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Time To Be Careful With Campbell Soup Company (CPB) Stock

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Citigroup raised the price target for the Campbell Soup Company (NYSE:CPB) stock to “a Neutral”. The rating was released on October 19, 2020. We previously noted in another research note published on September 04, 2020 by Wells Fargo that reiterated the stock to an Equal weight with a price target of $53 for CPB stock. The research report from Jefferies has upgraded the stock from Hold to Buy, with a price target set at $59. The stock was resumed by Morgan Stanley, who disclosed in a research note on April 20, 2020, to Equal-Weight and set the price objective to $51. In their research brief published April 15, 2020, Piper Sandler analysts upgraded the Campbell Soup Company stock from Neutral to Overweight with a price target of $55.

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Historical Earnings Surprises and Revenue Forecasts

Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $0.84 during the last quarter as opposed to a consensus estimate of $0.84, which indicates the company missed its estimate by $0, which implies that the company surprised the market by 0.00%. It appears that the average earnings per share estimate for the current quarter (ending in Apr 2021) is $0.66. This is an average of 16 analysts’ earnings, where the high earnings per share estimate is $0.74 and the low earnings per share estimate is $0.62. According to 12 analyst estimates, an average revenue estimate of $1.99B is projected for the current quarter with a high revenue estimate of $2.05B and a low estimate of $1.93B.

The latest trade, Performances and Moving Averages give us the following Picture

The share price of Campbell Soup Company (NYSE:CPB) dipped -1.53% to close Friday’s market session at $48.77, lower as compared to yesterday’s close. The stock price fluctuated between $48.54 and $49.48 throughout the trading session with the volume trading being 1938686 shares, which represented a significant variation when compared to the three months average volume of 2.36 million shares. The firm’s stock price fluctuated -1.28% within the last five trades and 0.00% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 2.14% in the last 6 months and 4.70% was added to its value over the previous 3 months. CPB stock is trading at a margin of -1.90%, 1.04% and 0.56% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

As of the close of trading, CPB deals in the Consumer Defensive domain. The stock is trading -9.82 percent below its 52-week high and 9.52 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -1.69. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does Campbell Soup Company’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at 15.40 percent and the profit margin is 9.00 percent, and the company has reported a gross margin of 35.10 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $15.01 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Campbell Soup Company (NYSE:CPB) is 18.41. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 15.95. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 1.67 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 5.06, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.10 percent of Campbell Soup Company shares are owned by insiders, and 54.30 percent are held by financial institutions. Slavtcheff Craig, the Executive Vice President at Campbell Soup Company (CPB) has sold 7,000 shares of firm on Mar 17 at a price of $48.88 against the total amount of $0.34 million. In another inside trade, Polomski Stanley, Vice President and Controller of Campbell Soup Company (NYSE:CPB) sold 6,075 shares of the firm on Oct 08 for a total worth of $0.29 million at a price of $48.07.

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