Cal-Maine Foods, Inc. (NASDAQ: CALM) kicked off on Tuesday, down -0.73% from the previous trading day ,before settling in for the closing price of $62.92. Over the past 52 weeks, CALM has traded in a range of $42.25-$64.76.
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Annual sales at Consumer Defensive sector company grew by 19.69% over the past five years. While this was happening, its average annual earnings per share was recorded -64.93%. With a float of $40.46 million, this company’s outstanding shares have now reached $44.18 million.
Let’s look at the performance matrix of the company that is accounted for 2976 employees.
Cal-Maine Foods, Inc. (CALM) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Farm Products Industry. The insider ownership of Cal-Maine Foods, Inc. is 17.40%, while institutional ownership is 84.99%. The most recent insider transaction that took place on Feb 20 ’24, was worth 42,382. In this transaction Executive Vice President Sales of this company sold 750 shares at a rate of $56.51, taking the stock ownership to the 3,999 shares. Before that another transaction happened on Feb 14 ’24, when Company’s Director sold 3,000 for $55.91, making the entire transaction worth $167,718. This insider now owns 11,670 shares in total.
Cal-Maine Foods, Inc. (CALM) Latest Financial update
In the latest quarterly report, which was put into the public domain on 2/28/2024, the organization reported $3 earnings per share (EPS), higher than consensus estimate (set at $2.46) by $0.54. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -64.93% per share during the next fiscal year.
Cal-Maine Foods, Inc. (NASDAQ: CALM) Trading Performance Indicators
Take a look at Cal-Maine Foods, Inc.’s (CALM) current performance indicators. Last quarter, stock had a quick ratio of 4.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.29. Likewise, its price to free cash flow for the trailing twelve months is 12.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.64, a number that is poised to hit 1.97 in the next quarter and is forecasted to reach 2.45 in one year’s time.
Technical Analysis of Cal-Maine Foods, Inc. (CALM)
Cal-Maine Foods, Inc. (NASDAQ: CALM) saw its 5-day average volume 1.12 million, a positive change from its year-to-date volume of 0.66 million. As of the previous 9 days, the stock’s Stochastic %D was 79.51%. Additionally, its Average True Range was 1.82.
During the past 100 days, Cal-Maine Foods, Inc.’s (CALM) raw stochastic average was set at 88.32%, which indicates a significant increase from 76.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.67% in the past 14 days, which was lower than the 28.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $58.22, while its 200-day Moving Average is $51.05. Nevertheless, the first resistance level for the watch stands at $63.32 in the near term. At $64.19, the stock is likely to face the second major resistance level. The third major resistance level sits at $64.91. If the price goes on to break the first support level at $61.73, it is likely to go to the next support level at $61.01. The third support level lies at $60.14 if the price breaches the second support level.
Cal-Maine Foods, Inc. (NASDAQ: CALM) Key Stats
The company with the Market Capitalisation of 3.06 billion has total of 48,983K Shares Outstanding. Its annual sales at the moment are 3,146 M in contrast with the sum of 758,020 K annual income. Company’s last quarter sales were recorded 703,080 K and last quarter income was 146,710 K.
