NASDAQ:AVO

Mission Produce (AVO) Stock Price, News & Analysis

$12.67
+0.16 (+1.28%)
(As of 05/16/2024 ET)
Today's Range
$12.50
$12.74
50-Day Range
$10.70
$12.67
52-Week Range
$8.19
$13.99
Volume
163,468 shs
Average Volume
183,134 shs
Market Capitalization
$897.63 million
P/E Ratio
158.38
Dividend Yield
N/A
Price Target
$11.50

Mission Produce MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
9.2% Downside
$11.50 Price Target
Short Interest
Healthy
2.85% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.70
Upright™ Environmental Score
News Sentiment
0.70mentions of Mission Produce in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$6.18 M Sold Last Quarter
Proj. Earnings Growth
-3.23%
From $0.31 to $0.30 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.41 out of 5 stars

Consumer Staples Sector

70th out of 137 stocks

Agricultural Services Industry

2nd out of 3 stocks

AVO stock logo

About Mission Produce Stock (NASDAQ:AVO)

Mission Produce, Inc. engages in the sourcing, farming, packaging, marketing, and distribution of avocados, mangoes, and blueberries to food retailers, distributors, and foodservice customers in the United States and internationally. The company operates through three segments, Marketing and Distribution; International Farming; and Blueberries. It also provides ripening, bagging, custom packing, logistical management, and quality assurance services. In addition, the company offers merchandising and promotional support, and insights on market trends, and training services. Mission Produce, Inc. was founded in 1983 and is headquartered in Oxnard, California.

AVO Stock Price History

AVO Stock News Headlines

3 Vegan Stocks to Buy Now: Q2 Edition
ELF, GOTU among consumer staples movers
Mission Produce Suffers Post-Earnings Dip
Q1 2024 Mission Produce Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
3/11/2024
Today
5/16/2024
Next Earnings (Estimated)
6/13/2024
Fiscal Year End
10/31/2024

Industry, Sector and Symbol

Industry
Agricultural services
Sub-Industry
N/A
Current Symbol
NASDAQ:AVO
Fax
N/A
Employees
3,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.50
High Stock Price Target
$12.50
Low Stock Price Target
$10.00
Potential Upside/Downside
-9.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-2,800,000.00
Pretax Margin
1.55%

Debt

Sales & Book Value

Annual Sales
$999.10 million
Cash Flow
$0.62 per share
Book Value
$7.46 per share

Miscellaneous

Free Float
41,375,000
Market Cap
$897.63 million
Optionable
Not Optionable
Beta
0.50
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AVO Stock Analysis - Frequently Asked Questions

Should I buy or sell Mission Produce stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Mission Produce in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AVO shares.
View AVO analyst ratings
or view top-rated stocks.

What is Mission Produce's stock price target for 2024?

3 equities research analysts have issued 1-year price targets for Mission Produce's stock. Their AVO share price targets range from $10.00 to $12.50. On average, they expect the company's share price to reach $11.50 in the next year. This suggests that the stock has a possible downside of 9.2%.
View analysts price targets for AVO
or view top-rated stocks among Wall Street analysts.

How have AVO shares performed in 2024?

Mission Produce's stock was trading at $10.09 at the beginning of 2024. Since then, AVO shares have increased by 25.6% and is now trading at $12.67.
View the best growth stocks for 2024 here
.

When is Mission Produce's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 13th 2024.
View our AVO earnings forecast
.

How were Mission Produce's earnings last quarter?

Mission Produce, Inc. (NASDAQ:AVO) posted its earnings results on Monday, March, 11th. The company reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates of ($0.08) by $0.16. The company had revenue of $258.70 million for the quarter, compared to the consensus estimate of $188.40 million. Mission Produce had a trailing twelve-month return on equity of 3.98% and a net margin of 0.60%.

What ETF holds Mission Produce's stock?

VegTech Plant-based Innovation & Climate ETF holds 23,115 shares of AVO stock, representing 4.80% of its portfolio.

When did Mission Produce IPO?

Mission Produce (AVO) raised $150 million in an initial public offering (IPO) on Thursday, October 1st 2020. The company issued 9,400,000 shares at $15.00-$17.00 per share. BofA Securities, JPMorgan and Citigroup served as the underwriters for the IPO and Roth Capital Partners, Stephens, Inc. and D.A. Davidson & Co. were co-managers.

Who are Mission Produce's major shareholders?

Mission Produce's stock is owned by many different retail and institutional investors. Top institutional investors include Nuance Investments LLC (5.61%), Vanguard Group Inc. (4.00%), Carmel Capital Management L.L.C. (0.11%), SageView Advisory Group LLC (0.08%), California State Teachers Retirement System (0.06%) and Canvas Wealth Advisors LLC (0.04%). Insiders that own company stock include Bonnie Cruickshank Lind, Bryan E Giles, Juan R Wiesner, Luis A Gonzalez and Stephen J Barnard.
View institutional ownership trends
.

How do I buy shares of Mission Produce?

Shares of AVO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AVO) was last updated on 5/17/2024 by MarketBeat.com Staff

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