Cal-Maine Foods, Inc. which can be found using ticker (CALM) have now 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The range between the high target price and low target price is between $65.00 and $60.00 and has a mean target at $62.50. Given that the stocks previous close was at $59.68 this now indicates there is a potential upside of 4.7%. It’s also worth noting that there is a 50 day moving average of $59.20 while the 200 day moving average is $51.90. The company has a market cap of 2.88B. The current share price for the company is: $58.82 USD
The potential market cap would be $3,020,728,150 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 10.43, revenue per share of $48.76 and a 9.57% return on assets.
Cal-Maine Foods, Inc. is a producer and distributor of shell eggs in the United States. The Company operates through the segment of production, grading, packaging, marketing and distribution of shell eggs. Its operations consist of hatching chicks, growing and maintaining flocks of pullets, layers, and breeders, manufacturing feed, and producing, processing, packaging, and distributing shell eggs. It offers shell eggs, including specialty and conventional eggs. It classifies cage-free, organic and brown eggs as specialty eggs. Its Egg-Land’s Best and Land O’ Lakes branded eggs are produced and processed under license from Eggland’s Best, Inc. (EB). Its Farmhouse Eggs branded eggs are produced at its facilities by cage-free hens that are provided with a vegetarian diet. It markets organic, vegetarian, and omega-3 eggs under its 4-Grain brand. Its egg products are sold through its subsidiaries American Egg Products, LLC located in Georgia and Texas Egg Products, LLC located in Texas.
