Calavo Growers Company Profile (NASDAQ:CVGW)

About Calavo Growers (NASDAQ:CVGW)

Calavo Growers logoCalavo Growers, Inc. operates in the avocado industry. The Company provides value-added fresh food. The Company distributes its products both domestically and internationally and internationally. It operates in three business segments: Fresh products, Calavo Foods and Renaissance Food Group, LLC (RFG). The Company is engaged in marketing and distributing avocados, prepared avocados and other perishable foods, which allows it to deliver an array of fresh and prepared food products to food distributors, produce wholesalers, supermarkets, convenience stores and restaurants on a worldwide basis. The Company procures avocados principally from California and Mexico. Through its various operating facilities, the Company sorts, packs, and/or ripens avocados, tomatoes and/or Hawaiian grown papayas; processes and packages fresh cut fruit and vegetables, salads, wraps, sandwiches, fresh snacking products and a range of behind-the-glass deli items, and produces and packages guacamole and salsa.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Fishing & Farming Wholesale
  • Sub-Industry: Packaged Foods & Meats
  • Symbol: NASDAQ:CVGW
  • CUSIP: 12824610
  • Web: www.calavo.com
Capitalization:
  • Market Cap: $1.24 billion
  • Outstanding Shares: 17,533,000
Average Prices:
  • 50 Day Moving Avg: $70.99
  • 200 Day Moving Avg: $69.44
  • 52 Week Range: $48.75 - $76.85
P/E:
  • Trailing P/E Ratio: 34.15
  • Foreward P/E Ratio: 24.98
  • P/E Growth: 1.64
Sales & Book Value:
  • Annual Revenue: $1.05 billion
  • Price / Sales: 1.18
  • Book Value: $14.13 per share
  • Price / Book: 5.00
Dividend:
  • Annual Dividend: $0.90
  • Dividend Yield: 1.4%
Profitability:
  • EBITDA: $68.09 million
  • Net Margins: 3.46%
  • Return on Equity: 16.07%
  • Return on Assets: 10.30%
Debt:
  • Current Ratio: 1.06%
  • Quick Ratio: 0.80%
Misc:
  • Average Volume: 127,175 shs.
  • Beta: 0.7
  • Short Ratio: 48.56
 

Frequently Asked Questions for Calavo Growers (NASDAQ:CVGW)

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 declared an annual dividend on Thursday, October 5th. Investors of record on Friday, November 17th will be paid a dividend of $0.95 per share on Friday, December 8th. This represents a yield of 1.29%. The ex-dividend date of this dividend is Thursday, November 16th. This is a positive change from Calavo Growers's previous annual dividend of $0.90. View Calavo Growers' Dividend History.

How were Calavo Growers' earnings last quarter?

Calavo Growers, Inc. (NASDAQ:CVGW) released its earnings results on Wednesday, September, 6th. The company reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. The company had revenue of $301.65 million for the quarter, compared to analyst estimates of $278.66 million. Calavo Growers had a return on equity of 16.07% and a net margin of 3.46%. The firm's quarterly revenue was up 14.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.73 earnings per share. View Calavo Growers' Earnings History.

When will Calavo Growers make its next earnings announcement?

Calavo Growers is scheduled to release their next quarterly earnings announcement on Monday, December, 18th 2017. View Earnings Estimates for Calavo Growers.

Where is Calavo Growers' stock going? Where will Calavo Growers' stock price be in 2017?

4 brokerages have issued 1 year price targets for Calavo Growers' stock. Their predictions range from $75.00 to $85.00. On average, they anticipate Calavo Growers' share price to reach $79.50 in the next year. View Analyst Ratings for Calavo Growers.

Who are some of Calavo Growers' key competitors?

Who are Calavo Growers' key executives?

Calavo Growers' management team includes the folowing people:

  • Lecil E. Cole, Chairman of the Board, President, Chief Executive Officer
  • B. John Lindeman, Chief Financial Officer, Secretary
  • Michael A. Browne, Vice President - Fresh Operations
  • Robert J. Wedin, Vice President - Sales and Fresh Marketing
  • Ron Araiza, Vice President - Foods Division Sales and Operations
  • Marc Laurence Brown, Independent Director
  • Egidio Carbone Jr., Independent Director
  • Michael A. DiGregorio, Independent Director
  • Harold S. Edwards, Independent Director
  • James D. Helin, Independent Director

How do I buy Calavo Growers stock?

Shares of Calavo Growers can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Calavo Growers' stock price today?

One share of Calavo Growers stock can currently be purchased for approximately $70.70.


MarketBeat Community Rating for Calavo Growers (NASDAQ CVGW)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  150 (Vote Outperform)
Underperform Votes:  137 (Vote Underperform)
Total Votes:  287
MarketBeat's community ratings are surveys of what our community members think about Calavo Growers and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Calavo Growers (NASDAQ:CVGW) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 4 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $79.50 (12.45% upside)
Consensus Price Target History for Calavo Growers (NASDAQ:CVGW)
Price Target History for Calavo Growers (NASDAQ:CVGW)
Analysts' Ratings History for Calavo Growers (NASDAQ:CVGW)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/18/2017Buckingham ResearchLower Price TargetBuy$83.00 -> $82.00HighView Rating Details
6/9/2017StephensReiterated RatingOverweight$75.00 -> $85.00HighView Rating Details
12/23/2016DA DavidsonReiterated RatingBuy$70.00 -> $75.00N/AView Rating Details
12/21/2016Lake Street CapitalBoost Price TargetBuy$71.00 -> $76.00N/AView Rating Details
6/22/2016WunderlichInitiated CoverageBuy$75.00N/AView Rating Details
12/30/2015BB&T CorporationBoost Price TargetBuy$60.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Calavo Growers (NASDAQ:CVGW)
Earnings by Quarter for Calavo Growers (NASDAQ:CVGW)
Earnings History by Quarter for Calavo Growers (NASDAQ CVGW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/18/2017$0.50N/AView Earnings Details
9/6/2017Q3 2017$0.50$0.50$278.66 million$301.65 millionViewN/AView Earnings Details
6/6/2017Q2 2017$0.66$0.74$259.79 million$270.20 millionViewN/AView Earnings Details
3/7/2017Q1 2017$0.44$0.34$240.27 million$226.60 millionViewN/AView Earnings Details
12/20/2016Q4 2016$0.49$0.53$256.91 million$247.70 millionViewN/AView Earnings Details
9/7/2016Q3$0.61$0.73$243.80 million$263.15 millionViewN/AView Earnings Details
6/6/2016Q2$0.49$0.56$242.33 million$220.30 millionViewN/AView Earnings Details
3/8/2016Q1$0.35$0.37$212.72 million$204.60 millionViewN/AView Earnings Details
12/29/2015Q415$0.45$0.28$212.92 million$207.99 millionViewN/AView Earnings Details
9/3/2015Q315$0.60$0.54$259.41 million$232.45 millionViewN/AView Earnings Details
6/2/2015Q215$0.48$0.49$229.12 million$221.59 millionViewN/AView Earnings Details
3/6/2015Q115$0.34$0.31$188.48 million$194.79 millionViewN/AView Earnings Details
1/15/2015Q414$0.45$0.38$205.77 million$200.75 millionViewN/AView Earnings Details
9/9/2014Q313$0.46$0.53$223.97 million$218.70 millionViewN/AView Earnings Details
6/2/2014Q1 14$0.36$0.43$198.83 million$194.90 millionViewN/AView Earnings Details
3/5/2014Q1$0.27$0.25$166.90 million$168.20 millionViewN/AView Earnings Details
1/6/2014Q4$0.38$0.42$179.57 million$190.70 millionViewN/AView Earnings Details
9/5/2013Q3 2013$0.39$0.48$189.17 million$194.30 millionViewN/AView Earnings Details
6/5/2013Q2 2013$0.38$0.15$162.07 million$166.30 millionViewN/AView Earnings Details
3/5/2013Q1 2013$0.26$0.24$126.68 million$139.50 millionViewN/AView Earnings Details
1/3/2013Q4 2012$0.42$0.42$157.38 million$141.55 millionViewN/AView Earnings Details
9/5/2012Q212$0.53$0.38$172.12 million$153.18 millionViewN/AView Earnings Details
6/4/2012$0.44$0.30ViewN/AView Earnings Details
3/5/2012$0.24$0.18ViewN/AView Earnings Details
1/5/2012$0.20$0.25ViewN/AView Earnings Details
9/7/2011$0.22$0.18ViewN/AView Earnings Details
6/6/2011$0.30$0.16ViewN/AView Earnings Details
3/2/2011$0.26$0.16ViewN/AView Earnings Details
1/3/2011$0.27$0.32ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Calavo Growers (NASDAQ:CVGW)
2017 EPS Consensus Estimate: $2.52
2018 EPS Consensus Estimate: $3.00
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.42$0.54$0.48
Q2 20172$0.63$0.70$0.67
Q3 20172$0.67$0.81$0.74
Q4 20172$0.61$0.65$0.63
Q1 20181$0.63$0.63$0.63
Q2 20181$0.83$0.83$0.83
Q3 20181$0.81$0.81$0.81
Q4 20181$0.73$0.73$0.73
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Calavo Growers (NASDAQ:CVGW)
Next Dividend:12/8/2017
Annual Dividend:$0.90
Dividend Yield:1.27%
Payout Ratio:43.48% (Trailing 12 Months of Earnings)
43.69% (Based on This Year's Estimates)
31.80% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Calavo Growers (NASDAQ:CVGW)

Dividend History by Quarter for Calavo Growers (NASDAQ CVGW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/5/2017annual$0.951.29%11/16/201711/17/201712/8/2017
9/28/2016annual$0.901.36%11/15/201611/17/201612/8/2016
11/3/2015annual$0.801.54%11/13/201511/17/201512/8/2015
10/1/2014annual$0.751.72%11/13/201411/17/201412/8/2014
10/29/2013annual$0.702.29%11/26/201311/29/201312/12/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Calavo Growers (NASDAQ:CVGW)
Insider Ownership Percentage: 9.90%
Institutional Ownership Percentage: 86.93%
Insider Trades by Quarter for Calavo Growers (NASDAQ:CVGW)
Institutional Ownership by Quarter for Calavo Growers (NASDAQ:CVGW)
Insider Trades by Quarter for Calavo Growers (NASDAQ:CVGW)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/6/2017Kathleen M HolmgrenDirectorBuy1,000$68.00$68,000.00View SEC Filing  
6/14/2017Marc Laurence BrownDirectorSell750$75.10$56,325.00View SEC Filing  
4/11/2017Lecil E ColeChairmanBuy42,942$61.78$2,652,956.76View SEC Filing  
3/13/2017Lecil E ColeChairmanBuy95,000$56.42$5,359,900.00View SEC Filing  
3/9/2017Michael A BrowneVPBuy2,000$55.50$111,000.00View SEC Filing  
9/20/2016Kenneth J CatchotInsiderSell35,647$69.42$2,474,614.74View SEC Filing  
9/20/2016Marc Laurence BrownDirectorSell1,000$68.86$68,860.00View SEC Filing  
9/14/2016John M HuntDirectorSell14,250$68.72$979,260.00View SEC Filing  
7/15/2016Donald M. SandersDirectorSell2,500$53.50$133,750.00View SEC Filing  
7/14/2016Donald M. SandersDirectorSell8,000$52.50$420,000.00View SEC Filing  
6/9/2016Marc Laurence BrownDirectorSell1,000$67.23$67,230.00View SEC Filing  
6/8/2016Steve HollisterDirectorSell1,000$65.90$65,900.00View SEC Filing  
4/15/2016Kenneth J CatchotCOOSell45,000$55.46$2,495,700.00View SEC Filing  
4/6/2016Donald M. SandersDirectorSell5,000$52.50$262,500.00View SEC Filing  
3/30/2016Dorcas H ThilleDirectorSell1,750$56.00$98,000.00View SEC Filing  
10/8/2015Harold S EdwardsDirectorSell1,500$45.44$68,160.00View SEC Filing  
7/15/2015Lecil E ColeCEOSell45,136$52.21$2,356,550.56View SEC Filing  
7/15/2015Marc Laurence BrownDirectorSell882$52.88$46,640.16View SEC Filing  
7/13/2015Lecil E ColeCEOSell41,026$52.04$2,134,993.04View SEC Filing  
7/10/2015Marc Laurence BrownDirectorSell1,000$51.85$51,850.00View SEC Filing  
7/8/2015Lecil E ColeCEOSell36,014$52.05$1,874,528.70View SEC Filing  
7/6/2015Lecil E ColeCEOSell34,408$54.02$1,858,720.16View SEC Filing  
7/1/2015Lecil E ColeCEOSell65,656$52.47$3,444,970.32View SEC Filing  
6/25/2015Lecil E ColeCEOSell11,190$54.01$604,371.90View SEC Filing  
6/23/2015Lecil E ColeCEOSell20,439$54.03$1,104,319.17View SEC Filing  
6/19/2015Lecil E ColeCEOSell44,527$54.06$2,407,129.62View SEC Filing  
6/17/2015Lecil E ColeCEOSell19,962$54.20$1,081,940.40View SEC Filing  
6/11/2015Lecil E ColeCEOSell29,242$55.06$1,610,064.52View SEC Filing  
9/19/2014Dorcas H McfarlaneDirectorSell2,500$44.00$110,000.00View SEC Filing  
9/17/2014Der Kar Scott VanDirectorBuy323$41.93$13,543.39View SEC Filing  
6/17/2014Dorcas H McfarlaneDirectorSell1,500$34.25$51,375.00View SEC Filing  
6/13/2014Lecil E ColeCEOSell49,841$34.15$1,702,070.15View SEC Filing  
6/10/2014Lecil E ColeCEOSell6,249$34.00$212,466.00View SEC Filing  
6/9/2014Lecil E ColeCEOSell65,060$34.05$2,215,293.00View SEC Filing  
6/5/2014Lecil E ColeCEOSell85,819$34.37$2,949,599.03View SEC Filing  
3/28/2014Donald SandersDirectorSell2,835$35.38$100,302.30View SEC Filing  
3/21/2014Arthur BrunoCFOSell5,000$34.63$173,150.00View SEC Filing  
4/10/2013Lecil E ColeCEOSell21,196$28.82$610,868.72View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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Calavo Growers (CVGW) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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