Campbell Soup Company (CPB)

NASDAQ: CPB · Real-Time Price · USD
49.72
+0.47 (0.95%)
Aug 30, 2024, 4:00 PM EDT - Market closed
0.95%
Market Cap 14.84B
Revenue (ttm) 9.64B
Net Income (ttm) 567.00M
Shares Out 298.55M
EPS (ttm) 1.89
PE Ratio 26.31
Forward PE 15.68
Dividend $1.48 (2.98%)
Ex-Dividend Date Jul 3, 2024
Volume 2,971,762
Open 49.01
Previous Close 49.25
Day's Range 49.01 - 49.93
52-Week Range 37.94 - 50.99
Beta 0.16
Analysts Hold
Price Target 46.80 (-5.87%)
Earnings Date Aug 29, 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 NASDAQ
Ticker Symbol CPB
Full Company Profile

Financial Performance

In 2024, CPB'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 15 analysts, the average rating for CPB stock is "Hold." The 12-month stock price forecast is $46.8, which is a decrease of -5.87% from the latest price.

Price Target
$46.8
(-5.87% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Campbell Soup Company (CPB) Q4 2024 Earnings Call Transcript

Campbell Soup Company (NASDAQ:CPB) Q4 2024 Earnings Conference Call August 29, 2024 8:00 AM ET Company Participants Rebecca Gardy - Chief IR Officer Mark Clouse - CEO Carrie Anderson - CFO Conference...

2 days ago - Seeking Alpha

CORRECTING and REPLACING Campbell Reports Fourth-Quarter Fiscal 2024 Results; Provides Full-Year Fiscal 2025 Guidance

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NASDAQ:CPB) - Earlier today, Campbell issued its fourth quarter earnings press release. The purpose of this press release is to correct one error ...

2 days ago - Business Wire

Campbell Soup forecasts annual sales above estimates on steady demand

Campbell Soup Co forecast annual sales above Wall Street expectations on Thursday, betting on benefits from several quarters worth of price hikes as well as steady demand for its soups and ready-to-ea...

2 days ago - Reuters

Campbell Reports Fourth-Quarter Fiscal 2024 Results; Provides Full-Year Fiscal 2025 Guidance

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NASDAQ:CPB) today reported results for its fourth-quarter and full-year fiscal 2024 ended July 28, 2024. Unless otherwise stated, all comparisons ...

2 days ago - Business Wire

Campbell Sells Pop Secret Business to Our Home

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NASDAQ:CPB) today announced the completed sale of the Pop Secret popcorn business to Our Home, an independent better-for-you snack company. Terms ...

5 days ago - Business Wire

Food Sector M&A Is Heating Up, Gabelli Fund Manager Says: Watch For BellRing Brands, Campbell Soup

The food industry is ripe for consolidation now that the Federal Reserve is expected to cut interest rates in September.

Other symbols: BRBR
5 days ago - Benzinga

Campbell Soup Is A Growing Sauce Player After Sovos Acquisition

Campbell Soup Company has risen almost 14% in price since January, following the acquisition of Sovos Brands for $2.7 billion. The acquisition makes Campbell Soup a major player in the sauce market, s...

13 days ago - Seeking Alpha

Campbell to Report Fourth-Quarter and Full-Year Fiscal 2024 Results on August 29, 2024

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today announced that it will report its fourth-quarter and full-year fiscal 2024 financial results on August 29, 2024. Mark Clouse, Pres...

17 days ago - Business Wire

Campbell to Transfer Stock Exchange Listing to Nasdaq

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today announced that it will transfer its stock exchange listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Mar...

4 weeks ago - Business Wire

Campbell Names Jill Pratt Senior Vice President, Chief Marketing Officer, Meals & Beverages

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) today announced the appointment of Jill Pratt as Senior Vice President, Chief Marketing Officer of its Meals & Beverages division, effe...

4 weeks ago - Business Wire

24 Barron's Pro-Picked 2024 Mid-Year Dividend Dogs: Buy 2 In July

Barron's Mid-Year 2024 Pro Picks revealed by panelists for potential investment opportunities. Barron's interviews of eleven financial industry Roundtable-pros tapped 48 predictions. Twelve non-ADR fo...

5 weeks ago - Seeking Alpha

Kimberly-Clark Names Craig Slavtcheff Chief Research and Development Officer

Robert Long to retire after 45 distinguished years in CPG DALLAS , July 16, 2024 /PRNewswire/ -- Kimberly-Clark (NYSE: KMB) today announced that Craig Slavtcheff has been appointed Chief Research and ...

Other symbols: KMB
6 weeks ago - PRNewsWire

Going Beyond Morningstar's 10 Best Value Stocks List

Morningstar published 10 Best Value Stocks to Buy for the Long Term, undervalued blue-chip stocks with low price to fair value. Valuation and future return of each stock analyzed, compared to the S&P ...

2 months ago - Seeking Alpha

Campbell Soup CEO talks 'positive' acquisition of Sovos Brands

The Campbell Soup Company (CPB) posted its third quarter earnings, revealing a 6% year-over-year increase in net sales that totaled $2.23 billion. The company says the sales were due in part to its ac...

3 months ago - Yahoo Finance

Campbell reported solid results, but management gave not-so-hot guidance, says Jim Cramer

'Mad Money' host Jim Cramer looks at the recent performance of packaged food stocks and gauges how well the stocks will perform in a cooling economy.

3 months ago - CNBC Television

Jim Cramer names packaged food stocks likely to do well in a slower economy

CNBC's Jim Cramer on Friday told investors which packaged food stocks might be good additions to their portfolios, especially if the economy is headed for a slowdown. He pinpointed Campbell Soup and J...

Other symbols: SJM
3 months ago - CNBC

Campbell Soup: Mixed Q3 Results And Long-Term Debt Reduction Leave Shares Unattractive

Campbell Soup shares have underperformed due to elevated food inflation and constrained consumer sentiment and volumes. The acquisition of Sovos Brands will boost sales, but it will take time to reduc...

3 months ago - Seeking Alpha

Campbell Soup (CPB) Tops Earnings & Revenue Estimates, Raises FY24 Guidance

Campbell Soup (CPB) tops earnings and revenue estimates and raises its FY24 guidance. Morningstar's Erin Lash and Runnymede Capital Management's Andrew Wang discuss Campbell Soup's earnings.

3 months ago - Schwab Network

Three-Stock Lunch: Hewlett Packard Enterprise, Campbell Soup & Lululemon

Boris Schlossberg, BK Asset Management managing director of FX strategy, joins 'Power Lunch' to discuss plays for three stocks, including Hewlett Packard, Campbell Soup, and Lululemon.

Other symbols: HPELULU
3 months ago - CNBC Television

Campbell Soup's Food and Beverage Sales Help Offset Slide in Snacks

Campbell Soup (CPB) reported third-quarter revenue that beat analysts' estimates on the strength of its food and beverage sales, though the food giant's snack sales dropped as economic pressures affec...

3 months ago - Investopedia

Campbell Soup Company (CPB) Q3 2024 Earnings Call Transcript

Campbell Soup Company (NYSE:CPB) Q3 2024 Earnings Call Transcript June 5, 2024 8:00 AM ET Company Participants Rebecca Gardy - Chief IR Officer Mark Clouse - CEO Carrie Anderson - CFO Conference Call...

3 months ago - Seeking Alpha

Campbell Soup's stock gains after profit and earnings beat expectations, boosted strength in meals and beverages

Shares of Campbell Soup Co. CPB, -0.09% climbed 1.4% in premarket trading Wednesday, after the canned soup, foods and snacks company reported fiscal third-quarter profit and sales that beat expectatio...

3 months ago - Market Watch

Campbell Soup lifts annual net sales forecast as demand recovers

Campbell Soup on Wednesday raised its forecast for annual net sales growth, banking on a recovery in demand for its ready-to-eat soups and meals and from its acquisition of Rao's sauce maker Sovos Bra...

3 months ago - Reuters

Campbell Reports Third-Quarter Fiscal 2024 Results

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE:CPB) today reported results for its third-quarter fiscal 2024 ended April 28, 2024. Unless otherwise stated, all comparisons are to the same ...

3 months ago - Business Wire

Campbell's Management to Participate in the Evercore ISI Consumer & Retail Conference

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...

3 months ago - Business Wire