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:
  • Market Cap: $1.23 billion
  • Outstanding Shares: 17,533,000
Average Prices:
  • 50 Day Moving Avg: $70.70
  • 200 Day Moving Avg: $67.33
  • 52 Week Range: $48.75 - $76.85
  • Trailing P/E Ratio: 33.91
  • Foreward P/E Ratio: 24.81
  • P/E Growth: 1.66
Sales & Book Value:
  • Annual Revenue: $1.05 billion
  • Price / Sales: 1.17
  • Book Value: $14.13 per share
  • Price / Book: 4.97
  • Annual Dividend: $0.90
  • Dividend Yield: 1.3%
  • EBIDTA: $68.09 million
  • Net Margins: 3.46%
  • Return on Equity: 16.07%
  • Return on Assets: 10.30%
  • Current Ratio: 1.06%
  • Quick Ratio: 0.80%
  • Average Volume: 143,264 shs.
  • Beta: 0.66
  • 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 announced an annual dividend on Wednesday, September 28th. Shareholders of record on Thursday, November 17th will be given a dividend of $0.90 per share on Thursday, December 8th. This represents a yield of 1.36%. The ex-dividend date of this dividend is Tuesday, November 15th. This is a positive change from Calavo Growers's previous annual dividend of $0.80. View Calavo Growers' Dividend History.

How were Calavo Growers' earnings last quarter?

Calavo Growers, Inc. (NASDAQ:CVGW) posted its earnings results on Wednesday, September, 6th. The company reported $0.50 earnings per share for the quarter, meeting the consensus estimate of $0.50. The company had revenue of $301.65 million for the quarter, compared to analysts' expectations of $278.66 million. Calavo Growers had a net margin of 3.46% and a return on equity of 16.07%. The business's revenue was up 14.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.73 EPS. 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 brokers have issued twelve-month price objectives for Calavo Growers' shares. Their forecasts range from $75.00 to $85.00. On average, they expect Calavo Growers' stock 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

Who owns Calavo Growers stock?

Calavo Growers' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.76%), Neuberger Berman Group LLC (8.63%), Vanguard Group Inc. (5.01%), Stephens Investment Management Group LLC (4.46%), Dimensional Fund Advisors LP (3.61%) and Riverbridge Partners LLC (3.19%). Company insiders that own Calavo Growers stock include Donald M Sanders, Dorcas H Thille, Harold S Edwards, John M Hunt, Kathleen M Holmgren, Kenneth J Catchot, Lecil E Cole, Marc Laurence Brown, Michael A Browne and Steve Hollister. View Institutional Ownership Trends for Calavo Growers.

Who sold Calavo Growers stock? Who is selling Calavo Growers stock?

Calavo Growers' stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Neuberger Berman Group LLC, Eidelman Virant Capital, State of New Jersey Common Pension Fund D, SG Capital Management LLC, BlackRock Inc., Voya Investment Management LLC and ProShare Advisors LLC. View Insider Buying and Selling for Calavo Growers.

Who bought Calavo Growers stock? Who is buying Calavo Growers stock?

Calavo Growers' stock was purchased by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Rice Hall James & Associates LLC, Copeland Capital Management LLC, William Blair Investment Management LLC, Kennedy Capital Management Inc., Vanguard Group Inc., Stephens Investment Management Group LLC and Northern Trust Corp. 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 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 $70.20.

MarketBeat Community Rating for Calavo Growers (NASDAQ CVGW)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  148 (Vote Outperform)
Underperform Votes:  134 (Vote Underperform)
Total Votes:  282
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 (13.25% upside)

Analysts' Ratings History for Calavo Growers (NASDAQ:CVGW)
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 9/24/2015 forward)


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)


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)


Current Dividend Information for Calavo Growers (NASDAQ:CVGW)
Most Recent Dividend:12/8/2016
Annual Dividend:$0.90
Dividend Yield:1.28%
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
(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)


Headline Trends for Calavo Growers (NASDAQ:CVGW)
Latest Headlines for Calavo Growers (NASDAQ:CVGW)
DateHeadline logoCalavo Growers Sees IBD RS Rating Climb To 73 - September 19 at 5:39 PM logoCalavo Growers, Inc. breached its 50 day moving average in a Bullish Manner : CVGW-US : September 18, 2017 - September 18 at 5:37 PM logoETFs with exposure to Calavo Growers, Inc. : September 13, 2017 - September 13 at 6:55 PM logoCalavo Growers, Inc. :CVGW-US: Earnings Analysis: Q3, 2017 By the Numbers : September 12, 2017 - September 12 at 6:23 PM logoCalavo Growers, Inc. (CVGW) Receives Consensus Rating of "Buy" from Analysts - September 12 at 12:48 PM logoDon't Wait to Buy These 3 Dividend Stocks - September 10 at 5:05 PM logoCalavo Growers, Inc. Announces Fiscal 2017 Third Quarter Results - September 6 at 5:41 PM logoCalavo posts 3Q profit - September 6 at 5:41 PM logoCalavo Growers, Inc. (CVGW) Announces Quarterly Earnings Results, Hits Estimates - September 6 at 2:14 PM logoPost-earning gain for Calavo Growers - September 6 at 11:46 AM logoRSI Alert: Calavo Growers (CVGW) Now Oversold - September 5 at 7:13 PM logoCalavo Growers, Inc. (CVGW) Upgraded to "Hold" by Zacks Investment Research - August 29 at 6:30 PM logoCalavo Growers, Inc. (CVGW) Set to Announce Quarterly Earnings on Tuesday - August 29 at 1:14 AM logoCalavo Growers, Inc. – Value Analysis (NASDAQ:CVGW) : August 29, 2017 - August 28 at 10:35 PM logoBuckingham Research Cuts Calavo Growers, Inc. (CVGW) Price Target to $82.00 - August 19 at 9:40 PM logoCalavo Growers, Inc. (CVGW) Downgraded to Hold at Zacks Investment Research - August 18 at 6:26 PM logoCalavo Growers, Inc. breached its 50 day moving average in a Bearish Manner : CVGW-US : August 18, 2017 - August 18 at 5:39 PM logoCalavo Growers, Inc. (CVGW) Given Consensus Recommendation of "Buy" by Brokerages - August 18 at 1:10 PM logoETFs with exposure to Calavo Growers, Inc. : July 24, 2017 - July 24 at 5:21 PM logoCalavo Growers, Inc. (NASDAQ:CVGW) Upgraded by BidaskClub to Hold - July 23 at 6:21 PM logoETFs with exposure to Calavo Growers, Inc. : July 13, 2017 - July 13 at 6:54 PM logoReviewing Calavo Growers (NASDAQ:CVGW) & SiteOne Landscape Supply (SITE) - July 13 at 8:09 AM logoForm 4 CALAVO GROWERS INC For: Jul 06 Filed by: HOLMGREN KATHLEEN M - July 12 at 3:39 PM logoCalavo Growers, Inc. (CVGW) Director Acquires $68,000.00 in Stock - July 10 at 4:44 PM logoCalavo Growers, Inc. breached its 50 day moving average in a Bearish Manner : CVGW-US : July 7, 2017 - July 8 at 8:48 AM logoComparing Calavo Growers (NASDAQ:CVGW) & SiteOne Landscape Supply (SITE) - July 8 at 8:22 AM featured highlights: Calavo Growers, Five Below, KB Home, SYNNEX and Cypress Semiconductor - July 3 at 5:34 PM logoBull of the Day: Calavo Growers (CVGW) - June 30 at 5:45 PM logoFeatured Company News - Del Monte Pacific Ltd and Fresh Del Monte Produce Settle Dispute; Launch JVs for Collaborative Expansion Globally - June 30 at 5:45 PM logoTop 5 Earnings Growth Stocks to Buy Right Away - June 30 at 5:45 PM logoCalavo Growers, Inc. (CVGW) Upgraded by Zacks Investment Research to Strong-Buy - June 28 at 7:58 PM logoETFs with exposure to Calavo Growers, Inc. : June 26, 2017 - June 26 at 5:24 PM logoContrasting Calavo Growers (CVGW) & SiteOne Landscape Supply (SITE) - June 25 at 12:17 PM logoReviewing SiteOne Landscape Supply (SITE) & Calavo Growers (CVGW) - June 22 at 12:24 PM logoCalavo Growers, Inc. (CVGW) Downgraded by BidaskClub to "Hold" - June 20 at 8:44 PM logoSiteOne Landscape Supply (SITE) versus Calavo Growers (CVGW) Head to Head Analysis - June 19 at 10:30 PM logoCalavo Growers, Inc. (CVGW) Director Sells $56,325.00 in Stock - June 14 at 8:18 PM logoBunge Limited (BG) & Calavo Growers (CVGW) Head-To-Head Analysis - June 12 at 10:02 PM logoCalavo Growers, Inc. :CVGW-US: Earnings Analysis: Q2, 2017 By the Numbers : June 12, 2017 - June 12 at 5:34 PM logoCalavo Growers, Inc. (CVGW) Rating Reiterated by Stephens - June 10 at 11:08 AM logoBidaskClub Upgrades Calavo Growers, Inc. (CVGW) to Buy - June 10 at 9:20 AM logoFinancial Review: Calavo Growers (CVGW) vs. Cresud S.A.C.I.F. y A. (CRESY) - June 9 at 8:22 PM logoCalavo Growers, Inc. (CVGW) Receives Average Rating of "Buy" from Brokerages - June 9 at 2:39 PM logoCalavo Growers Inc. (CVGW) Climbed To A New High After Q2 Profit Beat - June 8 at 5:36 PM logoCalavo Growers Inc. (CVGW) Has Risen To A New High On Q2 Results - June 8 at 5:36 PM logoCalavo Growers, Inc. Announces Record Fiscal 2017 Second Quarter Results - June 6 at 4:50 PM logoCalavo posts 2Q profit - June 6 at 4:50 PM logoETFs with exposure to Calavo Growers, Inc. : June 6, 2017 - June 6 at 4:50 PM logoCalavo Growers, Inc. (CVGW) Issues Earnings Results - June 6 at 2:06 PM logoCalavo Growers, Inc. (CVGW) Lifted to "Hold" at Zacks Investment Research - May 15 at 5:42 PM



Calavo Growers (CVGW) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by Staff