Campbell Soup (CPB) Earns Daily News Sentiment Score of 0.14
Press coverage about Campbell Soup (NYSE:CPB) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Campbell Soup earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.6334579641925 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Campbell Soup Company : Earnings Review and Free Research Report: Campbell Soup’s Adjusted Diluted EPS Increased 13% (4-traders.com)
- Campbell Soup Company (CPB) Performance Assessment in Focus – NASDAQ Times (nasdaqtimes.com)
- $2.17 Billion in Sales Expected for Campbell Soup Company (CPB) This Quarter (americanbankingnews.com)
- How General Mills’ Segments Performed in Fiscal 1Q18 (marketrealist.com)
Several brokerages have recently commented on CPB. Zacks Investment Research lowered Campbell Soup from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Barclays PLC reiterated a “sell” rating on shares of Campbell Soup in a research report on Tuesday, July 25th. Royal Bank Of Canada reduced their price objective on Campbell Soup from $60.00 to $56.00 and set a “sector perform” rating on the stock in a research report on Friday, September 1st. Piper Jaffray Companies reiterated a “neutral” rating and set a $50.00 price objective (down from $56.00) on shares of Campbell Soup in a research report on Monday, September 11th. Finally, Deutsche Bank AG reiterated a “hold” rating and set a $51.00 price objective (down from $58.00) on shares of Campbell Soup in a research report on Friday, September 1st. Seven equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $52.33.
Shares of Campbell Soup (NYSE CPB) opened at 45.13 on Friday. Campbell Soup has a 12-month low of $44.99 and a 12-month high of $64.23. The firm has a 50-day moving average price of $50.88 and a 200 day moving average price of $54.73. The stock has a market cap of $13.67 billion, a PE ratio of 15.62 and a beta of 0.36.
Campbell Soup (NYSE:CPB) last issued its quarterly earnings data on Thursday, August 31st. The company reported $0.52 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.03). Campbell Soup had a return on equity of 59.84% and a net margin of 11.24%. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.69 billion. During the same period in the previous year, the firm earned $0.46 earnings per share. The company’s revenue was down 1.4% compared to the same quarter last year. Equities research analysts expect that Campbell Soup will post $3.05 earnings per share for the current year.
About Campbell Soup
Campbell Soup Company is a food company, which manufactures and markets food products. The Company’s segments include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh. The Americas Simple Meals and Beverages segment includes the retail and food service channel businesses.
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