About Calavo Growers (NASDAQ:CVGW)
Calavo 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: www.calavo.com
Capitalization:- Market Cap: $1.22382 billion
- Outstanding Shares: 17,533,000
Average Prices:- 50 Day Moving Avg: $70.99
- 200 Day Moving Avg: $69.44
- 52 Week Range: $48.75 - $76.85
P/E:- Trailing P/E Ratio: 34.15
- Foreward P/E Ratio: 24.72
- P/E Growth: 1.64
Sales & Book Value:- Annual Revenue: $1.05 billion
- Price / Sales: 1.18
- Book Value: $14.13 per share
- Price / Book: 5.00
Dividend:- Annual Dividend: $0.90
- Dividend Yield: 1.3%
Profitability:- EBITDA: $68.09 million
- Net Margins: 3.46%
- Return on Equity: 16.07%
- Return on Assets: 10.30%
Debt:- Current Ratio: 1.06%
- Quick Ratio: 0.80%
Misc:- Average Volume: 127,506 shs.
- Beta: 0.7
- 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 Thursday, October 5th. Shareholders of record on Friday, November 17th will be paid a dividend of $0.95 per share on Friday, December 8th. This represents a yield of 1.29%. The ex-dividend date is Thursday, November 16th. This is a boost from Calavo Growers's previous annual dividend of $0.90. View Calavo Growers' Dividend History.
How were Calavo Growers' earnings last quarter?
Calavo Growers, Inc. (NASDAQ:CVGW) released its earnings results on Wednesday, September, 6th. The company reported $0.50 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.50. The business had revenue of $301.65 million for the quarter, compared to analysts' expectations of $278.66 million. Calavo Growers had a return on equity of 16.07% and a net margin of 3.46%. The company's quarterly revenue was up 14.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.73 earnings per share. View Calavo Growers' Earnings History.
When will Calavo Growers make its next earnings announcement?
Where is Calavo Growers' stock going? Where will Calavo Growers' stock price be in 2017?
4 equities research analysts have issued 1 year price objectives for Calavo Growers' shares. Their predictions range from $75.00 to $85.00. On average, they expect Calavo Growers' share price to reach $79.50 in the next year. View Analyst Ratings for Calavo Growers.
Who are some of Calavo Growers' key competitors?
Some companies that are related to Calavo Growers include Meredith Corporation (MDP), Fresh Del Monte Produce (FDP), Embotelladora Andina S.A. (AKO.B), Tootsie Roll Industries (TR), B&G Foods (BGS), Boston Beer Company, Inc. (The) (SAM), Coca-Cola Bottling Co. Consolidated (COKE), Cott Corporation (COT), Matthews International Corporation (MATW), United Natural Foods (UNFI), WD-40 Company (WDFC), Inter Parfums (IPAR), Scholastic Corporation (SCHL), Adecoagro S.A. (AGRO), Time (TIME), Hostess Brands (TWNK), Gannett Co. (GCI) and MGP Ingredients (MGPI).
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
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 $70.70.
MarketBeat Community Rating for Calavo Growers (NASDAQ CVGW)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.
Earnings History for Calavo Growers (NASDAQ:CVGW)Earnings History by Quarter for Calavo Growers (NASDAQ CVGW)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 12/18/2017 | | $0.50 | | | | | N/A |  |
| 9/6/2017 | Q3 2017 | $0.50 | $0.50 | $278.66 million | $301.65 million | View | N/A | |
| 6/6/2017 | Q2 2017 | $0.66 | $0.74 | $259.79 million | $270.20 million | View | N/A | |
| 3/7/2017 | Q1 2017 | $0.44 | $0.34 | $240.27 million | $226.60 million | View | N/A | |
| 12/20/2016 | Q4 2016 | $0.49 | $0.53 | $256.91 million | $247.70 million | View | N/A | |
| 9/7/2016 | Q3 | $0.61 | $0.73 | $243.80 million | $263.15 million | View | N/A | |
| 6/6/2016 | Q2 | $0.49 | $0.56 | $242.33 million | $220.30 million | View | N/A | |
| 3/8/2016 | Q1 | $0.35 | $0.37 | $212.72 million | $204.60 million | View | N/A | |
| 12/29/2015 | Q415 | $0.45 | $0.28 | $212.92 million | $207.99 million | View | N/A | |
| 9/3/2015 | Q315 | $0.60 | $0.54 | $259.41 million | $232.45 million | View | N/A | |
| 6/2/2015 | Q215 | $0.48 | $0.49 | $229.12 million | $221.59 million | View | N/A | |
| 3/6/2015 | Q115 | $0.34 | $0.31 | $188.48 million | $194.79 million | View | N/A | |
| 1/15/2015 | Q414 | $0.45 | $0.38 | $205.77 million | $200.75 million | View | N/A | |
| 9/9/2014 | Q313 | $0.46 | $0.53 | $223.97 million | $218.70 million | View | N/A | |
| 6/2/2014 | Q1 14 | $0.36 | $0.43 | $198.83 million | $194.90 million | View | N/A | |
| 3/5/2014 | Q1 | $0.27 | $0.25 | $166.90 million | $168.20 million | View | N/A | |
| 1/6/2014 | Q4 | $0.38 | $0.42 | $179.57 million | $190.70 million | View | N/A | |
| 9/5/2013 | Q3 2013 | $0.39 | $0.48 | $189.17 million | $194.30 million | View | N/A | |
| 6/5/2013 | Q2 2013 | $0.38 | $0.15 | $162.07 million | $166.30 million | View | N/A | |
| 3/5/2013 | Q1 2013 | $0.26 | $0.24 | $126.68 million | $139.50 million | View | N/A | |
| 1/3/2013 | Q4 2012 | $0.42 | $0.42 | $157.38 million | $141.55 million | View | N/A | |
| 9/5/2012 | Q212 | $0.53 | $0.38 | $172.12 million | $153.18 million | View | N/A | |
| 6/4/2012 | | $0.44 | $0.30 | | | View | N/A | |
| 3/5/2012 | | $0.24 | $0.18 | | | View | N/A | |
| 1/5/2012 | | $0.20 | $0.25 | | | View | N/A | |
| 9/7/2011 | | $0.22 | $0.18 | | | View | N/A | |
| 6/6/2011 | | $0.30 | $0.16 | | | View | N/A | |
| 3/2/2011 | | $0.26 | $0.16 | | | View | N/A | |
| 1/3/2011 | | $0.27 | $0.32 | | | View | N/A | |
(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
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 2 | $0.42 | $0.54 | $0.48 |
| Q2 2017 | 2 | $0.63 | $0.70 | $0.67 |
| Q3 2017 | 2 | $0.67 | $0.81 | $0.74 |
| Q4 2017 | 2 | $0.61 | $0.65 | $0.63 |
| Q1 2018 | 1 | $0.63 | $0.63 | $0.63 |
| Q2 2018 | 1 | $0.83 | $0.83 | $0.83 |
| Q3 2018 | 1 | $0.81 | $0.81 | $0.81 |
| Q4 2018 | 1 | $0.73 | $0.73 | $0.73 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Calavo Growers (NASDAQ:CVGW)| Next Dividend: | 12/8/2017 |
| Annual Dividend: | $0.90 |
| Dividend Yield: | 1.27% |
| Payout Ratio: | 43.48% (Trailing 12 Months of Earnings)
43.90% (Based on This Year's Estimates)
31.47% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Calavo Growers (NASDAQ CVGW)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 10/5/2017 | annual | $0.95 | 1.29% | 11/16/2017 | 11/17/2017 | 12/8/2017 |
| 9/28/2016 | annual | $0.90 | 1.36% | 11/15/2016 | 11/17/2016 | 12/8/2016 |
| 11/3/2015 | annual | $0.80 | 1.54% | 11/13/2015 | 11/17/2015 | 12/8/2015 |
| 10/1/2014 | annual | $0.75 | 1.72% | 11/13/2014 | 11/17/2014 | 12/8/2014 |
| 10/29/2013 | annual | $0.70 | 2.29% | 11/26/2013 | 11/29/2013 | 12/12/2013 |
(Data available from 1/1/2013 forward)
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)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 7/6/2017 | Kathleen M Holmgren | Director | Buy | 1,000 | $68.00 | $68,000.00 | |
| 6/14/2017 | Marc Laurence Brown | Director | Sell | 750 | $75.10 | $56,325.00 | |
| 4/11/2017 | Lecil E Cole | Chairman | Buy | 42,942 | $61.78 | $2,652,956.76 | |
| 3/13/2017 | Lecil E Cole | Chairman | Buy | 95,000 | $56.42 | $5,359,900.00 | |
| 3/9/2017 | Michael A Browne | VP | Buy | 2,000 | $55.50 | $111,000.00 | |
| 9/20/2016 | Kenneth J Catchot | Insider | Sell | 35,647 | $69.42 | $2,474,614.74 | |
| 9/20/2016 | Marc Laurence Brown | Director | Sell | 1,000 | $68.86 | $68,860.00 | |
| 9/14/2016 | John M Hunt | Director | Sell | 14,250 | $68.72 | $979,260.00 | |
| 7/15/2016 | Donald M. Sanders | Director | Sell | 2,500 | $53.50 | $133,750.00 | |
| 7/14/2016 | Donald M. Sanders | Director | Sell | 8,000 | $52.50 | $420,000.00 | |
| 6/9/2016 | Marc Laurence Brown | Director | Sell | 1,000 | $67.23 | $67,230.00 | |
| 6/8/2016 | Steve Hollister | Director | Sell | 1,000 | $65.90 | $65,900.00 | |
| 4/15/2016 | Kenneth J Catchot | COO | Sell | 45,000 | $55.46 | $2,495,700.00 | |
| 4/6/2016 | Donald M. Sanders | Director | Sell | 5,000 | $52.50 | $262,500.00 | |
| 3/30/2016 | Dorcas H Thille | Director | Sell | 1,750 | $56.00 | $98,000.00 | |
| 10/8/2015 | Harold S Edwards | Director | Sell | 1,500 | $45.44 | $68,160.00 | |
| 7/15/2015 | Lecil E Cole | CEO | Sell | 45,136 | $52.21 | $2,356,550.56 | |
| 7/15/2015 | Marc Laurence Brown | Director | Sell | 882 | $52.88 | $46,640.16 | |
| 7/13/2015 | Lecil E Cole | CEO | Sell | 41,026 | $52.04 | $2,134,993.04 | |
| 7/10/2015 | Marc Laurence Brown | Director | Sell | 1,000 | $51.85 | $51,850.00 | |
| 7/8/2015 | Lecil E Cole | CEO | Sell | 36,014 | $52.05 | $1,874,528.70 | |
| 7/6/2015 | Lecil E Cole | CEO | Sell | 34,408 | $54.02 | $1,858,720.16 | |
| 7/1/2015 | Lecil E Cole | CEO | Sell | 65,656 | $52.47 | $3,444,970.32 | |
| 6/25/2015 | Lecil E Cole | CEO | Sell | 11,190 | $54.01 | $604,371.90 | |
| 6/23/2015 | Lecil E Cole | CEO | Sell | 20,439 | $54.03 | $1,104,319.17 | |
| 6/19/2015 | Lecil E Cole | CEO | Sell | 44,527 | $54.06 | $2,407,129.62 | |
| 6/17/2015 | Lecil E Cole | CEO | Sell | 19,962 | $54.20 | $1,081,940.40 | |
| 6/11/2015 | Lecil E Cole | CEO | Sell | 29,242 | $55.06 | $1,610,064.52 | |
| 9/19/2014 | Dorcas H Mcfarlane | Director | Sell | 2,500 | $44.00 | $110,000.00 | |
| 9/17/2014 | Der Kar Scott Van | Director | Buy | 323 | $41.93 | $13,543.39 | |
| 6/17/2014 | Dorcas H Mcfarlane | Director | Sell | 1,500 | $34.25 | $51,375.00 | |
| 6/13/2014 | Lecil E Cole | CEO | Sell | 49,841 | $34.15 | $1,702,070.15 | |
| 6/10/2014 | Lecil E Cole | CEO | Sell | 6,249 | $34.00 | $212,466.00 | |
| 6/9/2014 | Lecil E Cole | CEO | Sell | 65,060 | $34.05 | $2,215,293.00 | |
| 6/5/2014 | Lecil E Cole | CEO | Sell | 85,819 | $34.37 | $2,949,599.03 | |
| 3/28/2014 | Donald Sanders | Director | Sell | 2,835 | $35.38 | $100,302.30 | |
| 3/21/2014 | Arthur Bruno | CFO | Sell | 5,000 | $34.63 | $173,150.00 | |
| 4/10/2013 | Lecil E Cole | CEO | Sell | 21,196 | $28.82 | $610,868.72 | |
(Data available from 1/1/2013 forward)
Headline Trends for Calavo Growers (NASDAQ:CVGW)
Latest Headlines for Calavo Growers (NASDAQ:CVGW)
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Calavo Growers (CVGW) Chart for Saturday, October, 21, 2017
