Calavo Growers Stock Forecast, Price & News

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.

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

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.

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.
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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.

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.

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.

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.

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.

Some companies that are related to Calavo Growers include Mondelez International (MDLZ), The Hershey (HSY), General Mills (GIS), Tyson Foods (TSN), McCormick & Company, Incorporated (MKC), Hormel Foods (HRL), Kellogg (K), Conagra Brands (CAG), The J. M. Smucker (SJM), Campbell Soup (CPB), Pilgrim's Pride (PPC), Post (POST), Flowers Foods (FLO), Seaboard (SEB) and Lancaster Colony (LANC).
View all of CVGW's competitors.

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 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.

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.

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.

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

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.

Calavo Growers employs 3,971 workers across the globe.

Calavo Growers was founded in 1924.

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

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

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].