Should I buy or sell Calavo Growers stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calavo Growers in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CVGW shares. View CVGW analyst ratings or view top-rated stocks .

What is Calavo Growers' stock price target for 2024?

2 analysts have issued 1 year target prices for Calavo Growers' shares. Their CVGW share price targets range from $32.00 to $45.00. On average, they predict the company's stock price to reach $38.50 in the next twelve months. This suggests a possible upside of 56.3% from the stock's current price. View analysts price targets for CVGW or view top-rated stocks among Wall Street analysts .

How have CVGW shares performed in 2024?

Calavo Growers' stock was trading at $29.41 on January 1st, 2024. Since then, CVGW shares have decreased by 16.2% and is now trading at $24.64. View the best growth stocks for 2024 here .

Are investors shorting Calavo Growers?

Calavo Growers saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 967,100 shares, a decline of 7.9% from the March 15th total of 1,050,000 shares. Based on an average trading volume of 183,000 shares, the days-to-cover ratio is currently 5.3 days. Approximately 5.8% of the company's shares are sold short. View Calavo Growers' Short Interest .

When is Calavo Growers' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024. View our CVGW earnings forecast .

How were Calavo Growers' earnings last quarter?

Calavo Growers, Inc. (NASDAQ:CVGW) announced its earnings results on Monday, March, 11th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.18. The firm had revenue of $127.60 million for the quarter, compared to analyst estimates of $254.25 million. Calavo Growers had a negative net margin of 1.32% and a positive trailing twelve-month return on equity of 0.49%. The business's revenue was down 3.9% on a year-over-year basis. During the same period in the prior year, the company earned ($0.08) earnings per share.

How often does Calavo Growers pay dividends? What is the dividend yield for Calavo Growers?

Calavo Growers announced a quarterly dividend on Monday, March 11th. Stockholders of record on Monday, April 1st will be paid a dividend of $0.10 per share on Monday, April 29th. This represents a $0.40 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Thursday, March 28th. Read our dividend analysis for CVGW .

Is Calavo Growers a good dividend stock?

Calavo Growers (NASDAQ:CVGW) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.64%. Read our dividend analysis for CVGW .

What ETFs hold Calavo Growers' stock?

ETFs with the largest weight of Calavo Growers (NASDAQ:CVGW) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC) . IQ U.S. Small Cap ETF (CSML) .

What guidance has Calavo Growers issued on next quarter's earnings?

Calavo Growers updated its FY 2023 earnings guidance on Thursday, January, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $972.0 million-$972.0 million, compared to the consensus revenue estimate of $1.0 billion.

What is Lee Cole's approval rating as Calavo Growers' CEO?

7 employees have rated Calavo Growers Chief Executive Officer Lee Cole on Glassdoor.com . Lee Cole has an approval rating of 100% among the company's employees. This puts Lee Cole in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Calavo Growers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Calavo Growers investors own include Micron Technology (MU) , Netflix (NFLX) , AT&T (T) , Tesla (TSLA) , UnitedHealth Group (UNH) , Intel (INTC) , NIKE (NKE) , NVIDIA (NVDA) , AbbVie (ABBV) and Caterpillar (CAT) .

Who are Calavo Growers' major shareholders?

Calavo Growers' stock is owned by many different retail and institutional investors. Top institutional investors include Kingswood Wealth Advisors LLC (0.09%). Insiders that own company stock include Donald M Sanders , James D Helin, Lecil E Cole, Michael A Browne and Steve Hollister . View institutional ownership trends .

How do I buy shares of Calavo Growers?

Shares of CVGW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:CVGW

Calavo Growers (CVGW) Stock Price, News & Analysis

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Free CVGW Stock Alerts

$24.64

+0.20 (+0.82%)

(As of 04/15/2024 ET)

Compare

Today's Range: $24.07
▼
$25.08
50-Day Range: $24.44
▼
$29.51
52-Week Range: $21.42
▼
$38.97

Volume: 123,154 shs
Average Volume: 176,885 shs
Market Capitalization: $438.59 million

P/E Ratio: N/A
Dividend Yield: 1.62%
Price Target: $38.50

Get Calavo Growers alerts:

Calavo Growers MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 56.3% Upside
$38.50 Price Target
Short Interest: Healthy
5.78% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.58
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 32.69%
From $1.04 to $1.38 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.21 out of 5 stars

Consumer Staples Sector

72nd out of 136 stocks

Agricultural Services Industry

1st out of 2 stocks

3.3

Analyst's Opinion

Consensus Rating
Calavo Growers has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Calavo Growers has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
5.78% of the float of Calavo Growers has been sold short.
Short Interest Ratio / Days to Cover
Calavo Growers has a short interest ratio ("days to cover") of 5.3.
Change versus previous month
Short interest in Calavo Growers has recently decreased by 7.90%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Calavo Growers pays a meaningful dividend of 1.64%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Calavo Growers does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Calavo Growers will have a dividend payout ratio of 28.99% next year. This indicates that Calavo Growers will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CVGW.

2.0

News and Social Media Coverage

News Sentiment
Calavo Growers has a news sentiment score of 0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Calavo Growers this week, compared to 2 articles on an average week.
MarketBeat Follows
Only 1 people have added Calavo Growers to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Calavo Growers insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.10% of the stock of Calavo Growers is held by insiders.
Percentage Held by Institutions
81.30% of the stock of Calavo Growers is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Calavo Growers are expected to grow by 32.69% in the coming year, from $1.04 to $1.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Calavo Growers is -37.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Calavo Growers is -37.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Calavo Growers has a P/B Ratio of 2.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Calavo Growers Stock (NASDAQ:CVGW)

Calavo Growers, Inc. markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery and foodservice customers, club stores, mass merchandisers, food distributors, and wholesale customers worldwide. It operates through Grown and Prepared segments. The Grown segment distributes tomatoes and papayas; and procures avocados grown in California, Mexico, Peru, and Colombia. The Prepared segment is involved in the distribution of prepared avocado products, salsa, fresh-cut fruit and vegetables, fresh prepared entrees salads, wraps, sandwiches, parfaits, and fresh snacking products, as well as ready-to-heat entrees, other hot bars and various deli items, meals kit components, and salad kits. It offers its products under the Calavo brands and related logos; and Avo Fresco, Bueno, Avo Fresco, Bueno, Calavo Gold, Celebrate the Taste, El Dorado, Taste of Paradise, The First Name in Avocados, The Family of Fresh, ProRipeVIP, RIPE NOW!, Renaissance Food Group, Garden Highway Fresh Cut, Garden Highway, and Garden Highway Chef Essentials trademarks. Calavo Growers, Inc. was founded in 1924 and is headquartered in Santa Paula, California.

CVGW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CVGW Stock News Headlines

April 10, 2024 | seekingalpha.com

Calavo Growers: I'm Buying Into The Turnaround Potential Of This Once High-Flyer

April 10, 2024 | markets.businessinsider.com

Calavo Growers, Inc. Announces Virtual Access for its 2024 Annual Meeting of Shareholders

April 16, 2024 | Porter & Company (Ad)

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April 10, 2024 | globenewswire.com

Calavo Growers, Inc. Announces Virtual Access for its 2024 Annual Meeting of Shareholders

April 7, 2024 | investorplace.com

The 3 Best Vegan Stocks to Buy in April 2024

April 6, 2024 | finance.yahoo.com

18 Least Vegetarian Friendly Countries in Asia

March 16, 2024 | ca.finance.yahoo.com

CVGW Jul 2024 12.500 call

March 13, 2024 | finance.yahoo.com

Calavo Growers Inc (CVGW) Faces Headwinds in Q1 2024 Despite Strong Avocado Pricing

April 16, 2024 | Porter & Company (Ad)

The #1 Investment of the Decade…

March 11, 2024 | msn.com

Calavo Growers Non-GAAP EPS of -$0.01, revenue of $127.61M

March 11, 2024 | finance.yahoo.com

Calavo (NASDAQ:CVGW) Misses Q1 Revenue Estimates

March 11, 2024 | prnewswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Calavo Growers, Inc. - CVGW

March 11, 2024 | globenewswire.com

Calavo Growers, Inc. Announces First Quarter 2024 Financial Results

March 11, 2024 | msn.com

Investor Sentiment Dips Post Jobs Data, Dow Registers Weekly Loss

March 11, 2024 | markets.businessinsider.com

How To Earn $500 A Month From Calavo Growers Ahead Of Q1 Earnings

March 3, 2024 | prnewswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Calavo Growers, Inc. - CVGW

February 27, 2024 | globenewswire.com

Calavo Growers to Report First Quarter Financial Results

February 26, 2024 | businesswire.com

Calavo Growers, Inc. (CVGW) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

February 24, 2024 | prnewswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Calavo Growers, Inc. - CVGW

February 22, 2024 | benzinga.com

Calavo Growers Stock (NASDAQ:CVGW) Earnings Dates and Earning Calls

February 16, 2024 | ca.finance.yahoo.com

CVGW Mar 2024 30.000 call

February 15, 2024 | prnewswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Calavo Growers, Inc. - CVGW

February 13, 2024 | stockhouse.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Calavo Growers, Inc. - CVGW

February 8, 2024 | markets.businessinsider.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Calavo Growers, Inc

February 7, 2024 | stockhouse.com

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Calavo Growers, Inc. (CVGW) on Behalf of Investors

February 6, 2024 | tmcnet.com

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Calavo Growers, Inc. (CVGW) on Behalf of Investors

February 2, 2024 | finance.yahoo.com

Calavo Growers Inc (CVGW) Faces Net Loss Amidst Operational Challenges

See More Headlines

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Company Calendar

Ex-Dividend for 1/31 Dividend: 1/25/2024
Dividend Payable: 1/31/2024
Last Earnings: 3/11/2024
Ex-Dividend for 4/29 Dividend: 3/28/2024
Today: 4/16/2024
Dividend Payable: 4/29/2024
Next Earnings (Estimated): 6/04/2024
Fiscal Year End: 10/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Staples
Industry: Agricultural services
Sub-Industry: Packaged Foods & Meats
Current Symbol: NASDAQ:CVGW
CUSIP: 12824610
CIK: 1133470
Web: www.calavo.com
Phone: (805) 525-1245
Fax: 805-921-3219
Employees: 3,064
Year Founded: 1924

Price Target and Rating

Average Stock Price Target: $38.50
High Stock Price Target: $45.00
Low Stock Price Target: $32.00
Potential Upside/Downside: +56.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.66)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 23.69
P/E Growth: N/A
Net Income: $-8,340,000.00
Net Margins: -1.32%
Pretax Margin: -0.29%
Return on Equity: 0.49%
Return on Assets: 0.26%

Debt

Debt-to-Equity Ratio: 0.24
Current Ratio: 2.03
Quick Ratio: 1.70

Sales & Book Value

Annual Sales: $966.79 million
Price / Sales: 0.45
Cash Flow: $0.97 per share
Price / Cash Flow: 25.41
Book Value: $11.84 per share
Price / Book: 2.08

Miscellaneous

Outstanding Shares: 17,800,000
Free Float: 16,536,000
Market Cap: $438.59 million
Optionable: Optionable
Beta: 0.65

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Key Executives

Mr. Lecil E. Cole (Age 84)
CEO & President
Comp: $74.42k
Mr. Shawn C. Munsell (Age 49)
Chief Financial Officer
Comp: $465.09k
Mr. Ronald Anthony Araiza (Age 64)
Executive Vice President of Fresh Foods
Comp: $209.56k
Mr. Paul Alan Harrison (Age 46)
Executive Vice President of RFG Prepared
Comp: $341.2k
Mr. Michael A. Browne (Age 65)
Executive Vice President of Sales & Operations
Comp: $547.86k
Ms. Lisa Mueller
Senior Vice President
Mr. Scott H. Runge
Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CVGW Stock Analysis - Frequently Asked Questions

Should I buy or sell Calavo Growers stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calavo Growers in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CVGW shares.
View CVGW analyst ratings or view top-rated stocks.
What is Calavo Growers' stock price target for 2024?: 2 analysts have issued 1 year target prices for Calavo Growers' shares. Their CVGW share price targets range from $32.00 to $45.00. On average, they predict the company's stock price to reach $38.50 in the next twelve months. This suggests a possible upside of 56.3% from the stock's current price.
View analysts price targets for CVGW or view top-rated stocks among Wall Street analysts.
How have CVGW shares performed in 2024?: Calavo Growers' stock was trading at $29.41 on January 1st, 2024. Since then, CVGW shares have decreased by 16.2% and is now trading at $24.64.
View the best growth stocks for 2024 here.
Are investors shorting Calavo Growers?: Calavo Growers saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 967,100 shares, a decline of 7.9% from the March 15th total of 1,050,000 shares. Based on an average trading volume of 183,000 shares, the days-to-cover ratio is currently 5.3 days. Approximately 5.8% of the company's shares are sold short.
View Calavo Growers' Short Interest.
When is Calavo Growers' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our CVGW earnings forecast.
How were Calavo Growers' earnings last quarter?: Calavo Growers, Inc. (NASDAQ:CVGW) announced its earnings results on Monday, March, 11th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.18. The firm had revenue of $127.60 million for the quarter, compared to analyst estimates of $254.25 million. Calavo Growers had a negative net margin of 1.32% and a positive trailing twelve-month return on equity of 0.49%. The business's revenue was down 3.9% on a year-over-year basis. During the same period in the prior year, the company earned ($0.08) earnings per share.
How often does Calavo Growers pay dividends? What is the dividend yield for Calavo Growers?: Calavo Growers announced a quarterly dividend on Monday, March 11th. Stockholders of record on Monday, April 1st will be paid a dividend of $0.10 per share on Monday, April 29th. This represents a $0.40 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Thursday, March 28th.
Read our dividend analysis for CVGW.
Is Calavo Growers a good dividend stock?: Calavo Growers (NASDAQ:CVGW) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.64%.
Read our dividend analysis for CVGW.

What ETFs hold Calavo Growers' stock?: ETFs with the largest weight of Calavo Growers (NASDAQ:CVGW) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC).IQ U.S. Small Cap ETF (CSML).
What guidance has Calavo Growers issued on next quarter's earnings?: Calavo Growers updated its FY 2023 earnings guidance on Thursday, January, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $972.0 million-$972.0 million, compared to the consensus revenue estimate of $1.0 billion.
What is Lee Cole's approval rating as Calavo Growers' CEO?: 7 employees have rated Calavo Growers Chief Executive Officer Lee Cole on Glassdoor.com. Lee Cole has an approval rating of 100% among the company's employees. This puts Lee Cole in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Calavo Growers own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Calavo Growers investors own include Micron Technology (MU), Netflix (NFLX), AT&T (T), Tesla (TSLA), UnitedHealth Group (UNH), Intel (INTC), NIKE (NKE), NVIDIA (NVDA), AbbVie (ABBV) and Caterpillar (CAT).
Who are Calavo Growers' major shareholders?: Calavo Growers' stock is owned by many different retail and institutional investors. Top institutional investors include Kingswood Wealth Advisors LLC (0.09%). Insiders that own company stock include Donald M Sanders, James D Helin, Lecil E Cole, Michael A Browne and Steve Hollister.
View institutional ownership trends.
How do I buy shares of Calavo Growers?: Shares of CVGW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CVGW) was last updated on 4/16/2024 by MarketBeat.com Staff

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Calavo Growers (CVGW) Stock Price, News & Analysis

Calavo Growers MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Calavo Growers Stock (NASDAQ:CVGW)

CVGW Stock Price History

CVGW Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CVGW Stock Analysis - Frequently Asked Questions

Overall MarketRank^™