Campbell Soup (NYSE:CPB) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totalling 27,661,348 shares, a growth of 14.3% from the April 30th total of 24,206,216 shares. Based on an average daily volume of 2,780,127 shares, the short-interest ratio is currently 9.9 days. Currently, 16.0% of the company’s stock are sold short.

A number of analysts have commented on the company. JPMorgan Chase & Co. reissued an “overweight” rating and set a $48.00 price objective (down from $50.00) on shares of Campbell Soup in a report on Tuesday, February 20th. ValuEngine downgraded Campbell Soup from a “hold” rating to a “sell” rating in a research note on Wednesday, April 18th. Morgan Stanley cut their target price on Campbell Soup from $49.00 to $46.00 and set an “underweight” rating on the stock in a research note on Tuesday, February 20th. Credit Suisse Group restated an “underperform” rating and issued a $40.00 target price on shares of Campbell Soup in a research note on Monday, April 16th. Finally, TheStreet downgraded Campbell Soup from a “b-” rating to a “c” rating in a research note on Friday, May 18th. Ten investment analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the stock. Campbell Soup currently has an average rating of “Sell” and a consensus price target of $40.21.

Campbell Soup stock opened at $33.64 on Friday. Campbell Soup has a 12 month low of $33.28 and a 12 month high of $58.78. The company has a current ratio of 0.68, a quick ratio of 0.35 and a debt-to-equity ratio of 5.73. The company has a market capitalization of $10.30 billion, a P/E ratio of 11.07, a PEG ratio of 2.11 and a beta of 0.33.

Campbell Soup (NYSE:CPB) last posted its quarterly earnings data on Friday, May 18th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.60 by $0.10. Campbell Soup had a return on equity of 56.59% and a net margin of 5.97%. The business had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter in the prior year, the business earned $0.59 earnings per share. Campbell Soup’s revenue for the quarter was up 14.7% on a year-over-year basis. analysts predict that Campbell Soup will post 2.87 earnings per share for the current year.

A number of institutional investors have recently bought and sold shares of CPB. Acadian Asset Management LLC lifted its stake in Campbell Soup by 419.4% in the fourth quarter. Acadian Asset Management LLC now owns 29,282 shares of the company’s stock valued at $1,409,000 after purchasing an additional 23,644 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in Campbell Soup by 38.1% in the fourth quarter. Assenagon Asset Management S.A. now owns 50,570 shares of the company’s stock valued at $2,433,000 after purchasing an additional 13,954 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in Campbell Soup by 1.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 108,596 shares of the company’s stock valued at $5,225,000 after purchasing an additional 1,421 shares during the last quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH lifted its stake in Campbell Soup by 33.0% in the fourth quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 37,432 shares of the company’s stock valued at $1,825,000 after purchasing an additional 9,289 shares during the last quarter. Finally, Bollard Group LLC lifted its stake in Campbell Soup by 3.2% in the fourth quarter. Bollard Group LLC now owns 58,695 shares of the company’s stock valued at $2,824,000 after purchasing an additional 1,815 shares during the last quarter. Institutional investors and hedge funds own 48.61% of the company’s stock.

About Campbell Soup

Campbell Soup Company, together with its subsidiaries, manufactures and markets branded food and beverage products. It operates through three segments: Americas Simple Meals and Beverages, Global Biscuits and Snacks, and Campbell Fresh. The Americas Simple Meals and Beverages segment engages in the retail and food service of Campbell's condensed and ready-to-serve soups; Swanson broth and stocks; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pastas, beans, and dinner sauces; Swanson canned poultry products; Plum food and snack products; V8 juices and beverages; and Campbell's tomato juices in the United States, Canada, and Latin America.

Receive News & Ratings for Campbell Soup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Campbell Soup and related companies with MarketBeat.com's FREE daily email newsletter.