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The closing price of Cal-Maine Foods, Inc. (NASDAQ: CALM) was $88.56 for the day, down -2.85% from the previous closing price of $91.16. In other words, the price has decreased by -$2.85 from its previous closing price. On the day, 0.78 million shares were traded. CALM stock price reached its highest trading level at $90.96 during the session, while it also had its lowest trading level at $87.78.
Ratios:
Our analysis of CALM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.02. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 4342681088 and an Enterprise Value of 3585599744. As of this moment, Cal-Maine’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.14, and their Forward P/E ratio for the next fiscal year is 27.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.63 while its Price-to-Book (P/B) ratio in mrq is 2.28. Its current Enterprise Value per Revenue stands at 1.352 whereas that against EBITDA is 6.086.
Stock Price History:
Over the past 52 weeks, CALM has reached a high of $95.06, while it has fallen to a 52-week low of $44.30. The 50-Day Moving Average of the stock is 15.55%, while the 200-Day Moving Average is calculated to be 38.18%.
Shares Statistics:
CALM traded an average of 570.21K shares per day over the past three months and 645330 shares per day over the past ten days. A total of 44.24M shares are outstanding, with a floating share count of 40.55M. Insiders hold about 16.85% of the company’s shares, while institutions hold 80.40% stake in the company. Shares short for CALM as of 1727654400 were 1987455 with a Short Ratio of 3.49, compared to 1724976000 on 1840538. Therefore, it implies a Short% of Shares Outstanding of 1987455 and a Short% of Float of 7.049999999999999.
Dividends & Splits
With its trailing 12-month dividend rate of 2.902, CALM has a forward annual dividend rate of 1.89. Against a Trailing Annual Dividend Yield of 0.031834137The stock’s 5-year Average Dividend Yield is 2.87.