S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
NASDAQ:CVGW

Calavo Growers (CVGW) Stock Price, News & Analysis

$28.41
+1.63 (+6.09%)
(As of 04/19/2024 ET)
Today's Range
$26.64
$28.44
50-Day Range
$24.44
$29.51
52-Week Range
$21.42
$38.97
Volume
212,274 shs
Average Volume
137,773 shs
Market Capitalization
$505.70 million
P/E Ratio
N/A
Dividend Yield
1.41%
Price Target
$38.50

Calavo Growers MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
35.5% Upside
$38.50 Price Target
Short Interest
Healthy
5.78% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.63mentions of Calavo Growers in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
32.69%
From $1.04 to $1.38 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.

3.35 out of 5 stars

Consumer Staples Sector

73rd out of 139 stocks

Agricultural Services Industry

1st out of 3 stocks

CVGW stock logo

About Calavo Growers Stock (NASDAQ:CVGW)

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.

CVGW Stock Price History

CVGW Stock News Headlines

Secret Bull Market Starts in This Unusual Sector
"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.
The 3 Best Vegan Stocks to Buy in April 2024
18 Least Vegetarian Friendly Countries in Asia
CVGW Jul 2024 12.500 call
Secret Bull Market Starts in This Unusual Sector
"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch.
Calavo (NASDAQ:CVGW) Misses Q1 Revenue Estimates
How To Earn $500 A Month From Calavo Growers Ahead Of Q1 Earnings
Calavo Growers to Report First Quarter Financial Results
CVGW Mar 2024 30.000 call
See More Headlines
Receive CVGW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Calavo Growers and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 1/31 Dividend
1/25/2024
Dividend Payable
1/31/2024
Last Earnings
3/11/2024
Ex-Dividend for 4/29 Dividend
3/28/2024
Today
4/19/2024
Dividend Payable
4/29/2024
Next Earnings (Estimated)
6/04/2024
Fiscal Year End
10/31/2024

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
$38.50
High Stock Price Target
$45.00
Low Stock Price Target
$32.00
Potential Upside/Downside
+35.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-8,340,000.00
Pretax Margin
-0.29%

Debt

Sales & Book Value

Annual Sales
$971.95 million
Cash Flow
$1.05 per share
Book Value
$11.84 per share

Miscellaneous

Free Float
16,536,000
Market Cap
$505.70 million
Optionable
Optionable
Beta
0.65

Social Links

20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report

Key Executives

  • Mr. Lecil E. Cole (Age 84)
    CEO & President
    Comp: $74.42k
  • Mr. Shawn C. Munsell (Age 49)
    Chief Financial Officer
    Comp: $465.09k
  • Mr. Ronald Anthony Araiza (Age 64)
    Executive Vice President of Fresh Foods
    Comp: $209.56k
  • Mr. Paul Alan Harrison (Age 46)
    Executive Vice President of RFG Prepared
    Comp: $341.2k
  • Mr. Michael A. Browne (Age 65)
    Executive Vice President of Sales & Operations
    Comp: $547.86k
  • Ms. Lisa Mueller
    Senior Vice President
  • Mr. Scott H. Runge
    Treasurer

CVGW Stock Analysis - Frequently Asked Questions

Should I buy or sell Calavo Growers stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Calavo Growers in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CVGW shares.
View CVGW analyst ratings
or view top-rated stocks.

What is Calavo Growers' stock price target for 2024?

2 Wall Street research analysts have issued 12-month price targets for Calavo Growers' stock. Their CVGW share price targets range from $32.00 to $45.00. On average, they expect the company's stock price to reach $38.50 in the next year. This suggests a possible upside of 35.5% from the stock's current price.
View analysts price targets for CVGW
or view top-rated stocks among Wall Street analysts.

How have CVGW shares performed in 2024?

Calavo Growers' stock was trading at $29.41 at the start of the year. Since then, CVGW shares have decreased by 3.4% and is now trading at $28.41.
View the best growth stocks for 2024 here
.

Are investors shorting Calavo Growers?

Calavo Growers saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 967,100 shares, a drop of 7.9% from the March 15th total of 1,050,000 shares. Based on an average daily trading volume, of 183,000 shares, the short-interest ratio is currently 5.3 days. Currently, 5.8% of the company's shares are sold short.
View Calavo Growers' Short Interest
.

When is Calavo Growers' next earnings date?

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

How were Calavo Growers' earnings last quarter?

Calavo Growers, Inc. (NASDAQ:CVGW) announced its quarterly earnings data on Monday, March, 11th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by $0.18. The company earned $127.60 million during the quarter, compared to analyst estimates 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 company's quarterly revenue was down 3.9% on a year-over-year basis. During the same period last year, the company posted ($0.08) earnings per share.

How often does Calavo Growers pay dividends? What is the dividend yield for Calavo Growers?

Calavo Growers declared a quarterly dividend on Monday, March 11th. Investors 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 yield of 1.41%. The ex-dividend date of this dividend is Thursday, March 28th.
Read our dividend analysis for CVGW
.

Is Calavo Growers a good dividend stock?

Calavo Growers (NASDAQ:CVGW) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.54%.
Read our dividend analysis for CVGW.

What ETF holds Calavo Growers' stock?

Invesco S&P SmallCap Consumer Staples ETF holds 35,975 shares of CVGW stock, representing 1.16% of its portfolio.

What is Lee Cole's approval rating as Calavo Growers' CEO?

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.

What other stocks do shareholders of Calavo Growers own?

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).

Who are Calavo Growers' major shareholders?

Calavo Growers' stock is owned by many different institutional and retail investors. Top institutional investors include Hodges Capital Management Inc. (0.51%), Allspring Global Investments Holdings LLC (0.19%) 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
.

How do I buy shares of Calavo Growers?

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.
Compare Top Brokerages Here.

This page (NASDAQ:CVGW) was last updated on 4/20/2024 by MarketBeat.com Staff

From Our Partners