Monthly Drifts in Cal-Maine Foods, Inc. (CALM) Stock: A Closer Look

Cal-Maine Foods, Inc. [CALM] stock prices are up 3.32% to $73.69 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CALM shares have gain 6.26% over the last week, with a monthly amount glided 2.58%, 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

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.

The stock price of Cal-Maine Foods, Inc. [CALM] has been fluctuating between $42.25 and $73.37 over the past year. Currently, Wall Street analysts expect the stock to reach $60 within the next 12 months. Cal-Maine Foods, Inc. [NASDAQ: CALM] shares were valued at $73.69 at the most recent close of the market. An investor can expect a potential drop of -18.58% based on the average CALM price forecast.

Analyzing the CALM fundamentals

The Cal-Maine Foods, Inc. [NASDAQ:CALM] reported sales of 2.33B for trailing twelve months, representing a drop of -6.95%. 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 0.16 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 72.21 points at the first support level, and at 70.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.45, and for the 2nd resistance point, it is at 75.22.

Ratios To Look Out For

It’s worth pointing out that Cal-Maine Foods, Inc. [NASDAQ:CALM]’s Current Ratio is 5.45. In addition, the Quick Ratio stands at 4.30 and the Cash Ratio stands at 1.04. Considering the valuation of this stock, the price to sales ratio is 1.54, the price to book ratio is 2.01 and price to earnings (TTM) ratio is 12.96.

Transactions by insiders

Recent insider trading involved Holladay Robert L Jr, VP – General Counsel, that happened on Aug 20 ’24 when 1500.0 shares were sold. COO, Walters Michael Todd completed a deal on Jul 31 ’24 to sell 3000.0 shares. Meanwhile, Director Poole James E sold 1500.0 shares on Jul 26 ’24.

Related Posts