Added to YB: 2024-11-15
Pitch date: 2024-11-15
CALM [neutral]
Cal-Maine Foods, Inc.
-6.6%
current return
Author Info
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Company Info
Cal-Maine Foods, Inc., together with its subsidiaries, engages in the production, grading, packaging, marketing, and distribution of shell eggs, egg products, and prepared foods.
Market Cap
$3.8B
Pitch Price
$82.40
Price Target
N/A
Dividend
10.51%
EV/EBITDA
2.68
P/E
5.51
EV/Sales
0.76
Sector
Food Products
Category
dividend
Deep dive into Cal-Maine ($CALM)
CALM (overvalued): Largest US egg producer. 12% volume growth since 2018, 64% specialty egg increase. Volatile revenue/costs due to egg prices & feed costs. No debt, dividend = 1/3 quarterly net income. 34% revenue from Walmart. Fair value $76/share vs $91 current. Risks: HPAI outbreaks, price volatility.
Read full article (4 min)