Cal-Maine Foods, Inc (NASDAQ: CALM) is -10.05% lower on its value in year-to-date trading and has touched a low of $55.15 and a high of $116.41 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CALM stock was last observed hovering at around $90.33 in the last trading session, with the day’s gains setting it 2.25%.
Currently trading at $92.58, the stock is 2.23% and -1.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.8 million and changing 2.49% at the moment leaves the stock 6.77% off its SMA200. CALM registered 47.14% gain for a year compared to 6-month gain of 7.04%. The firm has a 50-day simple moving average (SMA 50) of $94.4348 and a 200-day simple moving average (SMA200) of $86.706.
The stock witnessed a 5.65% loss in the last 1 month and extending the period to 3 months gives it a -10.71%, and is -0.54% 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 7.72% over the week and 5.03% over the month.
Cal-Maine Foods, Inc (CALM) has around 3067 employees, a market worth around $4.54B and $3.80B in sales. Current P/E ratio is 4.57 and Fwd P/E is 12.55. Profit margin for the company is 26.08%. Distance from 52-week low is 67.88% and -20.47% from its 52-week high. The company has generated returns on investments over the last 12 months (41.60%).
with sales reaching $876.4M over the same period.The EPS is expected to grow by 329.76% this year, but quarterly earnings will post 73.43% year-over-year. Quarterly sales are estimated to grow 36.77% in year-over-year returns.
537.0 institutions hold shares in Cal-Maine Foods, Inc (CALM), with institutional investors hold 96.34% of the company’s shares. The shares outstanding are 44.25M, and float is at 41.27M with Short Float at 13.63%. Institutions hold 91.77% 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 13.865 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).
