Cal-Maine Foods (Cal-Maine Foods) Momentum Rank : 6 (As of Apr. 27, 2024)

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What is Cal-Maine Foods Momentum Rank?

Cal-Maine Foods has the Momentum Rank of 6.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Cal-Maine Foods's Momentum Rank

For the Farm Products subindustry, Cal-Maine Foods's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cal-Maine Foods's Momentum Rank Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cal-Maine Foods's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Cal-Maine Foods's Momentum Rank falls into.

Cal-Maine Foods Momentum Rank Related Terms

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Cal-Maine Foods (Cal-Maine Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cal-Maine Foods Inc (NAS:CALM) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

CM2:Germany CM2:Germany

Address

1052 Highland Colony Parkway, Suite 200, Ridgeland, MS, USA, 39157

Website

https://www.calmainefoods.com

Cal-Maine Foods Inc produces and sells shell eggs. Its main market is the United States. The company's product portfolio contains nutritionally enhanced, cage-free, organic, and brown eggs. Cal-Maine Foods markets the shell eggs to a diverse group of customers, including grocery-store chains, club stores, and food service distributors. The company's brands are Egg-Land's, Land O' Lakes, Farmhouse, and 4-Grain. The Company has one reportable operating segment, which is the production, grading, packaging, marketing and distribution of shell eggs.

Executives

Charles Jeff Hardin	officer: Vice President Marketing	3650 GUENTHER ROAD, LAGRANGE TX 78945
Michael Todd Walters	officer: COO	1052 HIGHLAND COLONY PKWY, RIDGELAND MS 39157
Letitia Callender Hughes	director	48 AVERY CIRCLE, JACKSON MS 39211
James E Poole	director	PO BOX 5167, JACKSON MS 39296
Matthew Samuel Glover	officer: Vice President - Accounting	1052 HIGHLAND COLONY PKWY, RIDGELAND MS 39157
Camille S Young	director	2992 WEST BEACH BLVD, GULFPORT MS 39501
Adolphus B Baker	director, 10 percent owner, officer: Chairman, President & CEO	P. O. BOX 2960, JACKSON MS 39207
Jean Morris Adams	10 percent owner	312 VIEWPOINTE PLACE, CLINTON MS 39056
Holladay Robert L Jr	officer: VP - General Counsel	3320 W. WOODROW WILSON AVE, JACKSON MS 39209
Max P Bowman	director, officer: Vice President, CFO, Sec/Treas	3320 W. WOODROW WILSON AVE., JACKSON MS 39209
Dlnl, Llc	10 percent owner	3320 W. WOODROW WILSON AVE., JACKSON MS 39209
Adams Fred R Jr	10 percent owner	C/O CM FOODS, PO BOX 2960, JACKSON MS 39207
Steve W Sanders	director	2 OAKLEIGH PLACE, JACKSON MS 39211
Michael D Castleberry	officer: Vice President, Controller	3320 W. WOODROW WILSON AVE, JACKSON MS 39209
Timothy A Dawson	director, officer: Vice President, CFO, Sec/Treas	CAL-MAINE FOODS, INC., PO BOX 2960, JACKSON MS 39207