Closing Figures: Campbell Soup Co. (CPB)’s Positive Finish at 46.10, Up 1.10

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After finishing at $45.60 in the prior trading day, Campbell Soup Co. (NYSE: CPB) closed at $46.10, up 1.10%. In other words, the price has increased by $1.10 from its previous closing price. On the day, 2.1 million shares were traded. CPB stock price reached its highest trading level at $46.11 during the session, while it also had its lowest trading level at $45.23.

Ratios:

Our goal is to gain a better understanding of CPB by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 128.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.74. For the most recent quarter (mrq), Quick Ratio is recorded 0.24 and its Current Ratio is at 0.62. In the meantime, Its Debt-to-Equity ratio is 1.91 whereas as Long-Term Debt/Eq ratio is at 1.53.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on June 26, 2024, Upgraded its rating to Overweight and sets its target price to $52 from $45 previously.

On May 15, 2024, Bernstein Upgraded its rating to Mkt Perform which previously was Underperform and also upped its target price recommendation from $42 to $46.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 04 ’24 when Sanzio Anthony sold 250 shares for $43.75 per share. The transaction valued at 10,938 led to the insider holds 13,988 shares of the business.

Sanzio Anthony sold 3,000 shares of CPB for $132,930 on Dec 12 ’23. The Executive Vice President now owns 14,238 shares after completing the transaction at $44.31 per share. On Sep 14 ’23, another insider, Polomski Stanley, who serves as the Senior VP and Controller of the company, sold 8,000 shares for $43.35 each. As a result, the insider received 346,767 and left with 33,162 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CPB now has a Market Capitalization of 13763338240 and an Enterprise Value of 21142333440. As of this moment, Campbell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.66, and their Forward P/E ratio for the next fiscal year is 14.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 3.51. Its current Enterprise Value per Revenue stands at 2.247 whereas that against EBITDA is 11.578.

Stock Price History:

The Beta on a monthly basis for CPB is 0.16, which has changed by 0.004576206 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, CPB has reached a high of $46.97, while it has fallen to a 52-week low of $37.94. The 50-Day Moving Average of the stock is 2.63%, while the 200-Day Moving Average is calculated to be 7.01%.

Shares Statistics:

The stock has traded on average 2.64M shares per day over the past 3-months and 2212200 shares per day over the last 10 days, according to various share statistics. A total of 298.00M shares are outstanding, with a floating share count of 197.12M. Insiders hold about 33.97% of the company’s shares, while institutions hold 54.22% stake in the company. Shares short for CPB as of 1719532800 were 18700914 with a Short Ratio of 7.09, compared to 1717113600 on 17124610. Therefore, it implies a Short% of Shares Outstanding of 18700914 and a Short% of Float of 9.7600006.

Dividends & Splits

In the trailing 12 months, CPB’s forward annual dividend rate was 1.48, compared to 1.48 this year. Against a Trailing Annual Dividend Yield of 0.03245614The stock’s 5-year Average Dividend Yield is 3.11. The current Payout Ratio is 51.92% for CPB, which recently paid a dividend on 2024-07-03 with an ex-dividend date of 1719964800. Stock splits for the company last occurred on 1997-03-18 when the company split stock in a 2:1 ratio.

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