Added to YB: 2024-11-15
Pitch date: 2024-11-15
CALM [neutral]
Cal-Maine Foods, Inc.
+5.41%
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
$4.1B
Pitch Price
$83.50
Price Target
N/A
Dividend
9.99%
EV/EBITDA
1.64
P/E
3.21
EV/Sales
0.64
Sector
Food Products
Category
dividend
Deep dive into Cal-Maine ($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)