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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NASDAQ:CVGW

Calavo Growers Stock Forecast, Price & News

$42.02
+1.39 (+3.42%)
(As of 06/24/2022 04:00 PM ET)
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Today's Range
$40.28
$42.32
50-Day Range
$29.28
$42.02
52-Week Range
$28.76
$65.11
Volume
204,662 shs
Average Volume
120,176 shs
Market Capitalization
$745.52 million
P/E Ratio
N/A
Dividend Yield
2.83%
Price Target
$50.00
30 days | 90 days | 365 days | Advanced Chart

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CVGW Stock Forecast (MarketRank)

Overall MarketRank

2.37 out of 5 stars

Consumer Staples Sector

66th out of 187 stocks

Agricultural Services Industry

1st out of 4 stocks

Analyst Opinion: 2.5Community Rank: 4.1Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
Calavo Growers logo

About Calavo Growers (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 in three segments: Fresh Products, Calavo Foods, and Renaissance Food Group (RFG). The Fresh products segment distributes avocados and other fresh produce products comprising tomatoes and papayas; and procures avocados grown in California, Mexico, Peru, and Colombia. The Calavo Foods segment is involved in purchasing, processing, packaging, and distributing prepared avocado products, including guacamole and salsa. The RFG segment manufactures, markets, and distributes fresh-cut fruits and vegetables, fresh prepared entrée salads, wraps, sandwiches, and fresh snacking products, as well as ready-to-heat entrees, other hot bar and various deli items, meals kits and related components, and salad kits. The company offers its products under the Calavo and RFG 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!, 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 News Headlines

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Industry, Sector and Symbol

Industry
Agricultural services
Sub-Industry
Packaged Foods & Meats
Current Symbol
NASDAQ:CVGW
CUSIP
12824610
Employees
3,676
Year Founded
1924

Company Calendar

Last Earnings
6/02/2022
Today
6/24/2022
Next Earnings (Estimated)
9/14/2022
Fiscal Year End
10/31/2022

Price Target and Rating

Average Stock Price Forecast
$50.00
High Stock Price Forecast
$60.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+19.0%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
1 Analysts

Profitability

Net Income
$-11.82 million
Pretax Margin
-2.12%

Debt

Sales & Book Value

Annual Sales
$1.06 billion
Cash Flow
$1.40 per share
Book Value
$12.61 per share

Miscellaneous

Free Float
17,103,000
Market Cap
$745.52 million
Optionable
Optionable
Beta
0.79

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Calavo Growers Frequently Asked Questions

Should I buy or sell Calavo Growers stock right now?

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

What is Calavo Growers' stock price forecast for 2022?

1 brokers have issued 12-month target prices for Calavo Growers' stock. Their CVGW stock forecasts range from $40.00 to $60.00. On average, they expect Calavo Growers' share price to reach $50.00 in the next year. This suggests a possible upside of 19.0% from the stock's current price.
View analysts' price targets for Calavo Growers
or view top-rated stocks among Wall Street analysts.

How has Calavo Growers' stock price performed in 2022?

Calavo Growers' stock was trading at $42.40 at the start of the year. Since then, CVGW shares have decreased by 0.9% and is now trading at $42.02.
View the best growth stocks for 2022 here
.

When is Calavo Growers' next earnings date?

Calavo Growers is scheduled to release its next quarterly earnings announcement on Wednesday, September 14th 2022.
View our earnings forecast for Calavo Growers
.

How were Calavo Growers' earnings last quarter?

Calavo Growers, Inc. (NASDAQ:CVGW) announced its earnings results on Thursday, June, 2nd. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.11. The business earned $331.42 million during the quarter, compared to analysts' expectations of $316.85 million. Calavo Growers had a negative net margin of 2.59% and a positive trailing twelve-month return on equity of 0.41%. The business's revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.43 EPS.
View Calavo Growers' earnings history
.

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

Calavo Growers declared an annual dividend on Friday, October 29th. Shareholders of record on Friday, November 12th will be paid a dividend of $1.15 per share on Friday, December 3rd. This represents a yield of 2.73%. The ex-dividend date of this dividend is Wednesday, November 10th.
View Calavo Growers' dividend history
.

Is Calavo Growers a good dividend stock?

Calavo Growers(NASDAQ:CVGW) pays an annual dividend of $1.15 per share and currently has a dividend yield of 2.83%.
View Calavo Growers' dividend history.

Who are Calavo Growers' key executives?

Calavo Growers' management team includes the following people:
  • Mr. Robert J. Wedin, Sr. VP & GM of Calavo Grown (Age 72, Pay $523.68k) (LinkedIn Profile)
  • Mr. Ronald Anthony Araiza, Sr. VP & GM of Calavo Prepared (Age 62, Pay $441.66k)
  • Mr. Brian W. Kocher, Pres, Interim CFO & CEO (Age 53)
  • Eloy Hintz, VP of Jalisco Operations
  • Thomas Federl, VP of Communications, Marketing & ESG
  • Patricia D. Vorhies, Director of HR
  • Ms. Graciela Montgomery, Chief HR Officer
  • Ms. Lisa Mueller, Sr. VP
  • Mr. Scott H. Runge, Treasurer

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

7 employees have rated Calavo Growers CEO Lee Cole on Glassdoor.com. Lee Cole has an approval rating of 100% among Calavo Growers' 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 a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.54%), Vanguard Group Inc. (8.16%), Nuance Investments LLC (6.28%), State Street Corp (3.55%), Clearbridge Investments LLC (3.50%) and Dimensional Fund Advisors LP (2.77%). Company insiders that own Calavo Growers stock include Bruce John Lindeman, Der Kar Scott Van, Donald M Sanders, Harold S Edwards, James E Gibson, Lecil E Cole, Marc Laurence Brown, Michael Anthony Digregorio, Robert J Wedin, Ronald Anthony Araiza and Steve Hollister.
View institutional ownership trends for Calavo Growers
.

Which institutional investors are selling Calavo Growers stock?

CVGW stock was sold by a variety of institutional investors in the last quarter, including Davy Global Fund Management Ltd, Ceredex Value Advisors LLC, Renaissance Technologies LLC, Goldman Sachs Group Inc., PEAK6 Investments LLC, BNP Paribas Arbitrage SA, Jane Street Group LLC, and JPMorgan Chase & Co.. Company insiders that have sold Calavo Growers company stock in the last two years include Donald M Sanders, Michael Anthony Digregorio, and Robert J Wedin.
View insider buying and selling activity for Calavo Growers
or view top insider-selling stocks.

Which institutional investors are buying Calavo Growers stock?

CVGW stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Wellington Management Group LLP, Meros Investment Management LP, Charles Schwab Investment Management Inc., Invesco Ltd., Dimensional Fund Advisors LP, Simplex Trading LLC, and Assenagon Asset Management S.A..
View insider buying and selling activity for Calavo Growers
or or view top insider-buying stocks.

How do I buy shares of Calavo Growers?

Shares of CVGW 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 $42.02.

How much money does Calavo Growers make?

Calavo Growers (NASDAQ:CVGW) has a market capitalization of $745.52 million and generates $1.06 billion in revenue each year. The company earns $-11.82 million in net income (profit) each year or ($1.710010) on an earnings per share basis.

How many employees does Calavo Growers have?

Calavo Growers employs 3,676 workers across the globe.

When was Calavo Growers founded?

Calavo Growers was founded in 1924.

How can I contact Calavo Growers?

Calavo Growers' mailing address is 1141-A Cummings Road, SANTA PAULA CA, 93060. The official website for Calavo Growers is www.calavo.com. The company can be reached via phone at (805) 525-1245, via email at [email protected], or via fax at 805-921-3219.

This page (NASDAQ:CVGW) was last updated on 6/25/2022 by MarketBeat.com Staff

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