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The Campbell’s Company’s Stock Price Drops to $42.69, Reflecting a Significant 6.24% Downfall

By December 5, 2024 No Comments

The Campbell’s Company (CPB)

42.69 USD -2.84 (-6.24%) Volume: 6.16M

Explore The Campbell’s Company’s stock price, currently at 42.69 USD, witnessing a drop of 6.24% this trading session with a trading volume of 6.16M. Despite the recent decline, the year-to-date percentage change stands at a slight decrease of -1.25%, reflecting the resilience and potential for growth in CPB’s stock performance.


Latest developments on The Campbell’s Company

Recent events have sent shockwaves through Campbell Soup Co, as CEO Mark Clouse announced his departure to join the NFL’s Washington Commanders as their new team president. This move comes after Campbell reported a 2% decline in Q1 EPS and named Mick Beekhuizen as the new CEO. The company’s stock price has been fluctuating as investors digest the news, with CPB Stock falling short of forecasted net sales. As Clouse transitions to his new role, uncertainties loom for Campbell’s future under Beekhuizen’s leadership. The Commanders’ hiring of Clouse has sparked interest and speculation in the market, as shareholders and analysts await further developments and insights into Campbell Soup Co‘s quarterly earnings.


The Campbell’s Company on Smartkarma

Analysts at Baptista Research have published two insightful reports on Campbell Soup Co on Smartkarma. In the first report titled “Campbell Soup Company: These Are The 4 Biggest Challenges In Its Path! – Major Drivers,” the analysts highlighted the company’s mixed results for Fiscal Year 2024 amidst a challenging macroeconomic environment and the integration of Sovos Brands. Despite the challenges, there is cautious optimism for 2025, with double-digit growth in adjusted Earnings Before Interest and Taxes (EBIT) and Earnings Per Share (EPS) across both quarters. The Snacks division also showed signs of progress, albeit at a slower pace.

In the second report titled “Campbell Soup Company: Supply Chain Enhancements and Cost Management! – Major Drivers,” Baptista Research discussed the robust results reported by Campbell Soup Co for its fiscal third quarter of 2024. The report highlighted both strengths and challenges within the company’s operations, providing valuable insights for investors. One key positive highlight was the integration and contribution of Sovos Brands, acquired by the company in March 12. Overall, the analysts lean towards a bullish sentiment on Campbell Soup Co based on these reports.


A look at The Campbell’s Company Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Campbell Soup Co has a mixed long-term outlook. While the company scores high in areas such as Dividend and Momentum, which indicates a strong performance in terms of paying dividends to shareholders and the upward trend in stock price, it lags behind in areas like Resilience. This suggests that Campbell Soup Co may face challenges in adapting to changes in the market or economic conditions.

Overall, Campbell Soup Co‘s Smart Scores indicate a company that is stable with room for improvement in certain areas. With a focus on maintaining its high dividend payouts and building on its positive momentum, Campbell Soup Co may be able to strengthen its position in the market over time. However, addressing weaknesses in resilience could be key to ensuring long-term success for the company.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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