For its first fiscal quarter (ending August 31), Cal Maine Foods Inc (NASDAQ: CALM) has reported E.P.S. of $3.08 compared to $0.02 a year ago. For the latest four quarters through August 31, E.P.S. were $8.76 compared to $13.02 a year ago.
Recent Price Action
Cal Maine Foods Inc (NASDAQ: CALM) stock enjoyed a large increase of 2.7% on 10/1/24. The stock closed at $76.84. Moreover, this advance was accompanied by exceptionally high trading volume at 233% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 3.0% 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 Appreciation Score of 73 and a very high Power Rating of 89, triggering 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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