Calavo Growers (CVGW) Stock Price, News & Analysis

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Calavo Growers in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CVGW shares.
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2 analysts have issued 12-month price targets for Calavo Growers' shares. Their CVGW share price targets range from $32.00 to $45.00. On average, they predict the company's stock price to reach $38.50 in the next year. This suggests a possible upside of 46.6% from the stock's current price.
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Calavo Growers' stock was trading at $29.41 on January 1st, 2024. Since then, CVGW stock has decreased by 10.7% and is now trading at $26.27.
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Calavo Growers saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 967,100 shares, a decrease of 7.9% from the March 15th total of 1,050,000 shares. Based on an average trading volume of 183,000 shares, the short-interest ratio is presently 5.3 days. Currently, 5.8% of the shares of the company are sold short.
View Calavo Growers' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our CVGW earnings forecast.

Calavo Growers, Inc. (NASDAQ:CVGW) announced its quarterly earnings results on Monday, March, 11th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.17 by $0.18. The firm earned $127.60 million during the quarter, compared to the consensus estimate of $254.25 million. Calavo Growers had a negative net margin of 1.32% and a positive trailing twelve-month return on equity of 0.49%. The firm's revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.08) EPS.

Calavo Growers declared a quarterly dividend on Monday, March 11th. Shareholders of record on Monday, April 1st will be given a dividend of $0.10 per share on Monday, April 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date of this dividend is Thursday, March 28th.
Read our dividend analysis for CVGW.

Calavo Growers (NASDAQ:CVGW) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.59%.
Read our dividend analysis for CVGW.

ETFs with the largest weight of Calavo Growers (NASDAQ:CVGW) stock in their portfolio include Invesco S&P SmallCap Consumer Staples ETF (PSCC).IQ Chaikin U.S. Small Cap ETF (CSML).

7 employees have rated Calavo Growers Chief Executive Officer Lee Cole on Glassdoor.com. Lee Cole has an approval rating of 100% among the company's employees. This puts Lee Cole in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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).

Calavo Growers' stock is owned by many different retail and institutional investors. Top institutional investors include Hodges Capital Management Inc. (0.51%) and Kingswood Wealth Advisors LLC (0.09%). Insiders that own company stock include James D Helin, Lecil E Cole, Michael A Browne and Steve Hollister.
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.
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