Cal-Maine Foods, Inc. (CALM)
NASDAQ: CALM · IEX Real-Time Price · USD
58.82
-0.86 (-1.44%)
At close: Apr 24, 2024, 4:00 PM
58.61
-0.21 (-0.36%)
After-hours: Apr 24, 2024, 5:23 PM EDT
Cal-Maine Foods Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Cal-Maine Foods stock have an average target of 56, with a low estimate of 47 and a high estimate of 65. The average target predicts a decrease of -4.79% from the current stock price of 58.82.
Analyst Consensus: Sell
Analyst Ratings
The average analyst rating for CALM stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Reiterates $65 | Hold | Reiterates | $65 | +10.51% | Apr 3, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $55 → $65 | Hold | Maintains | $55 → $65 | +10.51% | Mar 22, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $42 → $47 | Strong Sell | Maintains | $42 → $47 | -20.10% | Mar 12, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $45 → $50 | Hold | Maintains | $45 → $50 | -14.99% | Dec 13, 2023 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $47 | Hold | Reiterates | $47 | -20.10% | Oct 4, 2023 |
Financial Forecast
Revenue This Year
2.34B
from 3.15B
Decreased by -25.75%
Revenue Next Year
2.01B
from 2.34B
Decreased by -13.96%
EPS This Year
3.95
from 15.52
Decreased by -74.57%
EPS Next Year
2.23
from 3.95
Decreased by -43.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.4B | 2.1B | 2.1B |
| Avg | 2.3B | 2.0B | 2.1B |
| Low | 2.2B | 1.9B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -22.2% | -11.3% | 6.2% |
| Avg | -25.8% | -14.0% | 3.2% |
| Low | -29.9% | -17.5% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.90 | 2.72 | 2.30 |
| Avg | 3.95 | 2.23 | 2.23 |
| Low | 3.01 | 1.92 | 2.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -68.4% | -31.1% | 3.3% |
| Avg | -74.6% | -43.6% | 0.3% |
| Low | -80.6% | -51.3% | -3.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.