News stories about Cal-Maine Foods (NASDAQ:CALM) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public 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 0.22 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 46.794745987051 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Brandes Investment Partners LP Has $8.11 Million Stake in Cal-Maine Foods Inc (CALM) (americanbankingnews.com)
- X Square Capital LLC Invests $1.72 Million in Cal-Maine Foods Inc (CALM) Stock (americanbankingnews.com)
- Pinnacle Associates Ltd. Sells 66,506 Shares of Cal-Maine Foods Inc (CALM) (americanbankingnews.com)
- Cal-Maine Foods Inc (CALM) VP Sells $21,775.00 in Stock (americanbankingnews.com)
- Cal-Maine Foods Inc (CALM) Stake Decreased by Standard Life Aberdeen plc (americanbankingnews.com)
Several equities research analysts have weighed in on CALM shares. BidaskClub lowered Cal-Maine Foods from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 9th. Zacks Investment Research raised Cal-Maine Foods from a “hold” rating to a “buy” rating and set a $51.00 target price on the stock in a research report on Friday, November 17th. Finally, Cleveland Research raised Cal-Maine Foods from a “sell” rating to a “neutral” rating in a research report on Saturday, December 30th. Three research analysts have rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $38.80.
Cal-Maine Foods (NASDAQ:CALM) last issued its earnings results on Friday, January 5th. The basic materials company reported $0.55 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.70 by ($0.15). Cal-Maine Foods had a negative return on equity of 1.15% and a negative net margin of 5.18%. The company had revenue of $361.20 million during the quarter, compared to analyst estimates of $370.85 million. During the same period in the prior year, the business earned ($0.48) earnings per share. Cal-Maine Foods’s quarterly revenue was up 42.5% on a year-over-year basis. equities analysts anticipate that Cal-Maine Foods will post 1.3 EPS for the current fiscal year.
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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