Campbell Soup (NASDAQ:CPB) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Campbell Soup (NASDAQ:CPB - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.73 by $0.01, Zacks reports. Campbell Soup had a net margin of 5.57% and a return on equity of 23.79%. The business had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.74 billion. The company's revenue was up 9.3% compared to the same quarter last year. Campbell Soup updated its FY 2025 guidance to 2.950-3.050 EPS and its FY25 guidance to $2.95-$3.05 EPS.Get Campbell Soup alerts:Campbell Soup Stock Down 2.6 %4 Reasons Campbell’s Stock Could Serve Up Big Returns in 2025Shares of CPB stock opened at $39.29 on Wednesday. Campbell Soup has a 12 month low of $36.92 and a 12 month high of $52.81. The stock has a market cap of $11.71 billion, a P/E ratio of 21.59, a P/E/G ratio of 2.71 and a beta of 0.19. The company has a current ratio of 0.91, a quick ratio of 0.50 and a debt-to-equity ratio of 1.74. The company has a 50 day simple moving average of $39.48 and a two-hundred day simple moving average of $44.43. Campbell Soup Announces DividendThe firm also recently announced a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Thursday, April 3rd will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $1.56 dividend on an annualized basis and a yield of 3.97%. Campbell Soup's dividend payout ratio is currently 85.25%. Insider Buying and Selling at Campbell SoupSavor Steady Dividends With These 2 High-Yield Value StocksIn other Campbell Soup news, EVP Anthony Sanzio sold 2,000 shares of the company's stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $41.90, for a total value of $83,800.00. Following the completion of the transaction, the executive vice president now directly owns 16,551 shares in the company, valued at $693,486.90. This represents a 10.78 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 20.19% of the stock is owned by corporate insiders. Wall Street Analysts Forecast GrowthSeveral brokerages have issued reports on CPB. Piper Sandler raised shares of Campbell Soup from a "neutral" rating to an "overweight" rating and lifted their target price for the stock from $47.00 to $56.00 in a report on Thursday, November 14th. DA Davidson reaffirmed a "neutral" rating and issued a $51.00 target price on shares of Campbell Soup in a report on Wednesday, December 4th. Stifel Nicolaus decreased their target price on shares of Campbell Soup from $47.00 to $40.00 and set a "hold" rating for the company in a report on Friday, January 24th. Barclays decreased their target price on shares of Campbell Soup from $49.00 to $46.00 and set an "underweight" rating for the company in a report on Friday, December 6th. Finally, Stephens reaffirmed an "overweight" rating on shares of Campbell Soup in a report on Wednesday, December 4th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Campbell Soup presently has a consensus rating of "Hold" and an average price target of $50.17.Conagra's EPS Miss Opens the Door for a Buy-the-Dip OpportunityRead Our Latest Research Report on Campbell SoupCampbell Soup Company Profile (Get Free Report)Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.Recommended StoriesFive stocks we like better than Campbell Soup3 Must-Buy Warren Buffett Stocks for Volatile TimesLemonade's Q4 Surge: Has This AI-Powered Insurer Turned a Corner?NYSE Stocks Give Investors a Variety of Quality Options 2 Energy Stocks to Play Both Sides of Tariff UncertaintyWhat is a Death Cross in Stocks?Raytheon vs. Lockheed Martin: Which Stock Has More Upside?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Campbell Soup Right Now?Before you consider Campbell Soup, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Campbell Soup wasn't on the list.While Campbell Soup currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here