Cal Maine Foods Stock Analysis

CALM Stock  USD 58.62  0.84  1.41%   
Cal Maine Foods is overvalued with Real Value of 53.89 and Target Price of 49.5. The main objective of Cal Maine stock analysis is to determine its intrinsic value, which is an estimate of what Cal Maine Foods is worth, separate from its market price. There are two main types of Cal Maine's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Cal Maine's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Cal Maine's stock to identify patterns and trends that may indicate its future price movements.
The Cal Maine stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Cal Maine is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Cal Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Cal Maine's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cal Maine Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Cal Stock Analysis Notes

About 96.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.76. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cal-Maine Foods has Price/Earnings To Growth (PEG) ratio of 0.75. The entity recorded earning per share (EPS) of 9.26. The firm last dividend was issued on the 30th of January 2024. Cal Maine had 2:1 split on the 3rd of November 2014. Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi. Cal-Maine Foods operates under Farm Products classification in the United States and is traded on NASDAQ Exchange. It employs 2845 people. For more info on Cal Maine Foods please contact Adolphus Baker at 601 948 6813 or go to https://www.calmainefoods.com.

Cal Maine Quarterly Total Revenue

523.23 Million

Cal-Maine Foods Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Cal Maine's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Cal Maine Foods or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Cal-Maine Foods has a poor financial position based on the latest SEC disclosures
Over 96.0% of the company shares are held by institutions such as insurance companies
On 15th of February 2024 Cal Maine paid $ 0.116 per share dividend to its current shareholders
Latest headline from zacks.com: Cal-Maine Foods Stock Dips While Market Gains Key Facts

Cal-Maine Foods Upcoming and Recent Events

Earnings reports are used by Cal Maine to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cal Maine previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of March 2024
Upcoming Quarterly Report
View
23rd of July 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
23rd of July 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
31st of May 2023
Last Financial Announcement
View

Cal Largest EPS Surprises

Earnings surprises can significantly impact Cal Maine's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
1999-12-21
1999-11-30-0.06-0.050.0116 
1999-07-27
1999-05-31-0.01-0.02-0.01100 
2012-10-01
2012-08-310.180.20.0211 
View All Earnings Estimates

Cal Maine Thematic Classifications

In addition to having Cal Maine stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Agriculture Idea
Agriculture
USA Equities from Agriculture industry as classified by Fama & French

Cal Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Cal Maine is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cal Maine Foods backward and forwards among themselves. Cal Maine's institutional investor refers to the entity that pools money to purchase Cal Maine's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Ci Private Wealth Llc2023-12-31
788.7 K
American Century Companies Inc2023-12-31
786.9 K
William Blair Investment Management, Llc2023-12-31
673.6 K
Morgan Stanley - Brokerage Accounts2023-12-31
558.8 K
Charles Schwab Investment Management Inc2023-12-31
528.5 K
Amvescap Plc.2023-12-31
510.5 K
Bank Of New York Mellon Corp2023-12-31
478.2 K
Northern Trust Corp2023-12-31
439.6 K
Heartland Advisors Inc2023-12-31
363.9 K
Blackrock Inc2023-12-31
6.7 M
Vanguard Group Inc2023-12-31
4.8 M
Note, although Cal Maine's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cal Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cal Maine's market, we take the total number of its shares issued and multiply it by Cal Maine's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Cal Profitablity

Cal Maine's profitability indicators refer to fundamental financial ratios that showcase Cal Maine's ability to generate income relative to its revenue or operating costs. If, let's say, Cal Maine is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Cal Maine's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Cal Maine's profitability requires more research than a typical breakdown of Cal Maine's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.17 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07.
Last ReportedProjected for 2024
Return On Capital Employed 0.21  0.12 
Return On Assets 0.13  0.07 
Return On Equity 0.18  0.11 

Management Efficiency

Cal-Maine Foods has return on total asset (ROA) of 0.1903 % which means that it generated a profit of $0.1903 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3059 %, meaning that it created $0.3059 on every $100 dollars invested by stockholders. Cal Maine's management efficiency ratios could be used to measure how well Cal Maine manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of March 2024, Return On Capital Employed is likely to drop to 0.12. In addition to that, Return On Assets is likely to drop to 0.07. At this time, Cal Maine's Total Assets are very stable compared to the past year. As of the 28th of March 2024, Non Current Assets Total is likely to grow to about 1 B, while Other Current Assets are likely to drop about 5.9 M.
Last ReportedProjected for 2024
Price Book Value Ratio 2.82  1.54 
Enterprise Value Multiple 11.80  11.21 
Price Fair Value 2.82  1.54 
The analysis of Cal Maine's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Cal Maine's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Cal Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0526
Forward Dividend Yield
0.0526
Forward Dividend Rate
3.08
Beta
(0.08)

Technical Drivers

As of the 28th of March, Cal Maine shows the Mean Deviation of 1.0, risk adjusted performance of 0.0393, and Downside Deviation of 1.42. Cal-Maine Foods technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Cal Maine Foods, which can be compared to its rivals. Please confirm Cal-Maine Foods information ratio, as well as the relationship between the value at risk and expected short fall to decide if Cal-Maine Foods is priced correctly, providing market reflects its regular price of 58.62 per share. Given that Cal Maine has jensen alpha of (0.03), we suggest you to validate Cal Maine Foods's prevailing market performance to make sure the company can sustain itself at a future point.

Cal-Maine Foods Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Cal Maine middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Cal-Maine Foods. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Cal-Maine Foods Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cal Maine insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cal Maine's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cal Maine insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Cal Maine Predictive Daily Indicators

Cal Maine intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cal Maine stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Cal Maine Corporate Filings

F4
20th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
15th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
13th of February 2024
An amended filing to the original Schedule 13G
ViewVerify
F4
6th of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
22nd of January 2024
An amended filing to the original Schedule 13G
ViewVerify
F4
16th of January 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
3rd of January 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
1st of December 2023
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Cal Maine Forecast Models

Cal Maine's time-series forecasting models are one of many Cal Maine's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cal Maine's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Cal Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cal Maine prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cal shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Cal Maine. By using and applying Cal Stock analysis, traders can create a robust methodology for identifying Cal entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.11  0.06 
Operating Profit Margin 0.10  0.06 
Net Profit Margin 0.08  0.04 
Gross Profit Margin 0.21  0.16 

Current Cal Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cal analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cal analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
49.5Buy3Odds
Cal Maine Foods current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Cal analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cal stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cal-Maine Foods, talking to its executives and customers, or listening to Cal conference calls.
Cal Analyst Advice Details

Cal Stock Analysis Indicators

Cal Maine Foods stock analysis indicators help investors evaluate how Cal Maine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cal Maine shares will generate the highest return on investment. By understating and applying Cal Maine stock analysis, traders can identify Cal Maine position entry and exit signals to maximize returns.
Begin Period Cash Flow59.1 M
Common Stock Shares Outstanding48.8 M
Total Stockholder Equity1.6 B
Total Cashflows From Investing Activities-375.1 M
Tax Provision241.8 M
Quarterly Earnings Growth Y O Y-0.914
Property Plant And Equipment Net744.5 M
Cash And Short Term Investments647.9 M
Cash292.8 M
Accounts Payable82.6 M
Net Debt-292.8 M
50 Day M A57.2402
Total Current Liabilities182.7 M
Other Operating Expenses2.2 B
Non Current Assets Total829.6 M
Common Stock Total Equity751 K
Non Currrent Assets Other1.5 M
Stock Based Compensation4.2 M
When determining whether Cal-Maine Foods is a strong investment it is important to analyze Cal Maine's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cal Maine's future performance. For an informed investment choice regarding Cal Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cal Maine Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Cal Stock analysis

When running Cal Maine's price analysis, check to measure Cal Maine's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cal Maine is operating at the current time. Most of Cal Maine's value examination focuses on studying past and present price action to predict the probability of Cal Maine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cal Maine's price. Additionally, you may evaluate how the addition of Cal Maine to your portfolios can decrease your overall portfolio volatility.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Is Cal Maine's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cal Maine. If investors know Cal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cal Maine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.91)
Dividend Share
3.081
Earnings Share
9.26
Revenue Per Share
54.821
Quarterly Revenue Growth
(0.35)
The market value of Cal-Maine Foods is measured differently than its book value, which is the value of Cal that is recorded on the company's balance sheet. Investors also form their own opinion of Cal Maine's value that differs from its market value or its book value, called intrinsic value, which is Cal Maine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cal Maine's market value can be influenced by many factors that don't directly affect Cal Maine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cal Maine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cal Maine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cal Maine's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.