Q1 Earnings Forecast for Campbell’s Issued By Zacks Research

The Campbell’s Company (NASDAQ:CPB) – Equities research analysts at Zacks Research dropped their Q1 2027 earnings per share estimates for Campbell’s in a research report issued on Thursday, September 17th. Zacks Research analyst Team now anticipates that the company will post earnings of $0.42 per share for the quarter, down from their prior forecast of $0.65. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for Campbell’s’ current full-year earnings is $1.70 per share. Zacks Research also issued estimates for Campbell’s’ Q1 2028 earnings at $0.50 EPS.

Campbell’s (NASDAQ:CPB) last released its earnings results on Thursday, September 3rd. The company reported $0.39 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.39. The business had revenue of $2.14 billion during the quarter. Campbell’s had a net margin of 4.04% and a return on equity of 16.44%. The business’s revenue for the quarter was down 7.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.62 EPS. Campbell’s has set its FY 2027 guidance at 1.650-1.800 EPS.

CPB has been the subject of a number of other reports. Sanford C. Bernstein reiterated an “underperform” rating and set a $19.00 price target (down from $21.00) on shares of Campbell’s in a report on Tuesday, June 9th. UBS Group boosted their price objective on Campbell’s from $18.00 to $19.00 and gave the company a “sell” rating in a research note on Friday, September 4th. BTIG Research restated a “neutral” rating on shares of Campbell’s in a research report on Friday, September 4th. Stifel Nicolaus lifted their target price on Campbell’s from $20.00 to $22.00 and gave the stock a “hold” rating in a report on Wednesday, July 22nd. Finally, Bank of America dropped their price target on Campbell’s from $20.00 to $18.00 and set an “underperform” rating on the stock in a research note on Tuesday, June 9th. Twelve research analysts have rated the stock with a Hold rating and seven have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $19.88.

Campbell’s Price Performance

Shares of NASDAQ CPB opened at $19.93 on Monday. Campbell’s has a twelve month low of $19.56 and a twelve month high of $34.17. The firm has a fifty day simple moving average of $22.41 and a 200 day simple moving average of $21.85. The company has a market capitalization of $5.94 billion, a PE ratio of 15.21, a P/E/G ratio of 2.43 and a beta of 0.03. The company has a quick ratio of 0.33, a current ratio of 0.82 and a debt-to-equity ratio of 1.60.

Campbell’s Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 1st will be paid a $0.25 dividend. The ex-dividend date is Thursday, October 1st. This represents a $1.00 annualized dividend and a dividend yield of 5.0%. Campbell’s’s dividend payout ratio (DPR) is currently 119.08%.

Institutional Trading of Campbell’s

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its stake in Campbell’s by 23.3% in the first quarter. Dimensional Fund Advisors LP now owns 10,239,231 shares of the company’s stock valued at $228,026,000 after acquiring an additional 1,933,814 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of Campbell’s during the second quarter worth approximately $79,090,000. First Trust Advisors LP raised its position in shares of Campbell’s by 35.0% during the first quarter. First Trust Advisors LP now owns 2,820,793 shares of the company’s stock worth $62,819,000 after purchasing an additional 731,393 shares during the period. Lazard Asset Management LLC bought a new position in shares of Campbell’s in the first quarter valued at $61,261,000. Finally, Cerity Partners LLC raised its holdings in shares of Campbell’s by 190.3% in the 4th quarter. Cerity Partners LLC now owns 2,680,839 shares of the company’s stock worth $74,715,000 after acquiring an additional 1,757,264 shares during the last quarter. 52.35% of the stock is owned by institutional investors.

About Campbell’s

Campbell’s (NASDAQ: CPB) is a branded food company that develops, produces and markets packaged meals, beverages and snacks. Its portfolio includes soups, sauces, pasta products, frozen meals, dips, crackers, cookies and yogurt.

The company’s brands include Campbell’s, Goldfish, Pepperidge Farm, V8, Prego, Pace, Swanson, Rao’s, Michael Angelo’s and noosa. Products are sold primarily through grocery stores, mass merchants, club stores, convenience stores, food-service distributors and e-commerce channels.

Founded in 1869 by Joseph A.