Mission Produce, Inc. (AVO)
Market Cap | 843.43M |
Revenue (ttm) | 999.10M |
Net Income (ttm) | 6.00M |
Shares Out | 70.85M |
EPS (ttm) | 0.08 |
PE Ratio | 148.38 |
Forward PE | 47.97 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 218,747 |
Open | 11.78 |
Previous Close | 11.73 |
Day's Range | 11.76 - 12.03 |
52-Week Range | 8.19 - 13.99 |
Beta | 0.48 |
Analysts | Buy |
Price Target | 11.50 (-3.12%) |
Earnings Date | Mar 11, 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]
Financial Performance
In 2023, AVO'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 StatementsAnalyst Forecast
According to 3 analysts, the average rating for AVO stock is "Buy." The 12-month stock price forecast is $11.5, which is a decrease of -3.12% from the latest price.
News
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.
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
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 ...
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...
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...
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...
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...
Mission Produce to Participate in the Stephens Annual Investment Conference
OXNARD, Calif., Nov. 08, 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...
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...
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...
Mission Produce™ Appoints Tony Sarsam to Board of Directors
OXNARD, Calif., Aug. 03, 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...
Lower avocado prices are leading to more purchases, Mission Produce says, but less revenue
Shares of Mission Produce Inc. jumped after hours on Thursday after the avocado grower reported fiscal second-quarter results that beat estimates, after lower avocado prices led to more product sold b...
Mission Produce™ Announces Fiscal 2023 Second Quarter Financial Results
19% growth in avocado volume sold compared to same period last year Year over year market share gains amongst core US retail customer base Sequential improvement in per-unit margins from fiscal first ...
Mission Produce™ Announces 2023 Investor Day & Facilities Tour
OXNARD, Calif., May 30, 2023 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (NASDAQ: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with addi...
Mission Produce™ to Release Fiscal Second Quarter 2023 Financial Results on Thursday, June 8, 2023
OXNARD, Calif., May 25, 2023 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with addi...
Mission Produce stock falls 13% on wider quarterly miss, revenue drop
Mission Produce Inc. AVO, -2.72% stock dropped more than 13% in the extended session Thursday after the avocado producer reported a wider-than-expected quarterly miss and said that its avocados and ot...
Top 5 Consumer Staples Stocks That Could Lead To Your Biggest Gains In March - Mission Produce (NASDAQ:AVO), Whole Earth Brands (NASDAQ:FREE)
The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
Mission Produce™ to Release Fiscal First Quarter 2023 Financial Results on Thursday, March 9, 2023
OXNARD, Calif., Feb. 23, 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...
Mission Produce™ Establishes Vertical Integration in South Africa, Partners With ZZ2, Cap, and Core Fruit
Mission Produce partners with ZZ2, Criterion Africa Partners, and Core Fruit with plans to develop over 1,000 hectares of avocados for global distribution Mission Produce partners with ZZ2, Criterion ...
Mission Produce™ to Participate in the 2023 ICR Conference
OXNARD, Calif., Jan. 03, 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...
Mission Produce stock plunges after avocado sales drop
Yahoo Finance Live anchors discuss the decline in stock for Mission Produce.
Avocado prices are plunging, and taking Mission Produce stock along for the ride
Mission Produce Inc. shares plunged in after-hours trading Thursday following an earnings report that showed the effects of rapidly declining avocado prices.
Mission Produce™ Announces Fiscal 2022 Fourth Quarter Financial Results
OXNARD, Calif., Dec. 22, 2022 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with add...
Mission Produce™ Continues International Expansion, Announces Plans to Open United Kingdom Distribution Center in 2023
Hub in Dartford, England, to Feature Innovative “Mission Control” Ripe Room Technology Hub in Dartford, England, to Feature Innovative “Mission Control” Ripe Room Technology
Borderlands: Mexico's automotive production rises 31% in August
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico's auto production rises 31% in August; Mission Produce and Natur...