Economy

FY2017 EPS Estimates for Campbell Soup Company Cut by Analyst (CPB)

In other Campbell Soup Company news, insider Carlos Barroso sold 9,130 shares of the company's stock in a transaction on Wednesday, January 4th. Toronto Dominion Bank now owns 64,868 shares of the company's stock valued at $3,382,000 after buying an additional 12,598 shares in the last quarter. The median estimate represents a 2.61% increase from the last price of 48.73.

Campbell Soup Company (CPB) traded down 0.66% on Monday, hitting $48.41. It has underperformed by 29.52% the S&P500.The move comes after 5 months positive chart setup for the $14.67B company.

Nokia Oyj (ADR) (NOK) formed multiple top with $6.38 target or 6.00% above today's $6.02 share price. Nokia Oyj (ADR) (NOK) has $35.16 billion valuation.

Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 2.01, and a price to sales ratio of 0. The stock's average target of $62.50 is 8.98% above today's ($57.35) share price. Inovalon Holdings Inc (NASDAQ:INOV) has declined 28.38% since September 15, 2016 and is downtrending. It has outperformed by 0.96% the S&P500.

Analysts await LifePoint Health Inc (NASDAQ:LPNT) to report earnings on October, 27. Next quarter's EPS is expected be $0.86 and the next full year EPS is projected to be $3.16. (NYSE:HON), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. Campbell Soup had 42 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was upgraded by Goldman Sachs to "Buy" on Thursday, June 30. Stifel Nicolaus has "Hold" rating and $5600 target. Citigroup maintained the stock with "Neutral" rating in Thursday, August 4 report. Brean Capital upgraded the shares of BIDU in report on Friday, April 29 to "Buy" rating. The stock has "Hold" rating by Deutsche Bank on Wednesday, February 15. Sigma Planning has 0.03% invested in Campbell Soup Company (NYSE:CPB). During the same period in the previous year, the business earned $0.87 earnings per share. After $0.98 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -24.49% negative EPS growth.

Investors sentiment decreased to 0.99 in Q4 2016. Its up 0.01, from 1.02 in 2016Q3. 60 funds opened positions while 137 raised stakes. The overall volume in the last trading session was 3.91 million shares. Commonwealth Of Pennsylvania Pub School Empls Retrmt reported 11,107 shares or 0.01% of all its holdings. The fund owned 131,707 shares of the company's stock after buying an additional 50 shares during the quarter. The correct version of this article can be read at https://stocknewstimes.com/2017/09/18/campbell-soups-cpb-neutral-rating-reiterated-at-piper-jaffray-companies.html. Sector Gamma As owns 164,714 shares or 1.76% of their United States portfolio.

About 36,539 shares traded. Johnson Financial Group boosted its holdings in stocks of Campbell Soup by 19.2% through out the 1st period. 559.71 million shares or 0.04% less from 559.95 million shares in 2016Q3 were reported. Los Angeles & Equity Incorporated holds 0.17% or 357,825 shares in its portfolio. The company's net profit margin has achieved the current level of 11.2 percent and possesses 38.8 percent gross margin. Rhumbline Advisers owns 423,529 shares. Next Financial Group, Inc now holds 1,370 shares worth $71,000,000. 10,853 were accumulated by Ray Gerald L & Assocs.

Several institutional investors have recently bought and sold shares of the company. Finally, Morgan Stanley decreased their price objective on shares of Campbell Soup from $55.00 to $52.00 and set an "underweight" rating for the company in a research report on Tuesday, July 18th. RBC Capital Markets maintained Campbell Soup Company (NYSE:CPB) rating on Friday, September 2. Piper Jaffray Companies initiated coverage on stocks of Campbell Soup in a note on Wed, May 24th. Deutsche Bank has "Hold" rating and $61 target. As per Wednesday, November 23, the company rating was maintained by Credit Suisse. The company presently has a consensus rating of "Hold" and an average price target of $52.57. Credit Suisse maintained it with "Underperform" rating and $50 target in Wednesday, November 25 report. The firm has "Outperform" rating by Credit Suisse given on Monday, July 17. Barclays PLC restated a sell rating on shares of Campbell Soup in a research note on Tuesday, July 25th. RBC Capital Markets maintained the shares of CPB in report on Thursday, February 18 with "Sector Perform" rating. Campbell Soup comprises about 0.2% of Acrospire Investment Management LLC's investment portfolio, making the share its 6th biggest stake. It also reduced Starbucks Corp (NASDAQ:SBUX) stake by 14,282 shares and now owns 420,176 shares.



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