DA Davidson Reiterates “Neutral” Rating for Campbell’s (NASDAQ:CPB)

Campbell’s (NASDAQ:CPB)‘s stock had its “neutral” rating restated by research analysts at DA Davidson in a report issued on Thursday,Benzinga reports. They presently have a $30.00 price objective on the stock. DA Davidson’s price target indicates a potential upside of 4.38% from the company’s previous close.

CPB has been the topic of several other research reports. Stephens dropped their target price on Campbell’s from $40.00 to $38.00 and set an “overweight” rating on the stock in a research report on Monday, December 8th. Stifel Nicolaus dropped their price objective on Campbell’s from $34.00 to $30.00 and set a “hold” rating on the stock in a research report on Wednesday. Bank of America lifted their target price on Campbell’s from $29.00 to $30.00 and gave the company an “underperform” rating in a research note on Thursday, September 4th. UBS Group decreased their price target on shares of Campbell’s from $28.00 to $26.00 and set a “sell” rating for the company in a research report on Wednesday. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Campbell’s in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus target price of $32.59.

Campbell’s Trading Up 1.1%

NASDAQ CPB opened at $28.74 on Thursday. Campbell’s has a one year low of $27.85 and a one year high of $43.85. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.28 and a current ratio of 0.82. The company has a market capitalization of $8.57 billion, a price-to-earnings ratio of 14.89, a price-to-earnings-growth ratio of 9.95 and a beta of -0.05. The company’s 50-day simple moving average is $30.40 and its two-hundred day simple moving average is $31.74.

Campbell’s (NASDAQ:CPB) last released its quarterly earnings data on Tuesday, December 9th. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.04. The firm had revenue of $2.68 billion for the quarter. Campbell’s had a net margin of 5.69% and a return on equity of 21.84%. The company’s revenue was down 3.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. Equities analysts forecast that Campbell’s will post 3.15 EPS for the current fiscal year.

Institutional Trading of Campbell’s

Several large investors have recently bought and sold shares of CPB. Ameritas Advisory Services LLC acquired a new position in Campbell’s during the 2nd quarter valued at approximately $25,000. Stance Capital LLC purchased a new stake in shares of Campbell’s during the third quarter valued at $27,000. ORG Partners LLC increased its position in shares of Campbell’s by 77.3% in the 2nd quarter. ORG Partners LLC now owns 906 shares of the company’s stock valued at $29,000 after acquiring an additional 395 shares during the period. SBI Securities Co. Ltd. raised its stake in Campbell’s by 66.8% in the 2nd quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock worth $29,000 after acquiring an additional 385 shares during the last quarter. Finally, Parvin Asset Management LLC purchased a new position in Campbell’s in the 2nd quarter worth $35,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Campbell’s Company Profile

The Campbell’s Company, formerly known as 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.