh In

Several analysts have issued reports on CPB shares. DA Davidson reissued a “neutral” rating and set a $51.00 price target on shares of Campbell Soup in a report on Wednesday, December 4th. Stifel Nicolaus cut their target price on Campbell Soup from $47.00 to $40.00 and set a “hold” rating for the company in a research report on Friday, January 24th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $51.00 price objective on shares of Campbell Soup in a report on Monday, December 2nd. Barclays lowered their target price on shares of Campbell Soup from $49.00 to $46.00 and set an “underweight” rating on the stock in a report on Friday, December 6th. Finally, BNP Paribas upgraded shares of Campbell Soup to a “strong sell” rating in a research note on Wednesday, February 26th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Campbell Soup has a consensus rating of “Hold” and an average price target of $50.17.

Campbell Soup Stock Performance

Campbell Soup stock opened at $40.33 on Wednesday. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.50 and a current ratio of 0.91. The company has a market capitalization of $12.02 billion, a PE ratio of 22.04, a P/E/G ratio of 2.71 and a beta of 0.19. The company has a 50 day moving average price of $39.48 and a 200-day moving average price of $44.43. Campbell Soup has a fifty-two week low of $36.92 and a fifty-two week high of $52.81.

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

Campbell Soup Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Thursday, April 3rd will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.87%. The ex-dividend date is Thursday, April 3rd. Campbell Soup’s dividend payout ratio (DPR) is currently 85.25%.

Insider Buying and Selling

In other Campbell Soup news, EVP Anthony Sanzio sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $41.90, for a total value of $83,800.00. Following the completion of the transaction, the executive vice president now directly owns 16,551 shares of the company’s stock, valued at approximately $693,486.90. The trade was a 10.78 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, 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.