Latest news with #MichaelLavery
Yahoo
30-05-2025
- Business
- Yahoo
How To Earn $500 A Month From Campbell's Stock Ahead Of Q3 Earnings
Campbell's Company (NASDAQ:CPB) will release its third-quarter earnings results before the opening bell on Monday, June 2. Analysts expect the Camden, New Jersey-based company to report quarterly earnings at 66 cents per share, down from 75 cents per share in the year-ago period. Campbell's projects to report quarterly revenue of $2.43 billion. Compare that to the $2.37 billion it reported last year, according to data from Benzinga Pro. On May 23, Piper Sandler analyst Michael Lavery maintained Campbell's with an Overweight rating and lowered the price target from $45 to $42. With the recent buzz around Campbell's, some investors may be eyeing potential gains from the company's dividends too. As of now, Campbell's offers an annual dividend yield of 4.57%, which is a quarterly dividend amount of 39 cents per share ($1.56 a year). So, how can investors exploit its dividend yield to pocket a regular $500 monthly? To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $131,418 or around 3,846 shares. For a more modest $100 per month or $1,200 per year, you would need $26,277 or around 769 shares. To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($1.56 in this case). So, $6,000 / $1.56 = 3,846 ($500 per month), and $1,200 / $1.56 = 769 shares ($100 per month). View more earnings on CPB Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time. How that works: The dividend yield is computed by dividing the annual dividend payment by the stock's current price. For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40). Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield. CPB Price Action: Shares of Campbell's gained 1.1% to close at $34.17 on More: Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? THE CAMPBELL'S (CPB): Free Stock Analysis Report This article How To Earn $500 A Month From Campbell's Stock Ahead Of Q3 Earnings originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-03-2025
- Business
- Yahoo
Why Investors Thought Freshpet Stock Was a bad boy Today
The stock market in general traded listlessly on Tuesday, but the trajectory of Freshpet (NASDAQ: FRPT) shares was particularly uninspiring. On the back of an analyst's price-target cut, the next-generation pet care specialist's stock closed the day nearly 3% lower. By contrast, the bellwether S&P 500 index essentially traded sideways. Before market open that day, Piper Sandler prognosticator Michael Lavery reduced his fair value assessment on Freshpet to $145 per share. That was down from his previous price target of $160. Lavery left his recommendation intact, however, which was good news for company bulls as this is and was overweight (buy, in other words). At the current share price, this new level anticipates 68% potential upside for Freshpet. According to reports, Lavery wrote that his move was based on the slowing revenue growth the company has demonstrated in recent weeks. He attributed this mainly to softened spending by lower- and middle-income customers; unfortunately, in his view, this should persist over the proximate future. On a brighter note, he added that higher-income consumers continue to spend. All in all, though, given the company's recent performance, the analyst believes its full-year 2025 results will land at the lower ends of its guidance. Although Lavery cut his price target and waxed somewhat pessimistic in his latest take, it's telling that he's maintaining his equivalent of a buy recommendation. The company's modern take on fresh, healthy comestibles for our animal friends is not only a novel approach, it's one that has found a solid customer base for this still relatively young company. I'd still be bullish on its future. Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $314,847!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $41,848!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $524,186!* Right now, we're issuing 'Double Down' alerts for three incredible companies, and there may not be another chance like this anytime soon.*Stock Advisor returns as of March 24, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Freshpet. The Motley Fool has a disclosure policy. Why Investors Thought Freshpet Stock Was a bad boy Today was originally published by The Motley Fool Sign in to access your portfolio
Yahoo
25-03-2025
- Entertainment
- Yahoo
Forza Taps: Forza Wine at the National Theatre announce return of hit summer terrace
From April 17, Bash Redford and Michael Lavery's Forza Wine at the National Theatre is reopening its Forza Taps summer terrace. Slightly larger than the offering from last year, at 80 seats instead of 60, the al fresco space opens again on the theatre's Weston Terrace, one floor below the restaurant itself. As the name suggests, the terrace is largely skewed towards drinks — lots of natural wine, cold beers and cocktails, with prices expected around the £10 mark. Alongside these is a menu of what they're calling 'picky bits' — grazing food to go with the booze. The menu will be built mostly around meats, cheeses, crisps and crisp-adjacent bits, pickles and olives. Drinkers can expect to snack on garlic toast, taralli — the Italian breadstick curled into the shape of a rudimentary snail — roasted ham, and Forza's take on arrosticini, the kebab-like grilled mutton street food typically found in Abruzzo. Forza's riffs include bavette steak with lardo; pork with 'nduja sauce; and polenta with a Chianti-spiked tomato sauce, which is vegetarian friendly. The skewers will come with pink onions and crisps 'for a salty, crunchy, tangy combo,' according to press material. Open until September, the terrace is for walk-in diners only, and will offer table service. Forza Taps will open on April 17 on the National Theatre's Weston Terrace. For more information, visit
Yahoo
06-02-2025
- Business
- Yahoo
Tyson Foods Stock Trading Around Fair Value, Analyst Upgrades Stock To Neutral
Piper Sandler analyst Michael Lavery upgraded the shares of Tyson Foods Inc (NYSE:TSN) from Underweight to Neutral and maintained the price forecast of $58. TSN reported a 9.1% Chicken EBIT margin in the first quarter, surpassing the analyst's 6.5% forecast, marking its best quarter since the second quarter of FY2018. The company achieved a Chicken order fill rate of over 98%, thanks to improvements in scheduling and execution that better aligned production with demand. Tyson Foods also reduced waste in its plants. Both retail and food service segments are expanding, with strong performance in its value-added portfolio. Additionally, it reintroduced fully cooked products in retail during the first quarter. The analyst forecasts a 7.4% Chicken EBIT margin for F25, though feed cost benefits are expected to diminish in later quarters. Cattle supply remains limited, and price spreads are narrow, but prices have stayed high due to stronger-than-expected consumer demand, said the analyst. The analyst anticipates that heifer retention may increase, which would be beneficial for herd rebuilding in the long run, but could reduce near-term supply and potentially pressure margins further. On February 1, 2025, President Trump announced that the U.S. would impose a 25% tariff on all imports from Canada and Mexico, effective February 4, 2025. However, U.S. and Mexico have agreed to postpone the tariffs for a month to focus on combating the fentanyl trade. Related Read: Tyson Foods exports a limited amount of chicken products to Canada and sends around 2.5% of its pork sales, along with some chicken leg quarters, to Mexico. Additionally, it imports feeder cows and hogs from Canada. Tyson Foods is prepared to adjust to any tariffs, with contingency plans in place to pivot to other markets quickly, opined the analyst. While the analyst expects solid EBIT for the second and third quarters, the outlook for future quarters remains uncertain. The analyst has raised the FY25 EPS estimate from $3.45 to $3.93 but kept the FY26 EPS at $4.55 and the target price at $58. Price Action: TSN shares are trading lower by 1.54% at $56.85 at the last check Tuesday. Photo via Shutterstock. Date Firm Action From To Feb 2022 Barclays Downgrades Overweight Equal-Weight Feb 2022 Stephens & Co. Maintains Overweight Feb 2022 Credit Suisse Maintains Neutral View More Analyst Ratings for TSN View the Latest Analyst Ratings UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? TYSON FOODS (TSN): Free Stock Analysis Report This article Tyson Foods Stock Trading Around Fair Value, Analyst Upgrades Stock To Neutral originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
