Mission Produce, Inc. (AVO)

NASDAQ: AVO · IEX Real-Time Price · USD
13.70
0.32 (2.39%)
May 27, 2022 4:00 PM EDT - Market closed
Market Cap967.65M
Revenue (ttm)935.10M
Net Income (ttm)29.30M
Shares Out70.63M
EPS (ttm)0.41
PE Ratio33.33
Forward PE24.51
Dividendn/a
Ex-Dividend Daten/a
Volume94,934
Open13.48
Previous Close13.38
Day's Range13.43 - 13.80
52-Week Range11.04 - 22.93
Betan/a
AnalystsBuy
Price Target18.62 (+35.9%)
Earnings DateJun 9, 2022

About AVO

Mission Produce, Inc. engages in sourcing, producing, packaging, and distributing avocados in the United States and internationally. The company operates through two segments, Marketing and Distribution, and International Farming. It also provides value-added services, including ripening, bagging, custom packing, and logistical management. The company serves retail, wholesale, and foodservice customers. The company was founded in 1983 and is headquartered in Oxnard, California.

IndustryFarm Products
IPO DateOct 1, 2020
Employees2,800
Stock ExchangeNASDAQ
Ticker SymbolAVO
Full Company Profile

Financial Performance

In 2021, AVO's revenue was $891.70 million, an increase of 3.41% compared to the previous year's $862.30 million. Earnings were $44.90 million, an increase of 55.90%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for AVO stock is "Buy." The 12-month stock price forecast is 18.62, which is an increase of 35.91% from the latest price.

Price Target
$18.62
(35.91% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mission Produce to Release Fiscal Second Quarter 2022 Financial Results on Wednesday, June 8, 2022

OXNARD, Calif., May 25, 2022 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh avocados, today announced...

2 days ago - GlobeNewsWire

Mission Produce Appoints New President & Chief Operating Officer

Timothy Bulow brings a 30-year track record of operational success and international market growth

3 weeks ago - GlobeNewsWire

Mission Produce, Inc. (AVO) Reports Q1 Loss, Lags Revenue Estimates

Mission Produce, Inc. (AVO) delivered earnings and revenue surprises of -383.33% and 5.08%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Earnings Results: Avocado prices jumped 50% in the past year, but Mission Produce stock is still plummeting toward it...

Mission Produce Inc. executives said Thursday that prices for its main product, avocados, jumped by 50% from a year ago, a move that would typically mean booming revenue and profit for the fruit grower.

2 months ago - Market Watch

Mission Produce Announces Fiscal 2022 First Quarter Financial Results

OXNARD, Calif., March 10, 2022 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), the world leader in sourcing, producing, and distributing fresh Hass avocados and man...

2 months ago - GlobeNewsWire

Mission Produce to Release Fiscal First Quarter 2022 Financial Results on Thursday, March 10, 2022

OXNARD, Calif., Feb. 24, 2022 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), the world leader in sourcing, producing, and distributing fresh avocados, today announ...

3 months ago - GlobeNewsWire

8 Stocks To Play The Plant-Based Food Trend

Plant-based products are fast becoming a popular alternative to regular meat and dairy products, with companies such as Tyson Foods TSN and Kellogg K entering the space. Restaurants and grocery stores a...

3 months ago - Benzinga

Mission Produce Launches “It's Your Game Too” Social Media Campaign to Unite Food and Football Fans Alike

Almost 90% of people watch the Big Game at home or at a party, the perfect place for a foodie's dream #Guacuterie board. 1

4 months ago - GlobeNewsWire

New Strong Sell Stocks for December 30th

MSTR, ACA, BAESY, DOOR, and AVO have been added to the Zacks Rank #5 (Strong Sell) List on December 30, 2021.

Other symbols:ACADOORMSTR
4 months ago - Zacks Investment Research

Mission Produce Announces Fiscal 2021 Fourth Quarter Financial Results

Owned avocado production volume increased 38% in fiscal fourth quarter versus prior year

5 months ago - GlobeNewsWire

New Strong Sell Stocks for October 5th

BABA, BBBY, DAN, AVO, and HLF have been added to the Zacks Rank #5 (Strong Sell) List on October 5, 2021.

Other symbols:BABABBBYDANHLF
7 months ago - Zacks Investment Research

Mission Produce Continues National Expansion, Opens Distribution Center in Laredo, Texas

Grand Opening of Distribution Hub Expected to Spur Economic Growth and Development in Southern Texas Community Grand Opening of Distribution Hub Expected to Spur Economic Growth and Development in South...

7 months ago - GlobeNewsWire

5 Agriculture Operations Stocks to Watch Amid Supply-Chain and Cost Woes

Challenging supply-chain conditions and high input costs are expected to mar the Agriculture - Operations industry. However, players like ADM, CTVA, AVO, AGRO and ALCO have placed themselves well with i...

Other symbols:ADMAGROALCOCTVA
7 months ago - Zacks Investment Research

Why Mission Produce Stock Was Down 11% on Tuesday

The avocado giant reduced its outlook due to farming supply challenges.

8 months ago - The Motley Fool

Mission Produce Q3 Earnings Miss Estimate, Cuts FY21 Outlook

Mission Produce Inc (NASDAQ: AVO) reported third-quarter FY21 sales growth of 4% year-on-year, to $246.8 million, marginally beating the analyst consensus of $246.37 million. Avocado volume sold increas...

8 months ago - Benzinga

Mission Produce stock down 5% after mixed quarter, lower guidance for avocado producer

Shares of Mission Produce Inc. fell more than 5% in the extended session Monday after the avocado producer reported a mixed quarter and tweaked lower its sales guidance for fiscal 2021.

8 months ago - Market Watch

Mission Produce Announces Fiscal 2021 Third Quarter Financial Results

International Farming segment revenue increased 22% versus prior year International Farming segment revenue increased 22% versus prior year

8 months ago - GlobeNewsWire

Mission Produce Launches “Summer Fridays” Marketing Campaign With Inspirational Avocado Ideas to Liven Up Your Warm W...

More than 50% of consumers plan to purchase more avocados this summer More than 50% of consumers plan to purchase more avocados this summer

11 months ago - GlobeNewsWire

Mission Produce's Founder, President, & CEO Steve Barnard Selected as an EY Entrepreneur Of The Year® 2021 Greater Lo...

Barnard is named to the 35th class of unstoppable entrepreneurs who transform Greater Los Angeles and beyond Barnard is named to the 35th class of unstoppable entrepreneurs who transform Greater Los Ang...

11 months ago - GlobeNewsWire

Mission Produce Announces Fiscal 2021 Second Quarter Financial Results

OXNARD, Calif., June 10, 2021 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), the world leader in sourcing, producing, and distributing fresh avocados, today report...

11 months ago - GlobeNewsWire

Mission Produce to Release Second Quarter 2021 Financial Results on Thursday, June 10, 2021

OXNARD, Calif., May 27, 2021 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), the global leader in sourcing, producing, and distributing fresh avocados with an addit...

1 year ago - GlobeNewsWire

4 Agriculture Operations Stocks Braving Industry Challenges

4 Agriculture Operations Stocks Braving Industry Challenges

Other symbols:ADMAGROCTVA
1 year ago - Zacks Investment Research

100 Million Americans Expected to Celebrate Cinco de Mayo This Year

70 Million Pounds of Avocados Expected to be Consumed This Week 70 Million Pounds of Avocados Expected to be Consumed This Week

1 year ago - GlobeNewsWire

Mango business looks like the avocado category 30 years ago: Mission Produce CEO

Yahoo Finance's Alexis Christoforous discusses the mango industry in comparison to avocado industry with Steve Barnard, Founder & CEO of Mission Produce.

1 year ago - Yahoo Finance

Mission Produce Releases Inaugural Environmental, Social, and Governance (ESG) Report, Finest for the Future

"Finest for the Future” highlights commitment to farming sustainably, protecting its people, supporting global communities, as well as annual reductions in waste and water usage

1 year ago - GlobeNewsWire