Campbell’s (NASDAQ:CPB) Stock Rating Lowered by Zacks Research

Campbell’s (NASDAQ:CPB) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

A number of other equities research analysts have also recently commented on the company. Wells Fargo & Company cut Campbell’s from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $20.00 to $18.00 in a research note on Wednesday, April 8th. Royal Bank Of Canada reduced their price objective on Campbell’s from $23.00 to $21.00 and set a “sector perform” rating for the company in a research note on Tuesday. Stephens cut Campbell’s from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $28.00 to $21.00 in a research note on Monday, June 1st. BNP Paribas Exane reduced their price objective on Campbell’s from $22.00 to $19.00 and set an “underperform” rating for the company in a research note on Thursday, April 9th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Campbell’s in a research report on Thursday, April 2nd. Twelve research analysts have rated the stock with a Hold rating and eight have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $21.88.

Campbell’s Trading Down 0.7%

Shares of CPB stock opened at $22.73 on Wednesday. The company has a market cap of $6.78 billion, a P/E ratio of 11.25 and a beta of 0.02. The stock has a 50 day simple moving average of $20.92 and a two-hundred day simple moving average of $24.71. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.51 and a current ratio of 0.87. Campbell’s has a fifty-two week low of $19.56 and a fifty-two week high of $34.17.

Campbell’s (NASDAQ:CPB) last issued its earnings results on Monday, June 8th. The company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. Campbell’s had a return on equity of 18.04% and a net margin of 6.12%.The business had revenue of $2.37 billion during the quarter. During the same quarter in the previous year, the firm posted $0.22 earnings per share. The company’s revenue for the quarter was down 4.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. Research analysts forecast that Campbell’s will post 2.18 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Stance Capital LLC purchased a new position in Campbell’s in the third quarter worth $27,000. Los Angeles Capital Management LLC purchased a new position in Campbell’s in the fourth quarter worth $29,000. Geneos Wealth Management Inc. boosted its position in Campbell’s by 333.3% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $39,000 after purchasing an additional 750 shares during the last quarter. Sittner & Nelson LLC purchased a new position in Campbell’s in the fourth quarter worth $29,000. Finally, Flagship Harbor Advisors LLC purchased a new position in Campbell’s in the fourth quarter worth $29,000. Hedge funds and other institutional investors own 52.35% of the company’s stock.

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.