Cal-Maine Foods, Inc. (NASDAQ: CALM) kicked off on Tuesday, down -0.13% from the previous trading day, before settling in for the closing price of $71.38. Over the past 52 weeks, CALM has traded in a range of $42.25-$72.70.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 16.36%. While this was happening, its average annual earnings per share was recorded 8.38%. With a float of $40.60 million, this company’s outstanding shares have now reached $44.24 million.
The extent of productivity of a business whose workforce counts for 3067 workers is very important to gauge. In terms of profitability, gross margin is 23.28%, operating margin of 13.23%, and the pretax margin is 15.47%.
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 16.74%, while institutional ownership is 80.45%. The most recent insider transaction that took place on Aug 20 ’24, was worth 106,397. In this transaction VP – General Counsel of this company sold 1,500 shares at a rate of $70.93, taking the stock ownership to the 16,754 shares. Before that another transaction happened on Jul 31 ’24, when Company’s COO sold 3,000 for $70.20, making the entire transaction worth $210,600. This insider now owns 5,310 shares in total.
Cal-Maine Foods, Inc. (CALM) Latest Financial update
In the latest quarterly report, which was put into the public domain on 5/31/2024, the organization reported 0.02 earnings per share (EPS), lower than consensus estimate (set at 0.33) by -0.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.85 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.38% 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 4.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.49. Likewise, its price to free cash flow for the trailing twelve months is 11.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.68, a number that is poised to hit 2.58 in the next quarter and is forecasted to reach 3.34 in one year’s time.
Technical Analysis of Cal-Maine Foods, Inc. (CALM)
The latest stats from [Cal-Maine Foods, Inc., CALM] show that its last 5-days average volume of 0.37 million was inferior to 0.61 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 58.13%. Additionally, its Average True Range was 1.41.
During the past 100 days, Cal-Maine Foods, Inc.’s (CALM) raw stochastic average was set at 91.97%, which indicates a significant increase from 64.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 9.27% in the past 14 days, which was lower than the 24.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $66.42, while its 200-day Moving Average is $58.97. Now, the first resistance to watch is $71.94. This is followed by the second major resistance level at $72.58. The third major resistance level sits at $73.20. If the price goes on to break the first support level at $70.67, it is likely to go to the next support level at $70.05. The third support level lies at $69.41 if the price breaches the second support level.
Cal-Maine Foods, Inc. (NASDAQ: CALM) Key Stats
The company with the Market Capitalisation of 3.48 billion has total of 49,038K Shares Outstanding. Its annual sales at the moment are 2,326 M in contrast with the sum of 277,890 K annual income. Company’s last quarter sales were recorded 640,790 K and last quarter income was 113,240 K.
