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S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
All the trading advice you’ve ever received boils down to this (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
All the trading advice you’ve ever received boils down to this (Ad)
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
All the trading advice you’ve ever received boils down to this (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
All the trading advice you’ve ever received boils down to this (Ad)
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
All the trading advice you’ve ever received boils down to this (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
All the trading advice you’ve ever received boils down to this (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
All the trading advice you’ve ever received boils down to this (Ad)
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?

Calavo Growers Stock Price, News & Analysis (NASDAQ:CVGW)

$26.84
+3.90 (+17.00%)
(As of 12/4/2023 ET)
Compare
Today's Range
$23.13
$26.87
50-Day Range
$21.69
$26.87
52-Week Range
$21.59
$38.97
Volume
446,814 shs
Average Volume
148,720 shs
Market Capitalization
$476.68 million
P/E Ratio
N/A
Dividend Yield
1.49%
Price Target
$40.00

Calavo Growers MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
49.0% Upside
$40.00 Price Target
Short Interest
Healthy
3.38% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$11,256 Bought Last Quarter
Proj. Earnings Growth
134.38%
From $0.64 to $1.50 Per Share

Overall MarketRank

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

2.86 out of 5 stars

Consumer Staples Sector

12th out of 134 stocks

Agricultural Services Industry

1st out of 3 stocks


CVGW stock logo

About Calavo Growers Stock (NASDAQ:CVGW)

Calavo Growers, Inc. markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery and foodservice customers, club stores, mass merchandisers, food distributors, and wholesale customers worldwide. It operates through two segments, Grown and Prepared. The Grown segment distributes tomatoes and papayas; and procures avocados grown in California, Mexico, Peru, and Colombia. The Prepared segment is involved in the distribution of prepared avocado products, salsa, fresh-cut fruit and vegetables, fresh prepared entrees salads, wraps, sandwiches, parfaits, and fresh snacking products, as well as ready-to-heat entrees, other hot bars and various deli items, meals kit components, and salad kits. The company offers its products under the Calavo brands and related logos; and Avo Fresco, Bueno, Calavo Gold, Calavo Salsa Lisa, Salsa Lisa, Celebrate the Taste, El Dorado, Fresh Ripe, Select, Taste of Paradise, The First Name in Avocados, Tico, Mfresh, Maui Fresh International, Triggered Avocados, ProRipeVIP, RIPE NOW!, Renaissance Food Group, Garden Highway Fresh Cut, Garden Highway, and Garden Highway Chef Essentials trademarks. Calavo Growers, Inc. was founded in 1924 and is headquartered in Santa Paula, California.

CVGW Stock Price History

CVGW Stock News Headlines

Calavo Growers Inc CVGW
Countries Are Investing Heavily Into Securing Energy Independence
There's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.
Countries Are Investing Heavily Into Securing Energy Independence
There's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.
Lake Street Keeps Their Buy Rating on Calavo Growers (CVGW)
Calavo Growers: Investors Should Not Panic
Calavo Growers: Restarting Turnaround From Scratch
Why Calavo Growers Stock Took Off on Thursday
Calavo Growers Q3 2023 Earnings Preview
Earnings Preview: Calavo Growers
Calavo Growers CEO Lee Cole Bought Up Stock
See More Headlines
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Company Calendar

Last Earnings
9/06/2023
Ex-Dividend for 10/11 Dividend
9/26/2023
Dividend Payable
10/11/2023
Today
12/05/2023
Next Earnings (Estimated)
12/19/2023
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Industry
Agricultural services
Sub-Industry
Packaged Foods & Meats
Current Symbol
NASDAQ:CVGW
CUSIP
12824610
Employees
3,266
Year Founded
1924

Price Target and Rating

Average Stock Price Target
$40.00
High Stock Price Target
$45.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+49.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-6,250,000.00
Pretax Margin
0.03%

Debt

Sales & Book Value

Annual Sales
$1.19 billion
Cash Flow
$1.68 per share
Book Value
$12.60 per share

Miscellaneous

Free Float
17,139,000
Market Cap
$476.68 million
Optionable
Optionable
Beta
0.71

Social Links

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Key Executives

  • Mr. Shawn C. Munsell (Age 48)
    Chief Financial Officer
    Comp: $444.87k
  • Ms. Graciela Montgomery (Age 68)
    Chief Human Resources Officer
    Comp: $434.91k
  • Mr. Ronald Anthony Araiza (Age 63)
    Executive Vice President of Calavo Foods Division
    Comp: $509.29k
  • Mr. Lecil E. Cole (Age 83)
    CEO & President
    Comp: $21.83k
  • Mr. Michael A. Browne (Age 64)
    Executive Vice President of Sales & Operations
    Comp: $547.86k
  • Ms. Lisa Mueller
    Senior Vice President
  • Paul Alan Harrison
    Executive Vice President
  • Mr. Scott H. Runge
    Treasurer














CVGW Stock Analysis - Frequently Asked Questions

Should I buy or sell Calavo Growers stock right now?

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

What is Calavo Growers' stock price target for 2024?

2 Wall Street research analysts have issued 12 month price objectives for Calavo Growers' shares. Their CVGW share price targets range from $35.00 to $45.00. On average, they anticipate the company's share price to reach $40.00 in the next year. This suggests a possible upside of 49.0% from the stock's current price.
View analysts price targets for CVGW
or view top-rated stocks among Wall Street analysts.

How have CVGW shares performed in 2023?

Calavo Growers' stock was trading at $29.40 at the beginning of the year. Since then, CVGW shares have decreased by 8.7% and is now trading at $26.84.
View the best growth stocks for 2023 here
.

When is Calavo Growers' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 19th 2023.
View our CVGW earnings forecast
.

How were Calavo Growers' earnings last quarter?

Calavo Growers, Inc. (NASDAQ:CVGW) issued its quarterly earnings results on Wednesday, September, 6th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.10. The company had revenue of $259.90 million for the quarter, compared to analyst estimates of $280.77 million. Calavo Growers had a negative net margin of 0.39% and a positive trailing twelve-month return on equity of 2.85%. Calavo Growers's quarterly revenue was down 24.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.16 EPS.

How often does Calavo Growers pay dividends? What is the dividend yield for Calavo Growers?

Calavo Growers announced a quarterly dividend on Friday, September 1st. Shareholders of record on Wednesday, September 27th will be given a dividend of $0.10 per share on Wednesday, October 11th. This represents a $0.40 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date is Tuesday, September 26th.
Read our dividend analysis for CVGW
.

Is Calavo Growers a good dividend stock?

Calavo Growers (NASDAQ:CVGW) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.74%.
Read our dividend analysis for CVGW.

What ETFs hold Calavo Growers' stock?
What is Lee Cole's approval rating as Calavo Growers' CEO?

7 employees have rated Calavo Growers Chief Executive Officer Lee Cole on Glassdoor.com. Lee Cole has an approval rating of 100% among the company's employees. This puts Lee Cole in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Calavo Growers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Calavo Growers investors own include Micron Technology (MU), Netflix (NFLX), AT&T (T), Tesla (TSLA), UnitedHealth Group (UNH), Intel (INTC), NIKE (NKE), NVIDIA (NVDA), AbbVie (ABBV) and Caterpillar (CAT).

Who are Calavo Growers' major shareholders?

Calavo Growers' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Nuance Investments LLC (8.79%), Clearbridge Investments LLC (3.59%), Kennedy Capital Management LLC (2.99%), Charles Schwab Investment Management Inc. (1.81%), Bank of New York Mellon Corp (1.28%) and Jacobs Levy Equity Management Inc. (1.11%). Insiders that own company stock include Donald M Sanders, James D Helin, Lecil E Cole, Michael A Browne, Michael Anthony Digregorio, Robert J Wedin and Steve Hollister.
View institutional ownership trends
.

How do I buy shares of Calavo Growers?

Shares of CVGW 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:CVGW) was last updated on 12/5/2023 by MarketBeat.com Staff

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