CALM

Cal-Maine Foods Inc

Consumer


Presented:04/06/2016
Price:$52.03
Cap:$2.52B
Current Price:$92.22
Cap:$4.52B

Presented

Date04/06/2016
Price$52.03
Market Cap$2.52B
Ent Value$2.18B
P/E Ratio6.95x
Book Value$18.83
Div Yield0.06%
Shares O/S48.37M
Ave Daily Vol812,288
Short IntN/A

Current

Price$92.22
Market Cap$4.52B
Cal-Maine Foods, Inc. produces and markets shell eggs in United States. It engages in the production, grading, packing, marketing, and distribution of fresh shell eggs, including conventional, cage-free, organic and nutritionally-enhanced eggs. The firm operates farms, processing plants, hatcheries, feed mills, warehouses, offices and other properties located in Alabama, Arkansas, Florida, Georgia, Kansas, Kentucky, Louisiana, Mississippi, New Mexico, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, and Utah. It markets shell eggs to national and regional grocery store chains, club stores, foodservice distributors, and egg product manufacturers. The company was founded by Fred R. Adams Jr. in 1957 and is headquartered in Jackson, MS.

Publicly traded companies mentioned herein: Cal-Maine Foods Inc (CALM)

Highlights

The presenter is short shares of Cal-Maine Foods (CALM), feeling that despite the already high short interest, there is further downside to come as a result of persistent oversupply and permanent demand destruction. He states investors are overly optimistic on supply and demand normalization, and thinks CALM shares could decline to the low 30s from current levels.

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Idea Discussion

Commentor 1 - 2 weeks ago

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