TheStreet downgraded Cal-Maine Foods Inc (NASDAQ:CALM) to Hold in a statement released earlier today.
- Updated: September 27, 2016
TheStreet has downgraded Cal-Maine Foods Inc (NASDAQ:CALM) to Hold in a statement released on 9/26/2016.
Having a price of $40.55, Cal-Maine Foods Inc (NASDAQ:CALM) traded -0.68% lower on the day. With the last close down -11.02% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. CALM has recorded a 50-day moving average of $43.34 and a 200-day moving average of $45.85. 943,613 shares of CALM traded hands, up from an average trading volume of 619,350
Recent Performance Chart
Cal-Maine Foods Inc has 52 week low of $39.60 and a 52 week high of $63.25 with a PE ratio of 6.25 and has a market capitalization of $0.
In addition to TheStreet reporting its stock price target, a total of 5 brokerages have issued a research note on the stock. The consensus target price is $50.00 with 1 firm rating the stock a strong buy, 0 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.
About Cal-Maine Foods Inc (NASDAQ:CALM)
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. It classifies all other shell eggs as non-specialty products. The Company markets its specialty shell eggs under the brands, including Egg-Land's Best, Land O' Lakes, Farmhouse and 4-Grain. The Company, through Egg-Land's Best, Inc. (EB), produces, markets and distributes Egg-Land's Best and Land O' Lakes branded eggs. It markets cage-free eggs under its Farmhouse brand and distributes them throughout southeast and southwest regions of the United States. It markets organic, wholesome, cage-free, vegetarian and omega-3 eggs under its 4-Grain brand. It also produces, markets and distributes private label specialty shell eggs to customers.
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