Is Cal Maine Stock a Good Investment?
Cal Maine Investment Advice | CALM |
- Examine Cal Maine's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Cal Maine's leadership team and their track record. Good management can help Cal Maine navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Packaged Foods & Meats space and any emerging trends that could impact Cal Maine's business and its evolving consumer preferences.
- Compare Cal Maine's performance and market position to its competitors. Analyze how Cal Maine is positioned in terms of product offerings, innovation, and market share.
- Check if Cal Maine pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Cal Maine's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Cal Maine Foods stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Cal Maine Foods is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Cal Maine Stock
Researching Cal Maine's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 90.0% of the company shares are held by institutions such as insurance companies. The book value of Cal Maine was currently reported as 38.8. The company has Price/Earnings To Growth (PEG) ratio of 0.75. Cal Maine Foods recorded earning per share (EPS) of 8.73. The entity last dividend was issued on the 30th of October 2024. The firm had 2:1 split on the 3rd of November 2014.
To determine if Cal Maine is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Cal Maine's research are outlined below:
| Cal Maine Foods has a strong financial position based on the latest SEC filings | |
| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| On 14th of November 2024 Cal Maine paid $ 1.02 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Cal-Maine Foods Rating Lowered to Hold at StockNews.com |
Cal Maine Quarterly Accounts Payable |
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Cal Maine uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Cal Maine Foods. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Cal Maine's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 26th of March 2024 Upcoming Quarterly Report | View | |
| 23rd of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 23rd of July 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 31st of May 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Cal Maine's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Cal Maine's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1999-12-21 | 1999-11-30 | -0.06 | -0.05 | 0.01 | 16 | ||
1999-07-27 | 1999-05-31 | -0.01 | -0.02 | -0.01 | 100 | ||
2012-10-01 | 2012-08-31 | 0.18 | 0.2 | 0.02 | 11 | ||
2000-03-27 | 2000-02-29 | -0.06 | -0.08 | -0.02 | 33 | ||
1999-09-28 | 1999-08-31 | -0.09 | -0.11 | -0.02 | 22 | ||
2011-09-26 | 2011-08-31 | 0.1 | 0.07 | -0.03 | 30 | ||
2010-12-27 | 2010-11-30 | 0.36 | 0.32 | -0.04 | 11 | ||
2019-07-22 | 2019-05-31 | -0.33 | -0.41 | -0.08 | 24 |
Know Cal Maine's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cal Maine is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cal Maine Foods backward and forwards among themselves. Cal Maine's institutional investor refers to the entity that pools money to purchase Cal Maine's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Charles Schwab Investment Management Inc | 2024-09-30 | 621.2 K | Citadel Advisors Llc | 2024-09-30 | 607.6 K | Goldman Sachs Group Inc | 2024-06-30 | 550.6 K | Bank Of New York Mellon Corp | 2024-06-30 | 481.3 K | Northern Trust Corp | 2024-09-30 | 421 K | Amvescap Plc. | 2024-06-30 | 415.4 K | Millennium Management Llc | 2024-06-30 | 326.4 K | Ameriprise Financial Inc | 2024-06-30 | 310.1 K | Two Sigma Investments Llc | 2024-09-30 | 284.1 K | Blackrock Inc | 2024-06-30 | 6.8 M | Vanguard Group Inc | 2024-09-30 | 4.8 M |
Cal Maine's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.79 B.Market Cap |
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Cal Maine's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.13 | 0.14 | |
| Return On Capital Employed | 0.16 | 0.21 | |
| Return On Assets | 0.13 | 0.13 | |
| Return On Equity | 0.15 | 0.18 |
Determining Cal Maine's profitability involves analyzing its financial statements and using various financial metrics to determine if Cal Maine is a good buy. For example, gross profit margin measures Cal Maine's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Cal Maine's profitability and make more informed investment decisions.
Evaluate Cal Maine's management efficiency
Cal Maine Foods has return on total asset (ROA) of 0.1475 % which means that it generated a profit of $0.1475 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2424 %, meaning that it created $0.2424 on every $100 dollars invested by stockholders. Cal Maine's management efficiency ratios could be used to measure how well Cal Maine manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to grow to 0.14. Also, Return On Capital Employed is likely to grow to 0.21. At this time, Cal Maine's Fixed Asset Turnover is very stable compared to the past year. As of the 30th of November 2024, Return On Assets is likely to grow to 0.13, while Intangible Assets are likely to drop about 12.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 36.89 | 5.86 | |
| Tangible Book Value Per Share | 35.62 | (0.82) | |
| Enterprise Value Over EBITDA | 6.28 | 9.19 | |
| Price Book Value Ratio | 1.67 | 2.82 | |
| Enterprise Value Multiple | 6.28 | 9.19 | |
| Price Fair Value | 1.67 | 2.82 | |
| Enterprise Value | 1.6 B | 925.1 M |
The decision-making processes within Cal Maine are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Dividend Yield 0.0299 | Forward Dividend Yield 0.0299 | Forward Dividend Rate 2.91 | Beta (0.13) |
Basic technical analysis of Cal Stock
As of the 30th of November, Cal Maine shows the Mean Deviation of 1.22, risk adjusted performance of 0.2328, and Downside Deviation of 1.45. Cal Maine Foods technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Cal Maine Foods information ratio, as well as the relationship between the value at risk and expected short fall to decide if Cal Maine Foods is priced correctly, providing market reflects its regular price of 97.61 per share. Given that Cal Maine has jensen alpha of 0.4279, we suggest you to validate Cal Maine Foods's prevailing market performance to make sure the company can sustain itself at a future point.Cal Maine's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Cal Maine insiders, such as employees or executives, is commonly permitted as long as it does not rely on Cal Maine's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Cal Maine insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Cal Maine's Outstanding Corporate Bonds
Cal Maine issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Cal Maine Foods uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Cal bonds can be classified according to their maturity, which is the date when Cal Maine Foods has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| CABKSM 6208 18 JAN 29 Corp BondUS12803RAA23 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Cal Maine's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Cal Maine's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.2328 | |||
| Market Risk Adjusted Performance | 0.9457 | |||
| Mean Deviation | 1.22 | |||
| Semi Deviation | 0.8392 | |||
| Downside Deviation | 1.45 | |||
| Coefficient Of Variation | 336.36 | |||
| Standard Deviation | 1.7 | |||
| Variance | 2.89 | |||
| Information Ratio | 0.2164 | |||
| Jensen Alpha | 0.4279 | |||
| Total Risk Alpha | 0.2116 | |||
| Sortino Ratio | 0.2535 | |||
| Treynor Ratio | 0.9357 | |||
| Maximum Drawdown | 9.06 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 3.33 | |||
| Downside Variance | 2.11 | |||
| Semi Variance | 0.7043 | |||
| Expected Short fall | (1.35) | |||
| Skewness | 0.8048 | |||
| Kurtosis | 1.96 |
| Risk Adjusted Performance | 0.2328 | |||
| Market Risk Adjusted Performance | 0.9457 | |||
| Mean Deviation | 1.22 | |||
| Semi Deviation | 0.8392 | |||
| Downside Deviation | 1.45 | |||
| Coefficient Of Variation | 336.36 | |||
| Standard Deviation | 1.7 | |||
| Variance | 2.89 | |||
| Information Ratio | 0.2164 | |||
| Jensen Alpha | 0.4279 | |||
| Total Risk Alpha | 0.2116 | |||
| Sortino Ratio | 0.2535 | |||
| Treynor Ratio | 0.9357 | |||
| Maximum Drawdown | 9.06 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 3.33 | |||
| Downside Variance | 2.11 | |||
| Semi Variance | 0.7043 | |||
| Expected Short fall | (1.35) | |||
| Skewness | 0.8048 | |||
| Kurtosis | 1.96 |
Consider Cal Maine's intraday indicators
Cal Maine intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Cal Maine stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Cal Maine Corporate Filings
8K | 4th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 25th of September 2024 Other Reports | ViewVerify | |
| 22nd of August 2024 Other Reports | ViewVerify | |
F4 | 21st of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Cal Stock media impact
Far too much social signal, news, headlines, and media speculation about Cal Maine that are available to investors today. That information is available publicly through Cal media outlets and privately through word of mouth or via Cal internal channels. However, regardless of the origin, that massive amount of Cal data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Cal Maine news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Cal Maine relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Cal Maine's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Cal Maine alpha.
Cal Maine Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Cal Maine can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Cal Maine Foods Historical Investor Sentiment
Investor biases related to Cal Maine's public news can be used to forecast risks associated with an investment in Cal. The trend in average sentiment can be used to explain how an investor holding Cal can time the market purely based on public headlines and social activities around Cal Maine Foods. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cal Maine's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cal Maine and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Cal Maine news discussions. The higher the estimate score, the more favorable the investor's outlook on Cal Maine.
Cal Maine Corporate Management
| Robert Holladay | VP and General Counsel | Profile | |
| Matthew Glover | Vice Accounting | Profile | |
| JiaVonne Scott | VP Treasury | Profile | |
| Matt Glover | VP Accounting | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cal Maine Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cal Maine. If investors know Cal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cal Maine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 159.9 | Dividend Share 2.902 | Earnings Share 8.73 | Revenue Per Share 54.437 | Quarterly Revenue Growth 0.711 |
The market value of Cal Maine Foods is measured differently than its book value, which is the value of Cal that is recorded on the company's balance sheet. Investors also form their own opinion of Cal Maine's value that differs from its market value or its book value, called intrinsic value, which is Cal Maine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cal Maine's market value can be influenced by many factors that don't directly affect Cal Maine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Cal Maine's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Cal Maine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cal Maine's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.