NASDAQ:CVGW - Calavo Growers Stock Price, News, & Analysis

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$81.60 -1.67 (-2.01 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$83.27
Today's Range$81.26 - $83.64
52-Week Range$67.52 - $108.00
Volume125,100 shs
Average Volume171,536 shs
Market Capitalization$1.44 billion
P/E Ratio32.77
Dividend Yield1.20%
Beta0.94
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. It operates in three segments: Fresh Products, Calavo Foods, and RFG. The Fresh products segment distributes avocados and other fresh produce products; and procures avocados grown in California, Mexico, and Peru, as well as various other commodities, including tomatoes and papayas. The Calavo Foods segment is involved in purchasing, manufacturing, and distributing prepared products, including guacamole and salsa. The RFG segment manufactures 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, 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.

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Industry, Sector and Symbol

Industry Agricultural services
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
Current SymbolNASDAQ:CVGW
CUSIP12824610
Phone805-525-1245

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.09 billion
Cash Flow$3.2381 per share
Book Value$15.37 per share

Profitability

Net Income$32.28 million

Miscellaneous

Employees2,979
Market Cap$1.44 billion
Next Earnings Date6/5/2019 (Estimated)
OptionableOptionable

Calavo Growers (NASDAQ:CVGW) Frequently Asked Questions

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 announced an annual dividend on Wednesday, October 3rd. Shareholders of record on Friday, November 16th will be paid a dividend of $1.00 per share on Friday, December 7th. This represents a yield of 1%. The ex-dividend date is Thursday, November 15th. This is a positive change from Calavo Growers's previous annual dividend of $0.95. View Calavo Growers' Dividend History.

How were Calavo Growers' earnings last quarter?

Calavo Growers, Inc. (NASDAQ:CVGW) released its earnings results on Thursday, March, 7th. The company reported $0.74 EPS for the quarter, beating the Zacks' consensus estimate of $0.50 by $0.24. The firm earned $258 million during the quarter, compared to the consensus estimate of $257.86 million. Calavo Growers had a return on equity of 17.32% and a net margin of 2.70%. The firm's revenue was up 4.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.54 EPS. View Calavo Growers' Earnings History.

When is Calavo Growers' next earnings date?

Calavo Growers is scheduled to release their next quarterly earnings announcement on Wednesday, June 5th 2019. View Earnings Estimates for Calavo Growers.

What price target have analysts set for CVGW?

4 equities research analysts have issued 1-year price objectives for Calavo Growers' stock. Their predictions range from $88.00 to $98.00. On average, they anticipate Calavo Growers' stock price to reach $93.3333 in the next year. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets for Calavo Growers.

What is the consensus analysts' recommendation for Calavo Growers?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calavo Growers in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Calavo Growers.

Has Calavo Growers been receiving favorable news coverage?

News articles about CVGW stock have been trending neutral recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Calavo Growers earned a daily sentiment score of 0.5 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the company's share price in the near term.

Who are some of Calavo Growers' key competitors?

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), NVIDIA (NVDA), Canopy Growth (CGC), Alibaba Group (BABA), Tesla (TSLA), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Intel (INTC) and Caterpillar (CAT).

Who are Calavo Growers' key executives?

Calavo Growers' management team includes the folowing people:
  • Mr. Lecil E. Cole, Chairman, Pres & CEO (Age 79)
  • Mr. B. John Lindeman, CFO & Corp. Sec. (Age 49)
  • Mr. Robert J. Wedin, VP of Sales & Fresh Marketing (Age 69)
  • Mr. James E. Snyder, Corp. Controller (Age 48)
  • Mr. Scott H. Runge, Treasurer

Who are Calavo Growers' major shareholders?

Calavo Growers' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.87%), Dimensional Fund Advisors LP (3.80%), Ranger Investment Management L.P. (2.39%), Riverbridge Partners LLC (2.33%), Bank of New York Mellon Corp (2.25%) and Lord Abbett & CO. LLC (2.16%). Company insiders that own Calavo Growers stock include Der Kar Scott Van, J Link Leavens, James E Gibson, James E Snyder, John M Hunt, Kathleen M Holmgren, Lecil E Cole, Marc Laurence Brown, Michael A Browne, Michael Anthony Digregorio and Robert J Wedin. View Institutional Ownership Trends for Calavo Growers.

Which major investors are selling Calavo Growers stock?

CVGW stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Bank of New York Mellon Corp, Ranger Investment Management L.P., State of New Jersey Common Pension Fund D, Riverbridge Partners LLC, Stephens Inc. AR, First Trust Advisors LP and Victory Capital Management Inc.. Company insiders that have sold Calavo Growers company stock in the last year include Der Kar Scott Van, J Link Leavens, James E Snyder, John M Hunt, Lecil E Cole, Marc Laurence Brown, Michael A Browne, Michael Anthony Digregorio and Robert J Wedin. View Insider Buying and Selling for Calavo Growers.

Which major investors are buying Calavo Growers stock?

CVGW stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Lord Abbett & CO. LLC, Copeland Capital Management LLC, BlackRock Inc., Nordea Investment Management AB, Martingale Asset Management L P, Bank of America Corp DE and Bessemer Group Inc.. Company insiders that have bought Calavo Growers stock in the last two years include Kathleen M Holmgren and Lecil E Cole. View Insider Buying and Selling for Calavo Growers.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Calavo Growers' stock price today?

One share of CVGW stock can currently be purchased for approximately $81.60.

How big of a company is Calavo Growers?

Calavo Growers has a market capitalization of $1.44 billion and generates $1.09 billion in revenue each year. The company earns $32.28 million in net income (profit) each year or $2.49 on an earnings per share basis. Calavo Growers employs 2,979 workers across the globe.

What is Calavo Growers' official website?

The official website for Calavo Growers is http://www.calavo.com.

How can I contact Calavo Growers?

Calavo Growers' mailing address is 1141-A Cummings Road, SANTA PAULA CA, 93060. The company can be reached via phone at 805-525-1245 or via email at [email protected]


MarketBeat Community Rating for Calavo Growers (NASDAQ CVGW)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  228 (Vote Outperform)
Underperform Votes:  237 (Vote Underperform)
Total Votes:  465
MarketBeat's community ratings are surveys of what our community members think about Calavo Growers and other stocks. Vote "Outperform" if you believe CVGW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CVGW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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