Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Cal-Maine Foods, Inc (NASDAQ: CALM) closed at $100.59 down -2.24% from its previous closing price of $102.89. In other words, the price has decreased by -$2.24 from its previous closing price. On the day, 0.64 million shares were traded. CALM stock price reached its highest trading level at $103.05 during the session, while it also had its lowest trading level at $98.45.
Ratios:
For a deeper understanding of Cal-Maine Foods, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.34. For the most recent quarter (mrq), Quick Ratio is recorded 3.23 and its Current Ratio is at 4.13. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On April 25, 2023, Stephens Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $67 to $60.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 20 ’24 when Holladay Robert L Jr sold 1,500 shares for $70.93 per share. The transaction valued at 106,397 led to the insider holds 16,754 shares of the business.
Walters Michael Todd sold 3,000 shares of CALM for $210,600 on Jul 31 ’24. The COO now owns 5,310 shares after completing the transaction at $70.20 per share. On Jul 26 ’24, another insider, Poole James E, who serves as the Director of the company, sold 1,500 shares for $70.65 each. As a result, the insider received 105,971 and left with 10,170 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CALM now has a Market Capitalization of 4932591616 and an Enterprise Value of 4288293888. As of this moment, Cal-Maine’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.52, and their Forward P/E ratio for the next fiscal year is 29.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 2.59. Its current Enterprise Value per Revenue stands at 1.616 whereas that against EBITDA is 7.279.
Stock Price History:
Over the past 52 weeks, CALM has reached a high of $114.06, while it has fallen to a 52-week low of $53.02. The 50-Day Moving Average of the stock is 5.46%, while the 200-Day Moving Average is calculated to be 38.43%.
Shares Statistics:
For the past three months, CALM has traded an average of 603.84K shares per day and 808720 over the past ten days. A total of 44.24M shares are outstanding, with a floating share count of 40.54M. Insiders hold about 16.86% of the company’s shares, while institutions hold 80.34% stake in the company. Shares short for CALM as of 1732838400 were 2967159 with a Short Ratio of 4.91, compared to 1730332800 on 2887997. Therefore, it implies a Short% of Shares Outstanding of 2967159 and a Short% of Float of 10.5299994.
Dividends & Splits
According to the company, the forward annual dividend rate for CALM is 2.90, from 2.902 in the trailing year. Against a Trailing Annual Dividend Yield of 0.028204879The stock’s 5-year Average Dividend Yield is 2.87.
