Campbell Soup Co. (NYSE: CPB)’s stock price has gone rise by 0.47 in comparison to its previous close of 44.45, however, the company has experienced a 2.55% increase in its stock price over the last five trading days. Seeking Alpha reported 2024-04-01 that Campbell Soup Company’s stock has seen a significant 18% stock decline over the past year. The company’s profitability performance is strong, with consistent sector-beating and improving profit margins. Campbell Soup trades at a relatively attractive valuation compared to its peers, making it a potential buy, especially for dividend investors.
Is It Worth Investing in Campbell Soup Co. (NYSE: CPB) Right Now?
The price-to-earnings ratio for Campbell Soup Co. (NYSE: CPB) is above average at 17.46x, Company’s 36-month beta value is 0.23.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 10 as “hold,” and 4 as “sell.”
The public float for CPB is 196.68M, and currently, short sellers hold a 7.49% ratio of that floaft. The average trading volume of CPB on April 02, 2024 was 2.80M shares.
CPB’s Market Performance
CPB stock saw an increase of 2.55% in the past week, with a monthly gain of 4.74% and a quarterly increase of 3.88%. The volatility ratio for the week is 1.41%, and the volatility levels for the last 30 days are 1.98% for Campbell Soup Co. (CPB). The simple moving average for the last 20 days is 3.56% for CPB’s stock, with a simple moving average of 4.07% for the last 200 days.
Analysts’ Opinion of CPB
Many brokerage firms have already submitted their reports for CPB stocks, with Evercore ISI repeating the rating for CPB by listing it as a “In-line.” The predicted price for CPB in the upcoming period, according to Evercore ISI is $49 based on the research report published on March 13, 2024 of the current year 2024.
DA Davidson, on the other hand, stated in their research note that they expect to see CPB reach a price target of $48. The rating they have provided for CPB stocks is “Buy” according to the report published on March 01st, 2024.
Citigroup gave a rating of “Sell” to CPB, setting the target price at $41 in the report published on February 01st of the current year.
CPB Trading at 3.57% from the 50-Day Moving Average
After a stumble in the market that brought CPB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.31% of loss for the given period.
Volatility was left at 1.98%, however, over the last 30 days, the volatility rate increased by 1.41%, as shares surge +4.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.17% upper at present.
During the last 5 trading sessions, CPB rose by +2.55%, which changed the moving average for the period of 200-days by -3.44% in comparison to the 20-day moving average, which settled at $43.22. In addition, Campbell Soup Co. saw 3.31% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CPB starting from Sanzio Anthony, who sale 3,000 shares at the price of $44.31 back on Dec 12 ’23. After this action, Sanzio Anthony now owns 14,238 shares of Campbell Soup Co., valued at $132,930 using the latest closing price.
Polomski Stanley, the Senior VP and Controller of Campbell Soup Co., sale 8,000 shares at $43.35 during a trade that took place back on Sep 14 ’23, which means that Polomski Stanley is holding 33,162 shares at $346,767 based on the most recent closing price.
Stock Fundamentals for CPB
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.31 for the gross margin
The net margin for Campbell Soup Co. stands at 0.08. The total capital return value is set at 0.13. Equity return is now at value 20.57, with 6.36 for asset returns.
Based on Campbell Soup Co. (CPB), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 1.19. The interest coverage ratio of the stock is 6.68.
Currently, EBITDA for the company is 1.76 billion with net debt to EBITDA at 2.75. When we switch over and look at the enterprise to sales, we see a ratio of 1.94. The receivables turnover for the company is 14.6for trailing twelve months and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.01.
Conclusion
In a nutshell, Campbell Soup Co. (CPB) has experienced a better performance in recent times. The stock has received mixed “sell” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
