Campbell’s FY2027 EPS Forecast Reduced by Zacks Research

The Campbell’s Company (NASDAQ:CPB) – Analysts at Zacks Research cut their FY2027 earnings per share estimates for shares of Campbell’s in a research note issued on Wednesday, March 25th. Zacks Research analyst Team now anticipates that the company will earn $2.26 per share for the year, down from their previous estimate of $2.59. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Campbell’s’ current full-year earnings is $3.15 per share. Zacks Research also issued estimates for Campbell’s’ FY2028 earnings at $2.35 EPS.

Campbell’s (NASDAQ:CPB) last released its earnings results on Wednesday, March 11th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.06). The firm had revenue of $2.56 billion during the quarter. Campbell’s had a net margin of 5.48% and a return on equity of 19.96%. The firm’s revenue for the quarter was down 4.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.74 EPS. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS.

Several other brokerages have also issued reports on CPB. Barclays decreased their price target on shares of Campbell’s from $27.00 to $23.00 and set an “underweight” rating for the company in a research note on Thursday, March 12th. Stephens dropped their price objective on shares of Campbell’s from $40.00 to $38.00 and set an “overweight” rating on the stock in a research note on Monday, December 8th. Royal Bank Of Canada cut their price objective on shares of Campbell’s from $30.00 to $26.00 and set a “sector perform” rating on the stock in a report on Thursday, March 12th. Wells Fargo & Company downgraded shares of Campbell’s from an “equal weight” rating to an “underweight” rating and decreased their target price for the company from $28.00 to $20.00 in a research note on Thursday, March 12th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $26.00 target price on shares of Campbell’s in a report on Monday, March 2nd. Two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $27.47.

Campbell’s Stock Performance

Shares of Campbell’s stock opened at $22.27 on Monday. The company has a current ratio of 1.01, a quick ratio of 0.51 and a debt-to-equity ratio of 1.66. The firm has a market capitalization of $6.64 billion, a P/E ratio of 12.17 and a beta of -0.03. The business has a fifty day simple moving average of $25.53 and a two-hundred day simple moving average of $28.35. Campbell’s has a 12 month low of $20.62 and a 12 month high of $40.59.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CPB. Stance Capital LLC bought a new stake in shares of Campbell’s during the third quarter valued at approximately $27,000. Flagship Harbor Advisors LLC bought a new position in Campbell’s in the 4th quarter valued at approximately $29,000. Sittner & Nelson LLC bought a new position in Campbell’s in the 4th quarter valued at approximately $29,000. Los Angeles Capital Management LLC purchased a new stake in Campbell’s during the 4th quarter valued at $29,000. Finally, Ankerstar Wealth LLC bought a new stake in shares of Campbell’s in the 4th quarter worth $29,000. 52.35% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Anthony Sanzio sold 2,700 shares of the stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $26.51, for a total transaction of $71,577.00. Following the sale, the executive vice president directly owned 25,264 shares of the company’s stock, valued at approximately $669,748.64. This represents a 9.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 19.78% of the company’s stock.

Campbell’s Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, May 4th. Investors of record on Thursday, April 2nd will be paid a $0.39 dividend. The ex-dividend date is Thursday, April 2nd. This represents a $1.56 dividend on an annualized basis and a yield of 7.0%. Campbell’s’s payout ratio is presently 85.25%.

About Campbell’s

Campbell’s (NASDAQ: CPB) is a leading manufacturer of shelf-stable foods and beverages, best known for its iconic soups and broths. Headquartered in Camden, New Jersey, the company offers a diverse portfolio of products designed to meet consumer demand for convenient, affordable meals and snacks. Since its founding in 1869, Campbell’s has grown through a combination of organic innovation and strategic acquisitions to expand its presence in the food industry.

The company’s brand portfolio includes Campbell’s Condensed Soups, V8 juices, Prego pasta sauces, Swanson broths and stocks, Pace salsas and dips, and Pepperidge Farm baked snacks.