|Bid||45.00 x 1000|
|Ask||48.10 x 800|
|Day's Range||46.80 - 47.91|
|52 Week Range||39.50 - 52.30|
|Beta (3Y Monthly)||-0.20|
|PE Ratio (TTM)||15.02|
|Earnings Date||Sep 10, 2018 - Sep 17, 2018|
|Forward Dividend & Yield||0.44 (0.94%)|
|1y Target Est||46.40|
The largest insider buys this week were for Salesforce.com Inc., DISH Network Corp, Thor Industries Inc. and Cal-Maine Foods Inc.
Cal-Maine Foods (CALM) inks deal to acquire the egg production, processing, sales and distribution business of Featherland Egg Farms.
NEW YORK, Oct. 11, 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 reached a definitive agreement to acquire substantially all of the assets of Featherland Egg Farms, Inc., relating to its commercial shell egg production, processing, distribution and sale business. The assets to be acquired, subject to the completion of this transaction, 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. The Company expects to close the transaction in the next few weeks.
Cal-Maine Foods, Inc. (CALM) today announced that Max P. Bowman has been named vice president and chief financial officer, effective October 5, 2018. Bowman was also elected to the Company’s Board of Directors at the annual meeting of shareholders held today in Jackson. Bowman will replace Tim Dawson, whose planned retirement from the Company was effective today.
Cal-Maine Foods Inc., the biggest U.S. producer and distributor, said lower prices may be coming as there will be more chickens to lay eggs. Soybean meal, which chickens eat, contributed to a 10 percent jump in the company’s feed costs, according to the statement. While U.S. farmers are currently harvesting what’s expected to be a record soybean crop, prices are volatile due to a trade war raging with China, the biggest buyer of the oilseed.
GE removed John Flannery as CEO and installed Lawrence Culp as his successor and chairman. Pfizer PFE – CEO Ian Read will step down at the end of the year and become executive chairman. Chief operating officer Albert Bourla will reportedly succeed Read as CEO on January 1.
Cal-Maine Foods Inc. reported Monday a fiscal first-quarter earnings and sales that missed expectations, and cut its quarterly dividend from the previous quarter because of lower net income. The stock was still inactive in premarket trade. The egg producer swung to a net income for the quarter to Sept. 1 of $12.4 million, or 26 cents a share, from a loss of $16.0 million, or 33 cents a share, in the same period a year ago. The FactSet consensus was for earnings per share of 49 cents. Sales rose to $340.6 million from $262.8 million, but was below the FactSet consensus of $350.5 million. Net average selling price per dozen eggs rose to $1.307 from $1.017, while feed cost increased to 41.3 cents from 37.5 cents. Given Cal-Maine's flexible dividend policy, in which the company pays one-third of quarterly income, the company cut its dividend to 8.5 cents a share from 35.1 cents a share in the sequential fourth quarter. "Although overall egg production growth has been modest, according to recent USDA reports, the number of chicks hatched has increased 11 percent since the beginning of calendar 2018, indicating future increases in laying hen numbers," said Chief Executive Dolph Baker. "Given these trends, the potential increase in the shell egg supply could create additional pricing pressure." The stock has gained 8.7% year to date while the S&P 500 has climbed 9.0%.
The Jackson, Mississippi-based company said it had net income of 26 cents per share. The egg producer posted revenue of $340.6 million in the period. Cal-Maine shares have risen roughly 9 percent since ...
Cal-Maine Foods, Inc. today announced that the Company will release its first quarter fiscal 2019 financial results on Monday, October 1, 2018. A press release will be issued prior to the open of market trading.
Cal-Maine Foods, Inc. produces, grades, packages, markets, and distributes shell eggs. Cal-Maine Foods’s insiders have divested from 300.00k shares in the large-cap stock within the past three months. A well-knownRead More...
NEW YORK, Aug. 03, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Cal-Maine ...
On a per-share basis, the Jackson, Mississippi-based company said it had net income of $1.48. The egg producer posted revenue of $443.1 million in the period. For the year, the company reported net income ...
Cal-Maine Foods, Inc. today announced that the Company will release its fourth quarter and fiscal 2018 financial results on Monday, July 23, 2018. A press release will be issued prior to the open of market trading.
This analysis is intended to introduce important early concepts to people who are starting to invest and want to better understand how you can grow your money by investing inRead More...
Kaskela Law LLC is investigating Cal-Maine Foods, Inc. on behalf of the Company’s stockholders. The investigation seeks to determine whether Cal-Maine’s executive officers and/or directors have breached their fiduciary duties to the Company and its stockholders.
Cal-Maine Foods, Inc. (CALM) today announced that Timothy A. Dawson will retire as the Company’s Chief Financial Officer and Director at the Cal-Maine Foods’ annual meeting of shareholders, scheduled for October 5, 2018. Commenting on the announcement, Dolph Baker, chairman and chief executive officer, said, “Tim Dawson has played an important strategic role in the success of Cal-Maine Foods since he joined the Company in 2005. During this period, the Company has enjoyed significant growth, both organically and through acquisitions, all under Tim’s capable financial leadership.