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Valuegrowth
08-11-2015, 02:38 PM
Cal-Maine Foods is the largest producer and distributor of fresh shell eggs in the United States.It was one of the star performers in the market during last one year.Recently two analysts have set the short term price target of Cal-Maine Foods, Inc. (NASDAQ:CALM) at $64.5. Many analysts have commented on the company rating. Cal-Maine Foods, Inc. is up 7.57% in the last 3-month period. Strong buy was given by one Wall Street Analyst. The higher price target estimate is at $70. It is also one of the long term pick among some analysts.

52 week low 34.03
52 week high Rs.63.25
Current trading price $57.79

Is it worth to buy?

Appreciate all thoughts.

Valuegrowth
23-02-2016, 06:05 PM
Entire food group has become bullish. We are seeing renewed interest on this egg stock too. Can it become one of the golden eggs in global markets again breaking its 52 weeks high?

http://seekingalpha.com/article/3901166-cal-maine-foods-industry-giant-poised-strong-growth

Cal-Maine Foods: Industry Giant Poised For Strong Growth

Valuegrowth
23-06-2018, 04:26 PM
I have found that even during period of sell-off and volatility always there could be individual winners. In a portfolio variety of stocks should be included to stay in the market and to avoid mistakes. I came to know this company through an online friend in the past.

This poultry egg producer and marketer is going against the broader market. It hit new 52 week high in June.

https://www.equities.com/news/cal-maine-foods-inc-calm-breaks-into-new-52-week-high-on-june-21-session

Cal-Maine Foods Inc. (CALM) Breaks into New 52-Week High on June 21 Session

It is currently trading at a trailing P/E of 82.5 which is higher than the industry average of 19.4. For me it is overvalued now. However, according to the following link they have some other ideas.

https://finance.yahoo.com/news/cal-maine-foods-inc-nasdaq-193245410.html

For example, if you compared lower risk firms with CALM, then investors would naturally value it at a lower price since it is a riskier investment. The second assumption that must hold true is that the stocks we are comparing CALM to are fairly valued by the market. If this does not hold true, CALM’s lower P/E ratio may be because firms in our peer group are overvalued by the market.