Campbell Soup Co.’s (NYSE: CPB) price-to-earnings ratio is 14.32x, which is higher than its average ratio. Additionally, the 36-month beta value of CPB is 0.34. Analysts have divergent opinions on the stock, with 3 analysts rating it as a “buy”, 2 as “overweight”, 11 as a “hold” and 3 as a “sell”.
The average analyst recommended price for Campbell Soup Co. (CPB) is $45.09, which is $4.21 higher than the current market price. CPB’s public float is 196.31 million and currently, short sellers hold 6.43% of this float. On November 20, 2023, CPB’s average trading volume was 2.87 million shares.
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CPB) latest stock price update
Campbell Soup Co. (NYSE: CPB) stock is down -0.61 from the previous closing price of 41.13. Despite this, the company recorded a 1.14% gain in its stock price over the last five trading days. InvestorPlace reported on 11/15/2023 that amid soaring inflation, interest rates have also been rising. Fixed-income options such as certificates of deposit pay the highest interest rates offered in over a decade.
CPB Market Performance
Campbell Soup Co. (CPB) saw a 1.14% rise in stock performance for the week, with a gain of 2.77% over the past month and a fall of -2.81% over the past quarter. The volatility ratio for the week is 1.61%, and the volatility levels for the last 30 days are 1.66% for CPB. The simple moving average for the last 20 days is 0.95% for CPB stock, with a simple moving average of -13.77% for the last 200 days.
Opinion of CPB analysts
Many brokerages have already submitted their reports on CPB stock, with Stephens reiterating CPB’s rating as “overweight.” According to Stephens, the forecast price of CPB for the upcoming period is $50, based on the research report published on October 13, 2023 of the current year 2023.
CPB trading 0.11% off the 50-day moving average
After a market plunge that brought CPB to its low price over the past 52 weeks, the company was unable to bounce back, settling for -29.24% loss for the given period for now.
Volatility remained at 1.66%, however, over the past 30 days, the volatility rate has increased by 1.61%, with stocks jumping +2.92% for the moving average over the past 20 days. Over the past 50 days, on the other hand, the stock is currently trading down -3.08%.
Over the last 5 trading sessions, CPB increased by +1.14%, which changed the moving average for the 200-day period by -18.86% from the 20-day moving average, which stood at $40.55. Furthermore, Campbell Soup Co. saw a reversal of -27.96% in a single year, with a trend to further reduce its losses.
Reports indicate that there have been several insider transactions at CPB, starting with Polomski Stanley, who sold 8,000 shares at a price of $43.35 on September 14. After this action, Polomski Stanley now owns 33,162 shares of Campbell Soup Co. stock, valued at $346,767 using the last closing price.
Ciongoli Adam G., executive vice president of Campbell Soup Co., sold 37,354 shares at $56.86 in a transaction that occurred on Dec. 21, meaning Ciongoli Adam G. owns 99,385 shares at $2,123,948 based on the most recent close. price.
Stock Fundamentals for CPB
The company’s current profitability levels are at:
- +14.58 for current operating margin
- +30.92 for gross margin
Campbell Soup Co.’s net margin is +9.17. The total return on capital value is pegged at 16.04, while the return on invested capital managed to reach 10.81. The stock’s yield now stands at 24.54, compared to 7.16 for assets.
Based on Campbell Soup Co. (CPB), the company’s capital structure has generated 135.67 points of total debt to equity, while the total debt to equity is 57.57. Total debt to assets is 41.19, with long-term debt to equity ratio standing at 128.54. Finally, the long-term debt to capital ratio is 54.54.
When we look at the company’s ratio to revenue, we see a ratio of 1.81, with the company’s debt to company value settled at 0.27. The company’s receivables turnover is 17.49 and total asset turnover is 0.78. The liquidity ratio also appears rather interesting for investors since it stands at 0.93.
To conclude, Campbell Soup Co. (CPB)’s performance has been mixed lately. The stock has received a mix of “buy” and “hold” ratings from analysts. Importantly, the stock is currently trading a significant distance from its 50-day moving average and 52-week high.