Calavo Growers (CVGW) Stock Forecast, Price & News

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.

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.

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.

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.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 6th 2023.
View our CVGW earnings forecast.

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.

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.

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

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.

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 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.

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 $33.02.

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.

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.