What's Happening with CALM
Cal-Maine Foods Inc (CALM) is scheduled to report Quarter 1 numbers after market close on September 27. Analysts forecast the company will earn $2.55 per share for the quarter. During the same period last year, the company lost $0.37 per share. The stock is down 9.24% on the year.
Technical Analysis
CALM was recently trading at $60.57, down $1.16 from its 12-month high and $26.28 above its 12-month low. InvestorsObserver gives CALM a 98 long-term technical score and a 96 short-term technical score. The stock has recent support above $54.44 and recent resistance below $64. Of the 2 analysts who cover the stock 1 rate it Strong Buy, 0 rate it Buy, 0 rate it Hold, 1 rate it Sell, and 0 rate it Strong Sell, CALM gets an overall score of 66 from InvestorsObserver.
Analysts' Thoughts
CALM has shown an annual earnings loss of 2.92% over the last five years, and, looking ahead, analysts expect the company's profits to decline 244.80% per annum over the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects earnings of $2.55 per share. CALM is currently trading at $60.57 with an average price target of $58.33.