Campbell Soup Co. (NYSE: CPB)’s stock price has plunge by 0.97relation to previous closing price of 43.30. Nevertheless, the company has seen a -2.10% plunge in its stock price over the last five trading sessions. Market Watch reported 2024-04-05 that Bonds issued by a group of household name companies are yielding more than 5% following the recent move in Treasurys, offering handy returns for investors with the right time frame.
Is It Worth Investing in Campbell Soup Co. (NYSE: CPB) Right Now?
Campbell Soup Co. (NYSE: CPB) has a higher price-to-earnings ratio of 17.09x compared to its average ratio. CPB has 36-month beta value of 0.23. Analysts have mixed views 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 float. The average trading volume of CPB on April 09, 2024 was 2.80M shares.
CPB’s Market Performance
CPB’s stock has seen a -2.10% decrease for the week, with a 3.92% rise in the past month and a 0.25% gain in the past quarter. The volatility ratio for the week is 2.05%, and the volatility levels for the past 30 days are at 1.78% for Campbell Soup Co. The simple moving average for the past 20 days is 0.81% for CPB’s stock, with a 2.02% simple moving average for the past 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 1.35% 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 -21.98% of loss for the given period.
Volatility was left at 1.78%, however, over the last 30 days, the volatility rate increased by 2.05%, as shares surge +3.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.18% lower at present.
During the last 5 trading sessions, CPB fell by -2.10%, which changed the moving average for the period of 200-days by -4.29% in comparison to the 20-day moving average, which settled at $43.44. In addition, Campbell Soup Co. saw 1.13% 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 250 shares at the price of $43.75 back on Apr 04 ’24. After this action, Sanzio Anthony now owns 13,988 shares of Campbell Soup Co., valued at $10,938 using the latest closing price.
Sanzio Anthony, the Executive Vice President of Campbell Soup Co., sale 3,000 shares at $44.31 during a trade that took place back on Dec 12 ’23, which means that Sanzio Anthony is holding 14,238 shares at $132,930 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 1.91. 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
To put it simply, Campbell Soup Co. (CPB) has had a mixed performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others as a “hold”. 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.
