NASDAQ:CVGW Calavo Growers (CVGW) Stock Forecast, Price & News $33.02 +0.42 (+1.29%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$32.28▼$33.2350-Day Range$26.91▼$33.5352-Week Range$22.64▼$45.50Volume184,057 shsAverage Volume145,255 shsMarket Capitalization$585.77 millionP/E RatioN/ADividend Yield1.21%Price Target$36.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Calavo Growers MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside10.5% Upside$36.50 Price TargetShort InterestHealthy4.24% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.56Based on 5 Articles This WeekInsider TradingAcquiring Shares$2.19 M Bought Last QuarterProj. Earnings Growth75.73%From $1.03 to $1.81 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.32 out of 5 starsConsumer Staples Sector21st out of 140 stocksAgricultural Services Industry1st out of 3 stocks 2.3 Analyst's Opinion Consensus RatingCalavo Growers has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $36.50, Calavo Growers has a forecasted upside of 10.5% from its current price of $33.02.Amount of Analyst CoverageCalavo Growers has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.24% of the float of Calavo Growers has been sold short.Short Interest Ratio / Days to CoverCalavo Growers has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Calavo Growers has recently decreased by 9.31%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldCalavo Growers pays a meaningful dividend of 1.19%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCalavo Growers does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Calavo Growers will have a dividend payout ratio of 22.10% next year. This indicates that Calavo Growers will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CVGW. Previous Next 1.4 News and Social Media Coverage News SentimentCalavo Growers has a news sentiment score of -0.56. 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 0.60 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Calavo Growers this week, compared to 2 articles on an average week.Search Interest2 people have searched for CVGW on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Calavo Growers to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Calavo Growers insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,193,079.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.50% of the stock of Calavo Growers is held by insiders.Percentage Held by Institutions73.96% of the stock of Calavo Growers is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Calavo Growers are expected to grow by 75.73% in the coming year, from $1.03 to $1.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Calavo Growers is -110.06, 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. SectorThe P/E ratio of Calavo Growers is -110.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCalavo Growers has a P/B Ratio of 2.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Calavo Growers (NASDAQ:CVGW) StockCalavo Growers, Inc. engages in the marketing and distribution of avocados, prepared avocado products, and other perishable foods. It operates through the Grown and Prepared segments. The Grown segment consists of fresh avocados, tomatoes, and papayas. The Prepared segment includes all other products including fresh-cut fruits and vegetables, ready-to-eat sandwiches, wraps, salads and snacks, guacamole, and salsa. The company was founded in 1924 and is headquartered in Santa Paula, CA.Read More Receive CVGW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Calavo Growers and its competitors with MarketBeat's FREE daily newsletter. Email Address CVGW Stock News HeadlinesJune 6, 2023 | msn.comCalavo Growers sheds 6% after lower avocado prices whack FQ2 resultsJune 6, 2023 | finance.yahoo.comCalavo Growers, Inc. Announces Second Quarter 2023 Financial ResultsJune 7, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.June 5, 2023 | msn.comCalavo Growers Q2 2023 Earnings PreviewJune 4, 2023 | americanbankingnews.comCalavo Growers (CVGW) Set to Announce Quarterly Earnings on TuesdayMay 30, 2023 | finance.yahoo.comInvestors in Calavo Growers (NASDAQ:CVGW) have unfortunately lost 60% over the last five yearsMay 25, 2023 | finance.yahoo.comCVGW - Calavo Growers, Inc.April 12, 2023 | finance.yahoo.comCalavo Growers, Inc. Announces Virtual Access for its 2023 Annual Meeting of ShareholdersJune 7, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.April 10, 2023 | finance.yahoo.comThe Returns On Capital At Calavo Growers (NASDAQ:CVGW) Don't Inspire ConfidenceApril 10, 2023 | barrons.comGameStop, Kohl’s, and Calavo See Big Insider Stock BuysApril 1, 2023 | americanbankingnews.comCalavo Growers, Inc. (NASDAQ:CVGW) CEO Lecil E. Cole Purchases 50,000 SharesMarch 30, 2023 | msn.comCalavo Growers ‘Boomerang CEO’ Has Invested $2.6 Million to Back the Turnaround StoryMarch 30, 2023 | nasdaq.comCalavo Growers 'Boomerang CEO' Has Invested $2.6 Million to Back the Turnaround StoryMarch 30, 2023 | americanbankingnews.comCalavo Growers (NASDAQ:CVGW) Downgraded by StockNews.comMarch 25, 2023 | marketwatch.comFriday 3/24 Insider Buying Report: CVGW, PFSWMarch 25, 2023 | finance.yahoo.comInsider Buying: The Calavo Growers, Inc. (NASDAQ:CVGW) CEO & President Just Bought 15% More SharesMarch 21, 2023 | americanbankingnews.comCalavo Growers, Inc. (CVGW) to Issue Quarterly Dividend of $0.10 on April 6thMarch 20, 2023 | benzinga.comCalavo Growers: Dividend InsightsMarch 18, 2023 | finance.yahoo.comIt Might Not Be A Great Idea To Buy Calavo Growers, Inc. (NASDAQ:CVGW) For Its Next DividendMarch 17, 2023 | benzinga.comCalavo Growers Chief Executive Officer Awarded $11.93M Worth of Stock OptionsMarch 14, 2023 | finance.yahoo.comCalavo Growers Declares Quarterly DividendMarch 13, 2023 | benzinga.comFarming Company Calavo Growers Goes Back To Its Longtime CEO - What's On The Cards?March 13, 2023 | finance.yahoo.comCalavo Growers Board of Directors Appoints Lee E. Cole as President and Chief Executive OfficerMarch 10, 2023 | benzinga.comA Look Into Calavo Growers' DebtMarch 9, 2023 | seekingalpha.comCalavo Growers: 3 Bad Quarters Make A TrendMarch 8, 2023 | finance.yahoo.comCalavo Growers, Inc. (NASDAQ:CVGW) Q1 2023 Earnings Call TranscriptSee More Headlines CVGW Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CVGW Company Calendar Last Earnings3/06/2023Ex-Dividend for 4/6 Dividend3/23/2023Dividend Payable4/06/2023Today6/06/2023Next Earnings (Confirmed)6/06/2023Fiscal Year End10/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Agricultural services Sub-IndustryPackaged Foods & Meats SectorConsumer Staples Current SymbolNASDAQ:CVGW CUSIP12824610 CIK1133470 Webwww.calavo.com Phone(805) 525-1245Fax805-921-3219Employees3,266Year Founded1924Price Target and Rating Average Stock Price Forecast$36.50 High Stock Price Forecast$38.00 Low Stock Price Forecast$35.00 Forecasted Upside/Downside+10.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.30) Trailing P/E RatioN/A Forward P/E Ratio32.06 P/E GrowthN/ANet Income$-6,250,000.00 Net Margins-0.46% Pretax Margin-0.18% Return on Equity3.52% Return on Assets1.86% Debt Debt-to-Equity Ratio0.10 Current Ratio1.26 Quick Ratio0.84 Sales & Book Value Annual Sales$1.19 billion Price / Sales0.49 Cash Flow$1.42 per share Price / Cash Flow23.32 Book Value$12.60 per share Price / Book2.62Miscellaneous Outstanding Shares17,740,000Free Float17,122,000Market Cap$585.77 million OptionableOptionable Beta0.71 Social Links Key ExecutivesLecil E. ColePresident & Chief Executive OfficerShawn C. MunsellChief Financial OfficerDanny DumasSenior VP & General Manager-Calavo GrownHelen KurtzSVP & General Manager-Calavo PreparedRonald A. AraizaSenior Vice President-Calavo PreparedKey CompetitorsMission ProduceNASDAQ:AVOForafric GlobalNASDAQ:AFRIVital FarmsNASDAQ:VITLBeyond MeatNASDAQ:BYNDLavoroNASDAQ:LVROView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Bought 12,279 shares on 5/22/2023Ownership: 0.468%JPMorgan Chase & Co.Bought 8,558 shares on 5/18/2023Ownership: 0.236%New York State Common Retirement FundSold 2,822 shares on 5/18/2023Ownership: 0.061%Thrivent Financial for LutheransBought 5,580 shares on 5/17/2023Ownership: 0.134%Garner Asset Management CorpSold 615 shares on 5/16/2023Ownership: 0.052%View All Insider TransactionsView All Institutional Transactions CVGW Stock - Frequently Asked Questions Should I buy or sell Calavo Growers stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Calavo Growers in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CVGW shares. View CVGW analyst ratings or view top-rated stocks. What is Calavo Growers' stock price forecast for 2023? 2 Wall Street research analysts have issued 1 year price objectives for Calavo Growers' shares. Their CVGW share price forecasts range from $35.00 to $38.00. On average, they anticipate the company's share price to reach $36.50 in the next year. This suggests a possible upside of 10.5% 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 on January 1st, 2023. Since then, CVGW shares have increased by 12.3% and is now trading at $33.02. View the best growth stocks for 2023 here. Are investors shorting Calavo Growers? Calavo Growers saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 700,000 shares, a drop of 9.3% from the April 30th total of 771,900 shares. Based on an average trading volume of 169,400 shares, the short-interest ratio is currently 4.1 days. Currently, 4.2% of the company's shares are short sold. View Calavo Growers' Short Interest. When is Calavo Growers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 6th 2023. View our CVGW earnings forecast. How were Calavo Growers' earnings last quarter? Calavo Growers, Inc. (NASDAQ:CVGW) posted its earnings results on Monday, March, 6th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.24 by $0.32. The firm had revenue of $226.20 million for the quarter, compared to the consensus estimate of $265.86 million. Calavo Growers had a negative net margin of 0.46% and a positive trailing twelve-month return on equity of 3.52%. The business's revenue for the quarter was down 17.5% on a year-over-year basis. During the same period in the previous year, the business posted ($0.02) EPS. How often does Calavo Growers pay dividends? What is the dividend yield for Calavo Growers? Calavo Growers declared a quarterly dividend on Tuesday, March 14th. Investors of record on Friday, March 24th will be given a dividend of $0.10 per share on Thursday, April 6th. This represents a $0.40 annualized dividend and a dividend yield of 1.21%. The ex-dividend date is Thursday, March 23rd. Read our dividend analysis for CVGW. What ETFs hold Calavo Growers' stock? ETFs with the largest weight of Calavo Growers (NASDAQ:CVGW) stock in their portfolio include ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Consumer Staples ETF (PSCC), ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL), Global X Health & Wellness ETF (BFIT), Syntax Stratified SmallCap ETF (SSLY) and Fidelity MSCI Consumer Staples Index ETF (FSTA).Vanguard Consumer Staples ETF (VDC) and 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 1.19%. Read our dividend analysis for CVGW. 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). What is Calavo Growers' stock symbol? Calavo Growers trades on the NASDAQ under the ticker symbol "CVGW." Who are Calavo Growers' major shareholders? Calavo Growers' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (15.73%), Nuance Investments LLC (10.67%), State Street Corp (3.71%), Clearbridge Investments LLC (3.60%), Dimensional Fund Advisors LP (2.93%) and SG Capital Management LLC (2.77%). Insiders that own company stock include Donald M Sanders, Harold S Edwards, James D Helin, Lecil E Cole, 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. What is Calavo Growers' stock price today? One share of CVGW stock can currently be purchased for approximately $33.02. How much money does Calavo Growers make? Calavo Growers (NASDAQ:CVGW) has a market capitalization of $585.77 million and generates $1.19 billion in revenue each year. The company earns $-6,250,000.00 in net income (profit) each year or ($0.30) on an earnings per share basis. How many employees does Calavo Growers have? The company employs 3,266 workers across the globe. How can I contact Calavo Growers? Calavo Growers' mailing address is 1141-A Cummings Road, SANTA PAULA CA, 93060. The official website for the company is www.calavo.com. The company can be reached via phone at (805) 525-1245, via email at calavo@finprofiles.com, or via fax at 805-921-3219. This page (NASDAQ:CVGW) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Calavo Growers, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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