Campbell Soup Co (NYSE: CPB) has reported E.P.S. of $0.45 for its third fiscal quarter (ending April 30) versus $0.54 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $2.48 versus $2.62 for the same period a year ago.
Recent Price Action
Campbell Soup Co (NYSE: CPB) stock closed at $44.10 on 6/5/24 after a slight decline of -0.2%. Moreover, this decline was accompanied by exceptionally high trading volume at 263% of normal. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above 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 poor Appreciation Score of 26 but a neutral Power Rating of 53, and the Negative Value Trend Rating results.
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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