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

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$78.70 +1.13 (+1.46 %)
(As of 01/15/2019 04:00 PM ET)
Previous Close$77.57
Today's Range$77.00 - $78.8750
52-Week Range$67.52 - $108.00
Volume117,131 shs
Average Volume219,265 shs
Market Capitalization$1.37 billion
P/E Ratio31.61
Dividend Yield1.28%
Beta0.87
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

Current Ratio1.30
Quick Ratio0.94

Price-To-Earnings

Sales & Book Value

Annual Sales$1.09 billion
Price / Sales1.27
Cash Flow$3.2507 per share
Price / Cash Flow24.21
Book Value$15.08 per share
Price / Book5.22

Profitability

Net Income$32.28 million
Net Margins2.96%
Return on Assets11.87%

Miscellaneous

Employees2,979
Market Cap$1.37 billion
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 declared an annual dividend on Wednesday, October 3rd. Stockholders of record on Friday, November 16th will be given a dividend of $1.00 per share on Friday, December 7th. This represents a dividend yield of 1%. The ex-dividend date of this dividend is Thursday, November 15th. This is a boost 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, December, 20th. The company reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.70 by $0.78. The company had revenue of $280 million for the quarter, compared to analysts' expectations of $275.82 million. Calavo Growers had a net margin of 2.96% and a return on equity of 16.36%. The business's quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the business earned $0.59 earnings per share. 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, March 6th 2019. View Earnings Estimates for Calavo Growers.

What price target have analysts set for CVGW?

4 brokers have issued 1-year target prices for Calavo Growers' shares. Their forecasts range from $88.00 to $98.00. On average, they expect Calavo Growers' stock price to reach $93.3333 in the next twelve months. This suggests a possible upside of 18.6% 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?

Media headlines about CVGW stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Calavo Growers earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.

Who are some of Calavo Growers' key competitors?

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 Gibson, Pres of RFG (Age 57)
  • Mr. Michael A. Browne, VP of Fresh Operations (Age 60)

Who are Calavo Growers' major shareholders?

Calavo Growers' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Riverbridge Partners LLC (2.33%), Lenox Wealth Advisors LLC (0.03%) and Louisiana State Employees Retirement System (0.03%). 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 and Robert J Wedin. 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 Riverbridge Partners LLC and Louisiana State Employees Retirement System. 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 and Robert J Wedin. View Insider Buying and Selling for Calavo Growers.

Which institutional investors are buying Calavo Growers stock?

CVGW stock was acquired by a variety of institutional investors in the last quarter, including Lenox Wealth Advisors LLC. Company insiders that have bought Calavo Growers stock in the last two years include Kathleen M Holmgren, Lecil E Cole and Michael A Browne. 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 $78.70.

How big of a company is Calavo Growers?

Calavo Growers has a market capitalization of $1.37 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:  224 (Vote Outperform)
Underperform Votes:  230 (Vote Underperform)
Total Votes:  454
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 1/15/2019 by MarketBeat.com Staff

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