Media stories about Cal-Maine Foods (NASDAQ:CALM) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Cal-Maine Foods earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news stories about the basic materials company an impact score of 46.6041143607672 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Cal-Maine Foods Inc (CALM) Balance Step Levels in Focus - Sparta Review (spartareview.com)
- Cal-Maine Foods, Inc. (CALM) has a value of $35.15 per share While Haynes International, Inc. (HAYN) is stand at … - Stocks Gallery (stocksgallery.com)
- Cal-Maine Foods Inc (CALM) Shares Moving On Volume - FLBC News (flbcnews.com)
- Cal-Maine Foods, Inc. (NASDAQ:CALM) Closed Much Lower Than Its 50 Day Average - Highlight Press (highlightpress.com)
- Running on Empty or is Cal-Maine Foods Inc (CALM) Refueling? - Stock Press Daily (stockpressdaily.com)
Shares of Cal-Maine Foods (CALM) opened at 34.80 on Thursday. The stock has a 50 day moving average of $36.58 and a 200 day moving average of $37.86. Cal-Maine Foods has a 52 week low of $33.40 and a 52 week high of $46.47. The firm’s market cap is $1.69 billion.
Cal-Maine Foods (NASDAQ:CALM) last released its quarterly earnings data on Monday, July 24th. The basic materials company reported ($0.51) earnings per share (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 company had revenue of $274.60 million for the quarter, compared to the consensus estimate of $271.33 million. During the same quarter in the previous year, the firm posted ($0.01) earnings per share. The business’s revenue for the quarter was down 9.4% compared to the same quarter last year. Analysts anticipate that Cal-Maine Foods will post $0.26 earnings per share for the current fiscal year.
CALM has been the topic of several analyst reports. Cleveland Research lowered shares of Cal-Maine Foods from a “neutral” rating to an “underperform” rating and set a $30.00 price target on the stock. in a report on Tuesday, May 30th. ValuEngine upgraded shares of Cal-Maine Foods from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd. Goldman Sachs Group, Inc. (The) downgraded shares of Cal-Maine Foods from a “neutral” rating to a “sell” rating and set a $31.00 target price on the stock. in a research note on Friday, June 16th. Finally, BidaskClub downgraded shares of Cal-Maine Foods from a “buy” rating to a “hold” rating in a research note on Friday, July 7th. Five equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $36.70.
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About Cal-Maine Foods
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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