NASDAQ:AVO

Mission Produce (AVO) Stock Price, News & Analysis

$11.91
+0.09 (+0.76%)
(As of 05/7/2024 ET)
Today's Range
$11.70
$11.92
50-Day Range
$10.49
$12.07
52-Week Range
$8.19
$13.99
Volume
183,111 shs
Average Volume
179,934 shs
Market Capitalization
$843.82 million
P/E Ratio
148.88
Dividend Yield
N/A
Price Target
$11.50

Mission Produce MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
3.4% Downside
$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
N/A
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.

2.63 out of 5 stars

Consumer Staples Sector

88th out of 134 stocks

Agricultural Services Industry

2nd 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

“Crash Insurance” For Your Retirement
When it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio.
3 Vegan Stocks to Buy Now: Q2 Edition
“Crash Insurance” For Your Retirement
When it comes to retirement, everyone fears one thing… Outliving their retirement savings. You'll discover conservative, beginner-friendly options strategies which could help to cash flow your stock portfolio.
ELF, GOTU among consumer staples movers
Mission Produce Suffers Post-Earnings Dip
Q1 2024 Mission Produce Inc Earnings Call
Recap: Mission Produce Q1 Earnings
See More Headlines
Receive AVO Stock News and Ratings via Email

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

Company Calendar

Last Earnings
3/11/2024
Today
5/07/2024
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
-3.4%
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
$843.82 million
Optionable
Not Optionable
Beta
0.50
10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report

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 Wall Street analysts 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 anticipate the company's share price to reach $11.50 in the next year. This suggests that the stock has a possible downside of 3.4%.
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 start of the year. Since then, AVO stock has increased by 18.0% and is now trading at $11.91.
View the best growth stocks for 2024 here
.

Are investors shorting Mission Produce?

Mission Produce saw a increase in short interest in the month of 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 trading volume, of 183,100 shares, the days-to-cover ratio is presently 6.9 days. Approximately 2.9% of the company's shares 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) issued its earnings results on Monday, March, 11th. The company reported $0.08 earnings per share for the quarter, topping analysts' consensus estimates of ($0.08) by $0.16. The firm had revenue of $258.70 million for the quarter, compared to analysts' expectations of $188.40 million. Mission Produce had a trailing twelve-month return on equity of 3.98% and a net margin of 0.60%.

What ETF holds Mission Produce's stock?

VegTech Plant-based Innovation & Climate ETF holds 23,115 shares of AVO stock, representing 4.80% 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 $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 institutional and retail investors. Top institutional investors include Nuance Investments LLC (5.61%), Carmel Capital Management L.L.C. (0.11%), Canvas Wealth Advisors LLC (0.04%), Mirae Asset Global Investments Co. Ltd. (0.02%), SG Americas Securities LLC (0.02%) and Sanders Morris Harris LLC (0.01%). 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 5/8/2024 by MarketBeat.com Staff

From Our Partners