Campbell Soup (CPB - Free Report) is a Zacks Rank #5 (Strong Sell) after the company has missed the last two earnings reports. Along with those two misses, estimates for the year and the next two-quarters. For that reason, it is the Bear Of The Day.
Campbell Soup Company, together with its consolidated subsidiaries, is a global manufacturer and marketer of high quality, branded convenience food products. The company operates in three business segments: Soup and Sauces, Biscuits and Confectionery, and Away From Home.
The company has missed two of the last four reports.
While soup is a staple, investors may be wise to take a deep look at this stock. The stock is down, but sales have continued to grow. This fiscal year will see growth of around 1% and is looking for 1.5% for next year. Analysts are expecting EPS growth of 2% this fiscal year and 4% next fiscal year. Those growth numbers are below the industry average, but that could bring activists into this name.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>