Campbell Soup Company (CPB) stock is lower by 4.40% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
Campbell Soup Company has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CPB!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With CPB Stock Today?
Campbell Soup Company (CPB) stock is lower by -1.29% while the S&P 500 is higher by 0.19% as of 12:48 PM on Tuesday, Aug 24. CPB is lower by -$0.55 from the previous closing price of $42.52 on volume of 1,351,537 shares. Over the past year the S&P 500 is up 30.80% while CPB is lower by -20.35%. CPB earned $2.63 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.99.
To see InvestorsObserver's Sentiment Score for Campbell Soup Company click here.
More About Campbell Soup Company
With a history that dates back around 150 years, Campbell Soup is now a leading manufacturer and marketer of branded convenience food products, most notably soup. The firm's product assortment includes well-known brands like Campbell's, Pace, Prego, Swanson, V8, and Pepperidge Farm. Following the sale of its international snacking operations, the firm derives nearly all of its sales from its home turf. Campbell has made a handful of acquisitions to reshape its product mix the past few years, including the tie-up with Snyder's-Lance (completed in March 2018), which enhances its exposure to the faster-growing on-trend snack food aisle, complementing its Pepperidge Farm lineup.
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