40.58 0.00 (0.00%)
After hours: 4:00PM EDT
|Bid||40.63 x 800|
|Ask||40.65 x 800|
|Day's Range||40.50 - 41.25|
|52 Week Range||40.50 - 52.30|
|Beta (3Y Monthly)||0.29|
|PE Ratio (TTM)||13.53|
|Earnings Date||May 31, 2019 - Jun 4, 2019|
|Forward Dividend & Yield||0.58 (1.31%)|
|1y Target Est||42.00|
Cal-Maine Foods, Inc. today announced that management will participate in the 23rd Annual Burkenroad Reports Investment Conference hosted by Tulane University’s Freeman School of Business on Friday, April 26, 2019, at The Sheraton New Orleans Hotel, New Orleans, Louisiana.
As a result, the GuruFocus All-in-One Screener found some companies that benefit from Easter celebrations with at least one-star business predictability ratings as of April 19 included Cal-Maine Foods Inc. (CALM), The Hershey Co. (HSY), 1-800-Flowers.com Inc. (FLWS) and Tyson Foods Inc. (TSN). Warning! GuruFocus has detected 2 Warning Signs with CALM. The Peter Lynch chart shows the stock is trading above its fair value, suggesting it is slightly overpriced.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! In 2010 Dolph Baker was appointed CEO of Cal-Maine Foods, Inc. (NASDAQ:CALM). First, this article will compare CEO...
Cal-Maine Foods earnings for the company's fiscal third quarter of 2019 have CALM stock heading lower on Monday.Source: Shutterstock Cal-Maine Foods (NASDAQ:CALM) reported earnings per share of 82 cents for its fiscal third quarter of the year. This is down from the company's earnings per share of $1.26 from the same time last year. It does come in above Wall Street's earnings per share estimate of 42 cents for the quarter, but couldn't keep CALM stock from falling today.The Cal-Maine Foods earnings report for its fiscal third quarter of 2019 also includes net income of $39.77 million. This is a drop from the company's net income of $96.29 million reported in its fiscal third quarter of 2018.InvestorPlace - Stock Market News, Stock Advice & Trading TipsCal-Maine Foods earnings for its fiscal third quarter of the year has operating income coming in at $38.19 million. The company's operating income from the same period of the year prior was $76.20 million.Revenue reported by Cal-Maine Foods for its fiscal third quarter of 2019 comes in at $383.99 million. This is worse than the company's revenue of $435.82 million from its fiscal third quarter of 2018. However, it is better than Wall Street's revenue estimate of $370.76 million for the period, but CALM stock is still down today. * The Elite 8 Stocks to Buy for Massive Outperformance The most recent Cal-Maine Foods earnings report also includes news of a cash dividend for investors in CALM stock. The company is paying a dividend of 27.20 cents per share to holders of CALM stock. This dividend will be payable May 16, 2019, to holders of record as of May 1, 2019.CALM stock was down 3% as of Monday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Transformed Their Business * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 7 Weak Blue-Chip Stocks to Trim Immediately As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Cal-Maine Foods Earnings: CALM Stock Lower Despite Earnings Beat appeared first on InvestorPlace.
U.S. stock indexes opened solidly higher on Monday, partly on the back of better-than-expected China manufacturing data, with investors hoping for bright spots amid fears of slowing global growth at the start of April and a second quarter. The Dow Jones Industrial Average rose 198 points, or 0.8%, at 26,128, the S&P 500 index gained 21 points, or 0.8%, at 2,856, while the Nasdaq Composite Index advanced 77 points, or 1%, to reach 7,805. The Caixin China manufacturing purchasing managers index rose to 50.8 in March from 49.9 in February, rebounding to expansionary territory for the first time in four months. Gains for the private gauge came on the heels of China's official manufacturing PMI released on Sunday, which rose to a six-month high of 50.5 in March from 49.2 in February. In corporate news, shares of Cal-Maine Foods were in focus after the egg producer and distributor reported fiscal third-quarter earnings that beat Wall Street expectations. Meanwhile, the yield of the benchmark 10-year Treasury note rose to 2.44% from 2.41% on Friday, coming as investor fears about global recession have paused momentarily. Bond prices and yields move in the opposite direction.
beat Wall Street's third-quarter earnings and sales expectations due to continued growth in the company's specialty egg business. The Jackson, Mississippi-based company reported earnings of $39.8 million, or 82 cents a share, down from $96.3 million, or $1.99 a share, a year ago, but beat FactSet's consensus estimate of 50 cents a share. Dolph Baker, chairman and CEO, said in a statement that the results were supported by favorable demand trends and continued growth in the company's specialty egg business.
Cal-Maine Foods CALM — The egg producer reported quarterly profit of 82 cents per share, well above the consensus estimate of 43 cents a share. Kellogg K — Kellogg is near a deal to sell its Keebler and Famous Amos brands to Italy-based Ferrero for up to $1.5 billion, according to sources who spoke to CNBC. Activision Blizzard ATVI — Wedbush added the video-game maker's stock to its "Best Ideas" list, saying it's positioned to deliver significant outperformance over the next two years.
Cal-Maine Foods Inc. reported fiscal third-quarter earnings that beat expectations, although egg prices fell, with the egg producer announcing a major expansion of its cage-free capacity. The stock was still inactive in premarket trade. Net income for the quarter to March 2 fell to $39.8 million, or 82 cents a share, from $96.3 million, or $1.99 a share, in the same period a year ago, which included a tax reform-related benefit. The FactSet EPS consensus was 50 cents. Sales fell 12% to $384.0 million, but was just above the FactSet consensus of $383.6 million. Dozen eggs sold fell 0.5% to 271.8 million, while the average selling price per dozen declined 11% to $1.373. The net average price per dozen of specialty eggs, which accounted for 24.7% of sales, rose 1.1% to $1.954. "While demand trends have been strong throughout fiscal 2019, with near record per capita U.S. egg consumption, we believe future supply concerns are affecting market prices," said Chief Executive Dolph Baker. Actual hen numbers are up 1.7% from a year ago, and Baker said the upward trend could negative affect prices for the fourth quarter. The stock has gained 5.5% year to date while the S&P 500 has climbed 13%.
The Jackson, Mississippi-based company said it had net income of 82 cents per share. The egg producer posted revenue of $384 million in the period. Cal-Maine shares have increased 5.5 percent since the ...
Cal-Maine Foods, Inc. today reported results for the third quarter ended March 2, 2019.
Cal-Maine Foods, Inc. today announced that the Company will release its third quarter fiscal 2019 financial results on Monday, April 1, 2019. A press release will be issued prior to the open of market trading.
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health toRead More...
NEW YORK, Feb. 01, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Today we'll evaluate Cal-Maine Foods, Inc. (NASDAQ:CALM) to determine whether it could have potential as an investment idea. Specifically, we'll consider its Return On Capital Employed (ROCE), since that will Read More...
Stocks broadly closed at their lows for the session, after a failed attempt at a rally just before midday. The ISM Manufacturing survey did not help one bit, and seemed to confirm what we already knew after the regional Fed manufacturing surveys poured in from New York, Richmond, Kansas City and Dallas. Had a global economic slowdown finally come home to roost?
On a per-share basis, the Jackson, Mississippi-based company said it had profit of 45 cents. Earnings, adjusted for non-recurring costs, were 49 cents per share. The egg producer posted revenue of $356 ...
Cal-Maine Foods, Inc. today announced that the Company will release its second quarter fiscal 2019 financial results on Friday, January 4, 2019. A press release will be issued prior to the open of market trading.
At Insider Monkey, we pore over the filings of more than 700 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we’ve gathered as a result gives us access to a wealth of collective knowledge based on these firms’ portfolio holdings as of September 30. In […]
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
NEW YORK, Nov. 02, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Cal-Maine Foods, Inc. (CALM) today announced that it has closed the previously announced acquisition of substantially all of the assets of Featherland Egg Farms, Inc., relating to its commercial shell egg production, processing, distribution and sale business. The acquired assets include commercial egg production and processing facilities with current capacity for approximately 600,000 laying hens, a feed mill, and related production and distribution facilities located near Marion, Texas. Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packing and sale of fresh shell eggs, including conventional, cage-free, organic and nutritionally enhanced eggs.