Analysts Offer Predictions for Campbell’s Q2 Earnings

The Campbell’s Company (NASDAQ:CPB) – Zacks Research lowered their Q2 2027 earnings per share estimates for Campbell’s in a research report issued on Thursday, September 17th. Zacks Research analyst Team now expects that the company will post earnings per share of $0.43 for the quarter, down from their prior estimate of $0.46. Zacks Research 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’ Q3 2027 earnings at $0.44 EPS, Q4 2027 earnings at $0.42 EPS, FY2027 earnings at $1.71 EPS, Q2 2028 earnings at $0.44 EPS, Q3 2028 earnings at $0.47 EPS, Q4 2028 earnings at $0.46 EPS, FY2028 earnings at $1.86 EPS and FY2029 earnings at $1.96 EPS.

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

A number of other research analysts have also issued reports on the company. Jefferies Financial Group reduced their price target on Campbell’s from $22.00 to $20.00 and set a “hold” rating for the company in a research report on Thursday, September 3rd. JPMorgan Chase & Co. raised their price objective on shares of Campbell’s from $20.00 to $22.00 and gave the company a “neutral” rating in a research note on Tuesday, August 18th. Evercore set a $21.00 price target on Campbell’s in a research note on Monday. William Blair began coverage on Campbell’s in a report on Tuesday, June 23rd. They issued a “market perform” rating for the company. Finally, Bank of America decreased their price target on shares of Campbell’s from $20.00 to $18.00 and set an “underperform” rating on the stock in a research report on Tuesday, June 9th. Twelve analysts have rated the stock with a Hold rating and seven have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $19.88.

Campbell’s Stock Performance

CPB opened at $21.18 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.33 and a debt-to-equity ratio of 1.60. The business’s 50 day moving average is $22.48 and its 200-day moving average is $21.93. The stock has a market cap of $6.32 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 2.52 and a beta of 0.03. Campbell’s has a twelve month low of $19.56 and a twelve month high of $34.17.

Campbell’s Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Thursday, October 1st will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend is Thursday, October 1st. Campbell’s’s dividend payout ratio is currently 119.08%.

Hedge Funds Weigh In On Campbell’s

Several institutional investors and hedge funds have recently bought and sold shares of the business. Core Capital Management & Research inc. acquired a new position in shares of Campbell’s in the 2nd quarter valued at about $323,000. Sequoia Financial Advisors LLC acquired a new stake in shares of Campbell’s during the second quarter worth approximately $388,000. Tidal Investments LLC boosted its holdings in shares of Campbell’s by 19.1% during the second quarter. Tidal Investments LLC now owns 191,257 shares of the company’s stock worth $4,259,000 after purchasing an additional 30,637 shares during the period. NewEdge Advisors LLC grew its position in Campbell’s by 139.7% during the second quarter. NewEdge Advisors LLC now owns 250,443 shares of the company’s stock valued at $5,577,000 after purchasing an additional 145,967 shares in the last quarter. Finally, IFP Advisors Inc grew its position in Campbell’s by 31.3% during the second quarter. IFP Advisors Inc now owns 7,198 shares of the company’s stock valued at $160,000 after purchasing an additional 1,715 shares in the last quarter. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Key Stories Impacting Campbell’s

Here are the key news stories impacting Campbell’s this week:

• Positive Sentiment: Zacks raised select quarterly EPS forecasts, including Q3 2027 to $0.44 from $0.43 and Q4 2027 to $0.42 from $0.39. Estimates for Q3 and Q4 2028 were also increased modestly, suggesting some expectations for improvement in later periods.
• Positive Sentiment: Campbell extended its credit facility to approximately $1.85 billion, helping preserve liquidity and financial flexibility. Campbell Soup Extends $1.85 Billion Credit Facility
• Neutral Sentiment: Zacks’ current-year EPS consensus remains $1.70, broadly consistent with the company’s recent earnings outlook. However, Campbell’s latest reported quarter showed revenue down 7.9% year over year and EPS of $0.39, underscoring ongoing operating challenges.
• Negative Sentiment: Zacks cut its FY2027 EPS forecast to $1.71 from $1.92 and its FY2028 forecast to $1.86 from $2.07. It also lowered Q2 2027 EPS to $0.43 from $0.46 and Q2 2028 EPS to $0.44 from $0.51.
• Negative Sentiment: The estimate reductions indicate weaker expected earnings momentum despite modest increases in other quarters. The negative outlook is more significant given Campbell’s elevated leverage, with a debt-to-equity ratio of 1.60 and a current ratio below 1.0, which may amplify investor concerns about financial flexibility.

Campbell’s Company Profile

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.