S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
NASDAQ:CVGW

Calavo Growers (CVGW) Stock Price, News & Analysis

$28.86
+0.40 (+1.41%)
(As of 02/29/2024 ET)
Today's Range
$28.45
$29.40
50-Day Range
$24.50
$29.79
52-Week Range
$21.42
$38.97
Volume
140,385 shs
Average Volume
178,719 shs
Market Capitalization
$513.71 million
P/E Ratio
N/A
Dividend Yield
1.39%
Price Target
$38.50

Calavo Growers MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
33.4% Upside
$38.50 Price Target
Short Interest
Bearish
6.18% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.27mentions of Calavo Growers in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
19.51%
From $1.23 to $1.47 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.85 out of 5 stars

Consumer Staples Sector

81st out of 139 stocks

Agricultural Services Industry

2nd out of 3 stocks


CVGW stock logo

About Calavo Growers Stock (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 through Grown and Prepared segments. The Grown segment distributes tomatoes and papayas; and procures avocados grown in California, Mexico, Peru, and Colombia. The Prepared segment is involved in the distribution of prepared avocado products, salsa, fresh-cut fruit and vegetables, fresh prepared entrees salads, wraps, sandwiches, parfaits, and fresh snacking products, as well as ready-to-heat entrees, other hot bars and various deli items, meals kit components, and salad kits. It offers its products under the Calavo brands and related logos; and Avo Fresco, Bueno, Avo Fresco, Bueno, Calavo Gold, Celebrate the Taste, El Dorado, Taste of Paradise, The First Name in Avocados, The Family of Fresh, ProRipeVIP, RIPE NOW!, Renaissance Food Group, 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 Price History

CVGW Stock News Headlines

Calavo Growers to Report First Quarter Financial Results
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
CVGW Mar 2024 30.000 call
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Why Calavo Growers Stock Was Falling Today
CVGW Feb 2024 35.000 call
Why Calavo Growers (CVGW) Stock Is Trading Lower Today
Why Calavo Growers Stock Dropped Today
Calavo Growers declares $0.10 dividend
See More Headlines
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Company Calendar

Ex-Dividend for 1/31 Dividend
1/25/2024
Last Earnings
1/31/2024
Dividend Payable
1/31/2024
Today
2/29/2024
Next Earnings (Estimated)
3/04/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Industry
Agricultural services
Sub-Industry
Packaged Foods & Meats
Current Symbol
NASDAQ:CVGW
CUSIP
12824610
Employees
3,064
Year Founded
1924

Price Target and Rating

Average Stock Price Target
$38.50
High Stock Price Target
$45.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+33.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-8,340,000.00
Pretax Margin
-0.12%

Debt

Sales & Book Value

Annual Sales
$971.95 million
Cash Flow
$0.97 per share
Book Value
$11.84 per share

Miscellaneous

Free Float
17,176,000
Market Cap
$513.71 million
Optionable
Optionable
Beta
0.64

Social Links

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Key Executives

  • Mr. Shawn C. Munsell (Age 49)
    Chief Financial Officer
    Comp: $444.87k
  • Mr. Ronald Anthony Araiza (Age 63)
    Executive Vice President of Calavo Foods Division
    Comp: $509.29k
  • Mr. Lecil E. Cole (Age 84)
    CEO & President
    Comp: $21.83k
  • Mr. Michael A. Browne (Age 65)
    Executive Vice President of Sales & Operations
    Comp: $547.86k
  • Ms. Lisa Mueller
    Senior Vice President
  • Mr. Paul Alan Harrison
    Executive Vice President
  • Mr. Scott H. Runge
    Treasurer














CVGW Stock Analysis - Frequently Asked Questions

Should I buy or sell Calavo Growers stock right now?

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

What is Calavo Growers' stock price target for 2024?

2 Wall Street analysts have issued 1-year price targets for Calavo Growers' shares. Their CVGW share price targets range from $32.00 to $45.00. On average, they expect the company's share price to reach $38.50 in the next twelve months. This suggests a possible upside of 33.4% 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 2024?

Calavo Growers' stock was trading at $29.41 at the start of the year. Since then, CVGW stock has decreased by 1.9% and is now trading at $28.86.
View the best growth stocks for 2024 here
.

Are investors shorting Calavo Growers?

Calavo Growers saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 1,030,000 shares, an increase of 17.2% from the January 31st total of 878,600 shares. Based on an average daily volume of 176,200 shares, the days-to-cover ratio is presently 5.8 days. Approximately 6.2% of the shares of the company are sold short.
View Calavo Growers' Short Interest
.

When is Calavo Growers' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 4th 2024.
View our CVGW earnings forecast
.

How were Calavo Growers' earnings last quarter?

Calavo Growers, Inc. (NASDAQ:CVGW) announced its quarterly earnings results on Wednesday, January, 31st. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by $0.61. The firm earned $241.18 million during the quarter, compared to the consensus estimate of $280 million. Calavo Growers had a negative trailing twelve-month return on equity of 0.09% and a negative net margin of 0.86%.

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

Calavo Growers declared a quarterly dividend on Tuesday, January 16th. Stockholders of record on Friday, January 26th will be given a dividend of $0.10 per share on Wednesday, January 31st. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date is Thursday, January 25th.
Read our dividend analysis for CVGW
.

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 1.40%.
Read our dividend analysis for CVGW.

What ETFs hold Calavo Growers' stock?
What guidance has Calavo Growers issued on next quarter's earnings?

Calavo Growers updated its FY 2023 earnings guidance on Thursday, January, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $972.0 million-$972.0 million, compared to the consensus revenue estimate of $1.0 billion.

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).

Who are Calavo Growers' major shareholders?

Calavo Growers' stock is owned by many different retail and institutional investors. Top institutional investors include Nuance Investments LLC (8.50%), Vanguard Group Inc. (7.76%), Dimensional Fund Advisors LP (3.87%), Clearbridge Investments LLC (3.57%), Charles Schwab Investment Management Inc. (1.96%) and Kent Lake Capital LLC (1.69%). 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
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CVGW) was last updated on 3/1/2024 by MarketBeat.com Staff