NASDAQ:CVGW Calavo Growers - CVGW Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Calavo Growers, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $32.09 -0.63 (-1.93%) (As of 02/6/2023 01:18 PM ET) Add Compare Share Share Today's Range$32.09▼$32.8050-Day Range$29.00▼$36.0952-Week Range$27.29▼$45.50Volume18,892 shsAverage Volume103,546 shsMarket Capitalization$568.96 millionP/E RatioN/ADividend Yield3.51%Price Target$44.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Calavo Growers MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside38.7% Upside$44.50 Price TargetShort InterestHealthy2.78% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.71Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth44.44%From $1.71 to $2.47 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.84 out of 5 starsConsumer Staples Sector10th out of 138 stocksAgricultural Services Industry1st out of 4 stocks 3.5 Analyst's Opinion Consensus RatingCalavo Growers has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $44.50, Calavo Growers has a forecasted upside of 38.7% from its current price of $32.09.Amount of Analyst CoverageCalavo Growers has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.78% of the float of Calavo Growers has been sold short.Short Interest Ratio / Days to CoverCalavo Growers has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Calavo Growers has recently decreased by 14.47%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipCalavo Growers is a leading dividend payer. It pays a dividend yield of 3.51%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCalavo Growers does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Calavo Growers will have a dividend payout ratio of 46.56% next year. This indicates that Calavo Growers will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CVGW. Previous Next 3.2 News and Social Media Coverage News SentimentCalavo Growers has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Calavo Growers this week, compared to 1 article on an average week.MarketBeat Follows3 people have added Calavo Growers to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Calavo Growers insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.60% of the stock of Calavo Growers is held by insiders.Percentage Held by Institutions73.96% of the stock of Calavo Growers is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Calavo Growers are expected to grow by 44.44% in the coming year, from $1.71 to $2.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Calavo Growers is -89.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Calavo Growers is -89.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCalavo Growers has a P/B Ratio of 2.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Calavo Growers (NASDAQ:CVGW) StockCalavo Growers, Inc. engages in the marketing and distribution of avocados, prepared avocado products, and other perishable foods. It operates through the Grown and Prepared segments. The Grown segment consists of fresh avocados, tomatoes, and papayas. The Prepared segment includes all other products including fresh-cut fruits and vegetables, ready-to-eat sandwiches, wraps, salads and snacks, guacamole, and salsa. The company was founded in 1924 and is headquartered in Santa Paula, CA.Read More Receive CVGW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Calavo Growers and its competitors with MarketBeat's FREE daily newsletter. Email Address CVGW Stock News HeadlinesFebruary 1, 2023 | seekingalpha.comCalavo Growers: More Patience RequiredJanuary 13, 2023 | reuters.comCVGW.O - | Stock Price & Latest News | ReutersFebruary 6, 2023 | Investing Trends (Ad)"We need batteries. Literally everywhere."Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense." January 13, 2023 | finance.yahoo.comWith 76% ownership of the shares, Calavo Growers, Inc. (NASDAQ:CVGW) is heavily dominated by institutional ownersJanuary 8, 2023 | benzinga.comCalavo Growers Stock (NASDAQ:CVGW), Quotes and News SummaryDecember 30, 2022 | benzinga.comCalavo Growers Earnings Perspective: Return On Capital EmployedDecember 21, 2022 | seekingalpha.comHot Stocks: NKE soars on earnings; CVGW drops; CAT hits 52-week high; RRGB slumps on downgradeDecember 21, 2022 | finance.yahoo.comThe past three years for Calavo Growers (NASDAQ:CVGW) investors has not been profitableFebruary 6, 2023 | Investing Trends (Ad)"TAKE THAT, CHINA!" USA Gains in EV Battery Arms RaceDid you know each electric car battery requires 220 pounds of graphite – more than lithium, copper, or aluminum? China enjoyed a "near monopoly" in this vital ingredient... until the U.S. made a blockbuster announcement. Now one little-known company is set to play a crucial role in the booming $7 trillion EV revolution. December 21, 2022 | finance.yahoo.comWhy Calavo Growers Stock Tumbled TodayDecember 21, 2022 | seekingalpha.comCalavo Growers, Inc. (CVGW) Q4 2022 Earnings Call TranscriptDecember 21, 2022 | fool.comCalavo Growers (CVGW) Q4 2022 Earnings Call TranscriptDecember 20, 2022 | marketwatch.comCalavo Growers Posts Narrower 4Q Loss, but Revenue FellDecember 20, 2022 | marketwatch.comCalavo Growers Expects More Mexican Avocados in 2023 -- Commodity CommentDecember 20, 2022 | msn.comCalavo Growers Non-GAAP EPS of $0.03 misses by $0.29, revenue of $243.6M misses by $51.56MDecember 20, 2022 | finance.yahoo.comCalavo Growers, Inc. Announces Fourth Quarter and Fiscal 2022 Financial ResultsDecember 20, 2022 | finance.yahoo.comCalavo Growers, Inc. Announces Fourth Quarter and Fiscal 2022 Financial ResultsDecember 20, 2022 | finance.yahoo.comCalavo Growers (CVGW) Misses Q4 Earnings and Revenue EstimatesDecember 14, 2022 | seekingalpha.comCVGW Calavo Growers, Inc.December 14, 2022 | marketwatch.comCalavo Growers Unveils New ESG StrategyDecember 14, 2022 | finance.yahoo.comCalavo Growers, Inc. announces new ESG strategy and commitmentsDecember 13, 2022 | finance.yahoo.comCalavo Growers (CVGW) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseNovember 30, 2022 | finance.yahoo.comCalavo Growers to Report Fourth Quarter Financial ResultsNovember 10, 2022 | finance.yahoo.comThe Calavo Way: Ethics and IntegrityNovember 10, 2022 | finance.yahoo.comWe Wouldn't Be Too Quick To Buy Calavo Growers, Inc. (NASDAQ:CVGW) Before It Goes Ex-DividendNovember 3, 2022 | finance.yahoo.comCalavo Growers Announces Participation at Stephens Annual Investment ConferenceNovember 2, 2022 | seekingalpha.comCalavo Growers declares $0.2875 dividendSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CVGW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Calavo Growers and its competitors with MarketBeat's FREE daily newsletter. Email Address CVGW Company Calendar Ex-Dividend for 12/14 Dividend11/15/2022Dividend Payable12/14/2022Last Earnings12/20/2022Today2/06/2023Next Earnings (Estimated)3/13/2023Fiscal Year End10/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Agricultural services Sub-IndustryPackaged Foods & Meats SectorConsumer Staples Current SymbolNASDAQ:CVGW CUSIP12824610 CIK1133470 Webwww.calavo.com Phone(805) 525-1245Fax805-921-3219Employees3,266Year Founded1924Price Target and Rating Average Stock Price Forecast$44.50 High Stock Price Forecast$50.00 Low Stock Price Forecast$39.00 Forecasted Upside/Downside+38.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.36) Trailing P/E RatioN/A Forward P/E Ratio18.77 P/E GrowthN/ANet Income$-6,250,000.00 Net Margins-0.52% Pretax Margin-0.23% Return on Equity3.96% Return on Assets2.02% Debt Debt-to-Equity Ratio0.03 Current Ratio1.23 Quick Ratio0.85 Sales & Book Value Annual Sales$1.19 billion Price / Sales0.48 Cash Flow$1.41 per share Price / Cash Flow22.79 Book Value$12.60 per share Price / Book2.55Miscellaneous Outstanding Shares17,730,000Free Float17,094,000Market Cap$568.96 million OptionableOptionable Beta0.70 Social Links Key ExecutivesBrian W. KocherPresident & Chief Executive OfficerShawn C. MunsellChief Financial OfficerDanny DumasSenior VP & General Manager-Calavo GrownRonald A. AraizaSenior Vice President-Calavo PreparedDionisio OrtizVice President-Calavo de MexicoKey CompetitorsMission ProduceNASDAQ:AVOPurple InnovationNASDAQ:PRPLBenson HillNYSE:BHILYatsenNYSE:YSGCarriage ServicesNYSE:CSVView All CompetitorsInsiders & InstitutionsCostello Asset Management INCSold 6,660 shares on 2/2/2023Ownership: 0.010%Simplex Trading LLCBought 300 shares on 2/2/2023Ownership: 0.000%Bank of Montreal CanBought 1,768 shares on 2/1/2023Ownership: 0.058%Zurcher Kantonalbank Zurich Cantonalbank Bought 818 shares on 2/1/2023Ownership: 0.015%Baldwin Brothers LLC MABought 18,210 shares on 1/27/2023Ownership: 0.103%View All Insider TransactionsView All Institutional Transactions CVGW Stock - Frequently Asked Questions Should I buy or sell Calavo Growers stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calavo Growers in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CVGW shares. View CVGW analyst ratings or view top-rated stocks. What is Calavo Growers' stock price forecast for 2023? 1 brokers have issued 1-year price objectives for Calavo Growers' stock. Their CVGW share price forecasts range from $39.00 to $50.00. On average, they anticipate the company's stock price to reach $44.50 in the next twelve months. This suggests a possible upside of 36.0% from the stock's current price. View analysts price targets for CVGW or view top-rated stocks among Wall Street analysts. How have CVGW shares performed in 2023? Calavo Growers' stock was trading at $29.40 at the beginning of the year. Since then, CVGW stock has increased by 11.3% and is now trading at $32.72. View the best growth stocks for 2023 here. When is Calavo Growers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, March 13th 2023. View our CVGW earnings forecast. How were Calavo Growers' earnings last quarter? Calavo Growers, Inc. (NASDAQ:CVGW) announced its quarterly earnings results on Tuesday, December, 20th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.37 by $0.34. The firm had revenue of $243.57 million for the quarter, compared to the consensus estimate of $304.90 million. Calavo Growers had a positive trailing twelve-month return on equity of 3.96% and a negative net margin of 0.52%. How often does Calavo Growers pay dividends? What is the dividend yield for Calavo Growers? Calavo Growers announced a quarterly dividend on Wednesday, November 2nd. Stockholders of record on Wednesday, November 16th will be given a dividend of $0.287 per share on Wednesday, December 14th. This represents a $1.15 annualized dividend and a dividend yield of 3.51%. The ex-dividend date is Tuesday, November 15th. Read our dividend analysis for CVGW. Is Calavo Growers a good dividend stock? Calavo Growers (NASDAQ:CVGW) pays an annual dividend of $1.15 per share and currently has a dividend yield of 3.49%. Read our dividend analysis for CVGW. What is Lee Cole's approval rating as Calavo Growers' CEO? 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. 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 many different retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (1.29%), Allspring Global Investments Holdings LLC (0.26%), Exchange Traded Concepts LLC (0.19%), Jackson Square Capital LLC (0.13%), Baldwin Brothers LLC MA (0.10%) and Yousif Capital Management LLC (0.06%). Insiders that own company stock include Donald M Sanders, Harold S Edwards, James D Helin, Marc Laurence Brown, Michael Anthony Digregorio, Robert J Wedin and Steve Hollister. View institutional ownership trends. How do I buy shares of Calavo Growers? 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. Compare Top Brokerages Here. What is Calavo Growers' stock price today? One share of CVGW stock can currently be purchased for approximately $32.72. How much money does Calavo Growers make? Calavo Growers (NASDAQ:CVGW) has a market capitalization of $580.19 million and generates $1.19 billion in revenue each year. The company earns $-6,250,000.00 in net income (profit) each year or ($0.36) on an earnings per share basis. How many employees does Calavo Growers have? The company employs 3,266 workers across the globe. How can I contact Calavo Growers? 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. This page (NASDAQ:CVGW) was last updated on 2/6/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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