Campbell Soup Co (NASDAQ: CPB) has reported earnings for its first fiscal quarter (ending October 31) of $0.73 versus $0.79 for the same period a year ago — a decline of -8%. This result fell short of the consensus estimate of $0.87 by $-0.14. For the latest four quarters through October 31, E.P.S. were $1.85 versus $2.68 for the same period a year ago — a decline of -31%.
Recent Price Action
Campbell Soup Co (NASDAQ: CPB) stock closed at $45.53 on 12/3/24 after a modest decline of -1.5%. Moreover, trading volume in this decline was unusually high at 182% of normal. The stock has risen 0.5% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Campbell Soup has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Campbell Soup has a slightly negative Appreciation Score of 37 and a neutral Power Rating of 59, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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