DA Davidson Reaffirms “Neutral” Rating for Campbell’s (NASDAQ:CPB)

Campbell’s (NASDAQ:CPB)‘s stock had its “neutral” rating reiterated by stock analysts at DA Davidson in a research note issued on Thursday,Benzinga reports. They currently have a $30.00 target price on the stock. DA Davidson’s price objective points to a potential upside of 4.77% from the company’s current price.

Several other research firms also recently commented on CPB. Wells Fargo & Company lowered their price objective on shares of Campbell’s from $31.00 to $30.00 and set an “equal weight” rating for the company in a research note on Wednesday. Zacks Research upgraded Campbell’s from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. JPMorgan Chase & Co. started coverage on shares of Campbell’s in a research note on Wednesday, August 20th. They set a “neutral” rating and a $33.00 price objective for the company. Royal Bank Of Canada cut their price objective on shares of Campbell’s from $35.00 to $30.00 and set a “sector perform” rating on the stock in a research note on Wednesday. Finally, Bank of America upped their price target on shares of Campbell’s from $29.00 to $30.00 and gave the company an “underperform” rating in a report on Thursday, September 4th. Three analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, Campbell’s currently has a consensus rating of “Reduce” and a consensus target price of $32.59.

Campbell’s Stock Up 1.6%

NASDAQ:CPB traded up $0.46 during mid-day trading on Thursday, hitting $28.64. 3,841,351 shares of the company’s stock traded hands, compared to its average volume of 4,884,113. The company has a fifty day moving average of $30.53 and a 200 day moving average of $31.79. The company has a debt-to-equity ratio of 1.54, a quick ratio of 0.28 and a current ratio of 0.82. Campbell’s has a twelve month low of $27.85 and a twelve month high of $43.85. The company has a market capitalization of $8.52 billion, a P/E ratio of 14.85, a P/E/G ratio of 9.93 and a beta of -0.05.

Campbell’s (NASDAQ:CPB) last issued its quarterly earnings results on Tuesday, December 9th. The company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.73 by $0.04. Campbell’s had a return on equity of 21.84% and a net margin of 5.69%.The business had revenue of $2.68 billion for the quarter. The business’s revenue for the quarter was down 3.4% compared to the same quarter last year. Campbell’s has set its FY 2026 guidance at 2.400-2.550 EPS. On average, analysts forecast that Campbell’s will post 3.15 EPS for the current year.

Institutional Trading of Campbell’s

A number of institutional investors and hedge funds have recently modified their holdings of CPB. Ameritas Advisory Services LLC acquired a new position in Campbell’s during the second quarter worth about $25,000. Stance Capital LLC acquired a new position in Campbell’s during the third quarter worth $27,000. ORG Partners LLC increased its stake in shares of Campbell’s by 77.3% in the 2nd quarter. ORG Partners LLC now owns 906 shares of the company’s stock worth $29,000 after acquiring an additional 395 shares during the last quarter. SBI Securities Co. Ltd. raised its holdings in shares of Campbell’s by 66.8% during the 2nd quarter. SBI Securities Co. Ltd. now owns 961 shares of the company’s stock worth $29,000 after acquiring an additional 385 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in shares of Campbell’s by 333.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares during the last quarter. Hedge funds and other institutional investors own 52.35% of the company’s stock.

Campbell’s Company Profile

The Campbell’s Company, formerly known as Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.