13-May-2024
Campbell Declares Quarterly Dividend
Business Wire (Mon, 13-May 5:10 PM ET)
Barclays spotlights 44 stocks to watch if inflation remains sticky
Seeking Alpha News (Sat, 11-May 10:00 AM ET)
Butterfly Separates Bolthouse Farms' Fresh Produce and Premium Fresh Beverage Businesses
Business Wire (Mon, 6-May 9:00 AM ET)
Campbell's Awards $880,000 in Community Impact Grants
Business Wire (Wed, 17-Apr 8:30 AM ET)
Campbell Completes Acquisition of Sovos Brands, Inc.
Business Wire (Tue, 12-Mar 8:35 AM ET)
Grilled Cheese and Tomato Soup Lovers Rejoice! Campbell's Releases Limited-Time Only Flavor
PRNewswire (Thu, 7-Mar 10:00 AM ET)
Campbell Reports Second-Quarter Fiscal 2024 Results
Business Wire (Wed, 6-Mar 7:15 AM ET)
Business Wire (Tue, 5-Mar 8:30 AM ET)
Campbell's and Parks Project Unveil Exclusive 'Winter Warmth' Capsule Collection
PRNewswire (Thu, 22-Feb 11:00 AM ET)
Campbell to Report Second Quarter Fiscal 2024 Results on March 6, 2024
Business Wire (Wed, 21-Feb 8:30 AM ET)
Over the past 150-plus years, Campbell Soup has evolved into a leading packaged food manufacturer in North America, with a portfolio that extends beyond its iconic red-and-white labeled canned soup. In fiscal 2023, snacks accounted for half of its revenue (50%), followed by soup (29%), other simple meals (13%), and beverages (8%). Outside its namesake, its brands include Pepperidge Farm, Goldfish, Snyder's of Hanover, Swanson, Pacific Foods, Prego, Pace, V8, and recently acquired Rao's (closed in March 2024). Nearly 90% of its revenue results from the US and the remainder from Canada and Latin America.
Campbell Soup Company trades on the NYSE stock market under the symbol CPB.
As of May 13, 2024, CPB stock price climbed to $46.23 with 1,829,342 million shares trading.
CPB has a beta of 0.09, meaning it tends to be less sensitive to market movements. CPB has a correlation of 0.00 to the broad based SPY ETF.
CPB has a market cap of $13.78 billion. This is considered a Large Cap stock.
Last quarter Campbell Soup Company reported $2 billion in Revenue and $.80 earnings per share. This beat revenue expectation by $16 million and exceeded earnings estimates by $.03.
In the last 3 years, CPB stock traded as high as $57.78 and as low as $37.94.
The top ETF exchange traded funds that CPB belongs to (by Net Assets): MOAT, VTI, VOO, VO, RSP.
CPB stock has underperformed the market in the last year with a return of -12.2%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CPB shares. However, CPB has outperformed the market in the last 3 month and 2 week periods, returning +11.0% and +3.1%, while SPY returned +4.3% and +2.5%, respectively. This indicates CPB has been having a stronger performance recently.
CPB support price is $45.39 and resistance is $46.51 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CPB stock will trade within this expected range on the day.