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DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Stop Day Trading - More Here (Ad)pixel
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
Stop Day Trading - More Here (Ad)pixel
Wall Street builds on gains, heads for 4-week winning streak
Pipeline break spills 45,000 gallons of diesel in Wyoming
Judge revives Obama-era ban on coal sales from federal lands
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
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DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Stop Day Trading - More Here (Ad)pixel
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
Stop Day Trading - More Here (Ad)pixel
Wall Street builds on gains, heads for 4-week winning streak
Pipeline break spills 45,000 gallons of diesel in Wyoming
Judge revives Obama-era ban on coal sales from federal lands
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NASDAQ:AVO

Mission Produce - AVO Stock Forecast, Price & News

$16.20
+0.64 (+4.11%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$15.69
$16.23
50-Day Range
$13.60
$16.20
52-Week Range
$11.04
$21.50
Volume
173,895 shs
Average Volume
134,915 shs
Market Capitalization
$1.14 billion
P/E Ratio
47.65
Dividend Yield
N/A
Price Target
$17.50

Mission Produce MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
8.0% Upside
$17.50 Price Target
Short Interest
Healthy
1.54% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.70
Upright™ Environmental Score
News Sentiment
1.13mentions of Mission Produce in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$83,884 Sold Last Quarter
Proj. Earnings Growth
37.29%
From $0.59 to $0.81 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Consumer Staples Sector

24th out of 147 stocks

Agricultural Services Industry

1st out of 4 stocks

AVO stock logo

About Mission Produce (NASDAQ:AVO) Stock

Mission Produce, Inc. engages in sourcing, producing, packaging, and distributing avocados in the United States and internationally. The company operates through two segments, Marketing and Distribution, and International Farming. It also provides value-added services, including ripening, bagging, custom packing, and logistical management. The company serves retail, wholesale, and foodservice customers. The company was founded in 1983 and is headquartered in Oxnard, California.

Mission Produce Trading Up 3.2 %

Shares of NASDAQ:AVO traded up $0.50 during midday trading on Friday, hitting $16.06. 3,126 shares of the stock traded hands, compared to its average volume of 74,266. The stock has a market capitalization of $1.13 billion, a PE ratio of 45.77, a P/E/G ratio of 2.35 and a beta of 0.14. The business's 50 day moving average is $14.54 and its two-hundred day moving average is $13.52. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 0.29. Mission Produce has a one year low of $11.04 and a one year high of $21.50.

Mission Produce (NASDAQ:AVO - Get Rating) last issued its quarterly earnings data on Wednesday, June 8th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.06. Mission Produce had a net margin of 2.48% and a return on equity of 4.91%. The firm had revenue of $278.10 million during the quarter, compared to the consensus estimate of $278.85 million. During the same period in the prior year, the firm posted $0.12 earnings per share. The company's quarterly revenue was up 18.5% compared to the same quarter last year. As a group, research analysts forecast that Mission Produce will post 0.59 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. TheStreet raised shares of Mission Produce from a "d+" rating to a "c-" rating in a research note on Tuesday, July 19th. Stephens boosted their price target on shares of Mission Produce to $17.00 in a research note on Thursday, June 9th.

Insider Activity at Mission Produce

In other Mission Produce news, CFO Bryan E. Giles sold 3,085 shares of the company's stock in a transaction dated Tuesday, June 21st. The shares were sold at an average price of $14.63, for a total value of $45,133.55. Following the sale, the chief financial officer now owns 73,957 shares in the company, valued at $1,081,990.91. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Mission Produce news, CFO Bryan E. Giles sold 3,085 shares of the company's stock in a transaction dated Tuesday, June 21st. The shares were sold at an average price of $14.63, for a total value of $45,133.55. Following the sale, the chief financial officer now owns 73,957 shares in the company, valued at $1,081,990.91. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Bryan E. Giles sold 2,500 shares of the stock in a transaction that occurred on Wednesday, August 10th. The shares were sold at an average price of $15.50, for a total transaction of $38,750.00. Following the sale, the chief financial officer now owns 73,957 shares in the company, valued at approximately $1,146,333.50. The disclosure for this sale can be found here. 43.70% of the stock is owned by corporate insiders.

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AVO Stock News Headlines

Why Mission Produce Shares Are Rising Today
Mission Produce Earnings Preview
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AVO Company Calendar

Last Earnings
6/08/2022
Today
8/13/2022
Next Earnings (Estimated)
9/12/2022
Fiscal Year End
10/31/2022

Industry, Sector and Symbol

Industry
Agricultural services
Sub-Industry
N/A
Current Symbol
NASDAQ:AVO
Fax
N/A
Employees
2,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$17.50
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+8.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$44.90 million
Pretax Margin
3.51%

Debt

Sales & Book Value

Annual Sales
$891.70 million
Cash Flow
$1.08 per share
Book Value
$7.57 per share

Miscellaneous

Free Float
39,779,000
Market Cap
$1.14 billion
Optionable
Not Optionable
Beta
0.14














AVO Stock - Frequently Asked Questions

Should I buy or sell Mission Produce stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mission Produce in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AVO shares.
View AVO analyst ratings
or view top-rated stocks.

What is Mission Produce's stock price forecast for 2022?

2 Wall Street research analysts have issued 12-month price targets for Mission Produce's stock. Their AVO share price forecasts range from $17.00 to $18.00. On average, they expect the company's stock price to reach $17.50 in the next year. This suggests a possible upside of 8.0% from the stock's current price.
View analysts price targets for AVO
or view top-rated stocks among Wall Street analysts.

How have AVO shares performed in 2022?

Mission Produce's stock was trading at $15.70 at the start of the year. Since then, AVO shares have increased by 3.2% and is now trading at $16.20.
View the best growth stocks for 2022 here
.

When is Mission Produce's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, September 12th 2022.
View our AVO earnings forecast
.

How were Mission Produce's earnings last quarter?

Mission Produce, Inc. (NASDAQ:AVO) released its quarterly earnings data on Wednesday, June, 8th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.06. The company had revenue of $278.10 million for the quarter, compared to analyst estimates of $278.85 million. Mission Produce had a net margin of 2.48% and a trailing twelve-month return on equity of 4.91%. The firm's revenue for the quarter was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.12 earnings per share.

When did Mission Produce IPO?

(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.

What is Mission Produce's stock symbol?

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

Who are Mission Produce's major shareholders?

Mission Produce's stock is owned by many different retail and institutional investors. Top institutional shareholders include Nuance Investments LLC (3.63%), Stephens Investment Management Group LLC (2.18%), Carmel Capital Management L.L.C. (0.81%), Kennedy Capital Management Inc. (0.44%), IQ EQ FUND MANAGEMENT IRELAND Ltd (0.17%) and Swiss National Bank (0.14%). 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.
View institutional ownership trends
.

How do I buy shares of Mission Produce?

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.
Compare Top Brokerages Here.

What is Mission Produce's stock price today?

One share of AVO stock can currently be purchased for approximately $16.20.

How much money does Mission Produce make?

Mission Produce (NASDAQ:AVO) has a market capitalization of $1.14 billion and generates $891.70 million in revenue each year. The company earns $44.90 million in net income (profit) each year or $0.34 on an earnings per share basis.

How many employees does Mission Produce have?

The company employs 2,800 workers across the globe.

How can I contact Mission Produce?

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.

This page (NASDAQ:AVO) was last updated on 8/13/2022 by MarketBeat.com Staff

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