Calavo Growers (CVGW) Projected to Post Earnings on Monday

Calavo Growers (NASDAQ:CVGW - Get Free Report) is anticipated to release its Q2 2025 earnings data after the market closes on Monday, June 9th. Analysts expect Calavo Growers to post earnings of $0.53 per share and revenue of $192.75 million for the quarter.

Calavo Growers Stock Performance

Shares of CVGW traded down $0.10 during trading hours on Monday, hitting $27.45. The company had a trading volume of 318,051 shares, compared to its average volume of 221,853. Calavo Growers has a 12 month low of $20.30 and a 12 month high of $30.58. The firm has a market cap of $489.63 million, a price-to-earnings ratio of -457.50 and a beta of 0.42. The business has a fifty day moving average of $25.57 and a 200-day moving average of $24.93. The company has a quick ratio of 1.70, a current ratio of 2.17 and a debt-to-equity ratio of 0.02.

Calavo Growers Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 29th. Investors of record on Tuesday, April 1st were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date was Tuesday, April 1st. Calavo Growers's dividend payout ratio is 148.15%.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of Calavo Growers from a "buy" rating to a "hold" rating in a research report on Thursday, May 15th.

Insider Buying and Selling

In other news, EVP Michael A. Browne acquired 6,000 shares of Calavo Growers stock in a transaction on Wednesday, April 2nd. The shares were purchased at an average cost of $23.69 per share, for a total transaction of $142,140.00. Following the completion of the purchase, the executive vice president now directly owns 7,500 shares of the company's stock, valued at approximately $177,675. This represents a 400.00% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Lecil E. Cole acquired 38,155 shares of Calavo Growers stock in a transaction on Monday, April 14th. The shares were purchased at an average price of $24.60 per share, for a total transaction of $938,613.00. Following the completion of the purchase, the chief executive officer now directly owns 574,225 shares of the company's stock, valued at approximately $14,125,935. This represents a 7.12% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 73,438 shares of company stock valued at $1,771,303. 7.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Calavo Growers

Large investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Calavo Growers by 4.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,985 shares of the company's stock worth $240,000 after buying an additional 390 shares in the last quarter. Jane Street Group LLC grew its stake in Calavo Growers by 49.7% during the first quarter. Jane Street Group LLC now owns 50,858 shares of the company's stock worth $1,220,000 after buying an additional 16,891 shares in the last quarter. AQR Capital Management LLC acquired a new stake in Calavo Growers during the first quarter worth about $2,520,000. Finally, Goldman Sachs Group Inc. grew its stake in Calavo Growers by 91.6% during the first quarter. Goldman Sachs Group Inc. now owns 275,452 shares of the company's stock worth $6,608,000 after buying an additional 131,674 shares in the last quarter. 81.30% of the stock is currently owned by institutional investors and hedge funds.

Calavo Growers Company Profile

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.