Cal-Maine Foods Inc. (NASDAQ:CALM) shares traded down 2.7% on Thursday . The company traded as low as $44.57 and last traded at $44.72, with a volume of 265,070 shares trading hands. The stock had previously closed at $45.94.

A number of research analysts have weighed in on the company. Zacks Investment Research lowered Cal-Maine Foods from a “hold” rating to a “strong sell” rating in a report on Monday, August 1st. BB&T Corp. upgraded Cal-Maine Foods from an “underweight” rating to a “hold” rating in a report on Thursday, June 16th. Vetr lowered Cal-Maine Foods from a “strong-buy” rating to a “buy” rating and set a $45.66 price target on the stock. in a report on Monday, July 25th. Finally, DA Davidson lowered Cal-Maine Foods from a “neutral” rating to an “underperform” rating and reduced their price target for the stock from $55.00 to $45.00 in a report on Monday, May 9th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $52.57.

The firm has a market capitalization of $2.14 billion and a PE ratio of 6.75. The stock has a 50 day moving average price of $42.96 and a 200 day moving average price of $47.01.

Cal-Maine Foods (NASDAQ:CALM) last announced its quarterly earnings data on Monday, July 18th. The company reported ($0.01) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.19) by $0.18. The business had revenue of $303 million for the quarter, compared to analyst estimates of $304.29 million. The company’s revenue was down 24.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.95 EPS. On average, analysts predict that Cal-Maine Foods Inc. will post $1.44 earnings per share for the current fiscal year.

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.

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