Zacks Investment Research upgraded Cal-Maine Foods Inc (NASDAQ:CALM) to Hold in a report released today.
- Updated: November 28, 2016
Zacks Investment Research has upgraded Cal-Maine Foods Inc (NASDAQ:CALM) to Hold in a report released on 11/28/2016.
Yesterday Cal-Maine Foods Inc (NASDAQ:CALM) traded 1.49% higher at $40.95. The company’s 50-day moving average is $38.58 and its 200-day moving average is $42.06. The last closing price is down -2.64% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 350,784 shares of the stock traded hands, down from an average trading volume of 517,595
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Cal-Maine Foods Inc has a 52 week low of $35.65 and a 52 week high of $56.49 with a P/E ratio of 13.94 The company’s market cap is currently $0.
Also covering Cal-Maine Foods Inc's price target, a total of 5 analysts have released a report on Cal-Maine Foods Inc. The 12-month price target is $50.00 with one brokerage rating the company a strong buy, zero brokerages rating the company a buy, three brokerages rating the company a hold, zero brokerages rating the company a underperform, and lastly one brokerage rating the company a sell.
General Company Details For 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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