EPS for Campbell Soup Company (CPB) Expected At $0.97

November 15, 2017 - By Kurt Siggers

 EPS for Campbell Soup Company (CPB) Expected At $0.97
Investors sentiment decreased to 0.99 in 2017 Q2. Its down 0.15, from 1.14 in 2017Q1. It dived, as 40 investors sold Campbell Soup Company shares while 169 reduced holdings. 57 funds opened positions while 150 raised stakes. 132.61 million shares or 0.67% more from 131.72 million shares in 2017Q1 were reported.
Lee Danner And Bass owns 21,500 shares. Advantus Mgmt invested 0.03% in Campbell Soup Company (NYSE:CPB). Gam Ag reported 0.04% stake. 1.62M are owned by Morgan Stanley. Jensen Invest holds 14,300 shares or 0.01% of its portfolio. Blackrock reported 14.44 million shares. Dimensional Fund Limited Partnership reported 0.02% in Campbell Soup Company (NYSE:CPB). Proshare Limited Liability Corporation has invested 0.02% in Campbell Soup Company (NYSE:CPB). Old Bancshares In reported 0.02% of its portfolio in Campbell Soup Company (NYSE:CPB). Etrade Cap Mgmt Limited Co owns 4,025 shares or 0.01% of their US portfolio. State Of Wisconsin Invest Board invested in 125,072 shares or 0.02% of the stock. State Board Of Administration Of Florida Retirement Systems holds 0.04% or 280,131 shares. Cap Fund Mngmt Sa accumulated 14,542 shares. Boulegeris Invests Inc holds 0.56% or 18,925 shares. Sigma Planning owns 4,297 shares.

Investors wait Campbell Soup Company (NYSE:CPB) to report on November, 21 before the open. its quarterly earnings Wall Street analysts expect $0.97 earnings per share, down $0.03 or 3.00 % from last year’s $1 same quarter earnings. This translates into $291.56 million profit for CPB giving the stock a 12.09 P/E. This is assuming the current $0.97 EPS is accurate. Campbell Soup Company’s Wall Street analysts see 86.54 % EPS growth, taking into account the $0.52 EPS reproted in the previous quarter, About 233,551 shares traded. Campbell Soup Company (NYSE:CPB) has declined 12.82% since November 15, 2016 and is downtrending. It has underperformed by 29.52% the S&P500.

Campbell Soup Company (NYSE:CPB) Ratings Coverage

Among 15 analysts covering Campbell Soup (NYSE:CPB), 1 have Buy rating, 6 Sell and 8 Hold. Therefore 7% are positive. Campbell Soup had 46 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned “Underweight” rating on Friday, October 13 by Morgan Stanley. Credit Suisse maintained Campbell Soup Company (NYSE:CPB) rating on Wednesday, November 23. Credit Suisse has “Underperform” rating and $55 target. The stock of Campbell Soup Company (NYSE:CPB) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, February 21. Citigroup upgraded Campbell Soup Company (NYSE:CPB) rating on Friday, September 4. Citigroup has “Neutral” rating and $50 target. The firm has “Sector Perform” rating given on Monday, November 28 by RBC Capital Markets. The firm earned “Hold” rating on Friday, July 7 by Stifel Nicolaus. The firm has “Buy” rating by Argus Research given on Tuesday, December 1. The rating was maintained by Stifel Nicolaus with “Hold” on Tuesday, February 21. The firm has “Hold” rating given on Tuesday, July 18 by Piper Jaffray. The stock of Campbell Soup Company (NYSE:CPB) earned “Sector Perform” rating by RBC Capital Markets on Thursday, February 18.

Campbell Soup Company is a food company, which makes and markets food products. The company has market cap of $14.10 billion. The Company’s divisions include Americas Simple Meals and Beverages; Global Biscuits and Snacks, and Campbell Fresh. It has a 16.23 P/E ratio. The Americas Simple Meals and Beverages segment includes the retail and food service channel businesses.

More notable recent Campbell Soup Company (NYSE:CPB) news were published by: Forbes.com which released: “Denise Morrison: How She Became The First Woman CEO At Campbell Soup Company” on November 07, 2017, also Nj.com with their article: “Campbell Soup CEO listed in ‘Financial Times’ for her support of LGBT community” published on November 14, 2017, Philly.com published: “Boosting its vegan bona fides, Campbell Soup joins Plant Based Foods Association” on October 30, 2017. More interesting news about Campbell Soup Company (NYSE:CPB) were released by: Nasdaq.com and their article: “Will Multiple Headwinds Hurt Campbell’s (CPB) Q1 Earnings?” published on November 14, 2017 as well as Reuters.com‘s news article titled: “Nestle follows Campbell Soup in quitting food manufacturer lobby group” with publication date: October 24, 2017.

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