Campbell Soup Company (CPB)

NASDAQ: CPB · Real-Time Price · USD
43.81
+0.28 (0.64%)
At close: Nov 20, 2024, 4:00 PM
43.90
+0.09 (0.21%)
After-hours: Nov 20, 2024, 7:27 PM EST
0.64%
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]

Industry Packaged Foods
Founded 1869
Employees 14,400
Stock Exchange NASDAQ
Ticker Symbol CPB
Full Company Profile

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 Statements

Analyst 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.

Price Target
$50.5
(15.27% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

13 hours ago - Business Wire

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...

1 day ago - Business Wire

Processed food stocks fall as investors brace for increased scrutiny under Trump, RFK Jr.

Shares of several companies behind popular soda and snack brands pulled back sharply Friday.

Other symbols: CAGGISKHCKOPEPLW
5 days ago - CNBC

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...

Other symbols: AGRAWKBACBALLBBYBENCEG
6 days ago - Seeking Alpha

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...

6 days ago - Business Wire

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.

6 days ago - Benzinga

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...

8 days ago - Business Wire

3 Dividend Stocks for November 2024

The dividend prospects of a US firm, a UK firm, and a Canadian company.

Other symbols: DEOENB
10 days ago - Morningstar

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 ...

23 days ago - Business Wire

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...

23 days ago - PRNewsWire

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...

4 weeks ago - Seeking Alpha

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...

4 weeks ago - Business Wire

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.

Other symbols: DOLEELFKDPLWMKC
6 weeks ago - CNBC Television

These consumer-staples stocks could take a hit from the port strike

The dockworkers' strike could impact a number of names in the consumer-staples space, warns Bank of America.

Other symbols: DOLEELFKDPLWMKCPPCTSN
6 weeks ago - Market Watch

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...

2 months ago - PRNewsWire

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...

2 months ago - Business Wire

3 Wide Moat Stocks to Buy for an Economic Slowdown

#Morningstar  #MicrosoftStock #StockInvesting These undervalued stocks have defensive qualities that make them attractive in today's market. 00:00 Introduction 00:43 Bristol Myers Squibb BMY 01:22 Cam...

Other symbols: BMYMSFT
2 months ago - Morningstar

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...

2 months ago - Seeking Alpha

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.

2 months ago - The Street

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.

2 months ago - Fox Business

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...

2 months ago - Business Wire

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.

2 months ago - New York Post

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...

Other symbols: MAT
2 months ago - Business Wire

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...

2 months ago - Reuters

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 ...

2 months ago - Business Wire