Log in
NASDAQ:CVGW

Calavo Growers Stock Forecast, Price & News

$72.96
+1.30 (+1.81 %)
(As of 11/27/2020 12:00 AM ET)
Add
Compare
Today's Range
$71.39
Now: $72.96
$72.96
50-Day Range
$65.42
MA: $69.82
$74.53
52-Week Range
$48.31
Now: $72.96
$94.92
Volume21,100 shs
Average Volume163,226 shs
Market Capitalization$1.29 billion
P/E RatioN/A
Dividend Yield1.58%
Beta0.89
Calavo Growers, Inc. markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery and foodservice customers, club stores, mass merchandisers, food distributors, and wholesale customers worldwide. It operates in three segments: Fresh Products, Calavo Foods, and Renaissance Food Group (RFG). The Fresh products segment distributes avocados and other fresh produce products; and procures avocados grown in California, Mexico, and Peru, as well as various other commodities, including tomatoes and papayas. The Calavo Foods segment is involved in purchasing, manufacturing, and distributing prepared avocado products, including guacamole and salsa. The RFG segment manufactures and distributes fresh-cut fruits and vegetables, fresh prepared entrée salads, wraps, sandwiches, and fresh snacking products, as well as ready-to-heat entrees, other hot bar and various deli items, meals kits and related components, and salad kits. The company offers its products under the Calavo and RFG brands, and related logos; and Avo Fresco, Bueno, Calavo Gold, Calavo Salsa Lisa, Salsa Lisa, Celebrate the Taste, El Dorado, Fresh Ripe, Select, Taste of Paradise, The First Name in Avocados, Tico, Mfresh, Maui Fresh International, Triggered Avocados, ProRipeVIP, RIPE NOW!, Garden Highway Fresh Cut, Garden Highway, and Garden Highway Chef Essentials trademarks. Calavo Growers, Inc. was founded in 1924 and is headquartered in Santa Paula, California.
Read More
Calavo Growers logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.93 out of 5 stars


Industry, Sector and Symbol

Industry Agricultural services
Sub-IndustryPackaged Foods & Meats
Current SymbolNASDAQ:CVGW
CUSIP12824610
Phone805-525-1245
Employees3,657

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.20 billion
Cash Flow$3.86 per share
Book Value$16.25 per share

Profitability

Net Income$36.65 million

Miscellaneous

Market Cap$1.29 billion
Next Earnings Date12/17/2020 (Estimated)
OptionableOptionable
$72.96
+1.30 (+1.81 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive CVGW News and Ratings via Email

Sign-up to receive the latest news and ratings for CVGW and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Calavo Growers (NASDAQ:CVGW) Frequently Asked Questions

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

Calavo Growers' stock was trading at $53.02 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CVGW stock has increased by 37.6% and is now trading at $72.96.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Calavo Growers?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Calavo Growers in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Calavo Growers
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Calavo Growers?

Wall Street analysts have given Calavo Growers a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Calavo Growers wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Calavo Growers' next earnings date?

Calavo Growers is scheduled to release its next quarterly earnings announcement on Thursday, December 17th 2020.
View our earnings forecast for Calavo Growers
.

How were Calavo Growers' earnings last quarter?

Calavo Growers, Inc. (NASDAQ:CVGW) announced its quarterly earnings results on Tuesday, September, 8th. The company reported $0.73 EPS for the quarter, beating the Zacks' consensus estimate of $0.72 by $0.01. The business earned $270.40 million during the quarter, compared to analyst estimates of $325.37 million. Calavo Growers had a negative net margin of 1.31% and a positive return on equity of 10.31%. The business's revenue for the quarter was down 24.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.91 EPS.
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 Monday, October 26th. Stockholders of record on Friday, November 13th will be paid a dividend of $1.15 per share on Friday, December 4th. This represents a dividend yield of 1.68%. The ex-dividend date of this dividend is Thursday, November 12th. This is a positive change from Calavo Growers's previous annual dividend of $1.10.
View Calavo Growers' dividend history
.

What price target have analysts set for CVGW?

5 equities research analysts have issued 1-year price objectives for Calavo Growers' stock. Their forecasts range from $53.00 to $85.00. On average, they anticipate Calavo Growers' stock price to reach $75.00 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price.
View analysts' price targets for Calavo Growers
.

Are investors shorting Calavo Growers?

Calavo Growers saw a drop in short interest during the month of October. As of October 15th, there was short interest totaling 1,730,000 shares, a drop of 21.0% from the September 30th total of 2,190,000 shares. Based on an average daily volume of 107,200 shares, the days-to-cover ratio is currently 16.1 days. Approximately 10.6% of the company's shares are sold short.
View Calavo Growers' Short Interest
.

Who are some of Calavo Growers' key competitors?

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).

Who are Calavo Growers' key executives?

Calavo Growers' management team includes the following people:
  • Mr. James E. Gibson, CEO & Pres of Renaissance Food Group (Age 57, Pay $867.83k)
  • Mr. Robert J. Wedin, Exec. VP of Fresh Sales (Age 70, Pay $781.71k)
  • Mr. Kevin Manion, Chief Financial Officer
  • Mr. Mark Lodge, Chief Operations Officer
  • Mr. Joel Silva, Corp. Controller & Chief Accounting Officer
  • Patricia D. Vorhies, Director of HR
  • Raina Nelson, Exec. VP of Bus. Devel.
  • Mr. Scott H. Runge, Treasurer

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (15.61%), State Street Corp (2.81%), Copeland Capital Management LLC (2.75%), Riverbridge Partners LLC (1.78%), Cardinal Capital Management LLC CT (1.61%) and Ceredex Value Advisors LLC (1.60%). Company insiders that own Calavo Growers stock include Bruce John Lindeman, Der Kar Scott Van, Donald M Sanders, Harold S Edwards, James E Gibson, James E Snyder, Lecil E Cole, Marc Laurence Brown, Michael A Browne, Michael Anthony Digregorio, Robert J Wedin and Ronald Anthony Araiza.
View institutional ownership trends for Calavo Growers
.

Which major investors are selling Calavo Growers stock?

CVGW stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Lateef Investment Management L.P., Morgan Stanley, WINTON GROUP Ltd, Cardinal Capital Management LLC CT, Cadence Capital Management LLC, JPMorgan Chase & Co., and Aigen Investment Management LP. Company insiders that have sold Calavo Growers company stock in the last year include Bruce John Lindeman, Harold S Edwards, Lecil E Cole, Marc Laurence Brown, and Ronald Anthony Araiza.
View insider buying and selling activity for Calavo Growers
.

Which major investors are buying Calavo Growers stock?

CVGW stock was purchased by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Gamco Investors INC. ET AL, Cubist Systematic Strategies LLC, ExodusPoint Capital Management LP, 6 Meridian, Squarepoint Ops LLC, Victory Capital Management Inc., and Assenagon Asset Management S.A..
View insider buying and selling activity for Calavo Growers
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Calavo Growers' stock price today?

One share of CVGW stock can currently be purchased for approximately $72.96.

How big of a company is Calavo Growers?

Calavo Growers has a market capitalization of $1.29 billion and generates $1.20 billion in revenue each year. The company earns $36.65 million in net income (profit) each year or $3.02 on an earnings per share basis. Calavo Growers employs 3,657 workers across the globe.

What is Calavo Growers' official website?

The official website for Calavo Growers is www.calavo.com.

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 or via email at [email protected]

This page was last updated on 11/30/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.