FY2025 EPS Estimates for Mission Produce Raised by Analyst

Key Points

• Roth Capital analysts have increased their FY2025 EPS estimate for Mission Produce to $0.59 per share, up from a previous estimate of $0.51, while maintaining a "Buy" rating and a target price of $17.00.
• Mission Produce's shares have seen a 10.2% decline recently, with stock trading at $11.74, well below its 52-week high of $15.25.
• Investment analyst ratings for Mission Produce vary, with one analyst rating it a "Buy" and another a "Hold," resulting in an average rating of "Moderate Buy".

Mission Produce, Inc. (NASDAQ:AVO - Free Report) - Equities research analysts at Roth Capital upped their FY2025 EPS estimates for Mission Produce in a research note issued on Tuesday, September 9th. Roth Capital analyst G. Sweeney now anticipates that the company will earn $0.59 per share for the year, up from their prior forecast of $0.51. Roth Capital has a "Buy" rating and a $17.00 price objective on the stock. The consensus estimate for Mission Produce's current full-year earnings is $0.34 per share. Roth Capital also issued estimates for Mission Produce's Q4 2025 earnings at $0.17 EPS and FY2026 earnings at $0.40 EPS.

A number of other research firms have also recently commented on AVO. Stephens assumed coverage on shares of Mission Produce in a research report on Friday. They issued an "overweight" rating and a $17.00 target price on the stock. Zacks Research cut shares of Mission Produce from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 26th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Mission Produce has a consensus rating of "Moderate Buy" and a consensus price target of $17.00.

Mission Produce Trading Down 1.3%

NASDAQ AVO traded down $0.17 during trading hours on Thursday, reaching $12.68. The company had a trading volume of 149,359 shares, compared to its average volume of 348,814. The stock has a 50-day moving average of $12.36 and a 200 day moving average of $11.36. Mission Produce has a 1-year low of $9.56 and a 1-year high of $15.25. The company has a current ratio of 2.04, a quick ratio of 1.30 and a debt-to-equity ratio of 0.25. The stock has a market capitalization of $895.45 million, a P/E ratio of 23.49 and a beta of 0.57.

Institutional Trading of Mission Produce

Several hedge funds have recently made changes to their positions in AVO. Millennium Management LLC increased its stake in shares of Mission Produce by 153.3% during the fourth quarter. Millennium Management LLC now owns 453,757 shares of the company's stock worth $6,520,000 after buying an additional 274,591 shares during the period. Invesco Ltd. increased its stake in shares of Mission Produce by 287.6% during the second quarter. Invesco Ltd. now owns 360,863 shares of the company's stock worth $4,229,000 after buying an additional 267,752 shares during the period. American Century Companies Inc. increased its stake in shares of Mission Produce by 28.6% during the second quarter. American Century Companies Inc. now owns 861,139 shares of the company's stock worth $10,093,000 after buying an additional 191,405 shares during the period. Algert Global LLC increased its stake in shares of Mission Produce by 221.5% during the first quarter. Algert Global LLC now owns 251,784 shares of the company's stock worth $2,639,000 after buying an additional 173,472 shares during the period. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Mission Produce during the first quarter worth approximately $1,339,000. Institutional investors and hedge funds own 63.57% of the company's stock.

Mission Produce Company Profile

Mission Produce, Inc engages in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, distributors, and foodservice customers in the United States and internationally. The company operates through three segments, Marketing and Distribution; International Farming; and Blueberries.