Campbell Soup Co (NYSE: CPB) has reported E.P.S. of $0.79 for its first fiscal quarter (ending October 31) versus $0.99 for the same period a year ago — a decline of -20%. This performance was $-0.09 short of the consensus estimate of $0.88. E.P.S. were $2.68 for the latest four quarters through October 31 versus $2.63 for the same period a year ago — an increase of 2%.
Recent Price Action
On 12/6/23, Campbell Soup Co (NYSE: CPB) stock enjoyed a very large increase of 7.1%, closing at $43.24. Moreover, trading volume in this advance was exceptionally high at 238% of normal. Relative to the market the stock has been weak over the last nine months but has risen 6.9% 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 F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Campbell Soup has a slightly negative Power Rating of 32 and a poor Appreciation Score of 27, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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