Office Depot, Inc. (ODP) of the Services sector is down -0.57% trading at a volume of 284287 shares. Cal-Maine Foods, Inc. (CALM) has a weekly performance of 3.450% and EPS growth this year of 47.30%.
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On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, Dawson Timothy A, director officer (Vice President, CFO, Sec/Treas) of Cal-Maine Foods Inc, unloaded 6,000 shares at an average price of $44.84 on April 29, 2015.
Nonetheless, the rise in earnings, to the equivalent of $2.95 per share, was a little short of market expectations of a $3.14-per-share result.
The company offered no guidance, but consensus estimates for the fiscal second quarter ending in November call for EPS of $3.51 on revenues of $650.58 million. The company’s quarterly revenue was up 70.9% compared to the same quarter a year ago. The stock has a 50-day moving average of $53.59 and a 200-day moving average of $49.82.
The company has a market capitalization of $2.46 billion and a PE ratio of 15.20.
[The Street] Cal-Maine Foods Inc (NASDAQ:CALM)(TREND ANALYSIS) closed lower by 12.16% to $50.63 on heavy trading volume on Monday afternoon, after the producer and marketer of shell eggs reported its fiscal 2016 first quarter earnings results earlier today.
ALSO READ: 9 Well-Known Stocks With Solid Dividend Yields Above 5%. Shareholders of record on Wednesday, October 28th will be paid a $0.983 dividend.
CALM reported last quarter earnings on September 28. DA Davidson began coverage on Cal-Maine Foods in a research report on Friday, June 26th.
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There are now four analysts that cover Cal-Maine Foods Inc stock. They set a “buy” rating and a $65.00 target price for the company. The stock now has an average rating of Buy and a consensus price target of $64.40. It sells most of its shell eggs in the southwestern, southeastern, mid-western and mid-Atlantic regions of the United States. Its primary business is the production, grading, packaging, marketing and distribution of shell eggs. The Company also produces and markets specialty shell eggs, such as nutritionally enhanced, cage free, organic and brown eggs under the brands Egg-Land’s Best, Land O’ Lakes, Farmhouse and 4-Grain. It sells shell eggs to a majority of the food retailers in the United States. While there have been no further reported outbreaks of AI, we continue to closely monitor the situation and are working with egg industry associations and government officials to identify ways to mitigate the risk of future outbreaks.
