NASDAQ:AVO

Mission Produce (AVO) Stock Price, News & Analysis

$11.46
+0.12 (+1.06%)
(As of 04:29 PM ET)
Today's Range
$11.40
$11.53
50-Day Range
$10.47
$12.07
52-Week Range
$8.19
$13.99
Volume
134,774 shs
Average Volume
180,620 shs
Market Capitalization
$811.94 million
P/E Ratio
143.25
Dividend Yield
N/A
Price Target
$11.50

Mission Produce MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
0.3% Upside
$11.50 Price Target
Short Interest
Bearish
3.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.70
Upright™ Environmental Score
News Sentiment
0.04mentions of Mission Produce in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$5.65 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.

2.50 out of 5 stars

Consumer Staples Sector

92nd out of 135 stocks

Agricultural Services Industry

1st 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

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Using this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.”
Elon’s New A.I. Device is About to Shock the World
Using this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.”
3 Vegan Stocks to Buy Now: Q2 Edition
ELF, GOTU among consumer staples movers
Mission Produce Suffers Post-Earnings Dip
See More Headlines
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Company Calendar

Last Earnings
3/11/2024
Today
4/29/2024
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
+0.2%
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
$953.90 million
Cash Flow
$0.61 per share
Book Value
$7.46 per share

Miscellaneous

Free Float
41,375,000
Market Cap
$813.36 million
Optionable
Not Optionable
Beta
0.49
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AVO Stock Analysis - Frequently Asked Questions

Should I buy or sell Mission Produce stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Mission Produce in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities 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 brokerages have issued 12-month target prices for Mission Produce's stock. Their AVO share price targets range from $10.00 to $12.50. On average, they expect the company's stock price to reach $11.50 in the next twelve months. This suggests a possible upside of 0.3% from the stock's current price.
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 on January 1st, 2024. Since then, AVO shares have increased by 13.6% and is now trading at $11.46.
View the best growth stocks for 2024 here
.

Are investors shorting Mission Produce?

Mission Produce saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,260,000 shares, an increase of 11.5% from the March 15th total of 1,130,000 shares. Based on an average daily volume of 183,100 shares, the days-to-cover ratio is currently 6.9 days. Currently, 2.9% of the company's stock are sold short.
View Mission Produce's Short Interest
.

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) released its quarterly earnings data on Monday, March, 11th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of ($0.08) by $0.16. The company earned $258.70 million during the quarter, compared to the consensus estimate of $188.40 million. Mission Produce had a net margin of 0.60% and a trailing twelve-month return on equity of 3.98%.

What ETF holds Mission Produce's stock?

VegTech Plant-based Innovation & Climate ETF holds 23,115 shares of AVO stock, representing 4.79% 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 a price of $15.00-$17.00 per share. BofA Securities, JPMorgan and Citigroup acted 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 Carmel Capital Management L.L.C. (0.11%), Canvas Wealth Advisors LLC (0.04%), Sanders Morris Harris LLC (0.01%) and Simplex Trading LLC (0.00%). 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 4/29/2024 by MarketBeat.com Staff

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