Calavo Growers (CVGW) Stock Forecast, Price & News

2 Wall Street 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 research analysts is that investors should "moderate buy" CVGW shares.
View CVGW analyst ratings or view top-rated stocks.

2 analysts have issued twelve-month price targets for Calavo Growers' shares. Their CVGW share price forecasts range from $35.00 to $45.00. On average, they anticipate the company's stock price to reach $40.00 in the next year. This suggests a possible upside of 57.0% from the stock's current price.
View analysts price targets for CVGW or view top-rated stocks among Wall Street analysts.

Calavo Growers' stock was trading at $29.40 at the start of the year. Since then, CVGW shares have decreased by 13.4% and is now trading at $25.47.
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Calavo Growers saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 607,400 shares, a drop of 10.7% from the August 31st total of 679,900 shares. Based on an average trading volume of 163,200 shares, the days-to-cover ratio is currently 3.7 days. Approximately 3.7% of the shares of the stock are sold short.
View Calavo Growers' Short Interest.

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

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

Calavo Growers announced a quarterly dividend on Friday, September 1st. Investors of record on Wednesday, September 27th will be paid 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 1.57%. The ex-dividend date is Tuesday, September 26th.
Read our dividend analysis for CVGW.

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) and ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL).IQ Chaikin U.S. Small Cap ETF (CSML).

Calavo Growers (NASDAQ:CVGW) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.54%.
Read our dividend analysis for CVGW.

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.

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).

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

Calavo Growers' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (15.72%), State Street Corp (3.62%), Clearbridge Investments LLC (3.60%), Dimensional Fund Advisors LP (3.23%), Kennedy Capital Management LLC (2.65%) and Geode Capital Management LLC (1.97%). 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.

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.
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One share of CVGW stock can currently be purchased for approximately $25.47.

Calavo Growers (NASDAQ:CVGW) has a market capitalization of $452.35 million and generates $1.19 billion in revenue each year. The company earns $-6,250,000.00 in net income (profit) each year or ($0.22) on an earnings per share basis.

The company employs 3,266 workers across the globe.

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.