Campbell Soup Company (CPB)
Market Cap | 13.04B |
Revenue (ttm) | 9.64B |
Net Income (ttm) | 567.00M |
Shares Out | 297.62M |
EPS (ttm) | 1.89 |
PE Ratio | 23.18 |
Forward PE | 13.72 |
Dividend | $1.48 (3.38%) |
Ex-Dividend Date | Oct 3, 2024 |
Volume | 1,849,431 |
Open | 43.53 |
Previous Close | 43.53 |
Day's Range | 43.39 - 43.95 |
52-Week Range | 39.65 - 52.81 |
Beta | 0.18 |
Analysts | Hold |
Price Target | 50.50 (+15.27%) |
Earnings Date | Dec 4, 2024 |
About CPB
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. This segment provides Campbell’s condensed and ready-to-serve soups; Swanson broth and stocks; Pacific Foods broth, soups, and non-dairy beverages; Prego pasta sauces; Pace Mexican sauces; Campbell’s gravies, pasta, beans... [Read more]
Financial Performance
In 2024, Campbell Soup Company's revenue was $9.64 billion, an increase of 2.98% compared to the previous year's $9.36 billion. Earnings were $567.00 million, a decrease of -33.92%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for CPB stock is "Hold." The 12-month stock price forecast is $50.5, which is an increase of 15.27% from the latest price.
News
The Campbell's Company to Report First-Quarter Fiscal 2025 Results on December 4, 2024
CAMDEN, N.J.--(BUSINESS WIRE)--The Campbell's Company (NASDAQ:CPB) (Campbell's) today announced that it will report its first-quarter fiscal 2025 financial results on December 4, 2024 for the period e...
Shareholders Overwhelmingly Approve the Change in Company Name to The Campbell's Company at Annual Meeting
CAMDEN, N.J.--(BUSINESS WIRE)--Today, shareholders approved the change of the company's official name from Campbell Soup Company to The Campbell's Company (NASDAQ:CPB) (Campbell's). The change reflect...
100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys
Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sust...
Campbell's Appoints Daniel L. Poland Chief Enterprise Transformation Officer
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NASDAQ:CPB) (Campbell's) today announced the appointment of Daniel L. Poland to the newly created role of Executive Vice President and Chief Enter...
Campbell Soup Rao's Brand Growth Strong And US Sales Trend Improving, Analyst Upgrades Stock
Piper Sandler analyst Michael S. Lavery upgraded Campbell Soup Company CPB to Overweight from Neutral, raising the price forecast from $47 to $56.
Campbell's to Sell noosa Business to Lakeview Farms
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NASDAQ:CPB) (Campbell's) today announced an agreement to sell the noosa yoghurt business to Lakeview Farms, LLC, a manufacturer of fresh dips, des...
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Campbell's and Partners Receive $3.4 Million USDA Grant to Support Sustainable Tomato-Growing Practices in California
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NASDAQ:CPB) (Campbell's) today announced that it was awarded $3.4 million in funding through the U.S. Department of Agriculture (USDA)'s Regional ...
Campbell's® Third Annual State of the Sides Report: Celebrating the Shared Love of Side Dishes Across America
Sides Enthusiasts Can Now Enjoy the Scents of their Favorite Holiday Side Dishes Year-Round with Limited-Edition Candle Collection CAMDEN, N.J. , Oct. 28, 2024 /PRNewswire/ -- Campbell's® officially k...
Hold The Soup: Campbell's Steady Growth Is Fairly Valued
Campbell's is shifting focus from soups to premium brands, forming a new business unit to drive growth in this segment. Despite economic uncertainties, Campbell's maintains consistent performance, wit...
Campbell's and Harris Blitzer Sports & Entertainment Announce Partnership Across Four Storied Franchises
CAMDEN, N.J.--(BUSINESS WIRE)--Harris Blitzer Sports & Entertainment (HBSE) and Campbell Soup Company (NASDAQ:CPB) (Campbell's) today announced a unique marketing partnership spanning four storied spo...
These brands could be hit the hardest by port strike: BofA's Peter Galbo
Peter Galbo, BofA Securities analyst, joins CNBC's 'The Exchange' to discuss the impact of the ongoing strike at East and Gulf Coast ports, how long his firm thinks the strike will last, and more.
Pacific Foods and Matty Matheson Unite to Tackle the Sunday Scaries
Celebrity chef and organic soup and broth brand aim to reclaim the end of the weekend with #TGISunday series PORTLAND, Ore. , Sept. 23, 2024 /PRNewswire/ -- Pacific Foods, a brand known for its organi...
Campbell Declares Quarterly Dividend
CAMDEN, N.J.--(BUSINESS WIRE)--The Board of Directors of Campbell Soup Company (NASDAQ:CPB) today declared a regular quarterly dividend on Campbell's capital stock of $0.37 per share. The quarterly di...
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Campbell Soup: Hard To Believe Long-Term Growth Targets Can Be Achieved
I recommend a neutral rating for Campbell Soup Company due to skepticism about its ability to achieve long-term growth targets amid tough macro conditions. CPB's 2Q24 earnings missed consensus estimat...
The Campbell Soup Company is changing its name
After 155 years, the Campbell Soup Company is dropping “soup” from its name and will rebrand as The Campbell Company. Transcript: Conway Gittens: Here's what we're watching on TheStreet today.
Campbell Soup to make historic name change
Campbell Soup plans to change its name after 155 years in business as it transitions its portfolio to include more products, the company said on Tuesday.
Campbell Launches Next Chapter of Growth at Fiscal 2025 Investor Day
CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NASDAQ:CPB) today held an Investor Day at the Nasdaq MarketSite in New York City where Campbell's management team reviewed progress against the co...
Campbell Soup dropping ‘soup' in name — here's why
Campbell's was the first to sell canned soup more than a century ago. The company's cans later were featured in iconic pop art by Andy Warhol.
Lyra Health Announces First and Only Nationwide Networks for Dialectical Behavioral Therapy and Alcohol and Substance Use Disorders
BURLINGAME, Calif.--(BUSINESS WIRE)--Lyra Health, the leading provider of innovative Workforce Mental Health solutions for employers and health plans, today announced the nationwide expansion of the C...
Campbell Soup dropping 'soup' in name to become 'The Campbell's Company'
Campbell Soup is dropping "soup" from its name to become "The Campbell's Company," CEO Mark Clouse said on Tuesday, a pivot symbolizing the company's shift to other packaged food such as jarred sauces...
Redfin Reports Asking Rents Rose the Most in Over a Year in August, But Remain Below Record Highs Hit Two Years Earlier
SEATTLE--(BUSINESS WIRE)-- #housingmarket--The median U.S. asking rent rose 0.9% year over year in August to $1,645—the biggest annual increase since April 2023. That's according to a new report from ...