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NASDAQ:AVO

Mission Produce (AVO) Stock Price, News & Analysis

$10.56
+0.13 (+1.25%)
(As of 06/12/2024 ET)
Today's Range
$10.46
$10.72
50-Day Range
$10.43
$12.87
52-Week Range
$8.19
$13.00
Volume
234,671 shs
Average Volume
194,271 shs
Market Capitalization
$748.81 million
P/E Ratio
42.24
Dividend Yield
N/A
Price Target
$12.38

Mission Produce MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
17.2% Upside
$12.38 Price Target
Short Interest
Healthy
2.66% of Float Sold Short
Dividend Strength
N/A
Sustainability
-3.70
Upright™ Environmental Score
News Sentiment
1.17mentions of Mission Produce in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$3.44 M Sold Last Quarter
Proj. Earnings Growth
-9.68%
From $0.31 to $0.28 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.

4.29 out of 5 stars

Consumer Staples Sector

28th out of 134 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

Mission Produce (NASDAQ:AVO) Trading Down 4%
Mission Produce (AVO) Scheduled to Post Earnings on Thursday
3 Vegan Stocks to Buy Now: May 2024
Mission Produce: The Price Isn't Right
3 Vegan Stocks to Buy Now: Q2 Edition
See More Headlines
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Company Calendar

Last Earnings
6/06/2024
Today
6/12/2024
Next Earnings (Estimated)
9/09/2024
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
$12.38
High Stock Price Target
$15.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+17.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-2,800,000.00
Pretax Margin
2.68%

Debt

Sales & Book Value

Annual Sales
$953.90 million
Cash Flow
$0.61 per share
Book Value
$7.62 per share

Miscellaneous

Free Float
41,411,000
Market Cap
$748.81 million
Optionable
Not Optionable
Beta
0.51
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AVO Stock Analysis - Frequently Asked Questions

Should I buy or sell Mission Produce stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mission Produce in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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?

4 Wall Street analysts have issued 1-year price objectives for Mission Produce's shares. Their AVO share price targets range from $10.00 to $15.00. On average, they predict the company's stock price to reach $12.38 in the next twelve months. This suggests a possible upside of 17.2% 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 at the beginning of the year. Since then, AVO stock has increased by 4.7% and is now trading at $10.56.
View the best growth stocks for 2024 here
.

Are investors shorting Mission Produce?

Mission Produce saw a decline in short interest in May. As of May 31st, there was short interest totaling 1,160,000 shares, a decline of 10.8% from the May 15th total of 1,300,000 shares. Based on an average trading volume of 218,300 shares, the days-to-cover ratio is presently 5.3 days. Currently, 2.7% of the company's shares are short sold.
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 Monday, September 9th 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 Thursday, June, 6th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.13. The firm earned $297.60 million during the quarter, compared to analysts' expectations of $226.70 million. Mission Produce had a trailing twelve-month return on equity of 5.64% and a net margin of 1.64%.

What ETF holds Mission Produce's stock?

VegTech Plant-based Innovation & Climate ETF holds 23,115 shares of AVO stock, representing 4.55% of its portfolio.

When did Mission Produce IPO?

Mission Produce (AVO) raised $150 million in an 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 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%), SG Capital Management LLC (0.16%), Carmel Capital Management L.L.C. (0.11%), SageView Advisory Group LLC (0.08%) and California State Teachers Retirement System (0.06%). 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 6/13/2024 by MarketBeat.com Staff

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