Cal-Maine Foods(CALM)

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New Strong Buy Stocks for May 5th
ZACKS· 2025-05-05 13:20
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:GeneDx Holdings Corp. (WGS) : This genomics-related diagnostic and information services company has seen the Zacks Consensus Estimate for its current year earnings increasing 12.4% over the last 60 days.NatWest Group plc (NWG) : This banking and financial services company has seen the Zacks Consensus Estimate for its current year earnings increasing 5.6% over the last 60 days.Herbalife Nutrition Ltd. (HLF) : This company that offers hea ...
Best Value Stocks to Buy for May 5th
ZACKS· 2025-05-05 10:35
Group 1: Herbalife Nutrition Ltd. (HLF) - Herbalife Nutrition has a Zacks Rank of 1 and a 9.8% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 3.83, compared to the industry average of 5.20 [1] - Herbalife possesses a Value Score of A [1] Group 2: Cal-Maine Foods, Inc. (CALM) - Cal-Maine Foods also carries a Zacks Rank of 1, with a significant 46.2% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [2] - The company has a P/E ratio of 4.08, lower than the industry average of 5.50 [2] - Cal-Maine holds a Value Score of A [2] Group 3: Euroseas Ltd. (ESEA) - Euroseas has a Zacks Rank of 1 and an 8% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [3] - The company’s P/E ratio stands at 2.24, significantly lower than the industry average of 6.20 [3] - Euroseas also possesses a Value Score of A [3]
Margins Surge For Cal-Maine Foods, But Little Clarity On The Future Of The Egg Industry
Seeking Alpha· 2025-04-16 15:52
Core Insights - The article emphasizes the importance of identifying underappreciated companies that can provide value to investors through a contrarian investment philosophy [1]. Group 1: Author's Background - The author has 20 years of experience in foreign policy research and over 25 years in investment analysis, focusing on deep-discount value plays [1]. - The author began analyzing securities during college and has contributed to various reputable publications, including Forbes and Seeking Alpha [1]. Group 2: Investment Philosophy - The investment approach is centered around finding micro-cap stocks that are undervalued, with a focus on returning value to investors [1]. - The author has been influenced by the contrarian investment philosophy of David Dreman, which prioritizes value over momentum investing [1].
Why Cal-Maine Foods Stock Cracked Today
The Motley Fool· 2025-04-16 15:41
Eggs may be expensive, but this egg stock is going on sale.Shares of Cal-Maine Foods (CALM -3.65%), America's biggest egg producer, dropped 3% through 11:10 a.m. ET this morning -- for reasons that had nothing to do with inflation or the rising price of eggs.Rather, Cal-Maine stock tumbled because a handful of its biggest shareholders are selling the stock, and Cal-Maine itself is buying back some of that stock at a discount. Selling (and buying) Cal-Maine stockLet's start with the selling. Cal-Maine announ ...
Cal-Maine Foods (CALM) Just Overtook the 50-Day Moving Average
ZACKS· 2025-04-11 14:30
Cal-Maine Foods (CALM) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, CALM broke out above the 50-day moving average, suggesting a short-term bullish trend.One of the three major moving averages, the 50-day simple moving average is commonly used by traders and analysts to determine support or resistance levels for different types of securities. However, the 50-day is considered to be more important since it's the first marker of an ...
Cal-Maine Foods (CALM) Just Flashed Golden Cross Signal: Do You Buy?
ZACKS· 2025-04-10 14:35
After reaching an important support level, Cal-Maine Foods (CALM) could be a good stock pick from a technical perspective. CALM surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a well-liked trading tool because it provides a look back at a stock's price over a 20-day period. Additionally, short-term traders find this SMA very beneficial, as it smooths out short-term price trends and shows more trend reversal signals than longer-term ...
Why Cal-Maine Foods Shares Were Volatile Today
The Motley Fool· 2025-04-09 19:26
Cal-Maine Foods (CALM 2.46%), the nation's largest egg producer, missed on earnings but announced an agreement to acquire breakfast food manufacturer Echo Lake Foods. Investors weren't sure what to make of it all. In a volatile day for broader markets, shares of Cal-Maine fell 8% at the open, soared as high as up 6% mid-day, and were up about 3% heading into the close.A busy quarterEgg prices have been in the news due to the impact of bird flu, but Cal-Maine is trying its best to remain focused on business ...
CALM Q3 Earnings & Sales Surge Y/Y on High Egg Prices & Demand
ZACKS· 2025-04-09 18:05
Core Viewpoint Cal-Maine Foods, Inc. (CALM) has reported significant financial improvements in the third quarter of fiscal 2025, driven by high demand and elevated egg prices, despite challenges posed by avian influenza outbreaks affecting supply. Financial Performance - Earnings per share (EPS) reached $10.38, a substantial increase from $3.00 in the same quarter last year [1] - Total sales surged to $1.42 billion, reflecting a 102% year-over-year increase due to higher net average selling prices and increased volumes sold [3] - Gross profit was approximately $716 million, marking a 228% increase from the previous year, with a gross margin of 50.5%, up from 31.1% [7] Pricing and Sales Volume - The net average selling price per dozen eggs was $4.06, an 80.7% increase year-over-year, with conventional eggs seeing a 121.5% rise to $4.766 per dozen [4] - Cal-Maine sold a record 331.4 million dozen shell eggs, a 10% increase from the previous year, with conventional egg sales up 11% and specialty egg sales up 9% [5] Cost and Margin Analysis - Farm production costs per dozen decreased by 5.7% year-over-year, while feed costs per dozen fell by 9.6% [6] - Operating profit was reported at $636 million, compared to $163 million in the prior year, with an operating margin of 44.8% [8] Cash Position and Shareholder Returns - The company ended the quarter with cash and cash equivalents of $1.24 billion, up from $812 million at the end of fiscal 2024 [9] - A $500 million share repurchase program was approved, and a cash dividend of $3.46 per share was declared [9][10] Industry Challenges - Ongoing outbreaks of highly pathogenic avian influenza (HPAI) have led to significant depopulation of commercial laying hens, impacting overall supply [12] - The USDA reported the table-egg layer flock at approximately 285 million as of March 1, 2025, the lowest level since September 2015 [12] Growth Initiatives - Cal-Maine is investing $60 million in capital projects to expand cage-free capacity, including the addition of new layer houses [14] - The company is acquiring Echo Lake Foods for $258 million, which is expected to enhance its presence in the value-added food segment [16][17] Stock Performance - Cal-Maine shares have increased by 44.7% over the past year, contrasting with a 19.8% decline in the industry [18]
Kura Sushi Posts Downbeat Results, Joins Cal-Maine Foods And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Benzinga· 2025-04-09 12:02
U.S. stock futures were lower this morning, with the Dow futures falling more than 600 points on Wednesday. Shares of Kura Sushi USA Inc KRUS fell sharply in today's pre-market trading as the company posted downbeat results for its second quarter. Kura Sushi USA reported a quarterly loss of 14 cents per share which missed the analyst consensus estimate of loss of 13 cents per share. The company reported quarterly sales of $64.89 million which missed the analyst consensus estimate of $64.91 million. Kura Sus ...
Cal-Maine shares slide after egg giant acknowledges DOJ probe into sky-high prices
New York Post· 2025-04-09 00:55
Core Viewpoint - Cal-Maine Foods, the largest US egg producer, is under investigation by the Justice Department for potential antitrust violations related to egg price increases, leading to a decline in its stock price by over 4% in after-hours trading [1]. Company Performance - Cal-Maine reported nearly doubled sales of $1.42 billion in its fiscal third quarter ending March 1, primarily driven by higher egg prices, which averaged $4.06 per dozen, up from $2.25 per dozen a year ago [4][7]. - The company sold a record 331.4 million dozen eggs in the third quarter, marking a 10% increase from the same period last year [6]. - Despite the significant increase in sales, Cal-Maine's revenue fell short of Wall Street's forecast of $1.43 billion [4]. Financial Metrics - The net income for Cal-Maine in the third quarter more than tripled to $508.5 million compared to the same period last year, translating to a profit of $10.38 per share, which was below analysts' expectations of $10.72 per share [7]. Industry Context - Egg prices have reached record highs, with one dozen Grade A eggs averaging $5.90 in February, a 10.4% increase from the previous year, surpassing January's record of $4.95 [3]. - The surge in egg prices is largely attributed to a bird flu epidemic that has resulted in the culling of over 166 million birds, primarily egg-laying chickens [3][5].