Market Momentum: Campbell Soup Co. (CPB) Registers a 0.62 Increase, Closing at 45.16

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Campbell Soup Co. (NYSE: CPB) closed the day trading at $45.16 up 0.62% from the previous closing price of $44.88. In other words, the price has increased by $0.62 from its previous closing price. On the day, 1.44 million shares were traded. CPB stock price reached its highest trading level at $45.31 during the session, while it also had its lowest trading level at $44.83.

Ratios:

For a better understanding of CPB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 79.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.82. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 1.25 whereas as Long-Term Debt/Eq ratio is at 1.23.

On March 01, 2024, DA Davidson started tracking the stock assigning a Buy rating and target price of $48.

On February 01, 2024, Citigroup started tracking the stock assigning a Sell rating and target price of $41.Citigroup initiated its Sell rating on February 01, 2024, with a $41 target price.

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 13462331392 and an Enterprise Value of 18113312768. As of this moment, Campbell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.65, and their Forward P/E ratio for the next fiscal year is 14.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 3.50. Its current Enterprise Value per Revenue stands at 1.954 whereas that against EBITDA is 10.398.

Stock Price History:

Over the past 52 weeks, CPB has reached a high of $55.04, while it has fallen to a 52-week low of $37.94. The 50-Day Moving Average of the stock is 3.44%, while the 200-Day Moving Average is calculated to be 5.73%.

Shares Statistics:

Over the past 3-months, CPB traded about 2.75M shares per day on average, while over the past 10 days, CPB traded about 2538250 shares per day. A total of 298.00M shares are outstanding, with a floating share count of 196.69M. Insiders hold about 34.02% of the company’s shares, while institutions hold 55.47% stake in the company. Shares short for CPB as of 1713139200 were 16657666 with a Short Ratio of 6.06, compared to 1710460800 on 14740315. Therefore, it implies a Short% of Shares Outstanding of 16657666 and a Short% of Float of 8.709999999999999.

Dividends & Splits

CPB’s forward annual dividend rate is 1.48, up from 1.48 a year ago. Against a Trailing Annual Dividend Yield of 0.03297683The stock’s 5-year Average Dividend Yield is 3.13.

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