Cal-Maine Foods Inc Stock Research

Market Summary

USD47.56+0.51

Market Closed

1.08%

CALM Alerts

Big jump in Revenue (Y/Y)
Big jump in Earnings (Y/Y)

CALM Stock Price

CALM RSI Chart

CALM Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

3.06

Price/Sales (Trailing)

0.76

EV/EBITDA

1.94

Price/Free Cashflow

3.29

CALM Price/Sales (Trailing)

CALM Profitability

EBT Margin

24.78%

Return on Equity

35.84%

Return on Assets

26.84%

Free Cashflow Yield

30.36%

CALM Fundamentals

CALM Revenue

Revenue (TTM)

3.1B

Revenue Y/Y

108.91%

Revenue Q/Q

24.42%

CALM Earnings

Earnings (TTM)

757.1M

Earnings Y/Y

717.92%

Earnings Q/Q

62.76%

Price Action

52 Week Range

42.7065.32

(Low)(High)

Last 7 days

-5.1%

Last 30 days

1.4%

Last 90 days

-17.5%

Trailing 12 Months

2.3%

CALM Financial Health

Current Ratio

3.18

CALM Investor Care

Buy Backs (1Y)

0.48%

Diluted EPS (TTM)

15.52

Peers (Alternatives to Cal-Maine Foods)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MDLZ	105.5B	32.9B	-5.14%	18.46%	26.76	3.21	12.49%	-5.98%
GIS	47.8B	20.0B	-5.74%	23.09%	16.42	2.47	7.14%	21.75%
ADM	39.6B	102.0B	-6.58%	-17.42%	8.88	0.39	13.30%	44.96%
HRL	22.3B	12.4B	-0.02%	-15.81%	23.86	1.82	-1.55%	-2.72%
LW	16.3B	4.8B	0.84%	69.34%	30.09	3.39	21.64%	131.27%
MID-CAP
PPC	5.4B	17.4B	1.15%	-33.25%	11.42	0.31	10.47%	122.83%
POST	5.1B	6.1B	-6.53%	3.95%	5.84	0.84	18.23%	1243.59%
FRPT	3.0B	630.7M	-9.87%	-9.00%	-44.46	4.7	35.85%	-83.58%
CALM	2.3B	3.1B	1.40%	2.31%	3.06	0.76	98.86%	4010.09%
SMALL-CAP
FDP	1.3B	4.4B	-8.54%	3.93%	11.53	0.29	3.10%	77.18%
BYND	681.9M	401.7M	-20.86%	-59.71%	-2.1	1.7	-13.79%	-27.19%
LMNR	291.7M	183.2M	-3.27%	45.44%	13.31	1.59	9.70%	450.28%
ALCO	186.9M	58.9M	-0.98%	-42.72%	-6.38	3.18	-43.34%	-151.44%
LNDC	248.0M	182.9M	7.09%	-7.89%	-2.48	1.32	4.68%	-60.71%

Financials for Cal-Maine Foods

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	20.5%	3,051	2,530	2,111	1,777	1,534
Gross Profit	45.2%	1,193	822	548	337	180
S&GA Expenses	2.7%	222	216	206	199	195
EBITDA	60.8%	699	435	235	72.00	-
EBITDA Margin	34.1%	0.28*	0.21*	0.13*	0.05*	-
Earnings Before Taxes	59.3%	999	627	365	166	7.00
EBT Margin	43.2%	0.25*	0.17*	0.09*	0.00*	-
Interest Expenses	210.3%	9.00	3.00	1.00	0.00	-1.53
Net Income	59.9%	757	473	276	133	18.00
Net Income Margin	43.1%	0.19*	0.13*	0.07*	0.01*	-
Free Cahsflow	63.5%	383	234	54.00	-38.21	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	13.0%	1,992	1,763	1,555	1,427	1,282
Current Assets	22.5%	1,193	974	779	662	523
Cash Equivalents	24.1%	222	179	136	59.00	16.00
Inventory	3.7%	291	281	266	263	240
Net PPE	1.2%	713	704	689	678	671
Goodwill	0%	44.00	44.00	44.00	44.00	44.00
Liabilities	3.3%	458	443	367	323	252
Current Liabilities	2.1%	313	307	230	185	121
Shareholder's Equity	16.3%	1,536	1,320	1,188	1,105	1,030
Retained Earnings	16.8%	1,497	1,282	1,149	1,066	993
Additional Paid-In Capital	1.4%	71.00	70.00	69.00	68.00	67.00
Shares Outstanding	0.1%	49.00	49.00	49.00	49.00	-
Minority Interest	-69.0%	-1.10	-0.65	-0.36	-0.21	-0.09

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	66.9%	812	486	323	126	32.00
Share Based Compensation	-	4.00	-	-	-	-
Cashflow From Investing	-90.9%	-453	-237	-159	-117	-66.58
Cashflow From Financing	-77.6%	-152	-85.87	-44.14	-7.46	-2.98
Dividend Payments	78.3%	151	85.00	43.00	6.00	0.00

Risks for CALM

What is the probability of a big loss on CALM?

59.2%

Probability that Cal-Maine Foods stock will be more than 20% underwater in next one year

Probability that Cal-Maine Foods stock will be more than 30% underwater in next one year.

Probability that Cal-Maine Foods stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CALM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Cal-Maine Foods was unfortunately bought at previous high price.

Drawdowns

Returns for CALM

Cumulative Returns on CALM

9.2%

10-Year Cumulative Returns

1.5%

7-Year Cumulative Returns

1.2%

5-Year Cumulative Returns

3.2%

3-Year Cumulative Returns

What are the long-term rolling returns for CALM?

FIve years rolling returns for Cal-Maine Foods.

Annualized Returns

Which funds bought or sold CALM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-26	ALTERNA WEALTH MANAGEMENT, INC	new	-	226,937	226,937	0.28%
2023-05-26	ProShare Advisors LLC	reduced	-8.17	8,774	334,712	-%
2023-05-25	Legato Capital Management LLC	reduced	-29.91	-405,025	1,468,540	0.27%
2023-05-25	Empower Advisory Group, LLC	new	-	216,433	216,433	-%
2023-05-23	Toroso Investments, LLC	new	-	1,532,000	1,532,000	0.03%
2023-05-23	ROYCE & ASSOCIATES LP	new	-	771,537	771,537	0.01%
2023-05-22	AMERIPRISE FINANCIAL INC	reduced	-5.99	606,650	11,498,600	-%
2023-05-22	PUTNAM INVESTMENTS LLC	new	-	401,387	401,387	-%
2023-05-22	Raleigh Capital Management Inc.	added	52.46	2,306	5,640	-%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-12.27	-30,000	1,524,000	-%

Latest Funds Activity

Are funds buying CALM calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own CALM

No. of Funds

Cal-Maine Foods News

Schedule 13G FIlings of Cal-Maine Foods

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	vanguard group inc	12.30%	5,426,369	SC 13G/A
Feb 07, 2023	diamond hill capital management inc	3.3%	1,598,454	SC 13G/A
Feb 01, 2023	state street corp	2.90%	1,278,804	SC 13G/A
Jan 26, 2023	blackrock inc.	15.6%	6,905,325	SC 13G/A
Jan 20, 2023	blackrock inc.	15.6%	6,905,325	SC 13G/A
Dec 20, 2022	adams jean morris	2.9%	1,301,693	SC 13D/A
Oct 14, 2022	adams jean morris	7.5%	3,289,208	SC 13D/A
Aug 01, 2022	nuance investments, llc	4.86%	2,146,979	SC 13G/A
Mar 09, 2022	vanguard group inc	10.00%	4,406,969	SC 13G/A
Feb 14, 2022	price t rowe associates inc /md/	4.6%	2,066,231	SC 13G/A

CALM Fair Value

Show Fair-Value

Recent SEC filings of Cal-Maine Foods

View All Filings

Date Filed	Form Type	Document
Apr 03, 2023	4	Insider Trading
Mar 31, 2023	3	Insider Trading
Mar 28, 2023	8-K	Current Report
Mar 28, 2023	10-Q	Quarterly Report
Mar 27, 2023	8-K	Current Report

Latest Insider Trading transactions for CALM

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-31	HARDIN CHARLES JEFF	sold	-72,240	60.15	-1,201	executive vice president sales
2023-01-26	HUGHES LETITIA CALLENDER	sold	-64,546	54.7	-1,180	-
2023-01-14	BAKER ADOLPHUS B	sold (taxes)	-155,105	54.1	-2,867	chairman of the board
2023-01-14	BOWMAN MAX P	sold (taxes)	-41,386	54.1	-765	vice president, cfo, sec/treas
2023-01-14	Holladay Robert L Jr	sold (taxes)	-48,365	54.1	-894	vp - general counsel
2023-01-14	HARDIN CHARLES JEFF	sold (taxes)	-29,809	54.1	-551	executive vice president sales
2023-01-14	Glover Matthew Samuel	sold (taxes)	-15,797	54.1	-292	vice president - accounting
2023-01-14	Miller Sherman	sold (taxes)	-56,750	54.1	-1,049	president & ceo
2023-01-13	HUGHES LETITIA CALLENDER	acquired	-	-	1,898	-
2023-01-13	Holladay Robert L Jr	acquired	-	-	1,949	vp - general counsel

About Cal-Maine Foods

Adolphus B. Baker

www.calmainefoods.com

3290

Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. The company offers specialty shell eggs, such as nutritionally enhanced, cage free, organic, and brown eggs under the Egg-Land's Best, Land O' Lakes, Farmhouse, and 4-Grain brand names, as well as under private labels. It sells its products to various customers, including national and regional grocery store chains, club stores, foodservice distributors, and egg product consumers primarily in the southwestern, southeastern, mid-western, and mid-Atlantic regions of the United States. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi.

CALM Income Statement

2023-02-25

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Feb. 25, 2023	Feb. 26, 2022	Feb. 25, 2023	Feb. 26, 2022
Condensed Consolidated Statements of Income [Abstract]
Net sales	$ 997,493	$ 477,485	$ 2,457,537	$ 1,184,195
Cost of sales	534,467	385,903	1,459,172	1,042,221
Gross profit	463,026	91,582	998,365	141,974
Selling, general and administrative	58,489	52,686	170,048	146,991
Gain on insurance recoveries	(3,220)	(1,095)	(3,220)	(3,225)
(Gain) loss on disposal of fixed assets	(26)	421	36	370
Operating income (loss)	407,783	39,570	831,501	(2,162)
Other income (expense):
Interest income, net	6,126	79	8,959	440
Royalty income	426	326	1,198	877
Patronage dividends	10,239	10,120	10,239	10,120
Equity income of unconsolidated entities	1,786	1,809	943	2,208
Other, net	(1,473)	1,144	(205)	8,169
Total other income, net	17,104	13,478	21,134	21,814
Income before income taxes	424,887	53,048	852,635	19,652
Income tax expense (benefit)	102,118	13,594	206,438	(2,921)
Net income	322,769	39,454	646,197	22,573
Less: Loss attributable to noncontrolling interest	(450)	(63)	(896)	(91)
Net income attributable to Cal-Maine Foods, Inc.	$ 323,219	$ 39,517	$ 647,093	$ 22,664
Net income per common share:
Basic (in dollars per share)	$ 6.64	$ 0.81	$ 13.31	$ 0.46
Diluted (in dollars per share)	$ 6.62	$ 0.81	$ 13.25	$ 0.46
Weighted average shares outstanding:
Basic (in shares)	48,653	48,886	48,634	48,888
Diluted (in shares)	48,842	49,036	48,832	49,035

CALM Balance Sheet

2023-02-25

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 25, 2023	May 28, 2022
Current assets:
Cash and cash equivalents	$ 221,614	$ 59,084
Investment securities available-for-sale	423,418	115,429
Trade and other receivables, net	206,920	177,257
Income tax receivable	42,947	42,147
Inventories	290,869	263,316
Prepaid expenses and other current assets	7,599	4,286
Total current assets	1,193,367	661,519
Property, plant & equipment, net	712,512	677,796
Investments in unconsolidated entities	16,146	15,530
Goodwill	44,006	44,006
Intangible assets, net	16,484	18,131
Other long-term assets	9,968	10,507
Total Assets	1,992,483	1,427,489
Current liabilities:
Accounts payable and accrued expenses	138,617	122,331
Accrued income taxes payable	66,723	25,687
Dividends payable	107,720	36,656
Total current liabilities	313,060	184,674
Other noncurrent liabilities	9,715	10,274
Deferred income taxes, net	134,820	128,196
Total liabilities	457,595	323,144
Commitments and contingencies - see Note 9
Stockholders' equity:
Paid-in capital	70,977	67,989
Retained earnings	1,497,325	1,065,854
Accumulated other comprehensive loss, net of tax	(3,067)	(1,596)
Common stock in treasury at cost - 26,075 shares at February 25, 2023 and 26,121 shares at May 28, 2022	(29,996)	(28,447)
Total Cal-Maine Foods, Inc. stockholders' equity	1,535,990	1,104,551
Noncontrolling interest in consolidated entity	(1,102)	(206)
Total stockholders' equity	1,534,888	1,104,345
Total Liabilities and Stockholders' Equity	1,992,483	1,427,489
Common Stock [Member]
Stockholders' equity:
Common stock ($0.01 par value):	703	703
Class A Convertible Common Stock [Member]
Stockholders' equity:
Common stock ($0.01 par value):	$ 48	$ 48