Cal-Maine Foods, Inc. (NASDAQ: CALM) is 23.80% higher on its value in year-to-date trading and has touched a low of $42.25 and a high of $69.44 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CALM stock was last observed hovering at around $66.86 in the last trading session, with the day’s gains setting it 4.19%.
Currently trading at $71.05, the stock is 12.29% and 16.70% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing 6.27% at the moment leaves the stock 26.62% off its SMA200. CALM registered 57.64% gain for a year compared to 6-month gain of 29.91%.
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
The stock witnessed a 16.86% loss in the last 1 month and extending the period to 3 months gives it a 20.79%, and is 8.64% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.57% over the week and 2.57% over the month.
Cal-Maine Foods, Inc. (CALM) has around 2976 employees, a market worth around $3.48B and $2.37B in sales. Current P/E ratio is 12.60 and Fwd P/E is 21.27. Profit margin for the company is 11.61%. Distance from 52-week low is 68.17% and 2.31% from its 52-week high. The company has generated returns on investments over the last 12 months (15.99%).
The EPS is expected to shrink by -1.87% this year
The shares outstanding are 44.18M, and float is at 40.85M with Short Float at 5.13%.
Cal-Maine Foods, Inc. (CALM) Insider Activity
The most recent transaction is an insider sale by HARDIN CHARLES JEFF, the company’s Executive Vice President Sales. SEC filings show that HARDIN CHARLES JEFF sold 750 shares of the company’s common stock on Feb 20 ’24 at a price of $56.51 per share for a total of $42382.0. Following the sale, the insider now owns 3999.0 shares.
Cal-Maine Foods, Inc. disclosed in a document filed with the SEC on Feb 14 ’24 that Poole James E (Director) sold a total of 3,000 shares of the company’s common stock. The trade occurred on Feb 14 ’24 and was made at $55.91 per share for $0.17 million. Following the transaction, the insider now directly holds 11670.0 shares of the CALM stock.
Still, SEC filings show that on Feb 02 ’24, HARDIN CHARLES JEFF (Executive Vice President Sales) disposed off 4,458 shares at an average price of $56.56 for $0.25 million. The insider now directly holds 17,830 shares of Cal-Maine Foods, Inc. (CALM).