Campbell Soup Co. (NASDAQ: CPB) is 9.02% higher on its value in year-to-date trading and has touched a low of $37.94 and a high of $52.81 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CPB stock was last observed hovering at around $47.35 in the last trading session, with the day’s loss setting it -0.22%.
Currently trading at $47.13, the stock is -5.48% and -4.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.45 million and changing -0.46% at the moment leaves the stock 3.61% off its SMA200. CPB registered 20.32% gain for a year compared to 6-month gain of 7.80%. The firm has a 50-day simple moving average (SMA 50) of $49.5994 and a 200-day simple moving average (SMA200) of $45.5035.
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The stock witnessed a -9.17% loss in the last 1 month and extending the period to 3 months gives it a 3.86%, and is -3.66% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.56% over the week and 1.89% over the month.
Campbell Soup Co. (CPB) has around 14400 employees, a market worth around $14.05B and $9.64B in sales. Current P/E ratio is 24.87 and Fwd P/E is 13.94. Profit margin for the company is 5.88%. Distance from 52-week low is 24.22% and -10.75% from its 52-week high. The company has generated returns on investments over the last 12 months (5.77%).
with sales reaching $2.8B over the same period.The EPS is expected to grow by 3.22% this year, but quarterly earnings will post 9.60% year-over-year.
Campbell Soup Co. (CPB) Top Institutional Holders
928.0 institutions hold shares in Campbell Soup Co. (CPB), with institutional investors hold 88.08% of the company’s shares. The shares outstanding are 298.00M, and float is at 196.60M with Short Float at 8.12%. Institutions hold 56.74% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.03 million shares valued at $1.04 billion. The investor’s holdings represent 7.7278% of the CPB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 17.97 million shares valued at $811.89 million to account for 6.0289 of the shares outstanding. The other top investors are STATE STREET CORP which holds 9.75 million shares representing 3.272% and valued at over $440.62 million, while VAN ECK ASSOCIATES CORP holds 2.9228 of the shares totaling 8.71 million with a market value of $393.6 million.
Campbell Soup Co. (CPB) Insider Activity
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Campbell Soup Co. disclosed in a document filed with the SEC on Oct 01 ’24 that Polomski Stanley (Senior VP and Controller) sold a total of 13,440 shares of the company’s common stock. The trade occurred on Oct 01 ’24 and was made at $48.34 per share for $0.65 million. Following the transaction, the insider now directly holds 39099.0 shares of the CPB stock.
Still, SEC filings show that on Oct 01 ’24, Stanley Polomski (Officer) Proposed Sale 13,440 shares at an average price of $48.34 for $0.65 million. The insider now directly holds shares of Campbell Soup Co. (CPB).
