Campbell Soup (CPB) Getting Somewhat Positive News Coverage, Analysis Shows

News stories about Campbell Soup (NYSE:CPB) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Campbell Soup earned a news impact score of 0.20 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.2363788051685 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:

Campbell Soup (NYSE CPB) traded down $0.07 on Thursday, reaching $45.75. 1,562,200 shares of the company’s stock were exchanged, compared to its average volume of 2,650,000. The company has a quick ratio of 0.39, a current ratio of 0.77 and a debt-to-equity ratio of 1.34. The stock has a market cap of $13,750.00, a P/E ratio of 16.00, a price-to-earnings-growth ratio of 3.72 and a beta of 0.39. Campbell Soup has a 1 year low of $44.99 and a 1 year high of $64.23.

Campbell Soup (NYSE:CPB) last posted its quarterly earnings data on Tuesday, November 21st. The company reported $0.92 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.97 by ($0.05). The firm had revenue of $2.16 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Campbell Soup had a return on equity of 56.88% and a net margin of 11.08%. Campbell Soup’s revenue was down 1.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.00 earnings per share. sell-side analysts forecast that Campbell Soup will post 2.95 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 29th. Shareholders of record on Wednesday, January 10th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date of this dividend is Tuesday, January 9th. Campbell Soup’s dividend payout ratio is 48.95%.

Campbell Soup declared that its board has initiated a share buyback program on Monday, December 18th that permits the company to buyback outstanding shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Several analysts have recently commented on CPB shares. Royal Bank of Canada set a $56.00 price objective on shares of Campbell Soup and gave the stock a “hold” rating in a research report on Wednesday, October 25th. UBS Group reduced their price objective on shares of Campbell Soup from $46.00 to $42.00 and set a “sell” rating for the company in a research report on Thursday, November 9th. Credit Suisse Group set a $41.00 price objective on shares of Campbell Soup and gave the stock a “sell” rating in a research report on Friday, November 24th. Piper Jaffray Companies set a $49.00 price objective on shares of Campbell Soup and gave the stock a “hold” rating in a research report on Tuesday, November 28th. Finally, Citigroup reaffirmed a “neutral” rating and set a $54.00 price objective (up previously from $50.00) on shares of Campbell Soup in a research report on Wednesday, December 20th. Seven equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. Campbell Soup currently has an average rating of “Hold” and a consensus target price of $49.83.

In other news, Director Randall W. Larrimore sold 2,242 shares of Campbell Soup stock in a transaction on Thursday, December 27th. The stock was sold at an average price of $48.69, for a total transaction of $109,162.98. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Carlos Barroso sold 4,300 shares of Campbell Soup stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $48.86, for a total value of $210,098.00. Following the sale, the senior vice president now owns 29,119 shares in the company, valued at $1,422,754.34. The disclosure for this sale can be found here. Insiders have sold a total of 15,284 shares of company stock worth $741,399 over the last ninety days. Insiders own 37.20% of the company’s stock.

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Campbell Soup Company Profile

Campbell Soup Company is a food company, which manufactures and markets food products. The Company’s segments include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh. The Americas Simple Meals and Beverages segment includes the retail and food service channel businesses.

Insider Buying and Selling by Quarter for Campbell Soup (NYSE:CPB)

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