Cal-Maine Foods, Inc (NASDAQ: CALM) is 5.52% higher on its value in year-to-date trading and has touched a low of $54.53 and a high of $116.41 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 $106.15 in the last trading session, with the day’s gains setting it 2.45%.
Currently trading at $108.60, the stock is -1.36% and 2.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing 2.31% at the moment leaves the stock 34.42% off its SMA200. CALM registered 93.62% gain for a year compared to 6-month gain of 54.79%. The firm has a 50-day simple moving average (SMA 50) of $106.1246 and a 200-day simple moving average (SMA200) of $80.5322.
The stock witnessed a -1.25% loss in the last 1 month and extending the period to 3 months gives it a 19.30%, and is -0.16% down 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 4.97% over the week and 4.00% over the month.
Cal-Maine Foods, Inc (CALM) has around 3067 employees, a market worth around $5.33B and $3.08B in sales. Current P/E ratio is 8.45 and Fwd P/E is 21.27. Profit margin for the company is 20.39%. Distance from 52-week low is 99.16% and -6.71% from its 52-week high. The company has generated returns on investments over the last 12 months (30.75%).
with sales reaching $953.76M over the same period.The EPS is expected to grow by 231.17% this year, but quarterly earnings will post 45.23% year-over-year. Quarterly sales are estimated to grow 35.66% in year-over-year returns.
475.0 institutions hold shares in Cal-Maine Foods, Inc (CALM), with institutional investors hold 97.98% of the company’s shares. The shares outstanding are 44.23M, and float is at 40.79M with Short Float at 10.54%. Institutions hold 90.13% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.75 million shares valued at $412.77 million. The investor’s holdings represent 13.8622 of the CALM Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.71 million shares valued at $287.61 million to account for 9.6587 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 2.62 million shares representing 5.3698 and valued at over $159.86 million, while RENAISSANCE TECHNOLOGIES LLC holds 4.3427 of the shares totaling 2.12 million with a market value of $129.29 million.
Cal-Maine Foods, Inc (CALM) Insider Activity
The most recent transaction is an insider sale by Poole James E, the company’s Director. SEC filings show that Poole James E sold 909 shares of the company’s common stock on Jan 14 ’25 at a price of $109.97 per share for a total of $99963.0. Following the sale, the insider now owns 9261.0 shares.
Cal-Maine Foods, Inc disclosed in a document filed with the SEC on Jan 14 ’25 that Sanders Steve W (Director) sold a total of 750 shares of the company’s common stock. The trade occurred on Jan 14 ’25 and was made at $109.97 per share for $82478.0. Following the transaction, the insider now directly holds 25420.0 shares of the CALM stock.
Still, SEC filings show that on Jan 14 ’25, Young Camille S (Director) disposed off 909 shares at an average price of $109.97 for $99963.0. The insider now directly holds 7,639 shares of Cal-Maine Foods, Inc (CALM).
