Campbell Soup stock: buy or sell

CPB stock price: $45.55 0.62% At close on Jun 21st, 2021

Updated on:
Jun 22nd, 2021

1

Campbell Soup stock brief

  • Campbell Soup closed on Monday at $45.55 after merely changing a 0.62%.
  • Campbell Soup presented its earnings report on June 9
  • Campbell Soup Company, together with its subsidiaries, engages in the manufacture and market food and beverage products. It operates through Meals & Beverages and Snacks segments.

Should I buy Campbell Soup stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $CPB stock a buy?

Currently, Campbell Soup stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $CPB will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Campbell Soup stock?

How to know when is it time to sell Campbell Soup stock?. Trading strategies let us to avoid impetuous decisions based on our personal moods or the buzz that surrounds the market. When selling, as well as buying, detailed setups are very easy to use but are only valid for selling stocks you already own, not for shorting Campbell Soup stock

As a rule of thumb, you must never mantain a trade that generates losses greater than those expected upon the buy. The moment to sell your stock must always be determined by the stop-loss (automatic or manual)

Is it time to sell Campbell Soup stock?

Currently, Campbell Soup stock doesn't match any of our preferred sell setups, so if you hold Campbell Soup shares and your operation is in profit probably is not time to sell now

Campbell Soup ratings

In the last month, 4 ratings were published for Campbell Soup

Campbell Soup analysts' ratings - Last month
Brokerage firmRating
May 24th, 2021
Jefferies Financial Group Strong buyNeutral
Jun 10th, 2021
Credit Suisse Group Neutral
Morgan Stanley
Piper Sandler Buy

Campbell Soup stock analysis

SMAs overview

CPB stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $45.61 (0.13% above)
  • R2: $45.63 (0.18% above)
  • R3: $45.74 (0.42% above)
  • The current supports are:

  • S1: $45.54 (-0.02% below)
  • S2: $45.33 (-0.48% below)
  • S3: $45.14 (-0.90% below)
  • Bollinger bands

    Since the price broke down the lower band on June 15, the price bounced off by 0.82%

    CPB stock Bollinger Bands chart

    Relative strength index

    The has been between the the levels of 30 and 70 for several weeks, and therefore, without this indicator really serving to help us make any decisions.

    CPB stock RSI chart

    Campbell Soup stock price history

    Campbell Soup went public on Feb 21st, 1973 priced at $0.00 per share1. Since then, CPB stock surged by -, with an average of 0.00% per year. An investment of $1,000USD at that time would have a value of $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    CPB stock price history chart

    Price target for Campbell Soup stock

    Nobody knows how much a share will be priced in the future. However, many stock price forecasts are issued every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, brokerage institutions publish their price predictions based on the stock price action and the company fundamental data. Most of these estimates follow the publication of new fundamental information by the company, and many times. Again, these targets are not direct recommendations for small traders and should not be trusted blindly.

    Averaging all price targets exposed below, the estimated price for Campbell Soup stock is $49.75. Campbell Soup closed at $45.55 on Monday, that is a 8.44% than the predicted price.

    Campbell Soup stock price predictions
    Brokerage firmPrice target
    May 24th, 2021
    Jefferies Financial Group $54.00
    Jun 10th, 2021
    Credit Suisse Group $47.00$46.00
    Morgan Stanley $50.00$48.00
    Piper Sandler $57.00$51.00

    Earnings and financials

    Campbell Soup ($CPB) had the quarterly investors event and posted the report on June 9. The company released earnings of $0.57 per share, worsening the Wall St consensus estimate of $0.66 per share.

    This compares to Earnings of $0.83 per share a year ago, so current EPS means a decrease of -31.33%. Looking at revenue, figures went down a -11.35% compared to $22.4B same quarter a year ago.

    Campbell Soup ($CPB) posts financial report next September. Wall Street analysts expect of $0.48, that is a 15.79% less than previous quarter.

    Campbell Soup performance

    CPB performance compared
    Company1m3m6m
    Campbell Soup ($CPB) -7.00% -10.40% -3.20%

    Disclaimer:
    The thoughts expressed in this article are personal and not recommendations for you to buy or sell stocks. The author of this document does not know the individual positions of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are expressed for informational reasons only

    Campbell Soup summary

    Monday, June 21st, 2021
    Open$45.35
    Close$45.55
    Day range$45.17 - $45.66
    Previous close$45.27
    Session gain0.62%
    Average true range$1.30
    50d mov avg$48.43
    100d mov avg$48.01
    200d mov avg$47.52
    Earnings dateSeptember 1st, 2021

    Frequently asked questions

    What is Campbell Soup stock symbol?

    Campbell Soup Company is a public company trading in the US stock market with the CPB symbol

    Is Campbell Soup stock a buy or sell?

    Campbell Soup received 4 ratings in the last 30 days: 1 bullish, 0 bearish and 2 neutral.

    Will CPB go up?

    Campbell Soup had different price predictions posted by analysts in the last 30 days setting the target price to $49.75. That is a 9.22% than the last price ($45.55).