S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:CVGW

Calavo Growers Stock Forecast, Price & News

$41.74
-1.51 (-3.49%)
(As of 11/26/2021 04:00 PM ET)
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Today's Range
$41.22
$42.81
50-Day Range
$34.86
$47.26
52-Week Range
$33.25
$85.40
Volume
119,185 shs
Average Volume
149,148 shs
Market Capitalization
$738.09 million
P/E Ratio
101.81
Dividend Yield
2.66%
Beta
0.91
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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.

Headlines

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Industry, Sector and Symbol

Industry
Agricultural services
Sub-Industry
Packaged Foods & Meats
Current Symbol
NASDAQ:CVGW
CUSIP
12824610
Employees
3,971
Year Founded
1924

Sales & Book Value

Annual Sales
$1.06 billion
Cash Flow
$2.39 per share
Book Value
$14.50 per share

Profitability

Net Income
$-13.63 million
Pretax Margin
2.76%

Debt

Price-To-Earnings

Miscellaneous

Free Float
16,940,000
Market Cap
$738.09 million
Optionable
Optionable

Company Calendar

Last Earnings
9/07/2021
Ex-Dividend
11/10/2021
Today
11/27/2021
Dividend Payable
12/03/2021
Next Earnings (Confirmed)
12/20/2021
Fiscal Year End
10/31/2022

Social Links


MarketRank

Overall MarketRank

2.86 out of 5 stars

Consumer Staples Sector

15th out of 184 stocks

Agricultural Services Industry

1st out of 4 stocks

Analyst Opinion: 3.2Community Rank: 4.3Dividend Strength: 1.7Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -












Calavo Growers (NASDAQ:CVGW) Frequently Asked Questions

Is Calavo Growers a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Calavo Growers in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Calavo Growers stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CVGW, but not buy additional shares or sell existing shares.
View analyst ratings for Calavo Growers
or view top-rated stocks.

How has Calavo Growers' stock been impacted by COVID-19?

Calavo Growers' stock was trading at $53.02 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CVGW shares have decreased by 21.3% and is now trading at $41.74.
View which stocks have been most impacted by COVID-19
.

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 can I listen to Calavo Growers' earnings call?

Calavo Growers will be holding an earnings conference call on Monday, December 20th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Calavo Growers' earnings last quarter?

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

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

Calavo Growers declared an annual dividend on Friday, October 29th. Stockholders of record on Friday, November 12th will be given a dividend of $1.15 per share on Friday, December 3rd. This represents a yield of 2.73%. The ex-dividend date is Wednesday, November 10th.
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 2.66%. Calavo Growers has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Calavo Growers is 280.49%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Calavo Growers will have a dividend payout ratio of 87.79% in the coming year. This indicates that Calavo Growers may not be able to sustain their current dividend.
View Calavo Growers' dividend history.

What price target have analysts set for CVGW?

3 Wall Street analysts have issued 12-month price targets for Calavo Growers' shares. Their forecasts range from $60.00 to $84.00. On average, they expect Calavo Growers' stock price to reach $73.00 in the next twelve months. This suggests a possible upside of 74.9% 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, Chief Executive Officer & Director
  • Mark Lodge, Chief Operations Officer
  • Mariela Matute, Chief Financial Officer
  • Robert J. Wedin, Executive Vice President-Fresh Sales (LinkedIn Profile)
  • Raina Nelson, Executive Vice President-Business Development

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.

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.32%), Renaissance Technologies LLC (2.79%), Ceredex Value Advisors LLC (2.78%), Dimensional Fund Advisors LP (2.71%), Invesco Ltd. (2.36%) and Morgan Stanley (2.16%). 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 Copeland Capital Management LLC, Royal Bank of Canada, Geode Capital Management LLC, Dimensional Fund Advisors LP, Primecap Management Co. CA, Goldman Sachs Group Inc., Russell Investments Group Ltd., and Alliancebernstein L.P.. 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 acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Ceredex Value Advisors LLC, Morgan Stanley, Victory Capital Management Inc., Davy Global Fund Management Ltd, PEAK6 Investments LLC, BlackRock Inc., and Renaissance Technologies LLC.
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 $41.74.

How much money does Calavo Growers make?

Calavo Growers has a market capitalization of $738.09 million and generates $1.06 billion in revenue each year. The company earns $-13.63 million in net income (profit) each year or $0.41 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, via email at [email protected], or via fax at 805-921-3219.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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