Stock Rating Upgrade
The Value Trend Rating for Cal Maine Foods Inc (NASDAQ: CALM) rose significantly recently from D to A reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Cal Maine Foods Inc (NASDAQ: CALM) stock declined modestly by -1.8% on 1/5/24. The stock closed at $55.31. This decline was accompanied by normal trading volume. The stock has been strong relative to the market over the last nine months but has declined -2.4% during the last week.
Current PriceTarget Research Rating
CALM is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Cal Maine Foods has a current Value Trend Rating of A (Highest Rating). This VT Rating rose significantly in recent days from D previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Cal Maine Foods has a neutral Power Rating of 60 but a very high Appreciation Score of 96, with the Highest Value Trend Rating the result.
Be the first to comment