The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Cal-Maine Foods has an asset utilization ratio of 129.52 percent. This denotes that the company is making $1.3 for each dollar of assets. An increasing asset utilization means that Cal-Maine Foods IN is more efficient with each dollar of assets it utilizes for everyday operations.
About
15.0% of the company shares are held by company insiders. Cal-Maine Foods IN has price-to-book (P/B) ratio of 1.95. Some equities with similar Price to Book (P/B) outperform the market in the long run. The entity has Price/Earnings To Growth (PEG) ratio of 1.73. The firm last dividend was issued on the 30th of April 2019. Cal-Maine Foods had
2:1 split on the 3rd of November 2014.
The successful prediction of Cal Maine
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Cal Maine Foods, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Cal Maine based on Cal Maine hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Cal Maine's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Cal Maine's related companies.
Use Technical Analysis to project Cal expected Price
Cal Maine technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Cal Maine technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cal Maine trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Cal Maine Gross Profit
Cal Maine Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Cal Maine previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Cal Maine Gross Profit growth over the last 10 years. Please check Cal Maine's
gross profit and other
fundamental indicators for more details.
An Additional Perspective On Cal Maine Foods
Cal-Maine Foods IN reported the previous year's revenue of 1.44
B. Net Income was 66.97
M with profit before overhead, payroll, taxes, and interest of 182.51
M.
Cost of Revenue Breakdown
Cal-Maine Foods Cost of Revenue yearly trend continues to be relatively stable with very little volatility. Cost of Revenue may rise above about 1.2
B this year. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Cal-Maine Foods Cost of Revenue is relatively stable at the moment as compared to the past year. The company's current value of Cost of Revenue is estimated at 1.21 Billion
| 2010 | 1.07 Billion |
| 2013 | 1.14 Billion |
| 2019 | 1.17 Billion |
| 2020 | 1.14 Billion |
| 2021 | 1.21 Billion |
Cal-Maine may start a recoup in April
The variance is down to 1.96 as of today. Cal-Maine Foods IN has relatively low volatility with skewness of 0.63 and kurtosis of 1.48. However, we advise all investors to independently investigate Cal-Maine Foods IN to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cal-Maine Foods' stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cal-Maine Foods' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Final Perspective on Cal-Maine Foods
While some firms under the farm products industry are still a bit expensive, Cal-Maine Foods may offer a potential longer-term growth to stakeholders. With an optimistic outlook on your 30 days horizon, it may be a good time to acquire new shares of Cal-Maine or increase your existing holdings in the Stock as it seems the potential growth has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Cal-Maine Foods.
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Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time basis at the beginning of the pandemic and eventually acquired a real taste for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Cal Maine Foods. Please refer to our
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