News articles about Cal-Maine Foods (NASDAQ:CALM) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cal-Maine Foods earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned news stories about the basic materials company an impact score of 46.1161102309403 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Several research firms have issued reports on CALM. BidaskClub raised Cal-Maine Foods from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Stephens raised Cal-Maine Foods from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $35.00 to $50.00 in a report on Tuesday, October 3rd. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $37.90.
Cal-Maine Foods (NASDAQ:CALM) traded up $0.70 during trading hours on Friday, reaching $44.40. The company’s stock had a trading volume of 272,709 shares, compared to its average volume of 320,672. Cal-Maine Foods has a twelve month low of $33.40 and a twelve month high of $46.15. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.67 and a quick ratio of 4.14.
Cal-Maine Foods (NASDAQ:CALM) last issued its quarterly earnings data on Monday, October 2nd. The basic materials company reported ($0.33) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.18). Cal-Maine Foods had a negative return on equity of 6.97% and a negative net margin of 5.41%. The company had revenue of $262.80 million for the quarter, compared to the consensus estimate of $265.50 million. During the same period in the prior year, the company earned ($0.64) EPS. The firm’s revenue was up 9.6% compared to the same quarter last year. equities research analysts predict that Cal-Maine Foods will post 0.28 EPS for the current year.
About Cal-Maine Foods
Cal-Maine Foods, Inc is a producer and marketer of shell eggs in the United States. The Company operates through the segment of production, grading, packaging, marketing and distribution of shell eggs. It offers shell eggs, including specialty and non-specialty eggs. It classifies cage free, organic and brown eggs as specialty products.
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