Press coverage about Cal-Maine Foods (NASDAQ:CALM) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cal-Maine Foods earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 46.8342821644715 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:

CALM has been the subject of several research analyst reports. Goldman Sachs Group, Inc. (The) lowered Cal-Maine Foods from a “neutral” rating to a “sell” rating and set a $31.00 price objective for the company. in a research note on Friday, June 16th. Cleveland Research lowered Cal-Maine Foods from a “neutral” rating to an “underperform” rating and set a $30.00 price objective for the company. in a research note on Tuesday, May 30th. BidaskClub lowered Cal-Maine Foods from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Finally, ValuEngine raised Cal-Maine Foods from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd. Five equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $36.70.

Shares of Cal-Maine Foods (NASDAQ CALM) traded up 3.68% during midday trading on Friday, reaching $39.40. The company’s stock had a trading volume of 523,158 shares. Cal-Maine Foods has a 12 month low of $33.40 and a 12 month high of $46.15. The company’s market cap is $1.91 billion. The company’s 50-day moving average price is $36.63 and its 200-day moving average price is $37.64.

Cal-Maine Foods (NASDAQ:CALM) last released its quarterly earnings data on Monday, July 24th. The basic materials company reported ($0.51) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.42). Cal-Maine Foods had a negative net margin of 6.91% and a negative return on equity of 8.57%. The company had revenue of $274.60 million for the quarter, compared to the consensus estimate of $271.33 million. During the same period last year, the company earned ($0.01) EPS. The firm’s revenue for the quarter was down 9.4% on a year-over-year basis. On average, equities analysts anticipate that Cal-Maine Foods will post $0.26 EPS for the current fiscal year.

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Cal-Maine Foods Company Profile

Cal-Maine Foods, Inc is a producer and marketer of shell eggs in the United States. The Company operates through the segment of production, grading, packaging, marketing and distribution of shell eggs. It offers shell eggs, including specialty and non-specialty eggs. It classifies cage free, organic and brown eggs as specialty products.

Insider Buying and Selling by Quarter for Cal-Maine Foods (NASDAQ:CALM)

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