Cal-Maine Foods Inc. (CALM): What Top Wall Street Players are Saying

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Cal-Maine Foods Inc. kicked off the trading day on 10/10/19 with a price increase of 0.82%, equivalent to $0.32 relative change for the day. Taking a more long-term approach, CALM had a 52-week range of $36.65 to $50.69. At the time of this article’s publishing, this stock is trading at $39.47 after starting the trading session at $39.26. At the time of writing, this stock’s 50-day Moving Average stands at $41.67, while the 200-day Moving Average of this stock is currently $41.92.

Currently, this company’s share volume is sitting at $1016283, but has maintained average daily volume of $477.15K. This stock has generated an average Year to Date volume of $365643, alongside an average 20-day volume of $538725. This publicly-traded company’s shares outstanding now amounts to $48.30 million, simultaneously with a float of $30.25 million. The organization now has a market capitalization sitting at $1.91 billion.

Cal-Maine Foods Inc.(CALM) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. Cal-Maine Foods Inc.’s current insider ownership accounts for 0.10%, in contrast to 77.60% institutional ownership. According to the most recent latest insider trade that took place on Apr 16 this organization’s Vice President Sales sold 800 at the rate of 41.96, making the entire transaction hit 33,568 in total value, affecting insider ownership by 4,020. Preceding that transaction, on Apr 16 Company’s VP – General Counsel sold 1,200 at a price of 41.61, making the whole transaction’s value amount to 49,932. This particular insider is now the holder of 10,690 in total.

If we take a glance at the Ownership summary of Cal-Maine Foods Inc.’s stock, Institutional holders make up 77.60% of its total stock ownership. All together, they are the legal holders of 48.30M shares. If we focus on the top 3 stockholders for this publicly-traded organization, BlackRock Fund Advisors owns 4,181,413 shares, with T. Rowe Price Associates, Inc. (Investment Management) in 2nd place owning 3,382,598 shares and The Vanguard Group, Inc. in third place with total ownership of 3,268,495 shares.

Cal-Maine Foods Inc. (CALM) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on 8/30/2019, the organization reported -$0.94 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at -$0.85) by -$0.09.

This company achieved a net margin of -0.31 while generating a return on equity of -0.4. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.65 per share during the current fiscal year.

Cal-Maine Foods Inc.’s EPS decrease for this current 12-month fiscal period is -34.80%, and is forecasted to reach 1.48 in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will decrease by -10.00% through the next 5 years, which can be compared against the -13.20% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for Cal-Maine Foods Inc., this organization’s Quick Ratio in the last reported quarter now stands at 4.20. The company has managed to achieve an average true range (ATR) of 1.22. Alongside those, its Beta score is 0.40.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.51 for this organization. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 2.03, whereas its price to cash per share for the last quarter landed at 4.89.

In the same vein, CALM’s Diluted EPS (Earnings per Share) trailing twelve months was posted at -0.08, a figure that is expected to reach 0.08 in the next reported quarter, and analysts expect it will be 1.48 at the market close of one year from today’s date.