Campbell Soup Co. (CPB, Financial) Director Bennett Dorrance purchased 915,766 shares for $57.34 per share on March 30, according to an SEC filing.
He now owns over 46 million shares total.
Headquartered in Camden, New Jersey, Campbell Soup is a food company that manufactures and markets food products.
Founded in 1869, it is now a leading global manufacturer and marketer of branded convenience food products, most notably soup.The company's product assortment includes well-known brands like Campbell's, Pace, Prego, Swanson, V8 and Pepperidge Farm.
Campbell Soup has a market cap of $17.42 billion, a price-earnings (P/E) ratio of 35.78, an enterprise value of $20.6 billion, a price-book (P/B) ratio of 11.88, a current ratio of 0.78 and a quick ratio of 0.44.
According to GuruFocus, Campbell has a 5 of 10 financial strength rating with a cash-debt ratio of 0.09 and an equity-asset ratio of 0.19. Its Altman Z-Score of 3.46 indicates the company is financially stable and not in danger of filing for bankruptcy. The company’s Beneish M-Score of -2.89 suggests it is not a manipulator of its financial statements.
The company has a 7 of 10 profitability and growth rating. It has an operating margin of 15.90%, a net margin of 6.27%, a return on assets (ROA) of 6.27% and a three-year revenue growth rate of 0.30%.
Campbell's stock price has fallen an estimated 13% over the previous year. The company’s dividend yield is currently 2.32%, which is close to its one-year high.
Pioneer Investments (Trades, Portfolio) added to its stake in Campbell Soup during the fourth quarter. Since then, its stock price has gained an estimated 2%.
According to the Peter Lynch Chart below, Campbell Soup is trading above its intrinsic value.
Disclosure: Author does not own any shares of this company.
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