Calavo Growers (CVGW) Expected to Announce Earnings on Monday

Calavo Growers (NASDAQ:CVGW - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results 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 Trading Down 0.3%

Shares of Calavo Growers stock traded down $0.08 during trading hours on Thursday, hitting $26.61. The company's stock had a trading volume of 223,357 shares, compared to its average volume of 223,592. Calavo Growers has a 12 month low of $20.30 and a 12 month high of $30.58. The stock has a 50 day moving average of $25.80 and a 200 day moving average of $24.95. The company has a market capitalization of $474.64 million, a PE ratio of -443.50 and a beta of 0.42. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.17 and a quick ratio of 1.70.

Calavo Growers Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 29th. Investors of record on Tuesday, April 1st were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $0.80 dividend on an annualized basis and a yield of 3.01%. Calavo Growers's payout ratio is 148.15%.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In other news, CEO Lecil E. Cole bought 38,155 shares of the stock in a transaction on Monday, April 14th. The stock was purchased at an average price of $24.60 per share, for a total transaction of $938,613.00. Following the acquisition, the chief executive officer now owns 574,225 shares in the company, valued at approximately $14,125,935. This trade represents a 7.12% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO James E. Snyder acquired 3,213 shares of the firm's stock in a transaction that occurred on Thursday, April 10th. The shares were purchased at an average price of $23.33 per share, with a total value of $74,959.29. Following the completion of the acquisition, the chief financial officer now owns 5,157 shares of the company's stock, valued at $120,312.81. This represents a 165.28% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 73,438 shares of company stock worth $1,771,303. Corporate insiders own 7.20% of the company's stock.

Hedge Funds Weigh In On Calavo Growers

Hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Calavo Growers by 4.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,985 shares of the company's stock worth $240,000 after acquiring an additional 390 shares in the last quarter. Jane Street Group LLC grew its position in Calavo Growers by 49.7% in the first quarter. Jane Street Group LLC now owns 50,858 shares of the company's stock valued at $1,220,000 after purchasing an additional 16,891 shares in the last quarter. AQR Capital Management LLC bought a new position in Calavo Growers in the first quarter valued at $2,520,000. Finally, Goldman Sachs Group Inc. grew its position in Calavo Growers by 91.6% in the first quarter. Goldman Sachs Group Inc. now owns 275,452 shares of the company's stock valued at $6,608,000 after purchasing an additional 131,674 shares in the last quarter. 81.30% of the stock is owned by institutional investors.

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.