Calavo Growers Company Profile (NASDAQ:CVGW)

About Calavo Growers (NASDAQ:CVGW)

Calavo Growers logoCalavo Growers, Inc. operates in the avocado industry. The Company provides value-added fresh food. The Company distributes its products both domestically and internationally and internationally. It operates in three business segments: Fresh products, Calavo Foods and Renaissance Food Group, LLC (RFG). The Company is engaged in marketing and distributing avocados, prepared avocados and other perishable foods, which allows it to deliver an array of fresh and prepared food products to food distributors, produce wholesalers, supermarkets, convenience stores and restaurants on a worldwide basis. The Company procures avocados principally from California and Mexico. Through its various operating facilities, the Company sorts, packs, and/or ripens avocados, tomatoes and/or Hawaiian grown papayas; processes and packages fresh cut fruit and vegetables, salads, wraps, sandwiches, fresh snacking products and a range of behind-the-glass deli items, and produces and packages guacamole and salsa.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Farm Products
  • Sub-Industry: Packaged Foods & Meats
  • Symbol: NASDAQ:CVGW
  • CUSIP: 12824610
  • Web:
  • Market Cap: $1.2 billion
  • Outstanding Shares: 17,522,000
Average Prices:
  • 50 Day Moving Avg: $65.41
  • 200 Day Moving Avg: $60.33
  • 52 Week Range: $48.75 - $71.48
  • Trailing P/E Ratio: 32.44
  • Foreward P/E Ratio: 25.26
  • P/E Growth: 4.09
Sales & Book Value:
  • Annual Revenue: $957.66 million
  • Price / Sales: 1.25
  • Book Value: $12.45 per share
  • Price / Book: 5.50
  • Annual Dividend: $0.90
  • Dividend Yield: 1.3%
  • EBIDTA: $69.32 million
  • Net Margins: 4.06%
  • Return on Equity: 18.36%
  • Return on Assets: 12.09%
  • Current Ratio: 1.23%
  • Quick Ratio: 0.94%
  • Average Volume: 216,923 shs.
  • Beta: 0.54
  • Short Ratio: 13.36

Frequently Asked Questions for Calavo Growers (NASDAQ:CVGW)

What is Calavo Growers' stock symbol?

Calavo Growers trades on the NASDAQ under the ticker symbol "CVGW."

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

Calavo Growers declared an annual dividend on Wednesday, September 28th. Investors of record on Thursday, November 17th will be paid a dividend of $0.90 per share on Thursday, December 8th. This represents a yield of 1.36%. The ex-dividend date is Tuesday, November 15th. This is an increase from Calavo Growers's previous annual dividend of $0.80. View Calavo Growers' Dividend History.

How were Calavo Growers' earnings last quarter?

Calavo Growers, Inc. (NASDAQ:CVGW) announced its quarterly earnings results on Tuesday, March, 7th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.10. The company earned $226.60 million during the quarter, compared to analyst estimates of $240.27 million. Calavo Growers had a net margin of 4.06% and a return on equity of 18.36%. Calavo Growers's revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period last year, the business posted $0.37 earnings per share. View Calavo Growers' Earnings History.

When will Calavo Growers make its next earnings announcement?

Calavo Growers is scheduled to release their next quarterly earnings announcement on Tuesday, June, 6th 2017. View Earnings Estimates for Calavo Growers.

Where is Calavo Growers' stock going? Where will Calavo Growers' stock price be in 2017?

4 equities research analysts have issued 1-year price objectives for Calavo Growers' stock. Their forecasts range from $65.00 to $76.00. On average, they expect Calavo Growers' stock price to reach $72.75 in the next year. View Analyst Ratings for Calavo Growers.

Are investors shorting Calavo Growers?

Calavo Growers saw a drop in short interest in April. As of April 28th, there was short interest totalling 4,147,988 shares, a drop of 2.8% from the April 13th total of 4,266,347 shares. Based on an average trading volume of 170,739 shares, the short-interest ratio is currently 24.3 days.

Who are some of Calavo Growers' key competitors?

Who are Calavo Growers' key executives?

Calavo Growers' management team includes the folowing people:

  • Lecil E. Cole, Chairman of the Board, President, Chief Executive Officer
  • B. John Lindeman, Chief Financial Officer, Secretary
  • Michael A. Browne, Vice President - Fresh Operations
  • Robert J. Wedin, Vice President - Sales and Fresh Marketing
  • Ron Araiza, Vice President - Foods Division Sales and Operations
  • Marc Laurence Brown, Independent Director
  • Egidio Carbone Jr., Independent Director
  • Michael A. DiGregorio, Independent Director
  • Harold S. Edwards, Independent Director
  • James D. Helin, Independent Director

Who owns Calavo Growers stock?

Calavo Growers' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.94%), Neuberger Berman Group LLC (9.05%), Vanguard Group Inc. (4.80%), Stephens Investment Management Group LLC (4.27%), Dimensional Fund Advisors LP (3.54%) and State of New Jersey Common Pension Fund D (3.25%). Company insiders that own Calavo Growers stock include Donald M Sanders, Dorcas H Thille, Harold S Edwards, John M Hunt, Kenneth J Catchot, Lecil E Cole, Marc Laurence Brown, Michael A Browne and Steve Hollister. View Institutional Ownership Trends for Calavo Growers.

Who sold Calavo Growers stock? Who is selling Calavo Growers stock?

Calavo Growers' stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Renaissance Technologies LLC, Goldman Sachs Group Inc., Granahan Investment Management Inc. MA, Credit Suisse AG, Riverbridge Partners LLC, TIAA CREF Investment Management LLC and Martingale Asset Management L P. Company insiders that have sold Calavo Growers stock in the last year include Donald M Sanders, John M Hunt, Kenneth J Catchot, Marc Laurence Brown and Steve Hollister. View Insider Buying and Selling for Calavo Growers.

Who bought Calavo Growers stock? Who is buying Calavo Growers stock?

Calavo Growers' stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Neuberger Berman Group LLC, Cortina Asset Management LLC, RidgeWorth Capital Management LLC, Rice Hall James & Associates LLC, Teachers Advisors LLC, Point72 Asset Management L.P. and Stephens Investment Management Group LLC. Company insiders that have bought Calavo Growers stock in the last two years include Lecil E Cole and Michael A Browne. View Insider Buying and Selling for Calavo Growers.

How do I buy Calavo Growers stock?

Shares of Calavo Growers can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Calavo Growers' stock price today?

One share of Calavo Growers stock can currently be purchased for approximately $68.45.

MarketBeat Community Rating for Calavo Growers (NASDAQ CVGW)
Community Ranking:  2.7 out of 5 ( )
Outperform Votes:  117 (Vote Outperform)
Underperform Votes:  97 (Vote Underperform)
Total Votes:  214
MarketBeat's community ratings are surveys of what our community members think about Calavo Growers and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Calavo Growers (NASDAQ:CVGW) (?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $72.75 (6.28% upside)

Analysts' Ratings History for Calavo Growers (NASDAQ:CVGW)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
12/23/2016DA DavidsonReiterated RatingBuy$70.00 -> $75.00N/AView Rating Details
12/21/2016Lake Street CapitalBoost Price TargetBuy$71.00 -> $76.00N/AView Rating Details
11/11/2016StephensUpgradeEqual Weight -> OverweightN/AView Rating Details
6/22/2016WunderlichInitiated CoverageBuy$75.00N/AView Rating Details
1/15/2016Buckingham ResearchBoost Price TargetBuy$53.00 -> $58.00N/AView Rating Details
12/30/2015BB&T Co.Boost Price TargetBuy$60.00N/AView Rating Details
(Data available from 5/29/2015 forward)


Earnings History for Calavo Growers (NASDAQ:CVGW)
Earnings by Quarter for Calavo Growers (NASDAQ:CVGW)
Earnings History by Quarter for Calavo Growers (NASDAQ CVGW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/7/2017Q1 2017$0.44$0.34$240.27 million$226.60 millionViewN/AView Earnings Details
12/20/2016Q4 2016$0.49$0.53$256.91 million$247.70 millionViewN/AView Earnings Details
9/7/2016Q3$0.61$0.73$243.80 million$263.15 millionViewN/AView Earnings Details
6/6/2016Q2$0.49$0.56$242.33 million$220.30 millionViewN/AView Earnings Details
3/8/2016Q1$0.35$0.37$212.72 million$204.60 millionViewN/AView Earnings Details
12/29/2015Q415$0.45$0.28$212.92 million$207.99 millionViewN/AView Earnings Details
9/3/2015Q315$0.60$0.54$259.41 million$232.45 millionViewN/AView Earnings Details
6/2/2015Q215$0.48$0.49$229.12 million$221.59 millionViewN/AView Earnings Details
3/6/2015Q115$0.34$0.31$188.48 million$194.79 millionViewN/AView Earnings Details
1/15/2015Q414$0.45$0.38$205.77 million$200.75 millionViewN/AView Earnings Details
9/9/2014Q313$0.46$0.53$223.97 million$218.70 millionViewN/AView Earnings Details
6/2/2014Q1 14$0.36$0.43$198.83 million$194.90 millionViewN/AView Earnings Details
3/5/2014Q1$0.27$0.25$166.90 million$168.20 millionViewN/AView Earnings Details
1/6/2014Q4$0.38$0.42$179.57 million$190.70 millionViewN/AView Earnings Details
9/5/2013Q3 2013$0.39$0.48$189.17 million$194.30 millionViewN/AView Earnings Details
6/5/2013Q2 2013$0.38$0.15$162.07 million$166.30 millionViewN/AView Earnings Details
3/5/2013Q1 2013$0.26$0.24$126.68 million$139.50 millionViewN/AView Earnings Details
1/3/2013Q4 2012$0.42$0.42$157.38 million$141.55 millionViewN/AView Earnings Details
9/5/2012Q212$0.53$0.38$172.12 million$153.18 millionViewN/AView Earnings Details
6/4/2012$0.44$0.30ViewN/AView Earnings Details
3/5/2012$0.24$0.18ViewN/AView Earnings Details
1/5/2012$0.20$0.25ViewN/AView Earnings Details
9/7/2011$0.22$0.18ViewN/AView Earnings Details
6/6/2011$0.30$0.16ViewN/AView Earnings Details
3/2/2011$0.26$0.16ViewN/AView Earnings Details
1/3/2011$0.27$0.32ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Calavo Growers (NASDAQ:CVGW)
2017 EPS Consensus Estimate: $2.52
2018 EPS Consensus Estimate: $3.00
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.42$0.54$0.48
Q2 20172$0.63$0.70$0.67
Q3 20172$0.67$0.81$0.74
Q4 20172$0.61$0.65$0.63
Q1 20181$0.63$0.63$0.63
Q2 20181$0.83$0.83$0.83
Q3 20181$0.81$0.81$0.81
Q4 20181$0.73$0.73$0.73
(Data provided by Zacks Investment Research)


Current Dividend Information for Calavo Growers (NASDAQ:CVGW)
Most Recent Dividend:12/8/2016
Annual Dividend:$0.90
Dividend Yield:1.31%
Payout Ratio:41.10% (Trailing 12 Months of Earnings)
37.97% (Based on This Year's Estimates)
33.21% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Calavo Growers (NASDAQ:CVGW)

Dividend History by Quarter for Calavo Growers (NASDAQ CVGW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Calavo Growers (NASDAQ:CVGW)
Insider Ownership Percentage: 10.20%
Institutional Ownership Percentage: 67.96%
Insider Trades by Quarter for Calavo Growers (NASDAQ:CVGW)
Institutional Ownership by Quarter for Calavo Growers (NASDAQ:CVGW)
Insider Trades by Quarter for Calavo Growers (NASDAQ:CVGW)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/11/2017Lecil E ColeChairmanBuy42,942$61.78$2,652,956.76View SEC Filing  
3/13/2017Lecil E ColeChairmanBuy95,000$56.42$5,359,900.00View SEC Filing  
3/9/2017Michael A BrowneVPBuy2,000$55.50$111,000.00View SEC Filing  
9/20/2016Kenneth J CatchotInsiderSell35,647$69.42$2,474,614.74View SEC Filing  
9/20/2016Marc Laurence BrownDirectorSell1,000$68.86$68,860.00View SEC Filing  
9/14/2016John M HuntDirectorSell14,250$68.72$979,260.00View SEC Filing  
7/15/2016Donald M. SandersDirectorSell2,500$53.50$133,750.00View SEC Filing  
7/14/2016Donald M. SandersDirectorSell8,000$52.50$420,000.00View SEC Filing  
6/9/2016Marc Laurence BrownDirectorSell1,000$67.23$67,230.00View SEC Filing  
6/8/2016Steve HollisterDirectorSell1,000$65.90$65,900.00View SEC Filing  
4/15/2016Kenneth J CatchotCOOSell45,000$55.46$2,495,700.00View SEC Filing  
4/6/2016Donald M. SandersDirectorSell5,000$52.50$262,500.00View SEC Filing  
3/30/2016Dorcas H ThilleDirectorSell1,750$56.00$98,000.00View SEC Filing  
10/8/2015Harold S EdwardsDirectorSell1,500$45.44$68,160.00View SEC Filing  
7/15/2015Lecil E ColeCEOSell45,136$52.21$2,356,550.56View SEC Filing  
7/15/2015Marc Laurence BrownDirectorSell882$52.88$46,640.16View SEC Filing  
7/13/2015Lecil E ColeCEOSell41,026$52.04$2,134,993.04View SEC Filing  
7/10/2015Marc Laurence BrownDirectorSell1,000$51.85$51,850.00View SEC Filing  
7/8/2015Lecil E ColeCEOSell36,014$52.05$1,874,528.70View SEC Filing  
7/6/2015Lecil E ColeCEOSell34,408$54.02$1,858,720.16View SEC Filing  
7/1/2015Lecil E ColeCEOSell65,656$52.47$3,444,970.32View SEC Filing  
6/25/2015Lecil E ColeCEOSell11,190$54.01$604,371.90View SEC Filing  
6/23/2015Lecil E ColeCEOSell20,439$54.03$1,104,319.17View SEC Filing  
6/19/2015Lecil E ColeCEOSell44,527$54.06$2,407,129.62View SEC Filing  
6/17/2015Lecil E ColeCEOSell19,962$54.20$1,081,940.40View SEC Filing  
6/11/2015Lecil E ColeCEOSell29,242$55.06$1,610,064.52View SEC Filing  
9/19/2014Dorcas H McfarlaneDirectorSell2,500$44.00$110,000.00View SEC Filing  
9/17/2014Der Kar Scott VanDirectorBuy323$41.93$13,543.39View SEC Filing  
6/17/2014Dorcas H McfarlaneDirectorSell1,500$34.25$51,375.00View SEC Filing  
6/13/2014Lecil E ColeCEOSell49,841$34.15$1,702,070.15View SEC Filing  
6/10/2014Lecil E ColeCEOSell6,249$34.00$212,466.00View SEC Filing  
6/9/2014Lecil E ColeCEOSell65,060$34.05$2,215,293.00View SEC Filing  
6/5/2014Lecil E ColeCEOSell85,819$34.37$2,949,599.03View SEC Filing  
3/28/2014Donald SandersDirectorSell2,835$35.38$100,302.30View SEC Filing  
3/21/2014Arthur BrunoCFOSell5,000$34.63$173,150.00View SEC Filing  
4/10/2013Lecil E ColeCEOSell21,196$28.82$610,868.72View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Calavo Growers (NASDAQ:CVGW)
Latest Headlines for Calavo Growers (NASDAQ:CVGW)
DateHeadline logoCalavo Growers, Inc. (CVGW) Lifted to "Hold" at Zacks Investment Research - May 15 at 5:42 PM logoCalavo Growers, Inc. (CVGW) Sees Significant Decline in Short Interest - May 12 at 11:44 PM logoCalavo Growers, Inc. (CVGW) Expected to Announce Quarterly Sales of $256.57 Million - May 7 at 9:22 AM logo$0.66 Earnings Per Share Expected for Calavo Growers, Inc. (CVGW) This Quarter - May 5 at 7:56 AM logoCalavo Growers (CVGW) Given Daily News Sentiment Rating of 0.16 - April 29 at 9:35 PM logoETFs with exposure to Calavo Growers, Inc. : April 28, 2017 - April 28 at 5:37 PM logoPositive Press Coverage Extremely Likely to Impact Calavo Growers (CVGW) Share Price - April 26 at 8:42 AM logoCalavo Growers, Inc. (CVGW) Stock Rating Lowered by Zacks Investment Research - April 25 at 7:57 PM logoCalavo Growers (CVGW) Receiving Critical Media Coverage, AlphaOne Reports - April 23 at 9:05 AM logoCalavo Growers (CVGW) Earning Somewhat Positive Press Coverage, Analysis Shows - April 20 at 8:59 PM logoCalavo Growers (CVGW) Getting Positive Media Coverage, Study Finds - April 17 at 8:46 PM logoETFs with exposure to Calavo Growers, Inc. : April 17, 2017 - April 17 at 4:19 PM logoCalavo Growers, Inc. (CVGW) Expected to Announce Quarterly Sales of $263.81 Million - April 16 at 9:18 AM logoCalavo Growers (CVGW) Earning Somewhat Positive Press Coverage, Study Finds - April 14 at 8:47 PM logoCalavo Growers, Inc. (CVGW) Expected to Post Earnings of $0.66 Per Share - April 14 at 8:04 AM logoInsider Buying: Calavo Growers, Inc. (CVGW) Chairman Acquires 42,942 Shares of Stock - April 13 at 7:52 PM logoETFs with exposure to Calavo Growers, Inc. : April 5, 2017 - April 7 at 9:18 AM logoLecil E. Cole Buys 95,000 Shares of Calavo Growers, Inc. (CVGW) Stock - March 13 at 10:49 PM logoCalavo Growers, Inc. (CVGW) Upgraded to Hold by Zacks Investment Research - March 9 at 6:30 PM logoStock market struggles as ADP jobs report firms rate-hike expectations - March 8 at 10:25 PM logoCalavo Growers (CVGW) Presents Attractive Buying Opportunity - March 7 at 4:33 PM logoCalavo Growers, Inc. Announces Fiscal 2017 First Quarter Results - March 7 at 12:07 PM logo9:07 am Calavo Growers misses by $0.12, misses on revs; reaffirms outlook for double-digit increase in 2017 revenues and gross margin and record EPS - March 7 at 12:07 PM logoNoteworthy Monday Option Activity: EOG, CVGW, WDC - February 28 at 4:50 PM logo4 Stocks with Increasing Cash Flows for this Earnings Season - February 8 at 5:01 PM logoSpectrum Brands (SPB) Up on Q1 Earnings Beat; Sales Miss - January 30 at 5:30 PM logoSpectrum Brands (SPB) Up on Q1 Earnings Beat; Sales Miss - January 30 at 5:30 PM logoTrump, Mexico And Avocados - January 27 at 6:03 PM logoHow Calavo Growers (CVGW) Stock Stands Out in a Strong Industry - January 23 at 4:54 PM featured highlights: Calavo Growers, Avinger, Bridgeline Digital, NextEra Energy Partners and Universal Health Services - January 16 at 10:19 AM logoCalavo Growers, Inc. : CVGW-US: Dividend Analysis : November 17th, 2016 (record date) : By the numbers : January 12, 2017 - January 12 at 4:59 PM featured highlights: NVIDIA, Sucampo Pharmaceuticals, Calavo Growers, Tucows and E*TRADE Financial - January 10 at 5:31 PM logoCalavo Growers, Inc. breached its 50 day moving average in a Bearish Manner : CVGW-US : January 9, 2017 - January 9 at 4:23 PM logoPilgrim's Pride (PPC) Closes GNP Acquisition Worth $350M - January 9 at 9:27 AM logoThe Zacks Analyst Blog Highlights: Calavo Growers, Fresh Del Monte and Archer Daniels Midland - January 6 at 5:01 PM logoCalavo Growers, Inc. :CVGW-US: Earnings Analysis: Q4, 2016 By the Numbers : December 29, 2016 - December 29 at 9:59 PM logoPost Earnings Coverage as Calavo Growers Reported a Robust Q4 Results - December 29 at 4:57 PM logoCALAVO GROWERS INC Financials - December 29 at 4:57 PM logoCalavo Growers (CVGW): Strong Industry, Solid Earnings Estimate Revisions - December 28 at 12:00 PM logoCALAVO GROWERS INC Files SEC form 10-K, Annual Report - December 23 at 4:50 PM logoCALAVO GROWERS INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibi - December 21 at 5:20 PM logo5 Earnings Short-Squeeze Trade Ideas - December 21 at 3:25 AM logoNoteworthy Tuesday Option Activity: TSLA, STZ, CVGW - December 20 at 10:23 PM logoCalavo Growers (CVGW) COO to Resign for Role at FreshRealm - December 20 at 10:23 PM logoCalavo Growers Inc. (CVGW) Has Risen To A 1-Month High After Q4 Report - December 20 at 10:23 PM logo9:08 am Calavo Growers beats by $0.04, misses on revs; guides FY17 in line - December 20 at 5:20 PM logoCalavo Growers rips gain after solid earnings - December 20 at 2:31 PM logoCALAVO GROWERS INC Files SEC form 8-K, Change in Directors or Principal Officers - December 20 at 9:42 AM logoCalavo Growers, Inc. Announces Record Fiscal 2016 Fourth Quarter and Full-Year Results - December 20 at 9:42 AM logoHow To YieldBoost Calavo Growers From 1.6% To 15.9% Using Options - November 30 at 4:39 PM



Calavo Growers (CVGW) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by Staff