Campbell Soup's most recent trend suggests a bearish bias. One trading opportunity on Campbell Soup is a Bear Call Spread using a strike $35.00 short call and a strike $40.00 long call offers a potential 12.36% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $35.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock rose above the $40.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Campbell Soup is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Campbell Soup is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Campbell Soup
[$$] Food Companies Churn Through CEOs, Desperate for Fresh Ideas
Tue, 29 May 2018 23:45:30 +0000
America’s food giants are shedding a generation of CEOs at a remarkable rate, the culmination of years of bleak sales in an industry that until recently, had gone unshaken for half a century. Over the past two years, at least 16 major packaged-food and beverage chief executives have stepped down, according to a Wall Street Journal analysis. The departure of Campbell Soup Co. chief Denise Morrison earlier this month followed CEO changes at General Mills Inc., Mondelez International Inc., Kellogg Co., Nestle USA, Hershey Co., J.M. Smucker Co. and Twinkie-maker Hostess.
Campbell Soup CEO Is Stepping Down
Tue, 29 May 2018 20:24:04 +0000
Denise Morrison has been at the helm since 2011.
Should Value Investors Pick Campbell Soup (CPB) Stock?
Tue, 29 May 2018 13:30:01 +0000
Let's put Campbell Soup Company (CPB) stock into this equation and find out if it is a good choice for value-oriented investors right now
Analysts Play It Safe with a ‘Hold’ Consensus on HRL
Tue, 29 May 2018 12:20:29 +0000
Most analysts who are providing recommendations on Hormel Foods (HRL) have maintained “hold” ratings on the stock. As of May 24, of the 12 analysts covering the stock, 58% have recommended “holds,” 42% have recommended “buys,” and none have recommended “sells” on the stock. Since Hormel’s fiscal Q2 2018 results announcement on May 24, there has been just one target price change.
How Do Hormel Foods’ Second-Quarter EPS Numbers Stack Up?
Tue, 29 May 2018 12:20:26 +0000
Hormel Foods (HRL) reported adjusted EPS of $0.44, which fell short of estimates of $0.45, in fiscal Q2 2018. Hormel Foods’ second-quarter gross margin was 21.3%, a contraction of 100 basis points from the previous quarter. Increases in the cost of goods proved a drag on the company’s gross margin.
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