Cal-Maine Foods Stock Rating Lowered by StockNews.com
| CALM Stock | USD 90.73 4.82 5.04% |
About 62% of Cal Maine's investor base is looking to short. The analysis of overall sentiment of trading Cal Maine Foods stock suggests that many investors are alarmed at this time. Cal Maine's investing sentiment overview a quick insight into current market opportunities from investing in Cal Maine Foods. Many technical investors use Cal Maine Foods stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
StockNews.com downgraded shares of Cal-Maine Foods from a buy rating to a hold rating in a research note published on Tuesday. Several other analysts also recently commented on the company. The Goldman Sachs Group raised their price objective on Cal-Maine Foods from 47.00 to 52.00 and gave the stock a sell
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Cal Maine Fundamental Analysis
We analyze Cal Maine's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cal Maine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cal Maine based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Sales
Price To Sales Comparative Analysis
Cal Maine is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Cal Maine Foods Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cal Maine stock to make a market-neutral strategy. Peer analysis of Cal Maine could also be used in its relative valuation, which is a method of valuing Cal Maine by comparing valuation metrics with similar companies.
Peers
Cal Maine Related Equities
Check out Cal Maine Hype Analysis, Cal Maine Correlation and Cal Maine Performance. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cal Maine. If investors know Cal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cal Maine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Cal Maine Foods is measured differently than its book value, which is the value of Cal that is recorded on the company's balance sheet. Investors also form their own opinion of Cal Maine's value that differs from its market value or its book value, called intrinsic value, which is Cal Maine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cal Maine's market value can be influenced by many factors that don't directly affect Cal Maine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cal Maine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cal Maine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cal Maine's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.