September 21, 2022, Cal-Maine Foods Inc. (NASDAQ: CALM) trading session started at the price of $58.74, that was 4.55% jump from the session before. During the day, the shares moved up to $61.73 and dropped to $58.1701 before settling in for the closing price of $58.22. A 52-week range for CALM has been $34.29 – $59.95.
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Consumer Defensive Sector giant saw their annual sales surged by 10.60% over the last five years. When this article was written, the company’s average yearly earnings per share was at 93.40%. With a float of $32.93 million, this company’s outstanding shares have now reached $47.66 million.
The firm has a total of 2985 workers. Let’s measure their productivity. In terms of profitability, gross margin is +19.09, operating margin of +7.91, and the pretax margin is +9.34.
Cal-Maine Foods Inc. (CALM) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cal-Maine Foods Inc. stocks. The insider ownership of Cal-Maine Foods Inc. is 14.79%, while institutional ownership is 96.70%. The most recent insider transaction that took place on Apr 05, was worth 215,188. In this transaction Vice President Sales of this company sold 3,675 shares at a rate of $58.55, taking the stock ownership to the 4,810 shares.
Cal-Maine Foods Inc. (CALM) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 5/30/2022, it has been observed that the corporation posted $2.25 earnings per share (EPS) during the time that was better than consensus figure (set at $1.84) by $0.41. This company achieved a net margin of +7.46 while generating a return on equity of 12.53. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 93.40% per share during the next fiscal year.
Cal-Maine Foods Inc. (NASDAQ: CALM) Trading Performance Indicators
You can see what Cal-Maine Foods Inc. (CALM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.52. Likewise, its price to free cash flow for the trailing twelve months is 50.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.76, a number that is poised to hit 2.11 in the next quarter and is forecasted to reach 2.40 in one year’s time.
Technical Analysis of Cal-Maine Foods Inc. (CALM)
Analysing the last 5-days average volume posted by the [Cal-Maine Foods Inc., CALM], we can find that recorded value of 0.72 million was better than the volume posted last year of 0.69 million. As of the previous 9 days, the stock’s Stochastic %D was 82.66%. Additionally, its Average True Range was 1.78.
During the past 100 days, Cal-Maine Foods Inc.’s (CALM) raw stochastic average was set at 95.16%, which indicates a significant increase from 91.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.63% in the past 14 days, which was higher than the 36.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.46, while its 200-day Moving Average is $48.10. Now, the first resistance to watch is $62.34. This is followed by the second major resistance level at $63.82. The third major resistance level sits at $65.90. If the price goes on to break the first support level at $58.78, it is likely to go to the next support level at $56.70. Should the price break the second support level, the third support level stands at $55.22.
Cal-Maine Foods Inc. (NASDAQ: CALM) Key Stats
There are 48,940K outstanding shares of the company, which has a market capitalization of 2.71 billion. As of now, sales total 1,777 M while income totals 132,650 K. Its latest quarter income was 577,070 K while its last quarter net income were 109,990 K.