FY2025 EPS Estimate for Mission Produce Increased 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) - Research analysts at Roth Capital upped their FY2025 EPS estimates for shares of Mission Produce in a note issued to investors on Tuesday, September 9th. Roth Capital analyst G. Sweeney now forecasts that the company will post earnings of $0.59 per share for the year, up from their previous forecast of $0.51. Roth Capital currently has a "Buy" rating and a $17.00 target price 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.

Separately, Zacks Research cut shares of Mission Produce from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 26th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Mission Produce presently has an average rating of "Moderate Buy" and a consensus price target of $17.00.

Mission Produce Stock Down 10.2%

Shares of NASDAQ AVO opened at $11.74 on Thursday. Mission Produce has a 52-week low of $9.56 and a 52-week high of $15.25. The firm has a fifty day moving average of $12.33 and a 200-day moving average of $11.37. The stock has a market capitalization of $829.08 million, a PE ratio of 21.74 and a beta of 0.57. The company has a quick ratio of 1.23, a current ratio of 2.04 and a debt-to-equity ratio of 0.25.

Institutional Trading of Mission Produce

A number of institutional investors have recently added to or reduced their stakes in AVO. Vanguard Group Inc. boosted its position in Mission Produce by 3.0% in the 1st quarter. Vanguard Group Inc. now owns 2,920,349 shares of the company's stock valued at $30,605,000 after buying an additional 85,984 shares during the last quarter. Geode Capital Management LLC boosted its position in Mission Produce by 11.7% in the 2nd quarter. Geode Capital Management LLC now owns 1,183,208 shares of the company's stock valued at $13,869,000 after buying an additional 123,678 shares during the last quarter. American Century Companies Inc. boosted its position in Mission Produce by 28.6% in the 2nd quarter. American Century Companies Inc. now owns 861,139 shares of the company's stock valued at $10,093,000 after buying an additional 191,405 shares during the last quarter. Millennium Management LLC boosted its position in Mission Produce by 153.3% in the 4th quarter. Millennium Management LLC now owns 453,757 shares of the company's stock valued at $6,520,000 after buying an additional 274,591 shares during the last quarter. Finally, Northern Trust Corp boosted its position in Mission Produce by 12.0% in the 4th quarter. Northern Trust Corp now owns 435,305 shares of the company's stock valued at $6,255,000 after buying an additional 46,748 shares during the last quarter. 63.57% of the stock is owned by hedge funds and other institutional investors.

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.

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