Campbells Co (NASDAQ: CPB) is -0.33% lower on its value in year-to-date trading and has touched a low of $40.26 and a high of $52.81 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CPB stock was last observed hovering at around $42.03 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $41.74, the stock is -1.20% and -5.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.99 million and changing -0.69% at the moment leaves the stock -9.30% off its SMA200. CPB registered -6.27% loss for a year compared to 6-month gain of -7.49%. The firm has a 50-day simple moving average (SMA 50) of $44.216 and a 200-day simple moving average (SMA200) of $46.02025.
The stock witnessed a -8.32% loss in the last 1 month and extending the period to 3 months gives it a -11.74%, and is 0.05% up 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 1.29% over the week and 1.71% over the month.
Campbells Co (CPB) has around 14400 employees, a market worth around $12.36B and $9.89B in sales. Current P/E ratio is 22.73 and Fwd P/E is 12.57. Profit margin for the company is 5.57%. Distance from 52-week low is 3.68% and -20.95% from its 52-week high. The company has generated returns on investments over the last 12 months (5.09%).
The EPS is expected to grow by 1.79% this year.
Campbells Co (CPB) Top Institutional Holders
953.0 institutions hold shares in Campbells Co (CPB), with institutional investors hold 85.48% of the company’s shares. The shares outstanding are 298.00M, and float is at 196.32M with Short Float at 7.45%. Institutions hold 55.43% 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.
Campbells Co (CPB) Insider Activity
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Still, SEC filings show that on Oct 03 ’24, ANTHONY SANZIO (Officer) Proposed Sale 4,000 shares at an average price of $46.88 for $0.19 million. The insider now directly holds shares of Campbells Co (CPB).
