The shares of Campbell Soup Company (NYSE:CPB) has been pegged with a rating of Underweight by Piper Jaffray in its latest research note that was published on September 14th, 2018. The research company has also assigned a $35 price target. Piper Jaffray wasn’t the only research firm that published a report of Campbell Soup Company, with other equities research analysts also giving their opinion on the stock. Wolfe Research advised investors in its research note published on September 5th, 2018, to Underperform the CPB stock. The stock had earned Underweight rating from JP Morgan when it published its report on August 10th, 2018. The stock was given Hold rating by Stifel in its report released on May 21st, 2018, the day when the price target on the stock was placed at $35. Barclays was of a view that CPB is Underweight in its latest report on May 21st, 2018 while giving it a price target of $33. BofA/Merrill thinks that CPB is worth Underperform rating. This was contained in the firm’s report on May 21st, 2018.
Amongst the analysts that rated the stock, 2 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $34.83. The price of the stock the last time has raised by 32.76% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 67.45.
The shares of the company added by 1.24% during the trading session on Tuesday, reaching a low of $41.72 while ending the day at $42.53. During the trading session, a total of 2.27 million shares were traded which represents a -2.7% decline from the average session volume which is 2.21M shares. CPB had ended its last session trading at 42.01. Campbell Soup Company currently has a market cap of $12.79B, while its P/E ratio stands at 20.13, while its P/E earnings growth sits at 1.37, with a beta of 0.52. Campbell Soup Company debt-to-equity ratio currently stands at 7.56, while its quick ratio hovers at 0.40. CPB 52-week low price stands at $32.03 while its 52-week high price is $43.98.
The company in its last quarterly report recorded $0.56 earnings per share which is above the $0.47 predicted by most analysts. The Campbell Soup Company generated $2,388.00 million in revenue during the last quarter, which is slightly higher than the $2,365.40 million predicted by analysts. In the second quarter last year, the firm recorded $0.77 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -37.5%. Campbell Soup Company has the potential to record 2.11 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Deutsche Bank published a research note on June 11th, 2019 where it informed investors and clients that Honda Motor Co., Ltd. (NYSE:HMC) is now rated as Buy. Wolfe Research also rated HMC as Downgrade on September 5th, 2018, with its price target of $32 suggesting that HMC could surge by 22.02% from its current share price. Even though the stock has been trading at $25.71/share, analysts expect it to surge higher by 0.97% to reach $33.29/share. It started the day trading at $26.09 and traded between $25.81 and $25.96 throughout the trading session.
A look at its technical shows that HMC’s 50-day SMA is 26.85 while its 200-day SMA stands at 27.84. The stock has a high of $32.76 for the year while the low is $24.43. The company’s P/E ratio currently sits at 8.14, while the P/B ratio is 0.60. At the moment, only of Honda Motor Co., Ltd. shares were sold short. The company’s average trading volume currently stands at 523.18K shares, which means that the short-interest ratio is just 1.93 days. Over the past seven days, the company moved, with its shift of 1.88%. Looking further, the stock has dropped -5.05% over the past 90 days while it lost -3.46% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. American Century Investment Manag bought more HMC shares, increasing its portfolio by +8.82% during the last quarter. This move now sees American Century Investment Manag purchasing 467,837 shares in the last quarter, thus it now holds 5,774,111 shares of HMC, with a total valuation of $142,100,872. Macquarie Investment Management B meanwhile bought more HMC shares in the recently filed quarter, changing its stake to $77,816,648 worth of shares. Equity Investment Corp followed the path by increasing its HMC portfolio by +17.66% in the quarter. This means that Equity Investment Corp bought 349,614 shares in the last quarter and now controls 2,329,659 shares of the HMC stock, with the valuation hitting $57,332,908.
Similarly, Northern Trust Investments Inc increased its Honda Motor Co., Ltd. shares by +1.50% during the recently filed quarter. After buying 26,737 shares in the last quarter, the firm now controls 1,805,349 shares of Honda Motor Co., Ltd. which are valued at $44,429,639. In the same vein, Brandes Investment Partners LP increased its Honda Motor Co., Ltd. shares by during the most recent reported quarter. The firm bought 140,063 shares during the quarter which increased its stakes to 1,716,893 shares and is now valued at $42,252,737. Following these latest developments, around 0.30% of Honda Motor Co., Ltd. stocks are owned by institutional investors and hedge funds.