CPB - Campbell Soup Company
Chart Events
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 47.36 |
| Open | 47.00 |
| Bid | 47.10 x 800 |
| Ask | 47.11 x 800 |
| Day's Range | 46.93 - 47.43 |
| 52 Week Range | 35.27 - 57.54 |
| Volume | 233,074 |
| Avg. Volume | 3,384,446 |
| Market Cap | 14.312B |
| Beta (5Y Monthly) | 0.41 |
| PE Ratio (TTM) | 9.90 |
| EPS (TTM) | 4.79 |
| Earnings Date | Jun 03, 2020 |
| Forward Dividend & Yield | 1.40 (2.96%) |
| Ex-Dividend Date | Apr 08, 2020 |
| 1y Target Est | 50.56 |
- Investopedia
Top Consumer Staples Stocks for June 2020
These are the consumer staples stocks with the best value, fastest growth, and most momentum for June.
- FX Empire
S&P 500 Index Overview – Campbell Soup and American Eagle Report on Wednesday
A consumer staples food giant takes center stage
- Zacks
Is Campbell Soup (CPB) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Zacks
How Sanderson Farms (SAFM) Looks Just Ahead of Q2 Earnings
Favorable demand for poultry products in the retail grocery stores is likely to have reflected in Sanderson Farms' (SAFM) Q2 performance. However, high costs might be a concern.
- Yahoo Finance Video
Fed's Powell: U.S. economy faces ‘great uncertainty’
Invesco Chief Global Market Strategist Kristina Hooper joins Yahoo Finance’s Brian Cheung and Seana Smith to discuss Jerome Powell's remarks as the Fed chair notes the U.S. economy faces ‘great uncertainty.’
- Yahoo Finance
Coca-Cola CEO: Business is improving but 'we have to be cautious'
Yahoo Finance speaks with Coca-Cola CEO James Quincey about the path forward from the COVID-19 pandemic.
- Business Wire
Campbell to Release Third-Quarter Fiscal 2020 Results on June 3, 2020
Campbell Soup Company (NYSE:CPB) today announced that it will release its third-quarter fiscal 2020 results on June 3, 2020, at approximately 7:00 a.m. ET.
- Zacks
5 Consumer Staple Stocks Set to Beat Earnings Despite Coronavirus
Several players in the Consumer Staples sector have been benefiting from rising demand owing to the coronavirus-led pantry loading. We have selected five stocks with an earnings beat potential.
- Barrons.com
2 Consumer-Staples Stocks That Could Gain From Pandemic, Even After Reopening
Campbell Soup and General Mills have held up relatively well—and should continue to do so, argues Piper Sandler.
- Zacks
Things to Note Ahead of TJX Companies' (TJX) Q1 Earnings
TJX Companies' (TJX) first-quarter fiscal 2021 results are expected to reflect the adverse impacts of coronavirus-led store closures.
- GuruFocus.com
Daniel Loeb Exits Campbell Soup and Trims Baxter in the 1st Quarter
Third Point’s top 3 sells for the quarter outweigh its top 2 new buys Continue reading...
- Yahoo Finance Video
What Piper Sandler’s consumer survey means for retailers post-COVID
A recent survey released by Piper Sandler, which assessed consumer behavior changes amidst COVID-19, concluded that most respondents were generally optimistic about the economy, more than half are spending less since mid-March, and 55% of consumers don’t expect to return to normal spending behavior for >6 months after COVID-19 concerns fade. The Final Round panel breaks down the survey and discusses what the survey means for retailers in a post-coronavirus world.
- GuruFocus.com
Third Point Exits Campbell Soup, Trims Baxter International
Firm's largest sales of the 1st quarter Continue reading...
- Yahoo Finance Video
We could still see a V-Shaped recovery: Expert
Head of Macro Strategy at Academy Securities Peter Tchir joins Yahoo Finance’s Seana Smith to break down his outlook on the markets as coronavirus cases surpass 1.5M in the U.S., according to John Hopkins.
- GuruFocus.com
World Capital Markets Jump on Vaccine Advance Monday
Shares of Sea Limited advance on strong quarter Continue reading...
- Zacks
Zacks.com featured highlights include: Campbell Soup, J. M. Smucker and Vistra Energy
Zacks.com featured highlights include: Campbell Soup, J. M. Smucker and Vistra Energy
- Zacks
Online Grocery Demand Saving Retail Sales: 5 Stocks to Buy
U.S. online grocery sales stand to surge around 40% in 2020. This indicates that consumers are willing to spend on products that will help them tide over the COVID-19 crisis.
- Zacks
The Zacks Analyst Blog Highlights: NVIDIA, Moderna, Clorox, Campbell Soup and General Mills
The Zacks Analyst Blog Highlights: NVIDIA, Moderna, Clorox, Campbell Soup and General Mills
- Yahoo Finance
Everyone is reaching for a Twinkie again at stores as people begin venturing out post-COVID-19 crisis
Hostess Brands CEO Andy Callahan tells Yahoo Finance people continue to fill their pantries with donuts and Twinkies amidst the COVID-19 pandemic.
- Zacks
Flowers Foods (FLO) Q1 Earnings & Sales Top Estimates, Up Y/Y
Flowers Foods' (FLO) first-quarter sales gain from improved branded retail revenues owing to the coronavirus outbreak.
- Zacks
Why Campbell Soup (CPB) Stock Might be a Great Pick
Campbell Soup (CPB) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- Bloomberg
Froot Loops and Canned Soup Are Not the New American Diet
(Bloomberg Opinion) -- As panic-ridden consumers stock up on essentials, kitchen pantries are looking like a blast from the processed-food past: boxes of Kraft macaroni and cheese, cans of Bumble Bee tuna, Kellogg’s Frosted Flakes, Shake ‘N Bake, etc. Brands of yesteryear that had been struggling to find their place in a new health-conscious society are suddenly having a moment once again. But a moment is probably all it will be, not a new normal, which is why packaged-food companies shouldn’t get too comfortable about their comfort food.The Covid-19 pandemic and shelter-in-place orders have led consumers to revert to old ways of shopping in search of ready-made meals and foods with long shelf lives. Parents who are working from home during this time are multitasking like never before, taking on the role of cook, housekeeper, teacher, disciplinary and full-time employee all at once in a Groundhog Day-like loop. As such, traditional meal times have blurred, and in some cases snacks are replacing them, according to research by Euromonitor International. This explains the resurgence of companies such as General Mills Inc., whose brands include Annie’s, Betty Crocker, Cheerios, Pillsbury and Totino’s pizza rolls. Its U.S. retail sales surged 45% in March and 32% in April. To put that into context, the company’s average annual growth rate was just 1.5% over the last decade.In the U.S., the food category that saw the biggest uptick in demand during the week ended April 25 was bread crumbs and other mixes for coating foods, followed by dough and batter products, according to Nielsen tracking. That bodes well for brands such as Shake ‘N Bake, whose parent company, Kraft Heinz Co., just reported its first quarterly sales boost in more than a year.In recent years leading up to this crisis, Campbell Soup Co. was perhaps the hardest hit by changing consumer tastes and demand for fresher foods. The company lost $8.6 billion of shareholder value between mid-2016 and mid-2018, a performance that saw its last CEO out. But amid the shutdowns, Campbell’s stock has been staging a recovery and is trading near its highest price in three years. Kellogg Co. has called this a “reappraisal opportunity” for cereal — a chance to persuade shoppers to give its sugary products another try. Speaking during Kellogg’s recent earnings call, CEO Steve Cahillane said: “Consumers rediscovering these benefits could be very positive for this category, and we plan to seize this opportunity.”But careful, Kellogg. The fact of the matter is, even if the coronavirus leaves a lasting impression on certain aspects of consumer behavior, the dislocation taking place at supermarkets is shaping up to be more of a temporary phenomenon driven in part by food shortages and fear. Consider the absurdity that about 20% of store-bought noodles have been out of stock in the U.S. since mid-March, when the earliest lockdowns began, according to Euromonitor. That’s on the same level as toilet paper shortages. Even baker’s yeast, of all things, is still sold out in many places. But just like we’re not all going to turn our YouTube-taught hair-cutting skills into new careers, most of us won’t keep up such rigorous home training for “The Great British Bake Off,” either.Consumers generally still want fresh, less-processed and healthier-sounding foods. Nielsen is already seeing this in surveys of other countries: In France, shoppers continue to seek out organic items, while Asian consumers say healthy eating has become more of a priority after the virus. And if the post-virus rise of virtual fitness classes is any indication, health and wellness is still top of mind for lots of people.It’s true, families need convenience right now and many are looking to save money as the U.S. dips deeper into a recession and the unemployment rate soars above 14%. That’s partly why seemingly dated grocery products are coming back into favor. They also provide a sense of nostalgia and familiarity at a time when life has been thrown off course.Another significant factor is all the bulk-buying: Wholesale stores such as Costco and BJ’s offer a much more limited variety that tends to be dominated by big-name food brands (although new trendier products are increasingly making their way in). Buying fresh and organic also usually costs more and sells in smaller packages. Over the next few months, Euromonitor analysts expect a greater shift toward more affordable items, private-label brands and bulk purchases.That does create an opportunity for the food giants. A downside to stocking up is all the packaging and cardboard that accumulates, taking up space. It’s an annoyance that companies could try to resolve if sheltering at home is to become a more regular part of life over the next couple of years rather than a distant memory. As U.S. states reopen, though, consumers will probably start to go back to their old routines — or at least some version of them. A bit of the doomsday-prepper mentality may remain, leading more households to keep their cupboards stocked with nonperishables, just in case. But it’s fair to say that the future of the supermarket isn’t Kraft mac and cheese or Campbell’s canned soup. It would be short-sighted to interpret this moment as a rebuke of their innovation efforts. If anything, it’s a time to step it up. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Zacks
Is Campbell Soup (CPB) Stock Outpacing Its Consumer Staples Peers This Year?
Is (CPB) Outperforming Other Consumer Staples Stocks This Year?
- Zacks
Campbell Soup (CPB) Outpaces Stock Market Gains: What You Should Know
Campbell Soup (CPB) closed at $51.96 in the latest trading session, marking a +1.37% move from the prior day.
- Zacks
Coty's (COTY) Earnings Miss Estimates in Q3, Sales Down
Weakness across all segments stemming from coronavirus-induced lockdowns hurt Coty's (COTY) top line in third-quarter fiscal 2020.
