Campbell Soup (CPB) Given News Impact Score of 0.12

News coverage about Campbell Soup (NYSE:CPB) has trended somewhat positive on Friday, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Campbell Soup earned a news impact score of 0.12 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.3261641130276 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the news stories that may have impacted Accern Sentiment’s rankings:

Campbell Soup (NYSE CPB) opened at $44.83 on Friday. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.39 and a current ratio of 0.77. The stock has a market cap of $13,467.19, a P/E ratio of 15.67, a P/E/G ratio of 3.52 and a beta of 0.32. Campbell Soup has a one year low of $43.50 and a one year high of $64.23.

Campbell Soup (NYSE:CPB) last announced its quarterly earnings data on Tuesday, November 21st. The company reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.05). The firm had revenue of $2.16 billion for the quarter, compared to analysts’ expectations of $2.17 billion. Campbell Soup had a net margin of 11.08% and a return on equity of 56.88%. The business’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.00 EPS. research analysts forecast that Campbell Soup will post 2.95 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 29th. Investors of record on Wednesday, January 10th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 3.12%. The ex-dividend date was Tuesday, January 9th. Campbell Soup’s payout ratio is 48.95%.

Campbell Soup declared that its Board of Directors has initiated a stock repurchase plan on Monday, December 18th that permits the company to buyback outstanding shares. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Several analysts have issued reports on the stock. Zacks Investment Research raised shares of Campbell Soup from a “sell” rating to a “hold” rating in a report on Tuesday, January 23rd. Wolfe Research assumed coverage on shares of Campbell Soup in a report on Friday, January 26th. They issued a “market perform” rating on the stock. Morgan Stanley reduced their price target on shares of Campbell Soup from $47.00 to $46.00 and set an “underweight” rating on the stock in a report on Friday, October 13th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $53.00 price target (down previously from $55.00) on shares of Campbell Soup in a report on Wednesday, November 22nd. Finally, UBS Group reduced their price target on shares of Campbell Soup from $42.00 to $41.00 and set a “sell” rating on the stock in a report on Wednesday, November 22nd. Six equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $50.08.

In related news, Director Randall W. Larrimore sold 2,242 shares of the company’s stock in a transaction that occurred on Wednesday, December 27th. The shares were sold at an average price of $48.69, for a total transaction of $109,162.98. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Carlos Barroso sold 4,300 shares of the company’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $48.86, for a total transaction of $210,098.00. Following the transaction, the senior vice president now directly owns 29,119 shares in the company, valued at approximately $1,422,754.34. The disclosure for this sale can be found here. Insiders have sold 15,284 shares of company stock worth $741,399 in the last three months. Insiders own 37.20% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Campbell Soup (NYSE:CPB)

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