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0 0.000709677419354927 0.00103225806451611 -0.000258064516128981 -0.00206451612903221 -0.000967741935483724 0.00180645161290323 0.0054193548387097
Stock impact report

Earnings Durability Forecast Inspires Confidence in Cal-Maine Foods (CALM) [Yahoo! Finance]

Cal-Maine Foods, Inc. (CALM) 
Last cal-maine foods, inc. earnings: 1/5 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: calmainefoods.com/investors
Company Research Source: Yahoo! Finance
On January 8, Pooran Sharma from Stephens reiterated his stance on Cal-Maine Foods, Inc. (NASDAQ:CALM) with an equal weight rating. He lowered the price target on the stock from $95 to $85, implying 15% upside. The analyst referred to the company's Q2 earnings that, despite beating consensus targets, were significantly lower compared to the same period last year. He noted declining egg prices being the primary reason, after touching multi-year highs during the past spring season. For the near- and intermediate-term, he anticipates continued concerns regarding oversupply of eggs, along with added pressure from a seasonal drop in demand. Having said that, Sharma still has confidence in the long-run earnings durability of the business. On January 7, Benchmark Co. analyst Ben Klieve reiterated his Buy rating on Cal-Maine Foods, Inc. (NASDAQ:CALM). He estimated a price target of $100, which results in an upside of almost 36%. Klieve also based his ratings on second-quarter results, Show less Read more
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