Analysts’ Recommendations for Campbell Soup Stock
Of the 16 analysts covering Campbell Soup stock, 13.0% recommended a “buy,” 56.0% recommended a “hold,” and 31.0% recommended a “sell.”
Despite benefiting from ongoing restructuring initiatives aimed at reducing costs, Campbell Soup’s (CPB) margins fell during the quarter.
Campbell Soup marked a stark fall in its top line in February due to low consumer spending amid a shift towards healthier foods and a delay in tax returns.
Campbell Soup (CPB) reported lower-than-expected fiscal 3Q17 earnings on May 19, 2017. The adjusted EPS of $0.59 missed Wall Street analysts’ estimate.
Tyson Foods’ (TSN) gross margin decreased 140 basis points to 11.5% during fiscal 2Q17 due to decreased sales volumes, increased costs, and lower average selling prices.
Of the analysts covering Tyson Foods (TSN), 59% recommended a “buy” for the Tyson Foods stock, 33% recommended a “hold,” and 8% rated it a “sell.”
Tyson Foods’ (TSN) Beef segment’s sales fell 4.2% due to a 1.1% decline in volumes and a 3.1% decrease in average selling prices.
Tyson Foods’ (TSN) management projects its fiscal 2017 adjusted EPS to range from $4.90–$5.05, representing a rise of 12.0%–15.0% year-over-year.
Tyson Foods (TSN) reported its fiscal 2Q17 results on May 8, 2017. TSN’s EPS missed analysts’ estimates and decreased year-over-year, reflecting sluggish volume.
The majority of analysts covering Kellogg (K) remain neutral on the stock, given the industry-wide slowdown.
Similar to many of its peers, Kellogg (K) is focusing on lowering costs and generating productivity savings to boost profitability amid a slow growth environment.
Kellogg’s (K) international business’s comparable sales (excluding acquisitions and Venezuela operations impact) fell in Europe and Latin America.
Kellogg (K) continues to struggle in North America like most of its peers as a result of weak consumption trends.
Kellogg’s (K) 1Q17 sales of $3.3 billion missed the Wall Street consensus estimate and fell 4.1% YoY (year-over-year).
Kellogg’s (K) adjusted EPS (earnings per share) of $1.06 came in ahead of Wall Street analysts’ consensus estimate of $0.99.
The majority of analysts covering Kraft Heinz (KHC) remain positive on the stock. However, analysts’ consensus outlook could change in the days to come.
The majority of packaged food manufacturers continue to struggle in the domestic market owing to a fall in consumption. Kraft Heinz’s (KHC) net sales fell 3.5% in the United States.
All of Kraft Heinz’s (KHC) business segments reported sharp falls in their adjusted EBITDAs (earnings before interest, tax, depreciation, and amortization) in 1Q17.
Kraft Heinz’s (KHC) sales of $6.4 billion missed analysts’ consensus estimate of $6.5 billion and fell 3.1% YoY (year-over-year), reflecting weak volumes.
Kraft Heinz (KHC), which reported its 1Q17 results on May 3, 2017, joined the long list of packaged food manufacturers who have disappointed with their performances.