Cal-Maine Foods, Inc. (NASDAQ: CALM) on Tuesday, plunged -0.03% from the previous trading day, before settling in for the closing price of $59.70. Within the past 52 weeks, CALM’s price has moved between $42.25 and $64.76.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 19.69%. The company achieved an average annual earnings per share of -64.69%. With a float of $40.51 million, this company’s outstanding shares have now reached $44.18 million.
Considering the fact that the conglomerate employs 2976 people, you should pay attention to its efficiency factor.
Cal-Maine Foods, Inc. (CALM) Breakdown of a Key Holders of the stock
Observing investor behavior towards Farm Products industry stocks is more important than anything else. The insider ownership of Cal-Maine Foods, Inc. is 17.39%, while institutional ownership is 84.84%. 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) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -64.69% per share during the next fiscal year.
Cal-Maine Foods, Inc. (NASDAQ: CALM) Trading Performance Indicators
Cal-Maine Foods, Inc. (CALM) is currently performing well based on its current performance indicators. A quick ratio of 4.40 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.23. Likewise, its price to free cash flow for the trailing twelve months is 11.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.64, a number that is poised to hit 2.09 in the next quarter and is forecasted to reach 2.92 in one year’s time.
Technical Analysis of Cal-Maine Foods, Inc. (CALM)
Compared to the last year’s volume of 0.67 million, its volume of 0.76 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 29.80%. Additionally, its Average True Range was 1.73.
During the past 100 days, Cal-Maine Foods, Inc.’s (CALM) raw stochastic average was set at 72.26%, which indicates a significant increase from 18.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.72% in the past 14 days, which was lower than the 27.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $59.14, while its 200-day Moving Average is $51.83. Nevertheless, the first resistance level for the watch stands at $60.35 in the near term. At $61.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $61.56. If the price goes on to break the first support level at $59.15, it is likely to go to the next support level at $58.62. Now, if the price goes above the second support level, the third support stands at $57.94.
Cal-Maine Foods, Inc. (NASDAQ: CALM) Key Stats
Market capitalization of the company is 2.93 billion based on 49,038K outstanding shares. Right now, sales total 3,146 M and income totals 758,020 K. The company made 703,080 K in profit during its latest quarter, and 146,710 K in sales during its previous quarter.
