Cal-Maine Meals (NASDAQ:CALM – Get Free Report) is about to launch its earnings knowledge after the market closes on Tuesday, October 1st.
Cal-Maine Meals (NASDAQ:CALM – Get Free Report) final issued its earnings outcomes on Tuesday, July twenty third. The essential supplies firm reported $2.32 EPS for the quarter, lacking the consensus estimate of $2.41 by ($0.09). The agency had income of $640.80 million in the course of the quarter, in comparison with analyst estimates of $652.32 million. Cal-Maine Meals had a internet margin of 11.94% and a return on fairness of 16.46%. The enterprise’s quarterly income was down 4.2% on a year-over-year foundation. Throughout the identical quarter within the prior 12 months, the enterprise earned $2.27 earnings per share.
Cal-Maine Meals Value Efficiency
Shares of CALM opened at $74.61 on Tuesday. The inventory has a 50-day transferring common of $70.05 and a 200-day transferring common of $63.40. The corporate has a market cap of $3.66 billion, a PE ratio of 13.23 and a beta of -0.10. Cal-Maine Meals has a one 12 months low of $42.25 and a one 12 months excessive of $75.47.
Cal-Maine Meals Cuts Dividend
The corporate additionally not too long ago introduced a quarterly dividend, which was paid on Tuesday, August twentieth. Stockholders of file on Monday, August fifth have been paid a $0.77 dividend. The ex-dividend date was Monday, August fifth. This represents a $3.08 annualized dividend and a dividend yield of 4.13%. Cal-Maine Meals’s dividend payout ratio is presently 54.61%.
Insiders Place Their Bets
In different Cal-Maine Meals information, VP Robert L. Holladay, Jr. bought 1,500 shares of Cal-Maine Meals inventory in a transaction that occurred on Tuesday, August twentieth. The shares have been bought at a mean worth of $70.93, for a complete transaction of $106,395.00. Following the transaction, the vice chairman now owns 16,754 shares of the corporate’s inventory, valued at roughly $1,188,361.22. The transaction was disclosed in a authorized submitting with the SEC, which is offered by means of this hyperlink. In associated information, VP Robert L. Holladay, Jr. bought 1,500 shares of Cal-Maine Meals inventory in a transaction that occurred on Tuesday, August twentieth. The shares have been bought at a mean worth of $70.93, for a complete worth of $106,395.00. Following the sale, the vice chairman now owns 16,754 shares of the corporate’s inventory, valued at roughly $1,188,361.22. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which is offered at the SEC web site. Additionally, COO Michael Todd Walters bought 3,000 shares of Cal-Maine Meals inventory in a transaction that occurred on Wednesday, July thirty first. The inventory was bought at a mean worth of $70.20, for a complete transaction of $210,600.00. Following the completion of the sale, the chief working officer now straight owns 5,310 shares within the firm, valued at roughly $372,762. The disclosure for this sale might be discovered right here. Insiders have bought a complete of 6,000 shares of firm inventory valued at $422,970 within the final 90 days. 13.51% of the inventory is at present owned by company insiders.
Analyst Upgrades and Downgrades
Individually, The Goldman Sachs Group lifted their worth goal on Cal-Maine Meals from $47.00 to $52.00 and gave the corporate a “promote” ranking in a analysis notice on Wednesday, July seventeenth.
Test Out Our Newest Inventory Evaluation on CALM
About Cal-Maine Meals
Cal-Maine Meals, Inc, along with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The corporate affords specialty shell eggs, comparable to nutritionally enhanced, cage free, natural, free-range, pasture-raised, and brown eggs below the Egg-Land’s Finest, Land O’ Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4Grain model names.
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