There is no shortage of investors who are bullish on Campbell Soup Co. (CPB) stock

Currently, Campbell Soup Co. [CPB] is trading at $51.89, up 1.07%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CPB shares have gain 5.36% over the last week, with a monthly amount glided 6.55%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Campbell Soup Co. [NASDAQ: CPB] stock has seen the most recent analyst activity on June 26, 2024, when JP Morgan upgraded its rating to a Overweight and also boosted its price target to $52 from $45. Previously, Bernstein upgraded its rating to Mkt Perform on May 15, 2024, and elevated its price target to $46. DA Davidson started tracking the stock assigning a Buy rating and suggested a price target of $48 on March 01, 2024. Citigroup initiated its recommendation with a Sell and recommended $41 as its price target on February 01, 2024. Wells Fargo started tracking with a Equal Weight rating for this stock on December 12, 2023, and assigned it a price target of $47. In a note dated October 13, 2023, Stephens initiated an Overweight rating and provided a target price of $50 on this stock.

This stock has fluctuated between a low of $37.94 and a high of $52.33 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $47.53 within the next 12 months. Campbell Soup Co. [NASDAQ: CPB] shares were valued at $51.89 at the most recent close of the market. An investor can expect a potential drop of -8.4% based on the average CPB price forecast.

Analyzing the CPB fundamentals

Trailing Twelve Months sales for Campbell Soup Co. [NASDAQ:CPB] were 9.64B which represents 10.88% growth. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.15 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.41.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 51.34 points at the first support level, and at 50.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.31, and for the 2nd resistance point, it is at 52.72.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Campbell Soup Co. [NASDAQ:CPB] is 0.61. In addition, the Quick Ratio stands at 0.24 and the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 1.61, the price to book ratio is 3.95 and price to earnings (TTM) ratio is 27.39.

Transactions by insiders

Recent insider trading involved Sanzio Anthony, Executive Vice President, that happened on Apr 04 ’24 when 250.0 shares were sold. Executive Vice President, Sanzio Anthony completed a deal on Dec 12 ’23 to sell 3000.0 shares. Meanwhile, Senior VP and Controller Polomski Stanley sold 8000.0 shares on Sep 14 ’23.

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