New Lifetime High For Cal-Maine Foods (CALM)

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Cal-Maine Foods ( CALM) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Cal-Maine Foods as such a stock due to the following factors:

  • CALM has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $15.2 million.
  • CALM has traded 5,422 shares today.
  • CALM is trading at a new lifetime high.

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More details on CALM:

Cal-Maine Foods, Inc. produces, grades, packages, markets, and distributes shell eggs. The stock currently has a dividend yield of 2.1%. CALM has a PE ratio of 18.0.

The average volume for Cal-Maine Foods has been 140,500 shares per day over the past 30 days. Cal-Maine has a market cap of $1.8 billion and is part of the consumer goods sector and food & beverage industry. The stock has a beta of 1.14 and a short float of 5.8% with 2.29 days to cover. Shares are up 35.3% year-to-date as of the close of trading on Thursday.

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TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Cal-Maine Foods as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows low profit margins.

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