In the past 52-week period, shares of Campbell Soup Company (NYSE:CPB) have moved within the range of $44.99 to $64.23. On the stock’s most recent trading day, the company’s shares ended the regular session at $47.39, which is 26.22% lower than its 52-week high.
Campbell Soup Company (CPB) has demonstrated a 20-day simple moving average (SMA) of -3.39%, and a 50-day SMA of -1.00%. This public company’s current market capitalization stands at $14.35 billion.Analyzing Consensus Estimates, Sales Revenue and Net Income
When considering entering a position, it is crucial to understand the average enthusiasm level expressed by Wall Street analysts for that particular stock. According to the latest data, the consensus recommendation for Campbell Soup Company (CPB) is Hold.
Publicly-traded organizations typically post revenue and earnings results that fall either above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Oct. 2017, Campbell Soup Company (CPB) delivered a 0.32% surprise with its net revenue. Sales reached $2.16 billion during the three-month period, compared to the average analyst estimate of $2.17 billion.
Meanwhile, during the same quarter Campbell Soup Company (CPB) delivered a 4.72% earnings surprise. Net earnings for the quarter were posted at $0.92 per share, whereas Wall Street had forecast $0.97 per share.Ownership at Campbell Soup Company (CPB), According to Most Recent SEC Filings
We can find critical insight by examining institutional ownership, which are reported in public companies’ most recent 13F filings. Campbell Soup Company (CPB) has 0 billion shares outstanding currently, 46.77% of which belong to institutional investors. Those institutional holdings amount to $6.76 billion.
Additionally, according to the most recent 13F filing from Campbell Soup Company (CPB), there were 48 new positions totaling 2,337,250 shares of the company’s stock. There were 67 sold out positions, on the other hand, totaling 2,666,490 shares.Short, Medium and Long Term Indicators
A stock’s average trade volume, as recorder over the short, medium and long terms, is helpful to analyze in order to gain a better understanding of trading activity and investor sentiment. Campbell Soup Company (CPB) has had a 20-day average volume of 2,696,710 shares, with an average of 60% of short term indicators pointed at Sell.
The stock’s 50-day average volume has been 2,903,456 shares, with an average of 25% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 2,717,435 shares with 67% of long-term indicators pointing to Sell.