Campbell Soup (NASDAQ: CPB) Profit Outlook

Campbell Soup day trading at USD 47 per share, then rallying to 48.69 and closing at USD 48.66 per share. A net gain of 3.53% for the day. Long term pricing analysis shows the stock trading at 15.38% lower than it’s 52week high and -33.59% higher than the 52week low. The share volume traded for the day was 2,117K which was 0 times the 50 Day Average Volume.

Campbell Soup had a market cap of 14,682,893K as of 27th May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ 4.77.

Campbell Soup also known as just Campbell’s is an American processed food and snack company. As the name implies, the company is most closely associated with its flagship canned soup products, however, it has through mergers and acquisitions grown to become one of the largest processed food companies in the U.S., with a wide variety of products under its flagship Campbell’s brand as well as such well-known brands as Pepperidge Farm, Snyder’s of Hanover, V8, and Swanson.

Financial Results

Campbell Soup Second Quarter Of Fiscal 2020.

  • Campbell Raises Fiscal 2020 Adjusted Earnings Per Share (EPS) Guidance Range to $2.55 – $2.60
  • Net Sales were Comparable to Prior Year; Organic Net Sales Increased 1%
  • EPS from Continuing Operations of $0.56 Decreased 3% Primarily Reflecting Loss on Extinguishment of Debt; Adjusted EPS of $0.72 Increased 11%
  • Significant Reduction in Debt Levels Compared to Prior Year Following Successful Completion of Previously Announced Divestiture Plan

Campbell Soup (27th May 2020): The Institutional Ownership as of today stood at 48.32% and the Total Value of Holdings (millions) is $ 6,905.

New Institutional Holders and other activity – As of today, the total number of shares held is 145,794,408 by 634 institutional holders.


24-May-2020:- Campbell Soup (NYSE: CPB) Shares Sold by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S lessened its position in Campbell Soup (NYSE: CPB) by 69.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 49,228 shares of the company’s stock after selling 113,598 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Campbell Soup were worth $2,272,000 at the end of the most recent reporting period.

23-May-2020:- Fiera Capital Corp Sells 5,241 Shares of Campbell Soup (NYSE: CPB) – Modern Readers

Fiera Capital Corp reduced its stake in Campbell Soup (NYSE: CPB) by 8.8% during the first quarter, Holdings reports. The firm owned 54,634 shares of the company’s stock after selling 5,241 shares during the quarter. Fiera Capital Corp’s holdings in Campbell Soup were worth $2,522,000 as of its most recent filing with the SEC.

22 -May- Deutsche Bank Raises Campbell Soup (NYSE: CPB) Price Target to $53.00

Campbell Soup (NYSE: CPB) had its target price lifted by Deutsche Bank from $52.00 to $53.00 in a research report issued to clients and investors on Friday, BenzingaRatingsTable reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank’s price objective points to a potential upside of 11.79% from the stock’s previous close.

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