Campbell Soup Co (NYSE: CPB) has reported earnings for its second fiscal quarter (ending January 31) of $0.68 versus $0.78 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $2.58 compared to $2.71 a year ago.
Recent Price Action
Campbell Soup Co (NYSE: CPB) stock rose modestly by 0.8% on 3/6/24. The stock closed at $43.30. Moreover, trading volume in this advance was exceptionally high at 224% of normal. The stock has performed in line with the market over the last nine months and has risen 2.5% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CPB is expected to continue to be a major Value Builder.
Campbell Soup has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Campbell Soup has a neutral Power Rating of 46 but a poor Appreciation Score of 28, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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