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Cal-Maine Foods (CALM)
NASDAQ:CALM
Cal-Maine Foods (CALM) Stock Price & Analysis
594 Followers
CALM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$42.16 - $64.76
Previous Close$60.09
Volume754.30K
Average Volume (3M)650.87K
Market Cap
$2.95B
Enterprise Value$2.25B
Total Cash (Recent Filing)$694.84M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)10.7
Beta0.33
Next Earnings
Jul 16, 2024EPS Estimate
$2.09Next Dividend Ex-Date
Apr 30, 2024Dividend Yield5.12%
Share Statistics
EPS (TTM)5.64
Shares Outstanding49,038,326
10 Day Avg. Volume666,211
30 Day Avg. Volume650,865
Standard Deviation0.08
R-Squared0.00141
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)1.77
Price to Sales (P/S)3.78
Price to Cash Flow (P/CF)4.50
P/FCF Ratio5.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.95
Enterprise Value/Gross Profit1.88
Enterprise Value/Ebitda5.92
Forecast
1Y Price Target
$56.00Price Target Upside-6.81% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering2
Cal-Maine Foods News
PremiumCompany Announcements
Cal-Maine Foods Announces Executive Retirement and Succession
Bulls Say, Bears Say
Bulls Say
EarningsGAAP EPS of $3.00 came in modestly above the estimate of $2.90.
Financial ForecastAnalyst's estimates for CALM's FY3Q24 earnings are raised due to higher egg prices and further declines in feed costs.
Market PerformanceEgg prices increased significantly, with average prices in February about 49% higher than in previous months.
Bears Say
Profitability ConcernsThe market is overestimating the sustainability of CALM's excess profits from the recent HPAI-induced supply shocks.
Stock ValuationThe current valuation presents an unfavorable risk/reward ratio, with a potential downside of 18.7% from the current price.
Supply And DemandSupply uncertainty posed by HPAI continues, affecting market supply/demand balance.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CALM FAQ
What was Cal-Maine Foods’s price range in the past 12 months?
Cal-Maine Foods lowest stock price was $42.16 and its highest was $64.76 in the past 12 months.
What is Cal-Maine Foods’s market cap?
Currently, no data Available
When is Cal-Maine Foods’s upcoming earnings report date?
Cal-Maine Foods’s upcoming earnings report date is Jul 16, 2024 which is in 84 days.
How were Cal-Maine Foods’s earnings last quarter?
Cal-Maine Foods released its earnings results on Apr 02, 2024. The company reported $3 earnings per share for the quarter, beating the consensus estimate of $2.453 by $0.547.
Is Cal-Maine Foods overvalued?
According to Wall Street analysts Cal-Maine Foods’s price is currently Overvalued.
Does Cal-Maine Foods pay dividends?
Cal-Maine Foods pays a Quarterly dividend of $1 which represents an annual dividend yield of 5.12%. See more information on Cal-Maine Foods dividends here
What is Cal-Maine Foods’s EPS estimate?
Cal-Maine Foods’s EPS estimate is $2.09.
How many shares outstanding does Cal-Maine Foods have?
Cal-Maine Foods has 44,238,327 shares outstanding.
What happened to Cal-Maine Foods’s price movement after its last earnings report?
Cal-Maine Foods reported an EPS of $3 in its last earnings report, beating expectations of $2.453. Following the earnings report the stock price went up 3.616%.
Which hedge fund is a major shareholder of Cal-Maine Foods?
Among the largest hedge funds holding Cal-Maine Foods’s share is Diamond Hill Capital Management Inc. It holds Cal-Maine Foods’s shares valued at 81M.
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Cal-Maine Foods Stock Smart Score
Underperform
1
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9
10
Analyst Consensus
Moderate Sell
Average Price Target:
$56.00 (-6.81% Downside)
$56.00 (-6.81% Downside)
Blogger Sentiment
Bullish
CALM Sentiment 91%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 407.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $520.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.6%
Last 30 Days ▼ 0.8%
Last 30 Days ▼ 0.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.81%
12-Months-Change
Fundamentals
Return on Equity
16.91%
Trailing 12-Months
Asset Growth
7.08%
Trailing 12-Months
Company Description
Cal-Maine Foods
Cal-Maine Foods, Inc. engages in the production, grading, packing, marketing, and distribution of fresh shell eggs. The firm operates farms, processing plants, hatcheries, feed mills, warehouses, offices and other properties. It markets shell eggs to national and regional grocery store chains, club stores, foodservice distributors, and egg product manufacturers. The company was founded by Fred R. Adams Jr. in 1957 and is headquartered in Jackson, MS.
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CALM Stock 12 Months Forecast
Average Price Target
$56.00
▼(-6.81% Downside)
Technical Analysis
Best Analysts Covering CALM
1 Year
1 Year Success Rate
0/10 ratings generated profit
1 Year Average Return
-17.12%
reiterated a sell rating 22 days ago
Copying Adam Samuelson's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -17.12% per trade.
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