Alert: New Earnings Report (8/29/24)-Campbell Soup Co (NYSE: CPB).

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Campbell Soup Co (NYSE: CPB) has reported E.P.S. of $-0.01 for its fourth fiscal quarter (ending July 31) versus $0.57 for the same period a year ago. E.P.S. were $1.90 for the latest four quarters through July 31 versus $2.87 for the same period a year ago.

Recent Price Action

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On 8/29/24, Campbell Soup Co (NYSE: CPB) stock declined modestly by -1.8%, closing at $49.25. Moreover, trading volume in this decline was above average at 136% of normal. The stock has been strong relative to the market over the last nine months but has declined -2.6% 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 C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Campbell Soup has a poor Appreciation Score of 24 but a slightly positive Power Rating of 69, resulting in 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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