On Monday, Cal-Maine Foods, Inc (NASDAQ: CALM) opened higher 3.91% from the last session, before settling in for the closing price of $90.43. Price fluctuations for CALM have ranged from $45.07 to $95.06 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 16.36%. Company’s average yearly earnings per share was noted 45.34% at the time writing. With a float of $40.54 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 28.02%, operating margin of 18.39%, and the pretax margin is 21.0%.
Cal-Maine Foods, Inc (CALM) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Farm Products industry is another important factor to consider. The insider ownership of Cal-Maine Foods, Inc is 16.86%, while institutional ownership is 80.34%. 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
If we go through the results of last quarter, which was made public on 8/31/2024, the company posted 0.35 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.91) by -0.56. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 45.34% per share during the next fiscal year.
Cal-Maine Foods, Inc (NASDAQ: CALM) Trading Performance Indicators
Check out the current performance indicators for Cal-Maine Foods, Inc (CALM). In the past quarter, the stock posted a quick ratio of 3.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.73. Likewise, its price to free cash flow for the trailing twelve months is 11.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.73, a number that is poised to hit 2.96 in the next quarter and is forecasted to reach 3.23 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 0.44 million was inferior to 0.6 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 66.19%. Additionally, its Average True Range was 2.55.
During the past 100 days, Cal-Maine Foods, Inc’s (CALM) raw stochastic average was set at 96.83%, which indicates a significant increase from 88.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.23% in the past 14 days, which was higher than the 26.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $83.93, while its 200-day Moving Average is $67.41. Now, the first resistance to watch is $95.56. This is followed by the second major resistance level at $97.14. The third major resistance level sits at $99.33. If the price goes on to break the first support level at $91.79, it is likely to go to the next support level at $89.60. The third support level lies at $88.02 if the price breaches the second support level.
Cal-Maine Foods, Inc (NASDAQ: CALM) Key Stats
There are currently 49,039K shares outstanding in the company with a market cap of 4.58 billion. Presently, the company’s annual sales total 2,326 M according to its annual income of 277,890 K. Last quarter, the company’s sales amounted to 785,870 K and its income totaled 149,980 K.
