Campbells Co (NASDAQ:CPB) shares, rose in value on Thursday, December 12, with the stock price down by -0.19% to the previous day’s close as strong demand from buyers drove the stock to $42.92.
Actively observing the price movement in the last trading, the stock closed the session at $43.00, falling within a range of $42.705 and $43.2882. The value of beta (5-year monthly) was 0.181 whereas the PE ratio was 23.37 over 12-month period. Referring to stock’s 52-week performance, its high was $52.81, and the low was $40.26. On the whole, CPB has fluctuated by -2.98% over the past month.
With the market capitalization of Campbells Co currently standing at about $12.79 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 1.48, with its dividend yield at 3.45%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 10.51B, with a low estimate of 2.72B and a high estimate of 2.77B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.74B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CPB’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 5.19, with the price of CPB currently trading nearly -3.05% and -6.39% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.69, while the 7-day volatility ratio is showing 2.02% which for the 30-day chart, stands at 1.91%. Furthermore, Campbells Co (CPB)’s beta value is 0.17, and its average true range (ATR) is 0.93.
A comparison of Campbells Co (CPB) with its peers suggests the former has fared considerably weaker in the market. CPB showed an intraday change of -0.19% in last session, and over the past year, it shrunk by -3.31%%.
Data on historical trading for Campbells Co (NASDAQ:CPB) indicates that the trading volumes over the past 10 days have averaged 3.21 and over the past 3 months, they’ve averaged 2.29 million. According to company’s latest data on outstanding shares, there are 298.00 million shares outstanding.
Nearly 34.14% of Campbells Co’s shares belong to company insiders and institutional investors own 54.97% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 15.08 million shares as on 2024-11-15, resulting in a short ratio of 7.94. According to the data, the short interest in Campbells Co (CPB) stood at 784.00 of shares outstanding as of 2024-11-15; the number of short shares registered in 2024-10-15 reached 13.63 million. The stock has fallen by -0.72% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CPB stock heading into the next quarter.
