|Bid||0.00 x 3200|
|Ask||0.00 x 1000|
|Day's Range||41.01 - 41.45|
|52 Week Range||32.63 - 54.37|
|PE Ratio (TTM)||25.69|
|Earnings Date||Aug 29, 2018 - Sep 4, 2018|
|Forward Dividend & Yield||1.40 (3.34%)|
|1y Target Est||35.85|
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
Stock Research Monitor: BGS, NOMD, and SJM LONDON, UK / ACCESSWIRE / July 13, 2018 / If you want a free Stock Review on CPB sign up now at www.wallstequities.com/registration . WallStEquities.com presents ...
Campbell Soup Company (CPB) today announced the appointment of Diego Palmieri as Vice President and Chief Marketing Officer, U.S. Meals & Beverages, effective July 18, 2018. Diego will report to Roberto Leopardi, President, Meals & Beverages. As Chief Marketing Officer, Diego will be responsible for all aspects of marketing and consumer connection in the United States across the division’s portfolio of brands, which includes Campbell’s, Chunky, Well Yes!, Slow Kettle, Swanson, V8, Plum, Pace and Prego.
LONDON, UK / ACCESSWIRE / July 11, 2018 / Active-Investors has a free review on Campbell Soup Co. (NYSE: CPB) following the Company's announcement that it will begin trading ex-dividend on July 12, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on July 11, 2018. Active-Investors has initiated due-diligence on this dividend stock.
On July 6, Hain Celestial (HAIN) was trading at a 12-month forward PE (price-to-earnings) ratio of 22.9x. Following its fiscal third-quarter results,1 which were released on May 8, Hain Celestial’s valuation multiple has risen 50.8%.
Recently, J.P. Morgan lowered its EPS estimates for J.M. Smucker (SJM) due to trade war tensions. J.P. Morgan expects Canada’s retaliatory tariffs to hurt J.M. Smucker the most among all food companies. The investment bank now estimates SJM’s EPS to be $8.29 and $8.83 in fiscal 2019 and fiscal 2020, respectively, down from earlier estimates of $8.56 and $9.15.
Short interest is moderately high for CPB with between 10 and 15% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.
"Thinking back to what should be the right balance in your portfolio ... now is the most important time in eight, nine, maybe 10 years to rebalance that," says Jeff Kleintop, chief global investment strategist for Charles Schwab Corp. "It's hard to sell the winners and buy the laggards. Here are 40 companies Goldman Sachs thinks have considerable downside risk.
The pullback in the stocks of packaged food companies has resulted in lower valuations for these companies. The stocks of most food companies are trading well below their historical averages. Despite their valuation multiples, investors haven’t budged due to sales and margin headwinds that are likely to affect the stocks.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on June 6. Over the last one-month, outflows of investor capital in ETFs holding CPB totaled $2.05 billion. Additionally, the rate of outflows appears to be accelerating.
The good news, according to S&P Global Ratings, is that U.S. companies had $2.1 trillion of cash at the end of 2017. The bad news is they also had $6.3 trillion in debt for net debt of $4.2 trillion. “These borrowers have $8 of debt for every $1 of cash,” wrote Andrew Chang, the primary credit analyst at S&P Global.
The stocks of Kraft Heinz (KHC), Campbell Soup (CPB), Tyson Foods (TSN), and J.M. Smucker (SJM) are reeling under pressures from soft demand and higher costs related to commodities and logistics. To add to their woes, retaliatory tariffs imposed by China, Mexico, Canada, and the European Union could further dent their financials. In retaliation to President Trump’s higher tariffs on the imports of certain steel and aluminum products, Canada imposed 10% tariffs on soups, broths, and tomato ketchup and sauces, which could likely affect the financials of Campbell Soup and Kraft Heinz.
Food companies have long served as a source of recession-proof profits and increasing dividends. Kellogg’s has responded to this and Kellogg stock has seen modest success. While not a dividend aristocrat, Kellogg stock, and peers such as Kraft Heinz Co (NASDAQ:KHC), General Mills, Inc. (NYSE:GIS), and Campbell Soup Company (NYSE:CPB), have enjoyed a decades-long history of high, consistent dividend payments.
The Coca-Cola Company (NYSE:KO) stock has been mostly dead money for the past year. Then again, consumer staples stocks have been under tremendous pressure lately because of changes in consumer tastes and the relentless impact of digital platforms, such as Amazon.com, Inc. (NASDAQ:AMZN). Companies like Colgate-Palmolive Company (NYSE:CL), General Mills, Inc. (NYSE:GIS) and Campbell Soup Company (NYSE:CPB) have suffered double-digit losses in their share prices during this period.
Some food and beverage companies were already struggling before the EU and Canada slapped the U.S. with hefty new tariffs. Campbell Soup faces a 10 percent tax on its soup, broths and tomato products after already being hit by the U.S. tariff on steel and aluminum. Tariffs on peanut butter and orange juice add to rising costs for J.M. Smucker and PepsiCo.
Stocks that moved substantially or traded heavily Tuesday: Campbell Soup Co., up 74 cents to $41.03 The New York Post reported that activist investor Dan Loeb is pushing for the soup maker to consider ...
Campbell Soup has announced it is doing a strategic review, renewing speculation it could put itself up for sale. The announcement has also triggered speculation that activist investors could push for a sale. The keys to change are held by the descendants of John T. Dorrance, inventor of the condensed soup formula, who together own 41 percent of the company.
The latest on developments in financial markets (all times local): 1:00 p.m. U.S. stocks are closing lower Tuesday as losses in technology companies and banks outweighed gains elsewhere. Health care and ...
One of the challenges in a possible Campbell Soup Co. sale was the family's large stake in the company, according to experts.
McCormick & Company (MKC) reported its Q2 2018 results on June 28 before the market opened. Its revenue rose 19.1% to $1.3 billion. EPS rose 24.4% to $1.02. Revenue and EPS surpassed estimates by 0.84% and 10%, respectively. The stock rose 9.4% after the company reported double-digit earnings and revenue growth and exceeded consensus estimates.