NASDAQ:CVGW

Calavo Growers Stock Forecast, Price & News

$40.77
+4.17 (+11.39 %)
(As of 09/17/2021 04:00 PM ET)
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Today's Range
$37.15
$40.90
50-Day Range
$34.86
$60.57
52-Week Range
$33.25
$85.40
Volume1.61 million shs
Average Volume139,222 shs
Market Capitalization$720.94 million
P/E Ratio99.44
Dividend Yield3.14%
Beta0.84
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Calavo Growers logo

About Calavo Growers

Calavo Growers, Inc. engages in marketing and distribution of avocados, prepared avocados, and other perishable foods. It operates through the following segments: Fresh Products, Calavo Foods, and Renaissance Food Group. The Fresh Products segment includes operations that involve the distribution of avocados and other fresh produce products. The Calavo Foods segment procures and processes avocados into wide variety of guacamole products; and distributes the processed products to the customers. The Renaissance Food Group segment produces, markets, and distributes nationally a portfolio of healthy fresh packaged food products for consumers via the retail channel. Calavo Growers was founded in 1924 and is headquartered in Santa Paula, CA.

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MarketRank

Overall MarketRank

3.04 out of 5 stars

Consumer Staples Sector

7th out of 179 stocks

Agricultural Services Industry

1st out of 4 stocks

Analyst Opinion: 3.3Community Rank: 4.3Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -
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Calavo Growers (NASDAQ:CVGW) Frequently Asked Questions

Is Calavo Growers a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calavo Growers in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Calavo Growers stock.
View analyst ratings for Calavo Growers
or view top-rated stocks.

What stocks does MarketBeat like better than Calavo Growers?

Wall Street analysts have given Calavo Growers a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Calavo Growers wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Calavo Growers' next earnings date?

Calavo Growers is scheduled to release its next quarterly earnings announcement on Monday, December 20th 2021.
View our earnings forecast for Calavo Growers
.

How were Calavo Growers' earnings last quarter?

Calavo Growers, Inc. (NASDAQ:CVGW) issued its earnings results on Tuesday, September, 7th. The company reported ($0.17) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.01. The company earned $285 million during the quarter, compared to analysts' expectations of $278.97 million. Calavo Growers had a trailing twelve-month return on equity of 5.19% and a net margin of 0.72%. The company's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.73 earnings per share.
View Calavo Growers' earnings history
.

How has Calavo Growers' stock price been impacted by COVID-19 (Coronavirus)?

Calavo Growers' stock was trading at $53.02 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CVGW shares have decreased by 23.1% and is now trading at $40.77.
View which stocks have been most impacted by COVID-19
.

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

Calavo Growers declared an annual dividend on Monday, October 26th. Investors of record on Friday, November 13th will be given a dividend of $1.15 per share on Friday, December 4th. This represents a yield of 1.68%. The ex-dividend date of this dividend is Thursday, November 12th. This is an increase from Calavo Growers's previous annual dividend of $1.10.
View Calavo Growers' dividend history
.

Is Calavo Growers a good dividend stock?

Calavo Growers pays an annual dividend of $1.15 per share and currently has a dividend yield of 3.14%. The dividend payout ratio of Calavo Growers is 73.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Calavo Growers will have a dividend payout ratio of 71.43% next year. This indicates that Calavo Growers will be able to sustain or increase its dividend.
View Calavo Growers' dividend history.

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

Calavo Growers issued an update on its third quarter 2021 earnings guidance on Wednesday, August, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $275 million-$285 million, compared to the consensus revenue estimate of $291.85 million.

What price target have analysts set for CVGW?

4 brokerages have issued twelve-month target prices for Calavo Growers' stock. Their forecasts range from $60.00 to $85.00. On average, they anticipate Calavo Growers' stock price to reach $76.00 in the next twelve months. This suggests a possible upside of 86.4% from the stock's current price.
View analysts' price targets for Calavo Growers
or view top-rated stocks among Wall Street analysts.

Who are Calavo Growers' key executives?

Calavo Growers' management team includes the following people:
  • Steven W. Hollister, Director, Chief Executive & Financial Officer
  • Mark Lodge, Chief Operations Officer
  • Robert J. Wedin, Executive Vice President-Fresh Sales (LinkedIn Profile)
  • Raina Nelson, Executive Vice President-Business Development
  • Ronald A. Araiza, Vice President-Foods Sales & Operations

What is Lee Cole's approval rating as Calavo Growers' CEO?

7 employees have rated Calavo Growers CEO Lee Cole on Glassdoor.com. Lee Cole has an approval rating of 100% among Calavo Growers' employees. This puts Lee Cole in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), AT&T (T), Tesla (TSLA), UnitedHealth Group (UNH), Intel (INTC), NIKE (NKE), NVIDIA (NVDA), AbbVie (ABBV) and Caterpillar (CAT).

What is Calavo Growers' stock symbol?

Calavo Growers trades on the NASDAQ under the ticker symbol "CVGW."

Who are Calavo Growers' major shareholders?

Calavo Growers' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.70%), Vanguard Group Inc. (6.18%), Stephens Investment Management Group LLC (4.47%), Nuance Investments LLC (4.18%), Clearbridge Investments LLC (3.53%) and State Street Corp (3.08%). Company insiders that own Calavo Growers stock include Bruce John Lindeman, Donald M Sanders, Harold S Edwards, Lecil E Cole, Marc Laurence Brown, Michael Anthony Digregorio, Robert J Wedin, Ronald Anthony Araiza and Steve Hollister.
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 Bank of New York Mellon Corp, BlackRock Inc., Primecap Management Co. CA, Bank of America Corp DE, DF Dent & Co. Inc., Vanguard Group Inc., Dimensional Fund Advisors LP, and Northern Trust Corp. Company insiders that have sold Calavo Growers company stock in the last year include Donald M Sanders, Michael Anthony Digregorio, and Robert J Wedin.
View insider buying and selling activity for Calavo Growers
or view top insider-selling stocks.

Which institutional investors are buying Calavo Growers stock?

CVGW stock was purchased by a variety of institutional investors in the last quarter, including Nuance Investments LLC, Connors Investor Services Inc., Davy Global Fund Management Ltd, Morgan Stanley, Morgan Stanley, Millennium Management LLC, Bridgewater Associates LP, and State Street Corp.
View insider buying and selling activity for Calavo Growers
or or view top insider-buying stocks.

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

What is Calavo Growers' stock price today?

One share of CVGW stock can currently be purchased for approximately $40.77.

How much money does Calavo Growers make?

Calavo Growers has a market capitalization of $720.94 million and generates $1.06 billion in revenue each year. The company earns $-13,630,000.00 in net income (profit) each year or $1.57 on an earnings per share basis.

How many employees does Calavo Growers have?

Calavo Growers employs 3,971 workers across the globe.

When was Calavo Growers founded?

Calavo Growers was founded in 1924.

What is Calavo Growers' official website?

The official website for Calavo Growers is www.calavo.com.

Where are Calavo Growers' headquarters?

Calavo Growers is headquartered at 1141-A Cummings Road, SANTA PAULA CA, 93060.

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].


This page was last updated on 9/19/2021 by MarketBeat.com Staff
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