Roth Capital Forecasts Stronger Earnings for Mission Produce

Mission Produce, Inc. (NASDAQ:AVO) – Roth Capital lifted their FY2025 earnings per share (EPS) estimates for shares of Mission Produce in a note issued to investors on Tuesday, September 9th. Roth Capital analyst G. Sweeney now anticipates that the company will post earnings of $0.59 per share for the year, up from their previous forecast of $0.51. Roth Capital currently has a “Buy” rating and a $17.00 target price on the stock. The consensus estimate for Mission Produce’s current full-year earnings is $0.34 per share. Roth Capital also issued estimates for Mission Produce’s Q4 2025 earnings at $0.17 EPS and FY2026 earnings at $0.40 EPS.

Separately, Zacks Research downgraded Mission Produce from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 26th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $17.00.

Mission Produce Stock Up 3.8%

Shares of AVO opened at $12.19 on Thursday. The business’s 50 day simple moving average is $12.33 and its 200-day simple moving average is $11.37. Mission Produce has a one year low of $9.56 and a one year high of $15.25. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.04 and a quick ratio of 1.23. The company has a market capitalization of $860.86 million, a P/E ratio of 22.57 and a beta of 0.57.

Institutional Trading of Mission Produce

Several hedge funds and other institutional investors have recently modified their holdings of AVO. Price T Rowe Associates Inc. MD grew its holdings in shares of Mission Produce by 19.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,392 shares of the company’s stock valued at $250,000 after acquiring an additional 2,819 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Mission Produce by 12.0% in the 4th quarter. Northern Trust Corp now owns 435,305 shares of the company’s stock valued at $6,255,000 after acquiring an additional 46,748 shares in the last quarter. BNP Paribas Financial Markets bought a new position in shares of Mission Produce in the 4th quarter valued at about $201,000. Bank of America Corp DE grew its holdings in shares of Mission Produce by 1.0% in the 4th quarter. Bank of America Corp DE now owns 102,193 shares of the company’s stock valued at $1,469,000 after acquiring an additional 1,003 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. grew its holdings in shares of Mission Produce by 96.0% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 225,025 shares of the company’s stock valued at $3,234,000 after acquiring an additional 110,198 shares in the last quarter. Institutional investors and hedge funds own 63.57% of the company’s stock.

About Mission Produce

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.