Campbell Soup Company (CPB) Set to Announce Quarterly Earnings on Monday
Campbell Soup Company (NYSE:CPB) is scheduled to be announcing its Q414 earnings results on Monday, September 8th. Analysts expect the company to announce earnings of $0.49 per share and revenue of $1.87 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
Campbell Soup Company (NYSE:CPB) opened at 44.25 on Friday. Campbell Soup Company has a 52-week low of $38.30 and a 52-week high of $46.67. The stock has a 50-day moving average of $43.56 and a 200-day moving average of $44.51. The company has a market cap of $13.891 billion and a P/E ratio of 26.85.
On a related note, analysts at Goldman Sachs downgraded shares of Campbell Soup Company from a “neutral” rating to a “sell” rating in a research note on Tuesday, July 15th. They now have a $39.00 price target on the stock, down previously from $41.00. Four analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $40.30.
Campbell Soup Company (NYSE:CPB) together with its subsidiaries, is a manufacturer and marketer of branded convenience food products.
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