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. $26.91 +0.18 (+0.67%) (As of 03/27/2023 12:39 PM ET) Add Compare Share Share Today's Range$26.79▼$27.1050-Day Range$22.80▼$33.5752-Week Range$22.64▼$45.50Volume47,701 shsAverage Volume163,593 shsMarket Capitalization$477.38 millionP/E RatioN/ADividend Yield1.49%Price Target$36.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Calavo Growers MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside35.4% Upside$36.50 Price TargetShort InterestHealthy2.90% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.38Based on 5 Articles This WeekInsider TradingAcquiring Shares$795,079 Bought Last QuarterProj. Earnings Growth49.34%From $1.52 to $2.27 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.2.83 out of 5 starsConsumer Staples Sector18th out of 136 stocksAgricultural Services Industry1st out of 3 stocks 3.3 Analyst's Opinion Consensus RatingCalavo Growers has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $36.50, Calavo Growers has a forecasted upside of 35.4% from its current price of $26.96.Amount of Analyst CoverageCalavo Growers has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.90% 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 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Calavo Growers has recently decreased by 4.14%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldCalavo Growers pays a meaningful dividend of 1.50%, higher than the bottom 25% of all stocks that pay dividends.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 17.62% 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 3.0 News and Social Media Coverage News SentimentCalavo Growers has a news sentiment score of 0.38. 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 lower news sentiment than the 0.55 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Calavo Growers this week, compared to 2 articles on an average week.Search Interest8 people have searched for CVGW on MarketBeat in the last 30 days. 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 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Calavo Growers insiders have bought more of their company's stock than they have sold. Specifically, they have bought $795,079.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.50% 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 49.34% in the coming year, from $1.52 to $2.27 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Calavo Growers is -89.86, 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 -89.86, 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 2.21. 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 HeadlinesMarch 25, 2023 | marketwatch.comFriday 3/24 Insider Buying Report: CVGW, PFSWMarch 25, 2023 | finance.yahoo.comInsider Buying: The Calavo Growers, Inc. (NASDAQ:CVGW) CEO & President Just Bought 15% More SharesMarch 27, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 21, 2023 | americanbankingnews.comCalavo Growers, Inc. (CVGW) to Issue Quarterly Dividend of $0.10 on April 6thMarch 20, 2023 | benzinga.comCalavo Growers: Dividend InsightsMarch 20, 2023 | americanbankingnews.comCalavo Growers (NASDAQ:CVGW) Research Coverage Started at StockNews.comMarch 18, 2023 | finance.yahoo.comIt Might Not Be A Great Idea To Buy Calavo Growers, Inc. (NASDAQ:CVGW) For Its Next DividendMarch 17, 2023 | benzinga.comCalavo Growers Chief Executive Officer Awarded $11.93M Worth of Stock OptionsMarch 27, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 14, 2023 | finance.yahoo.comCalavo Growers Declares Quarterly DividendMarch 13, 2023 | benzinga.comFarming Company Calavo Growers Goes Back To Its Longtime CEO - What's On The Cards?March 13, 2023 | finance.yahoo.comCalavo Growers Board of Directors Appoints Lee E. Cole as President and Chief Executive OfficerMarch 10, 2023 | benzinga.comA Look Into Calavo Growers' DebtMarch 9, 2023 | seekingalpha.comCalavo Growers: 3 Bad Quarters Make A TrendMarch 8, 2023 | finance.yahoo.comCalavo Growers, Inc. (NASDAQ:CVGW) Q1 2023 Earnings Call TranscriptMarch 7, 2023 | msn.comCalavo Growers's Return On Capital Employed InsightsMarch 7, 2023 | finance.yahoo.comQ1 2023 Calavo Growers Inc Earnings CallMarch 6, 2023 | fool.comCalavo Growers (CVGW) Q1 2023 Earnings Call TranscriptMarch 6, 2023 | msn.comCalavo Growers Non-GAAP EPS of -$0.08 misses by $0.26, revenue of $226.2M misses by $39.66MMarch 6, 2023 | finance.yahoo.comCalavo Growers, Inc. Announces First Quarter 2023 Financial ResultsMarch 2, 2023 | finance.yahoo.comEstimating The Fair Value Of Calavo Growers, Inc. (NASDAQ:CVGW)February 14, 2023 | finance.yahoo.comFactors Influencing Coca-Cola Europacific's (CCEP) Q4 EarningsFebruary 1, 2023 | seekingalpha.comCalavo Growers: More Patience RequiredJanuary 13, 2023 | reuters.comCVGW.O - | Stock Price & Latest News | ReutersJanuary 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 EmployedSee 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 Last Earnings3/06/2023Ex-Dividend for 4/6 Dividend3/23/2023Today3/27/2023Dividend Payable4/06/2023Next Earnings (Estimated)6/01/2023Fiscal 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$36.50 High Stock Price Forecast$38.00 Low Stock Price Forecast$35.00 Forecasted Upside/Downside+36.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.30) Trailing P/E RatioN/A Forward P/E Ratio17.59 P/E GrowthN/ANet Income$-6,250,000.00 Net Margins-0.46% Pretax Margin-0.18% Return on Equity3.52% Return on Assets1.86% Debt Debt-to-Equity Ratio0.10 Current Ratio1.26 Quick Ratio0.84 Sales & Book Value Annual Sales$1.19 billion Price / Sales0.40 Cash Flow$1.54 per share Price / Cash Flow17.32 Book Value$12.22 per share Price / Book2.19Miscellaneous Outstanding Shares17,740,000Free Float17,122,000Market Cap$474.19 million OptionableOptionable Beta0.70 Social Links Key ExecutivesBrian W. KocherPresident, Chief Executive Officer & DirectorShawn C. MunsellChief Financial OfficerDanny DumasSenior VP & General Manager-Calavo GrownHelen KurtzSVP & General Manager-Calavo PreparedRonald A. AraizaSenior Vice President-Calavo PreparedKey CompetitorsMission ProduceNASDAQ:AVOCarriage ServicesNYSE:CSVSeneca FoodsNASDAQ:SENEADaily JournalNASDAQ:DJCOCresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y AgropecuariaNASDAQ:CRESYView All CompetitorsInsiders & InstitutionsLecil E ColeBought 33,253 shares on 3/21/2023Total: $795,079.23 ($23.91/share)Truist Financial CorpBought 13,838 shares on 2/17/2023Ownership: 0.078%Legal & General Group PlcBought 1,014 shares on 2/15/2023Ownership: 0.297%State of Wisconsin Investment BoardBought 1,913 shares on 2/15/2023Ownership: 0.138%Mariner LLCSold 393 shares on 2/15/2023Ownership: 0.040%View All Insider TransactionsView All Institutional Transactions CVGW Stock - Frequently Asked Questions Should I buy or sell Calavo Growers stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Calavo Growers in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research 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? 2 Wall Street analysts have issued 1-year price targets for Calavo Growers' shares. Their CVGW share price forecasts range from $35.00 to $38.00. On average, they predict the company's stock price to reach $36.50 in the next twelve months. This suggests a possible upside of 36.6% 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 on January 1st, 2023. Since then, CVGW shares have decreased by 9.1% and is now trading at $26.73. 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 Thursday, June 1st 2023. View our CVGW earnings forecast. How were Calavo Growers' earnings last quarter? Calavo Growers, Inc. (NASDAQ:CVGW) announced its earnings results on Monday, March, 6th. The company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by $0.32. The business earned $226.20 million during the quarter, compared to analyst estimates of $265.86 million. Calavo Growers had a positive trailing twelve-month return on equity of 3.52% and a negative net margin of 0.46%. The business's revenue was down 17.5% on a year-over-year basis. During the same quarter last year, the firm earned ($0.02) earnings per share. How often does Calavo Growers pay dividends? What is the dividend yield for Calavo Growers? Calavo Growers announced a quarterly dividend on Tuesday, March 14th. Shareholders of record on Friday, March 24th will be given a dividend of $0.10 per share on Thursday, April 6th. This represents a $0.40 annualized dividend and a dividend yield of 1.50%. The ex-dividend date of this dividend is Thursday, March 23rd. Read our dividend analysis for CVGW. What ETFs hold Calavo Growers' stock? ETFs with the largest weight of Calavo Growers (NASDAQ:CVGW) stock in their portfolio include ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Consumer Staples ETF (PSCC), Global X Health & Wellness ETF (BFIT), Vanguard Consumer Staples ETF (VDC).Fidelity MSCI Consumer Staples Index ETF (FSTA), Is Calavo Growers a good dividend stock? Calavo Growers (NASDAQ:CVGW) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.61%. 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 a number of institutional and retail investors. Top institutional investors include Nuance Investments LLC (7.23%), Clearbridge Investments LLC (3.56%), Dimensional Fund Advisors LP (2.71%), Renaissance Technologies LLC (2.12%), Geode Capital Management LLC (1.82%) and Charles Schwab Investment Management Inc. (1.75%). Insiders that own company stock include Donald M Sanders, Harold S Edwards, James D Helin, Lecil E Cole, 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 $26.73. How much money does Calavo Growers make? Calavo Growers (NASDAQ:CVGW) has a market capitalization of $474.19 million and generates $1.19 billion in revenue each year. The company earns $-6,250,000.00 in net income (profit) each year or ($0.30) 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 3/27/2023 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. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.