Headlines about Cal-Maine Foods (NASDAQ:CALM) have trended positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cal-Maine Foods earned a media sentiment score of 0.38 on Accern’s scale. Accern also assigned news stories about the basic materials company an impact score of 82 out of 100, meaning that recent press coverage is very likely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern’s scoring:
- ETFs with exposure to Cal-Maine Foods, Inc. : August 8, 2017 (finance.yahoo.com)
- Can Cal-Maine Foods Inc (CALM) Thread the Needle? Technical Update – Stock Press Daily (stockpressdaily.com)
- Delving Into The Numbers For Cal-Maine Foods Inc (CALM) – Evergreen Caller (evergreencaller.com)
- Cal-Maine’s Tricky Stock Price Patterns – Seeking Alpha (seekingalpha.com)
- Cal-Maine Foods, Inc. (NASDAQ:CALM) Experiences Lighter than … – Modern Readers (modernreaders.com)
A number of research firms have weighed in on CALM. BidaskClub raised Cal-Maine Foods from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Goldman Sachs Group, Inc. (The) cut Cal-Maine Foods from a “neutral” rating to a “sell” rating and set a $31.00 price target on the stock. in a report on Friday, June 16th. Cleveland Research downgraded shares of Cal-Maine Foods from a “neutral” rating to an “underperform” rating and set a $30.00 target price on the stock. in a research note on Tuesday, May 30th. Finally, ValuEngine raised shares of Cal-Maine Foods from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd. Five analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $36.70.
Shares of Cal-Maine Foods (CALM) traded down 1.76% during midday trading on Tuesday, reaching $36.20. 248,488 shares of the company were exchanged. Cal-Maine Foods has a 52-week low of $33.40 and a 52-week high of $46.47. The company’s market capitalization is $1.76 billion. The stock has a 50-day moving average price of $37.46 and a 200 day moving average price of $38.51.
Cal-Maine Foods (NASDAQ:CALM) last released its quarterly earnings data on Monday, July 24th. The basic materials company reported ($0.51) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by $0.42. Cal-Maine Foods had a negative net margin of 6.91% and a negative return on equity of 8.57%. The firm had revenue of $274.60 million during the quarter, compared to the consensus estimate of $271.33 million. During the same quarter last year, the business posted ($0.01) earnings per share. Cal-Maine Foods’s revenue was down 9.4% compared to the same quarter last year. Equities research analysts expect that Cal-Maine Foods will post $0.26 EPS for the current fiscal year.
Cal-Maine Foods Company Profile
Cal-Maine Foods, Inc is a producer and marketer of shell eggs in the United States. The Company operates through the segment of production, grading, packaging, marketing and distribution of shell eggs. It offers shell eggs, including specialty and non-specialty eggs. It classifies cage free, organic and brown eggs as specialty products.
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