Mission Produce (AVO) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mission Produce 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" AVO shares.
View AVO analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued twelve-month price objectives for Mission Produce's shares. Their AVO share price forecasts range from $10.00 to $15.00. On average, they expect the company's stock price to reach $12.50 in the next year. This suggests a possible upside of 31.3% from the stock's current price.
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Mission Produce's stock was trading at $11.62 at the beginning of 2023. Since then, AVO stock has decreased by 18.1% and is now trading at $9.52.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, December 28th 2023.
View our AVO earnings forecast.

Mission Produce, Inc. (NASDAQ:AVO) issued its earnings results on Monday, September, 11th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by $0.07. The company earned $261.40 million during the quarter, compared to analysts' expectations of $241.97 million. Mission Produce had a positive trailing twelve-month return on equity of 2.22% and a negative net margin of 5.22%. The company's revenue for the quarter was down 16.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.25 earnings per share.

VegTech Plant-based Innovation & Climate ETF holds 12,560 shares of AVO stock, representing 2.80% of its portfolio.

(AVO) raised $150 million in an initial public offering (IPO) on Thursday, October 1st 2020. The company issued 9,400,000 shares at $15.00-$17.00 per share. BofA Securities, JPMorgan and Citigroup served as the underwriters for the IPO and Roth Capital Partners, Stephens, Inc. and D.A. Davidson & Co. were co-managers.

Mission Produce trades on the NASDAQ under the ticker symbol "AVO."

Mission Produce's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.65%), Integrated Advisors Network LLC (1.72%), Geode Capital Management LLC (1.33%), State Street Corp (1.26%), Charles Schwab Investment Management Inc. (0.76%) and Stephens Investment Management Group LLC (0.70%). Insiders that own company stock include Bonnie Cruickshank Lind, Bryan E Giles, Jay A Pack, Juan R Wiesner, Luis A Gonzalez, Michael A Browne, Ross W Wileman and Stephen J Barnard.
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Shares of AVO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AVO stock can currently be purchased for approximately $9.52.

Mission Produce (NASDAQ:AVO) has a market capitalization of $673.92 million and generates $1.05 billion in revenue each year. The company earns $-34,600,000.00 in net income (profit) each year or ($0.69) on an earnings per share basis.

The company employs 3,900 workers across the globe.

The official website for the company is www.worldsfinestavocados.com. The company can be reached via phone at 805-981-3650 or via email at jeff.sonnek@icrinc.com.