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NASDAQ:CVGW

Calavo Growers (CVGW) Stock Price, News & Analysis

Calavo Growers logo
$24.69 +0.37 (+1.52%)
As of 01/17/2025 04:00 PM Eastern

About Calavo Growers Stock (NASDAQ:CVGW)

Key Stats

Today's Range
$24.21
$25.10
50-Day Range
$22.52
$28.02
52-Week Range
$20.30
$31.26
Volume
357,635 shs
Average Volume
132,068 shs
Market Capitalization
$439.48 million
P/E Ratio
N/A
Dividend Yield
3.24%
Price Target
$35.00
Consensus Rating
Buy

Company Overview

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 through Grown and Prepared segments. The Grown segment distributes tomatoes and papayas; and procures avocados grown in California, Mexico, Peru, and Colombia. The Prepared segment is involved in the distribution of prepared avocado products, salsa, fresh-cut fruit and vegetables, fresh prepared entrees salads, wraps, sandwiches, parfaits, and fresh snacking products, as well as ready-to-heat entrees, other hot bars and various deli items, meals kit components, and salad kits. It offers its products under the Calavo brands and related logos; and Avo Fresco, Bueno, Avo Fresco, Bueno, Calavo Gold, Celebrate the Taste, El Dorado, Taste of Paradise, The First Name in Avocados, The Family of Fresh, ProRipeVIP, RIPE NOW!, Renaissance Food Group, 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.

Calavo Growers Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
84th Percentile Overall Score

CVGW MarketRank™: 

Calavo Growers scored higher than 84% of companies evaluated by MarketBeat, and ranked 49th out of 146 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Calavo Growers has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Calavo Growers has only been the subject of 1 research reports in the past 90 days.

  • Read more about Calavo Growers' stock forecast and price target.
  • Earnings Growth

    Earnings for Calavo Growers are expected to grow by 42.75% in the coming year, from $1.31 to $1.87 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Calavo Growers is -49.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Calavo Growers is -49.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Calavo Growers has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Calavo Growers' valuation and earnings.
  • Percentage of Shares Shorted

    3.26% of the float of Calavo Growers has been sold short.
  • Short Interest Ratio / Days to Cover

    Calavo Growers has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Calavo Growers has recently decreased by 10.87%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Calavo Growers pays a meaningful dividend of 3.43%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Calavo Growers does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Calavo Growers will have a dividend payout ratio of 42.78% next year. This indicates that Calavo Growers will be able to sustain or increase its dividend.

  • Read more about Calavo Growers' dividend.
  • Percentage of Shares Shorted

    3.26% of the float of Calavo Growers has been sold short.
  • Short Interest Ratio / Days to Cover

    Calavo Growers has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Calavo Growers has recently decreased by 10.87%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Calavo Growers has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.53 average news sentiment score of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for Calavo Growers this week, compared to 2 articles on an average week.
  • Search Interest

    4 people have searched for CVGW on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Calavo Growers insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 7.10% of the stock of Calavo Growers is held by insiders.

  • Percentage Held by Institutions

    81.30% of the stock of Calavo Growers is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Calavo Growers' insider trading history.
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CVGW Stock News Headlines

Why Calavo (CVGW) Shares Are Trading Lower Today
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Earnings Summary: Calavo Growers Q4
Calavo Growers price target lowered to $35 from $40 at Lake Street
See More Headlines

CVGW Stock Analysis - Frequently Asked Questions

Calavo Growers' stock was trading at $25.50 at the beginning of the year. Since then, CVGW stock has decreased by 3.2% and is now trading at $24.69.
View the best growth stocks for 2025 here
.

Calavo Growers, Inc. (NASDAQ:CVGW) announced its quarterly earnings data on Tuesday, January, 14th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.30 by $0.25. The company's quarterly revenue was up 19.5% on a year-over-year basis.

Calavo Growers' top institutional shareholders include Assenagon Asset Management S.A. (0.30%), Jackson Square Capital LLC (0.17%), Inspire Investing LLC (0.09%) and SG Americas Securities LLC (0.05%). Insiders that own company stock include Lecil E Cole, Steve Hollister, James D Helin and Michael A Browne.
View institutional ownership trends
.

Shares of CVGW 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Calavo Growers investors own include Tesla (TSLA), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Netflix (NFLX), Meta Platforms (META), Advanced Micro Devices (AMD) and Home Depot (HD).

Company Calendar

Ex-Dividend for 10/30 Dividend
10/02/2024
Dividend Payable
10/30/2024
Ex-Dividend for 1/31 Dividend
1/10/2025
Last Earnings
1/14/2025
Today
1/21/2025
Dividend Payable
1/31/2025
Next Earnings (Estimated)
3/10/2025
Fiscal Year End
10/31/2025

Industry, Sector and Symbol

Industry
Agricultural services
Sub-Industry
Packaged Foods & Meats
Current Symbol
NASDAQ:CVGW
CUSIP
12824610
Employees
3,064
Year Founded
1924

Price Target and Rating

Average Stock Price Target
$35.00
High Stock Price Target
$35.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+41.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-8,340,000.00
Pretax Margin
-0.67%

Debt

Sales & Book Value

Annual Sales
$971.95 million
Cash Flow
$1.02 per share
Book Value
$11.84 per share

Miscellaneous

Free Float
16,535,000
Market Cap
$439.48 million
Optionable
Optionable
Beta
0.59

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This page (NASDAQ:CVGW) was last updated on 1/21/2025 by MarketBeat.com Staff
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