Stifel Nicolaus Has Lowered Expectations for Campbell’s (NASDAQ:CPB) Stock Price

Campbell’s (NASDAQ:CPB) had its target price lowered by Stifel Nicolaus from $25.00 to $20.00 in a report issued on Tuesday,Benzinga reports. The firm currently has a “hold” rating on the stock. Stifel Nicolaus’ target price suggests a potential downside of 5.93% from the company’s current price.

CPB has been the topic of a number of other reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Campbell’s in a report on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft decreased their target price on Campbell’s from $23.00 to $20.00 and set a “hold” rating on the stock in a report on Monday, March 30th. Zacks Research cut Campbell’s from a “hold” rating to a “strong sell” rating in a report on Thursday, March 12th. BNP Paribas Exane decreased their target price on Campbell’s from $22.00 to $19.00 and set an “underperform” rating on the stock in a report on Thursday, April 9th. Finally, UBS Group decreased their target price on Campbell’s from $24.00 to $20.00 and set a “sell” rating on the stock in a report on Friday, March 13th. Two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and eight have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce” and an average target price of $26.50.

Campbell’s Price Performance

NASDAQ CPB opened at $21.26 on Tuesday. The business’s fifty day moving average price is $23.72 and its 200-day moving average price is $27.21. The stock has a market capitalization of $6.34 billion, a price-to-earnings ratio of 11.62 and a beta of 0.03. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.01 and a quick ratio of 0.51. Campbell’s has a 1-year low of $19.76 and a 1-year high of $38.27.

Campbell’s (NASDAQ:CPB) last announced 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). Campbell’s had a return on equity of 19.96% and a net margin of 5.48%.The company had revenue of $2.56 billion during the quarter. During the same quarter in the prior year, the company posted $0.74 earnings per share. The business’s revenue for the quarter was down 4.5% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.150-2.250 EPS. On average, equities analysts predict that Campbell’s will post 2.2 earnings per share for the current year.

Institutional Investors Weigh In On Campbell’s

A number of institutional investors have recently bought and sold shares of the business. Louisiana State Employees Retirement System purchased a new stake in Campbell’s in the 1st quarter worth $223,000. William B. Walkup & Associates Inc. increased its stake in Campbell’s by 24.4% in the 1st quarter. William B. Walkup & Associates Inc. now owns 3,089 shares of the company’s stock worth $69,000 after buying an additional 605 shares in the last quarter. Brown Lisle Cummings Inc. increased its stake in Campbell’s by 21.2% in the 1st quarter. Brown Lisle Cummings Inc. now owns 39,248 shares of the company’s stock worth $874,000 after buying an additional 6,869 shares in the last quarter. First National Bank Sioux Falls increased its stake in Campbell’s by 42.2% in the 1st quarter. First National Bank Sioux Falls now owns 26,458 shares of the company’s stock worth $554,000 after buying an additional 7,853 shares in the last quarter. Finally, SG Americas Securities LLC increased its stake in Campbell’s by 58.4% in the 1st quarter. SG Americas Securities LLC now owns 101,332 shares of the company’s stock worth $2,257,000 after buying an additional 37,345 shares in the last quarter. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Campbell’s Company Profile

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.