Cal Maine Foods Inc (NASDAQ: CALM) has reported E.P.S. of $0.35 for its second fiscal quarter (ending November 30) versus $4.08 for the same period a year ago — a decline of -91%. For the latest four quarters through November 30, E.P.S. were $9.29 compared to $9.73 a year ago — a decline of -5%.
Recent Price Action
Cal Maine Foods Inc (NASDAQ: CALM) stock closed at $54.86 on 1/3/24 after a decline of -3.2%. Moreover, trading volume in this decline was unusually high at 195% of normal. The stock has been strong relative to the market over the last nine months but has declined -3.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, CALM is expected to be Value Creation neutral.
Cal Maine Foods has a current Value Trend Rating of D (Negative). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Cal Maine Foods has a poor Appreciation Score of 25 but a slightly positive Power Rating of 61, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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