Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Cal-Maine Foods, Inc. (NASDAQ: CALM) closed the day trading at $59.22 down -1.89% from the previous closing price of $60.36. In other words, the price has decreased by -$1.89 from its previous closing price. On the day, 0.85 million shares were traded. CALM stock price reached its highest trading level at $60.68 during the session, while it also had its lowest trading level at $59.17.
Ratios:
For a better understanding of CALM, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.61. For the most recent quarter (mrq), Quick Ratio is recorded 4.40 and its Current Ratio is at 5.65. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stephens on April 25, 2023, Downgraded its rating to Equal-Weight and sets its target price to $60 from $67 previously.
BofA Securities Downgraded its Buy to Underperform on May 26, 2021, whereas the target price for the stock was revised from $47 to $38.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 20 ’24 when HARDIN CHARLES JEFF sold 750 shares for $56.51 per share. The transaction valued at 42,382 led to the insider holds 3,999 shares of the business.
Poole James E sold 3,000 shares of CALM for $167,718 on Feb 14 ’24. The Director now owns 11,670 shares after completing the transaction at $55.91 per share. On Feb 02 ’24, another insider, HARDIN CHARLES JEFF, who serves as the Executive Vice President Sales of the company, sold 4,458 shares for $56.56 each. As a result, the insider received 252,165 and left with 17,830 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 2904048128 and an Enterprise Value of 2206413568. As of this moment, Cal-Maine’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.50, and their Forward P/E ratio for the next fiscal year is 20.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 1.68. Its current Enterprise Value per Revenue stands at 0.929 whereas that against EBITDA is 5.599.
Stock Price History:
Over the past 52 weeks, CALM has reached a high of $64.76, while it has fallen to a 52-week low of $42.25. The 50-Day Moving Average of the stock is 0.67%, while the 200-Day Moving Average is calculated to be 14.91%.
Shares Statistics:
Over the past 3-months, CALM traded about 637.24K shares per day on average, while over the past 10 days, CALM traded about 714010 shares per day. A total of 44.18M shares are outstanding, with a floating share count of 40.51M. Insiders hold about 17.39% of the company’s shares, while institutions hold 85.01% stake in the company. Shares short for CALM as of 1711584000 were 2871672 with a Short Ratio of 4.51, compared to 1709164800 on 3678379. Therefore, it implies a Short% of Shares Outstanding of 2871672 and a Short% of Float of 9.54.
Dividends & Splits
CALM’s forward annual dividend rate is 3.08, up from 1.879 a year ago. The stock’s 5-year Average Dividend Yield is 2.87.
Earnings Estimates
The dynamic stock of Cal-Maine Foods, Inc. (CALM) is currently being evaluated by a team of Cornerstone Strategic Value Fd analysts, each contributing to its current rating.The consensus estimate for the next quarter is $50.05, with high estimates of $59.22 and low estimates of $29.44.
