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 twelve months. 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 analysts have issued 1-year price targets for Calavo Growers' shares. Their CVGW share price forecasts range from $35.00 to $38.00. On average, they predict the company's stock price to reach $36.50 in the next twelve months. This suggests a possible upside of 36.6% 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 decreased by 9.1% and is now trading at $26.73.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, June 1st 2023.
View our CVGW earnings forecast.

Calavo Growers, Inc. (NASDAQ:CVGW) announced its earnings results on Monday, March, 6th. The company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by $0.32. The business earned $226.20 million during the quarter, compared to analyst estimates of $265.86 million. Calavo Growers had a positive trailing twelve-month return on equity of 3.52% and a negative net margin of 0.46%. The business's revenue was down 17.5% on a year-over-year basis. During the same quarter last year, the firm earned ($0.02) earnings per share.

Calavo Growers announced a quarterly dividend on Tuesday, March 14th. Shareholders 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 1.50%. The ex-dividend date of this dividend 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), Global X Health & Wellness ETF (BFIT), Vanguard Consumer Staples ETF (VDC).Fidelity MSCI Consumer Staples Index ETF (FSTA),

Calavo Growers (NASDAQ:CVGW) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.61%.
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 a number of institutional and retail investors. Top institutional investors include Nuance Investments LLC (7.23%), Clearbridge Investments LLC (3.56%), Dimensional Fund Advisors LP (2.71%), Renaissance Technologies LLC (2.12%), Geode Capital Management LLC (1.82%) and Charles Schwab Investment Management Inc. (1.75%). Insiders that own company stock include Donald M Sanders, Harold S Edwards, James D Helin, Lecil E Cole, Marc Laurence Brown, 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 $26.73.

Calavo Growers (NASDAQ:CVGW) has a market capitalization of $474.19 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.