Should I buy or sell Mission Produce stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mission Produce in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AVO shares. View AVO analyst ratings or view top-rated stocks .

What is Mission Produce's stock price target for 2024?

3 brokers have issued twelve-month price objectives for Mission Produce's shares. Their AVO share price targets range from $10.00 to $15.00. On average, they predict the company's stock price to reach $12.50 in the next twelve months. This suggests a possible upside of 44.0% 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 2023?

Mission Produce's stock was trading at $11.62 at the beginning of 2023. Since then, AVO shares have decreased by 25.3% and is now trading at $8.68. View the best growth stocks for 2023 here .

When is Mission Produce's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 28th 2023. View our AVO earnings forecast .

How were Mission Produce's earnings last quarter?

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

What ETF holds Mission Produce's stock ?

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

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 acted as the underwriters for the IPO and Roth Capital Partners, Stephens, Inc. and D.A. Davidson & Co. were co-managers.

Who are Mission Produce's major shareholders?

Mission Produce's stock is owned by many different institutional and retail investors. Top institutional shareholders include Nuance Investments LLC (6.07%), Integrated Advisors Network LLC (1.71%), Charles Schwab Investment Management Inc. (0.84%), Northern Trust Corp (0.59%), Bank of New York Mellon Corp (0.56%) and Ameriprise Financial Inc. (0.48%). Insiders that own company stock include Bonnie Cruickshank Lind, Bryan E Giles , Juan R Wiesner , Luis A Gonzalez 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 .

Mission Produce Stock Price, News & Analysis (NASDAQ:AVO)

$8.68

+0.22 (+2.60%)

(As of 12/1/2023 ET)

Compare

Today's Range: $8.28
▼
$8.81
50-Day Range: $8.46
▼
$9.87
52-Week Range: $8.19
▼
$16.15

Volume: 295,018 shs
Average Volume: 125,101 shs
Market Capitalization: $614.46 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.50

Mission Produce MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 44.0% Upside
$12.50 Price Target
Short Interest: Bearish
2.71% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.70
Upright™ Environmental Score
News Sentiment: -0.11
Based on 7 Articles This Week
Insider Trading: Selling Shares
$3 M Sold Last Quarter
Proj. Earnings Growth: 204.55%
From $0.22 to $0.67 Per Share

Overall MarketRank^™

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

2.65 out of 5 stars

Consumer Staples Sector

25th out of 118 stocks

Agricultural Services Industry

2nd out of 3 stocks

3.3

Analyst's Opinion

Consensus Rating
Mission Produce has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.50, Mission Produce has a forecasted upside of 44.0% from its current price of $8.68.
Amount of Analyst Coverage
Mission Produce has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
2.71% of the float of Mission Produce has been sold short.
Short Interest Ratio / Days to Cover
Mission Produce has a short interest ratio ("days to cover") of 7.1.
Change versus previous month
Short interest in Mission Produce has recently increased by 0.87%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Mission Produce does not currently pay a dividend.
Dividend Growth
Mission Produce does not have a long track record of dividend growth.

4.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Mission Produce has received a 58.17% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is false driven by its "Unprocessed avocados" product. See details.
Environmental Sustainability
The Environmental Impact score for Mission Produce is -3.70.

1.6

News and Social Media Coverage

News Sentiment
Mission Produce has a news sentiment score of -0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Mission Produce this week, compared to 1 article on an average week.
Search Interest
1 people have searched for AVO on MarketBeat in the last 30 days.
MarketBeat Follows
Only 2 people have added Mission Produce to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mission Produce insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,003,339.00 in company stock.
Percentage Held by Insiders
41.79% of the stock of Mission Produce is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 27.88% of the stock of Mission Produce is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Mission Produce are expected to grow by 204.55% in the coming year, from $0.22 to $0.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Mission Produce is -12.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mission Produce is -12.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Mission Produce has a PEG Ratio of 0.48. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Mission Produce has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Mission Produce Stock (NASDAQ:AVO)

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. It also provides ripening, bagging, custom packing, and logistical management services. In addition, the company offers merchandising and promotional support, and insights on market trends, and training services. Mission Produce, Inc. was founded in 1983 and is headquartered in Oxnard, California.

AVO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

AVO Stock News Headlines

November 30, 2023 | benzinga.com

Mission Produce Stock (NASDAQ:AVO), Analyst Ratings, Price Targets, Predictions

November 30, 2023 | americanbankingnews.com

Mission Produce (NASDAQ:AVO) Reaches New 52-Week Low After Analyst Downgrade

December 3, 2023 | DTI Trader (Ad)

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November 29, 2023 | americanbankingnews.com

Mission Produce (NASDAQ:AVO) Price Target Cut to $12.50 by Analysts at Roth Mkm

November 28, 2023 | markets.businessinsider.com

Roth MKM Maintains Buy Rating for Mission Produce: Here's What You Need To Know

November 26, 2023 | seekingalpha.com

Mission Produce: Commoditized Industry With Limited Scope For Outperformance

November 16, 2023 | morningstar.com

Mission Produce Inc Ordinary Shares

October 11, 2023 | benzinga.com

Massive Insider Trade At Mission Produce

December 3, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

October 9, 2023 | finance.yahoo.com

Despite recent sales, Mission Produce, Inc. (NASDAQ:AVO) insiders still hold the largest share with a 40% interest

September 13, 2023 | finance.yahoo.com

Mission Produce, Inc. (NASDAQ:AVO) Q3 2023 Earnings Call Transcript

September 13, 2023 | seekingalpha.com

Mission Produce: Await Operational Improvements To Warrant Any Re-Rating, Hold

September 12, 2023 | msn.com

Mission Produce: Not Ripe For A Position

September 12, 2023 | finanznachrichten.de

Mission Produce, Inc.: Mission Produce Announces Fiscal 2023 Third Quarter Financial Results

September 12, 2023 | finance.yahoo.com

Q3 2023 Mission Produce Inc Earnings Call

September 11, 2023 | finance.yahoo.com

Mission Produce stock falls as it misses adjusted profit expectations

September 11, 2023 | finance.yahoo.com

Mission Produce™ Announces Fiscal 2023 Third Quarter Financial Results

September 11, 2023 | finance.yahoo.com

Mission Produce, Inc. (AVO) Misses Q3 Earnings Estimates

September 4, 2023 | finance.yahoo.com

Analysts Estimate Mission Produce, Inc. (AVO) to Report a Decline in Earnings: What to Look Out for

August 28, 2023 | finance.yahoo.com

Mission Produce™ to Release Fiscal Third Quarter 2023 Financial Results on Monday, September 11, 2023

August 28, 2023 | finance.yahoo.com

11 Best Vegan Stocks to Buy Now

August 17, 2023 | finance.yahoo.com

Dole (DOLE) Q2 Earnings and Revenues Surpass Estimates

August 3, 2023 | finance.yahoo.com

Mission Produce™ Appoints Tony Sarsam to Board of Directors

July 7, 2023 | benzinga.com

Director of Mission Produce Sold $1.44M In Stock

June 13, 2023 | seekingalpha.com

Mission Produce Looks To Higher Volumes And Stable Pricing In 2023 (Upgrade)

June 11, 2023 | finance.yahoo.com

Mission Produce, Inc. (NASDAQ:AVO) Q2 2023 Earnings Call Transcript

June 10, 2023 | finance.yahoo.com

Mission Produce Second Quarter 2023 Earnings: Revenues Beat Expectations, EPS Lags

See More Headlines

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Company Calendar

Last Earnings: 9/11/2023
Today: 12/03/2023
Next Earnings (Estimated): 12/28/2023
Fiscal Year End: 10/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Agricultural services
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NASDAQ:AVO
CUSIP: N/A
CIK: 1802974
Web: www.worldsfinestavocados.com
Phone: 805-981-3650
Fax: N/A
Employees: 3,900
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $12.50
High Stock Price Target: $15.00
Low Stock Price Target: $10.00
Potential Upside/Downside: +44.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.69)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 39.45
P/E Growth: 0.48
Net Income: $-34,600,000.00
Net Margins: -5.22%
Pretax Margin: -5.19%
Return on Equity: 2.22%
Return on Assets: 1.26%

Debt

Debt-to-Equity Ratio: 0.35
Current Ratio: 2.12
Quick Ratio: 1.36

Sales & Book Value

Annual Sales: $1.05 billion
Price / Sales: 0.59
Cash Flow: $1.27 per share
Price / Cash Flow: 6.85
Book Value: $7.40 per share
Price / Book: 1.17

Miscellaneous

Outstanding Shares: 70,790,000
Free Float: 41,208,000
Market Cap: $614.46 million
Optionable: Not Optionable
Beta: 0.40

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Key Executives

Mr. Stephen J. Barnard (Age 70)
Founder, CEO, President, COO & Director
Comp: $848.82k
Mr. Bryan E. Giles (Age 52)
Chief Financial Officer
Comp: $508.29k
Ms. Joanne C. Wu (Age 41)
General Counsel & Secretary
Comp: $451.17k
Denise Junqueiro
Vice President of Marketing & Communications
Mr. Ross W. Wileman (Age 75)
Senior Vice President of Sales & Marketing
Comp: $747.62k
Ms. Anita Lemos
Vice President of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AVO Stock Analysis - Frequently Asked Questions

Should I buy or sell Mission Produce stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mission Produce in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AVO shares.
View AVO analyst ratings or view top-rated stocks.
What is Mission Produce's stock price target for 2024?: 3 brokers have issued twelve-month price objectives for Mission Produce's shares. Their AVO share price targets range from $10.00 to $15.00. On average, they predict the company's stock price to reach $12.50 in the next twelve months. This suggests a possible upside of 44.0% 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 2023?: Mission Produce's stock was trading at $11.62 at the beginning of 2023. Since then, AVO shares have decreased by 25.3% and is now trading at $8.68.
View the best growth stocks for 2023 here.
When is Mission Produce's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, December 28th 2023.
View our AVO earnings forecast.
How were Mission Produce's earnings last quarter?: Mission Produce, Inc. (NASDAQ:AVO) announced its quarterly earnings results on Monday, September, 11th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.22 by $0.07. The business earned $261.40 million during the quarter, compared to the consensus estimate of $241.97 million. Mission Produce had a negative net margin of 5.22% and a positive trailing twelve-month return on equity of 2.22%. Mission Produce's quarterly revenue was down 16.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.25 earnings per share.

What ETF holds Mission Produce's stock ?: VegTech Plant-based Innovation & Climate ETF holds 12,560 shares of AVO stock, representing 2.80% of its portfolio.
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 acted as the underwriters for the IPO and Roth Capital Partners, Stephens, Inc. and D.A. Davidson & Co. were co-managers.
Who are Mission Produce's major shareholders?: Mission Produce's stock is owned by many different institutional and retail investors. Top institutional shareholders include Nuance Investments LLC (6.07%), Integrated Advisors Network LLC (1.71%), Charles Schwab Investment Management Inc. (0.84%), Northern Trust Corp (0.59%), Bank of New York Mellon Corp (0.56%) and Ameriprise Financial Inc. (0.48%). Insiders that own company stock include Bonnie Cruickshank Lind, Bryan E Giles, Juan R Wiesner, Luis A Gonzalez 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.

This page (NASDAQ:AVO) was last updated on 12/3/2023 by MarketBeat.com Staff

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Mission Produce Stock Price, News & Analysis (NASDAQ:AVO)

Mission Produce MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Mission Produce Stock (NASDAQ:AVO)

AVO Stock Price History

AVO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

AVO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™