Cal Maine Foods Inc (NASDAQ: CALM) has reported E.P.S. of $2.32 for its fourth fiscal quarter (ending May 31) versus $2.28 for the same period a year ago — an increase of 2%. For the latest four quarters through May 31, E.P.S. were $5.70 compared to $15.58 a year ago — a decline of -63%.
Recent Price Action
Cal Maine Foods Inc (NASDAQ: CALM) stock closed at $64.83 on 7/23/24 after a modest gain of 0.5%. NORMAL trading volume accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 3.3% during the last week.
Current PriceTarget Research Rating
CALM is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Cal Maine Foods has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Cal Maine Foods has a good Power Rating of 81 and a very high Appreciation Score of 96, producing the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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