Cal-Maine Foods, Inc (NASDAQ: CALM) is -9.54% 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 $90.17 in the last trading session, with the day’s gains setting it 2.93%.
Currently trading at $93.10, the stock is -0.07% and 1.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.24 million and changing 3.25% at the moment leaves the stock 5.75% off its SMA200. CALM registered 57.21% gain for a year compared to 6-month loss of -1.38%. The firm has a 50-day simple moving average (SMA 50) of $92.074 and a 200-day simple moving average (SMA200) of $88.03405.
The stock witnessed a 4.37% gain in the last 1 month and extending the period to 3 months gives it a -18.50%, and is -5.72% 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 3.41% over the week and 4.52% over the month.
Cal-Maine Foods, Inc (CALM) has around 3067 employees, a market worth around $5.01B and $3.80B in sales. Current P/E ratio is 4.60 and Fwd P/E is 11.13. Profit margin for the company is 26.08%. Distance from 52-week low is 68.83% and -20.02% from its 52-week high. The company has generated returns on investments over the last 12 months (41.60%).
with sales reaching $883.54M over the same period.The EPS is expected to grow by 309.61% this year, but quarterly earnings will post 73.63% year-over-year. Quarterly sales are estimated to grow 37.88% in year-over-year returns.
Cal-Maine Foods, Inc (CALM) Top Institutional Holders
537.0 institutions hold shares in Cal-Maine Foods, Inc (CALM), with institutional investors hold 89.14% of the company’s shares. The shares outstanding are 44.25M, and float is at 41.27M with Short Float at 12.51%. Institutions hold 83.21% 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 9.6607 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 BAKER ADOLPHUS B, the company’s Board Chair. SEC filings show that BAKER ADOLPHUS B sold 1,147,350 shares of the company’s common stock on Apr 17 ’25 at a price of $90.60 per share for a total of $103.95 million. Following the sale, the insider now owns 0.23 million shares.
Cal-Maine Foods, Inc disclosed in a document filed with the SEC on Apr 17 ’25 that BAKER ADOLPHUS B (Board Chair) sold a total of 140,266 shares of the company’s common stock. The trade occurred on Apr 17 ’25 and was made at $90.60 per share for $12.71 million. Following the transaction, the insider now directly holds 1.32 million shares of the CALM stock.
Still, SEC filings show that on Jan 14 ’25, Poole James E (Director) disposed off 909 shares at an average price of $109.97 for $99963.0. The insider now directly holds 9,261 shares of Cal-Maine Foods, Inc (CALM).
