Campbell Soup Company (CPB)

NYSE: CPB · IEX Real-Time Price · USD
44.45
+0.38 (0.86%)
At close: Mar 28, 2024, 4:00 PM
44.25
-0.20 (-0.45%)
After-hours: Mar 28, 2024, 7:54 PM EDT
0.86%
Market Cap 13.25B
Revenue (ttm) 9.27B
Net Income (ttm) 766.00M
Shares Out 298.10M
EPS (ttm) 2.55
PE Ratio 17.43
Forward PE 14.47
Dividend $1.48 (3.33%)
Ex-Dividend Date Apr 3, 2024
Volume 2,889,067
Open 44.27
Previous Close 44.07
Day's Range 44.27 - 44.80
52-Week Range 37.94 - 56.04
Beta 0.23
Analysts Hold
Price Target 46.31 (+4.18%)
Earnings Date Mar 6, 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 14,500
Stock Exchange NYSE
Ticker Symbol CPB
Full Company Profile

Financial Performance

In 2023, CPB's revenue was $9.36 billion, an increase of 9.29% compared to the previous year's $8.56 billion. Earnings were $858.00 million, an increase of 13.34%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for CPB stock is "Hold." The 12-month stock price forecast is $46.31, which is an increase of 4.18% from the latest price.

Price Target
$46.31
(4.18% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Campbell Soup CEO says Rao's deal is 'a match made in heaven'

Campbell Soup Company (CBP) announced today that it has completed its $2.7 billion acquisition of Sovos Brands, Inc., which touts popular brands like Rao's. The deal was originally slated for December...

15 days ago - Yahoo Finance

Campbell Soup completes $2.33 bln Sovos deal after delays

Campbell Soup has completed the acquisition of Rao's Homemade-owner Sovos Brands , the U.S. packaged food maker said on Tuesday, weeks after receiving clearance from the Federal Trade Commission.

16 days ago - Reuters

Campbell Completes Acquisition of Sovos Brands, Inc.

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced it has completed the acquisition of Sovos Brands, Inc. (“Sovos Brands”) for $23 per share in an all-cash transaction, w...

16 days ago - Business Wire

Grilled Cheese and Tomato Soup Lovers Rejoice! Campbell's® Releases Limited-Time Only Flavor

The first ever limited-edition Grilled Cheese and Tomato Soup is available to celebrate National Grilled Cheese Day on April 12 th CAMDEN, N.J. , March 7, 2024 /PRNewswire/ -- Campbell's has announced...

21 days ago - PRNewsWire

Campbell Soup Beat Profit Estimates. Why the Stock Is Falling.

The company kept guidance for the full year unchanged and said top-line sales growth is currently running at the lower end of the range.

22 days ago - Barrons

Campbell Soup beats quarterly estimates on steady demand for quick meals

Campbell Soup edged past market estimates for quarterly sales and profit on Wednesday and stuck to its annual forecasts, helped by steady demand for branded, ready-to-eat meals and strength in its foo...

22 days ago - Reuters

Campbell Reports Second-Quarter Fiscal 2024 Results

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today reported results for its second-quarter fiscal 2024 ended January 28, 2024. CEO Comments “We once again delivered on our commitmen...

22 days ago - Business Wire

Campbell to Participate in a Fireside Chat at BofA Securities 2024 Consumer and Retail Conference on March 12

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced that Mark Clouse, President and Chief Executive Officer, and Carrie Anderson, Executive Vice President and Chief Financ...

23 days ago - Business Wire

Campbell Declares Quarterly Dividend

CAMDEN, N.J.--(BUSINESS WIRE)--The Board of Directors of Campbell Soup Company (NYSE:CPB) today declared a regular quarterly dividend on Campbell's capital stock of $0.37 per share. The quarterly divi...

4 weeks ago - Business Wire

Campbell's® and Parks Project Unveil Exclusive 'Winter Warmth' Capsule Collection

Created for those who celebrate outdoor moments and soup season, the limited-edition collection will be available via the NTWRK app. CAMDEN, N.J.

5 weeks ago - PRNewsWire

Campbell to Report Second Quarter Fiscal 2024 Results on March 6, 2024

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced that it will report its second-quarter fiscal 2024 financial results on March 6, 2024. Mark Clouse, President and Chief...

5 weeks ago - Business Wire

Campbell Names Anthony Kyles Chief Customer Officer of Meals & Beverages

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced the appointment of Anthony Kyles as Chief Customer Officer, Meals & Beverages, effective March 4, 2024. Kyles will lead...

5 weeks ago - Business Wire

Campbell Soup expects to close Sovos Brands deal 'within days' of March 11

Campbell Soup said on Tuesday that it expects to close its $2.33 billion acquisition of Rao's Homemade items owner Sovos Brands within days of March 11 after receiving a certification of compliance fr...

6 weeks ago - Reuters

Campbell and Sovos Brands Certify Substantial Compliance with Second Request from FTC; Begins the Start of 30-Day Waiting Period

CAMDEN, N.J. & LOUISVILLE, Colo.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) and Sovos Brands, Inc. (NASDAQ: SOVO) today announced that both companies have certified substantial compliance wit...

6 weeks ago - Business Wire

3 Top Value Stocks to Buy and Hold for 2024

These high-quality companies are solid—and their stocks look cheap.

Other symbols: GILDKVUE
2 months ago - Morningstar

Gabelli's Kevin Dreyer names two split-off companies as good plays

Kevin Dreyer, Gabelli Funds co-chief CIO, joins 'Closing Bell' to discuss small caps outlook and plays.

Other symbols: SPB
2 months ago - CNBC Television

Snacks Are Pricey, but We Just Keep Eating

Carrefour and PepsiCo bicker over price increases but many food companies raised prices as inflation rose with limited damage to sales volume.

Other symbols: CAGHSYKDPKOMDLZPEP
2 months ago - Barrons

Campbell Soup CEO talks earnings, outlook, and the consumer

Campbell Soup Company (CPB) reported fiscal first-quarter adjusted earnings per share of $0.91, better than analysts had expected. Net organic sales, however, fell 1% from the prior year.

4 months ago - Yahoo Finance

Campbell Soup Leads S&P 500 Gains as Higher Prices Help Profit Beat Estimates

Higher prices helped profit and guidance from Campbell Soup (CPB) beat expectations, and shares surged over 7% Wednesday, leading gains on the S&P 500.

4 months ago - Investopedia

Three-Stock Lunch: Campbell Soup, Toll Brothers and SentinelOne

Brian Vendig, MJP Wealth Advisors president, joins ‘Power Lunch' to discuss three stocks: Campbell Soup, Toll Brothers and SentinelOne.

Other symbols: STOL
4 months ago - CNBC Television

Midday Movers: Campbell Soup Boosted by Price Hikes, Brown-Forman Falls on Forecast

U.S. equities were higher at midday as new reports showed labor costs fell and productivity increased more than anticipated, while private sector hiring tracked by payroll provider ADP came in below e...

4 months ago - Investopedia

Campbell Soup CEO on Q1 earnings beat

Campbell Soup CEO Mark Clouse joins 'Squawk on the Street' to discuss what the chief executive sees from the consumer this holiday period, the company's margins during the quarter, and more.

4 months ago - CNBC Television

Campbell Soup Sales Fall but the Stock Climbs Anyway

Campbell expects fiscal 2024 adjusted earnings to be between $3.09 a share to $3.15 a share, which is above analyst's estimates.

4 months ago - Barrons

CampBell Soup says it may outpace Wall Street profit estimate for 2024

CampBell Soup Co.'s stock CPB, -1.56% was up by 0.6% in premarket trades on Wednesday after the company said it may outpace analyst estimates for 2024 earnings per share. Campbell Soup said its first-...

4 months ago - Market Watch

Campbell Reports First-Quarter Fiscal 2024 Results

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today reported results for its first-quarter fiscal 2024 ended October 29, 2023. CEO Comments “Our first-quarter results were in line wi...

4 months ago - Business Wire