Mission Produce, Inc. (AVO)

NASDAQ: AVO · Real-Time Price · USD
12.99
-0.13 (-0.99%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.99%
Market Cap 921.13M
Revenue (ttm) 1.14B
Net Income (ttm) 23.40M
Shares Out 70.91M
EPS (ttm) 0.33
PE Ratio 39.36
Forward PE 32.48
Dividend n/a
Ex-Dividend Date n/a
Volume 129,466
Open 13.06
Previous Close 13.12
Day's Range 12.96 - 13.11
52-Week Range 8.19 - 14.17
Beta 0.50
Analysts Strong Buy
Price Target 14.33 (+10.32%)
Earnings Date Dec 19, 2024

About 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 tr... [Read more]

IPO Date Oct 1, 2020
Employees 3,300
Stock Exchange NASDAQ
Ticker Symbol AVO
Full Company Profile

Financial Performance

In 2023, Mission Produce's revenue was $953.90 million, a decrease of -8.80% compared to the previous year's $1.05 billion. Losses were -$2.80 million, -91.91% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for AVO stock is "Strong Buy." The 12-month stock price forecast is $14.33, which is an increase of 10.32% from the latest price.

Price Target
$14.33
(10.32% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Mission Produce to Participate in the Stephens Annual Investment Conference

OXNARD, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (NASDAQ: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with add...

8 days ago - GlobeNewsWire

Mission Produce® Implements Policy Addressing Illegal Deforestation

OXNARD, Calif., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (NASDAQ: AVO) (“Mission” or “the Company”) a world leader in sourcing, producing, and distributing fresh Hass avocados, today an...

12 days ago - GlobeNewsWire

Mission Produce™ Provides Business Update for the Fiscal 2024 Fourth Quarter

Year-to-date momentum continues – Company providing an update on fourth quarter results, driven primarily by strong performance in the Marketing & Distribution segment Year-to-date momentum continues ...

15 days ago - GlobeNewsWire

Mission Produce: Ripe For Growth But Too Pricey To Pick

Mission Produce shows strong financials with Q3 2024 revenue at $324 million and EPS at $0.23, but faces high P/E ratio and negative earnings growth. The company excels in global expansion and ripenin...

2 months ago - Seeking Alpha

Mission Produce, Inc. (AVO) Q3 2024 Earnings Call Transcript

Mission Produce, Inc. (NASDAQ:AVO) Q3 2024 Earnings Conference Call September 9, 2024 5:30 PM ET Company Participants Jeff Sonnek - Investor Relations, ICR Stephen Barnard - Chief Executive Officer B...

2 months ago - Seeking Alpha

Mission Produce stock jumps 16% as avocado producer's revenue surges

Shares of Mission Produce gained after the company posted higher revenue and profit in its fiscal third quarter.

2 months ago - Market Watch

Mission Produce™ Announces Fiscal 2024 Third Quarter Financial Results

Year-to-date momentum continues with ongoing strength of the Marketing & Distribution segment Operating cash flow for the first nine months of fiscal 2024 increased by $62.7 million versus the prior y...

2 months ago - GlobeNewsWire

Mission Produce, Inc. (AVO) Q2 2024 Earnings Call Transcript

Mission Produce, Inc. (NASDAQ:AVO) Q2 2024 Earnings Conference Call June 6, 2024 5:30 PM ET Company Participants Jeff Sonnek - IR, ICR Stephen Barnard - CEO Bryan Giles - CFO Conference Call Particip...

5 months ago - Seeking Alpha

These Stocks Are Moving the Most Today: GameStop, AMC, Mission Produce, DocuSign, and More

Market attention is firmly fixed on today's release of jobs data, which could be key to the Federal Reserve's rate-cutting path.

Other symbols: AMCDOCUGME
5 months ago - Barrons

Rising avocado prices boost Mission Produce's stock

Mission Produce Inc. rode higher avocado prices to swing to a surprise profit and posted better-than-expected quarterly revenue late Thursday.

5 months ago - Market Watch

Mission Produce™ Announces Fiscal 2024 Second Quarter Financial Results

Achieves record second quarter results driven by higher price and volume in the Marketing & Distribution segment Achieves record second quarter results driven by higher price and volume in the Marketi...

5 months ago - GlobeNewsWire

Mission Produce™ to Release Fiscal Second Quarter 2024 Financial Results on Thursday, June 6, 2024

OXNARD, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with addi...

6 months ago - GlobeNewsWire

Mission Produce shares rise nearly 6% as avocado prices boost results

Shares of Mission Produce AVO, -2.82% rose after the company's results were boosted by higher prices for avocados.

9 months ago - Market Watch

Mission Produce, Inc. (AVO) Q1 2024 Earnings Call Transcript

Mission Produce, Inc. (NASDAQ:AVO) Q1 2024 Results Conference Call March 11, 2024 5:00 PM ET Company Participants Jeff Sonnek - Investor Relations at ICR Steve Barnard - Chief Executive Officer Bryan...

9 months ago - Seeking Alpha

Mission Produce™ Announces Fiscal 2024 First Quarter Financial Results

Company achieves record first quarter results with improved performance across all segments Company achieves record first quarter results with improved performance across all segments

9 months ago - GlobeNewsWire

Mission Produce™ Appoints New President & Chief Operating Officer

OXNARD, Calif., March 07, 2024 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (NASDAQ: AVO) (“Mission” or “the Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados, today ...

9 months ago - GlobeNewsWire

Mission Produce™ to Release Fiscal First Quarter 2024 Financial Results on Monday, March 11, 2024

OXNARD, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with add...

9 months ago - GlobeNewsWire

Mission Produce™ to Participate in the 2024 ICR Conference

OXNARD, Calif., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (NASDAQ: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with add...

11 months ago - GlobeNewsWire

Mission Produce, Inc. (AVO) Q4 2023 Earnings Call Transcript

Mission Produce, Inc. (AVO) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

Mission Produce(TM) Announces Fiscal 2023 Fourth Quarter Financial Results

OXNARD, Calif., Dec. 21, 2023 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with add...

11 months ago - GlobeNewsWire

Mission Produce™ to Release Fiscal Fourth Quarter and Full Year 2023 Financial Results on Thursday, December 21, 2023

OXNARD, Calif., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with add...

1 year ago - GlobeNewsWire

Mission Produce: Not Ripe For A Position

Mission Produce, Inc. has experienced a downturn, posting substantial losses and accumulating debt. The company is a key player in the avocado market, with production capacity in Peru, Mexico, and Cal...

1 year ago - Seeking Alpha

Mission Produce, Inc. (AVO) Q3 2023 Earnings Call Transcript

Mission Produce, Inc. (NASDAQ:AVO) Q3 2023 Earnings Call September 11, 2023 5:00 PM ET Company Participants Jeff Sonnek - Investor Relations at ICR Stephen J. Barnard - Chief Executive Officer Bryan ...

1 year ago - Seeking Alpha

Mission Produce™ Announces Fiscal 2023 Third Quarter Financial Results

23% growth in avocado volume sold compared to same period last year Sequential improvement in Marketing & Distribution segment per-unit margins from fiscal second quarter 2023 Updates expectations for...

1 year ago - GlobeNewsWire

Mission Produce™ to Release Fiscal Third Quarter 2023 Financial Results on Monday, September 11, 2023

OXNARD, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with add...

1 year ago - GlobeNewsWire