EPS for Campbell Soup Company (CPB) Expected At $0.70

November 10, 2018 - By Nellie Frank

Campbell Soup Company (NYSE:CPB) LogoInvestors sentiment decreased to 1.04 in 2018 Q2. Its down 0.21, from 1.25 in 2018Q1. It worsened, as 57 investors sold Campbell Soup Company shares while 145 reduced holdings. 70 funds opened positions while 141 raised stakes. 160.89 million shares or 12.61% more from 142.87 million shares in 2018Q1 were reported.
Obermeyer Wood Investment Counsel Lllp reported 0.02% in Campbell Soup Company (NYSE:CPB). Kentucky Retirement holds 8,169 shares or 0.03% of its portfolio. Kessler Invest Group Llc reported 0.49% in Campbell Soup Company (NYSE:CPB). Legal And General Group Public Limited holds 0.03% or 1.08 million shares in its portfolio. Tru Department Mb Financial Bank N A has 1,312 shares for 0.01% of their portfolio. Daiwa Gp accumulated 0.01% or 16,119 shares. 6,290 were reported by Haverford Tru Company. 185,910 are owned by Canada Pension Plan Board. Piedmont Ltd Llc stated it has 0% in Campbell Soup Company (NYSE:CPB). Texas Permanent School Fund invested 0.03% in Campbell Soup Company (NYSE:CPB). Amica Mutual Insur owns 6,943 shares. Ameritas Invest Prtnrs holds 0.01% or 3,862 shares. Blackrock Inc invested 0.03% in Campbell Soup Company (NYSE:CPB). Tci Wealth Advsr holds 0% or 49 shares in its portfolio. Rand Wealth Limited Liability owns 11,750 shares for 0.05% of their portfolio.

Since June 6, 2018, it had 1 buy, and 0 sales for $66,431 activity.

Analysts expect Campbell Soup Company (NYSE:CPB) to report $0.70 EPS on November, 20.They anticipate $0.22 EPS change or 23.91 % from last quarter’s $0.92 EPS. CPB’s profit would be $210.47M giving it 13.92 P/E if the $0.70 EPS is correct. After having $0.25 EPS previously, Campbell Soup Company’s analysts see 180.00 % EPS growth. The stock increased 2.02% or $0.77 during the last trading session, reaching $38.97. About 2.64 million shares traded. Campbell Soup Company (NYSE:CPB) has declined 15.01% since November 10, 2017 and is downtrending. It has underperformed by 30.63% the S&P500.

Campbell Soup Company (NYSE:CPB) Ratings Coverage

Among 8 analysts covering Campbell Soup (NYSE:CPB), 0 have Buy rating, 6 Sell and 2 Hold. Therefore 0 are positive. Campbell Soup had 9 analyst reports since May 21, 2018 according to SRatingsIntel. Barclays Capital maintained Campbell Soup Company (NYSE:CPB) on Monday, May 21 with “Underweight” rating. The firm has “Sell” rating by Bernstein given on Tuesday, May 22. The rating was downgraded by JP Morgan to “Underweight” on Friday, August 10. The stock of Campbell Soup Company (NYSE:CPB) has “Hold” rating given on Friday, August 31 by Deutsche Bank. The rating was maintained by Credit Suisse on Monday, May 21 with “Underperform”. Bank of America downgraded it to “Sell” rating and $3100 target in Monday, May 21 report. Stifel Nicolaus maintained the shares of CPB in report on Monday, May 21 with “Hold” rating. The stock of Campbell Soup Company (NYSE:CPB) has “Sell” rating given on Friday, August 31 by UBS. The firm has “Underperform” rating by Credit Suisse given on Friday, September 28.

Campbell Soup Company, together with its subsidiaries, makes and markets food and beverage products. The company has market cap of $11.72 billion. It operates through three divisions: Americas Simple Meals and Beverages; Global Biscuits and Snacks; and Campbell Fresh. It has a 45.31 P/E ratio. The Americas Simple Meals and Beverages segment engages in the retail and food service of Campbell??s condensed and ready-to-serve soups; Swanson broth and stocks; Prego pasta sauces; Pace Mexican sauces; Campbell??s gravies, pastas, beans, and dinner sauces; Swanson canned poultry; Plum food and snacks; V8 juices and beverages; and Campbell??s tomato juices.

More notable recent Campbell Soup Company (NYSE:CPB) news were published by: Seekingalpha.com which released: “Campbell chairman rejects Third Point plan” on October 25, 2018, also Globenewswire.com with their article: “SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Campbell …” published on November 10, 2018, Globenewswire.com published: “The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of TRCO, CPB, DY, IGC and FIT” on November 08, 2018. More interesting news about Campbell Soup Company (NYSE:CPB) were released by: Globenewswire.com and their article: “CLASS ACTION UPDATE for CPB, JT and TRVN: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf …” published on November 08, 2018 as well as Finance.Yahoo.com‘s news article titled: “Stocks – Dow Skids on Global Growth Concerns, but Posts Solid Weekly Gain” with publication date: November 10, 2018.

Campbell Soup Company (NYSE:CPB) Institutional Positions Chart

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