|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||34.38 - 34.38|
|52 Week Range||27.84 - 41.72|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
General Mills (GIS) Q2 results to be hurt by escalating input costs. Nevertheless, strategies to boost sales are encouraging.
There's a lot of talk about Wall Street's top-rated stocks. As 2018 ends and 2019 nears, everyone - including us - is talking about our favorite stock picks for 2019, or even the next decade. But not every stock is a well-loved lunker. There are numerous stocks with bearish, or at least increasingly bearish, Wall Street sentiment. Stocks where you should look before you leap. And with the market in such a precarious state right now, it makes even more sense to pay attention to those companies that are facing significant challenges ahead. Here we used TipRanks market data to pinpoint the Street's worst-rated stocks right now. We scanned a database of more than 5,000 stocks to find the following picks - some of which represent stocks to sell, and others of which you may want to hold if you own, but certainly don't want to chase. All stocks, bar one, have an analyst consensus of "Hold" or "Sell." There's one exception, but as you'll see, sentiment is quickly turning against it too. SEE ALSO: 10 Stocks Warren Buffett Is Buying (And 6 He's Selling)
A tough pricing scenarios in commodity chicken weighs on Pilgrim's Pride (PPC) performance. Rising cost of sales is also a concern.
NEW YORK, Dec. 10, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Hedge fund managers like David Einhorn, Dan Loeb, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing […]
In the space of a few hours last week, the acid-tongued activist investor Dan Loeb walked away with two victories, showing how traditionally bruising proxy fights can still pay off — despite falling out of fashion recently. from Mr Loeb to split into three companies. Mr Loeb’s Third Point fund two board seats, plus other concessions, after he launched a public battle to overhaul its board, including legal threats against directors.
Dan Loeb’s Third Point is one of the world’s top hedge funds. Insiders meanwhile have a lot of knowledge over their companies. In this article, we will analyze stocks that Third Point owns and that insiders have bought some shares in over around past six months, including Adobe Inc. (NASDAQ:ADBE), American Express Company (NYSE:AXP), Microsoft Corporation (NASDAQ:MSFT), salesforce.com, inc. […]
Jeffrey Dunn, who was CEO of Bolthouse Farms when it was acquired by Campbell Soup in 2012, is considered a potential bidder.
Consumption of canned tuna has dropped more than 40 percent per capita over the last 30 years, according to U.S. Department of Agriculture data. Like Campbell Soup and Kraft Heinz, StarKist, Bumble Bee Foods and Chicken of the Sea International have struggled as millennials turn away from processed foods. Smaller brands that market themselves as safer and higher-quality are also eating into their market share, The Wall Street Journal reports.
Campbell Soup Company (CPB) today announced that the Campbell Board of Directors has elected Sarah Hofstetter and Kurt Schmidt as members of the Board, effective today. “We welcome both Sarah and Kurt to Campbell’s Board of Directors,” said Les Vinney, Chairman of the Board. “Sarah is an innovative marketing and brand strategy expert, and Kurt is a seasoned executive within the consumer-packaged goods industry.
On November 28, the J.M. Smucker Company (SJM) reported lower-than-expected earnings results for the second quarter of fiscal 2019, which ended on October 31. The company also lowered its full-year EPS outlook, which didn’t sit well with investors. SJM fell 7.2% following the soft second-quarter results.
Campbell Soup just reached a settlement with activist investor Daniel Loeb who had been engaged in a prolonged proxy fight with the company.
may have scooped up its next CEO, according to a report in The Wall Street Journal that identifies Mark Clouse of Pinnacle Foods Inc. Clouse, who has been chief executive of Pinnacle since 2016, is considered a veteran in the food industry, previously working at Mondelēz International Inc. and Kraft Heinz Co. He also served as an Army captain in the 1990s and attended the United States Military Academy at West Point where he earned a bachelor of science in economics, according to his profile on LinkedIn. Campbell could make a deal with Clouse in the coming weeks, stated the Journal, which relied on unnamed sources for its report.
Kellogg (K) stock trades at 14.3x its 2018 estimated EPS of $4.31 and 14.2x its 2019 estimated EPS of $4.32, both of which look unattractive based on the projected growth rates of 6.8% and 0.2%, respectively. Kellogg’s top-line growth is likely to slow down in 2019, as the company will annualize its RXBAR acquisition. Meanwhile, an unfavorable mix and pricing pressure could continue to hurt the company.
RBC Capital Markets says the growing craze around Instant Pots and other slow cookers is an opportunity for Campbell Soup.
Kellogg stock (K) has fallen about 18% since mid-September as weak organic sales and sluggish margins didn’t sit well with investors. Most of the decline in Kellogg’s stock price followed the company’s soft third-quarter results. Adding to its woes, management lowered the full-year EPS growth guidance, citing an adverse mix, continued cost pressure, and increased interest expenses. On a YTD basis, Kellogg stock has fallen 9.5% and has underperformed the broader markets (SPY). The S&P 500 Index remained flat during the same period.
Bank of America Merrill Lynch's Bryan Spillane maintains an Underperform rating on Campbell Soup Company with an unchanged $31 price target. Campbell Soup and Third Point's agreement will avoid a proxy battle, and the immediate addition of Sarah Hofstetter and Kurt Schmidt to the company's board will bring a "fresh perspective," Spillane said in a note.
NEW YORK, Nov. 27, 2018 -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a.