Campbell Soup (NYSE:CPB) Updates FY25 Earnings Guidance

Campbell Soup (NYSE:CPB) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $3.12-3.22 for the period, compared to the consensus EPS estimate of $3.22. The company issued revenue guidance of +9-11% yr/yr to ~$10.50-10.70 billion, compared to the consensus revenue estimate of $10.51 billion. Campbell Soup also updated its FY 2025 guidance to 3.120-3.220 EPS.

Campbell Soup Stock Up 0.7 %

NYSE:CPB traded up $0.35 on Friday, reaching $49.60. 367,986 shares of the stock traded hands, compared to its average volume of 2,623,464. The company has a current ratio of 0.62, a quick ratio of 0.24 and a debt-to-equity ratio of 1.47. The company has a market capitalization of $14.81 billion, a price-to-earnings ratio of 20.11, a PEG ratio of 2.90 and a beta of 0.16. Campbell Soup has a 12 month low of $37.94 and a 12 month high of $50.99. The company’s fifty day simple moving average is $47.35 and its 200 day simple moving average is $45.08.

Campbell Soup (NYSE:CPB) last posted its quarterly earnings results on Thursday, August 29th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.01. Campbell Soup had a return on equity of 23.26% and a net margin of 7.85%. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.31 billion. During the same quarter in the previous year, the business earned $0.50 earnings per share. The company’s revenue was up 10.9% on a year-over-year basis. Equities analysts predict that Campbell Soup will post 3.08 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on CPB shares. Stifel Nicolaus restated a hold rating and set a $45.00 price objective on shares of Campbell Soup in a research report on Tuesday. DA Davidson increased their price target on Campbell Soup from $47.00 to $49.00 and gave the company a buy rating in a report on Monday, June 10th. Sanford C. Bernstein upgraded Campbell Soup from an underperform rating to a market perform rating and raised their price target for the stock from $42.00 to $46.00 in a research note on Wednesday, May 15th. Royal Bank of Canada reiterated a sector perform rating and set a $47.00 price objective on shares of Campbell Soup in a research report on Tuesday. Finally, Citigroup increased their target price on Campbell Soup from $41.00 to $42.00 and gave the company a sell rating in a report on Thursday, May 23rd. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Campbell Soup currently has a consensus rating of Hold and a consensus price target of $47.23.

About Campbell Soup

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.