At the time of writing, Cal-Maine Foods, Inc. [CALM] stock is trading at $62.90, up 0.16%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CALM shares have gain 6.88% over the last week, with a monthly amount glided 10.02%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 4, April 2024, Cal-Maine Foods, Inc. Announces Retirement of Jeff Hardin. In a post published today on Yahoo Finance, Scott Hull to Assume Executive Officer Role for Sales.
From an analyst’s perspective:
Cal-Maine Foods, Inc. [NASDAQ: CALM] stock has seen the most recent analyst activity on April 25, 2023, when Stephens downgraded its rating to a Equal-Weight and also revised its price target to $60 from $67. Previously, Consumer Edge Research upgraded its rating to Overweight on March 30, 2022. On May 26, 2021, downgrade downgraded it’s rating to Underperform and revised its price target to $38 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $47 on October 28, 2020. Stephens upgraded its rating to a Overweight but $47 remained the price target by the analyst firm on March 17, 2020. Cleveland Research upgraded its rating to Neutral for this stock on January 07, 2020. In a note dated March 05, 2019, Stephens initiated an Equal-Weight rating.
For the past year, the stock price of Cal-Maine Foods, Inc. fluctuated between $42.25 and $63.14. Currently, Wall Street analysts expect the stock to reach $65 within the next 12 months. Cal-Maine Foods, Inc. [NASDAQ: CALM] shares were valued at $62.90 at the most recent close of the market. An investor can expect a potential return of 3.34% based on the average CALM price forecast.
Analyzing the CALM fundamentals
According to Cal-Maine Foods, Inc. [NASDAQ:CALM], the company’s sales were 2.37B for trailing twelve months, which represents an -29.52% plunge. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.17 and Total Capital is 0.16.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 62.03 points at the first support level, and at 61.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 64.27, and for the 2nd resistance point, it is at 65.63.
Cal-Maine Foods, Inc. [CALM] reported earnings per share of $3 for its fiscal quarter that ended on 2/28/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.46/share, meaning a difference of $0.54 and a surprise factor of 22.00%. By comparison, the stated earnings for the previous quarter ended on 11/29/2023 were $0.35 per share as compared to estimates of $0.83 per share, a difference of -$0.48 representing a surprise of -57.80%.
Ratios To Look Out For
It is important to note that Cal-Maine Foods, Inc. [NASDAQ:CALM] has a current ratio of 5.65. Also, the Quick Ratio is 4.40, while the Cash Ratio stands at 1.7. Considering the valuation of this stock, the price to sales ratio is 1.30, the price to book ratio is 1.79 and price to earnings (TTM) ratio is 11.15.
Transactions by insiders
Recent insider trading involved HARDIN CHARLES JEFF, Executive Vice President Sales, that happened on Feb 20 ’24 when 750.0 shares were sold. Director, Poole James E completed a deal on Feb 14 ’24 to sell 3000.0 shares. Meanwhile, Executive Vice President Sales HARDIN CHARLES JEFF sold 4458.0 shares on Feb 02 ’24.
