Mission Produce, Inc. (AVO)
| Market Cap | 1.14B |
| Revenue (ttm) | 862.30M |
| Net Income (ttm) | 28.80M |
| Shares Out | 69.35M |
| EPS (ttm) | 0.45 |
| PE Ratio | 36.00 |
| Forward PE | 18.38 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | January 22 |
| Last Price | $16.20 |
| Previous Close | $16.31 |
| Change ($) | -0.11 |
| Change (%) | -0.67% |
| Day's Open | 16.31 |
| Day's Range | 16.00 - 16.40 |
| Day's Volume | 154,764 |
| 52-Week Range | 12.50 - 16.40 |
Mission Produce beat expectations in its first earnings report after going public in October.
OXNARD, Calif., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), the world leader in sourcing, producing, and distributing fresh avocados, to...
Mission Produce is a solid bet on the rapidly growing and seemingly recession-proof avocado market. Its position as an industry leader in a space with high barriers to entry makes it best posi...
OXNARD, Calif., Dec. 22, 2020 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), the world leader in sourcing, producing, and distributing fresh avocados, to...
Data from Mission Produce Shows Avocados Have Become a Staple in U.S. Diets Data from Mission Produce Shows Avocados Have Become a Staple in U.S. Diets
Perfect for Consumers Looking to Feed the Whole Household Company Continues Investment in Sustainability with More Environmentally Conscious Packaging
OXNARD, Calif., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (“Mission” or the “Company”) (Nasdaq: AVO) today announced Steve Barnard, Founder and Chief Executive Officer, and Bryan...
Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. So insider b...
Mission Produce is the leader in sourcing and distribution of avocados.
People Are Eating More Avocados Says Mission CEO
Mission Produce chief executive officer Stephen Barnard says people are eating more avocados during the pandemic. He appears on "Bloomberg Markets."
Rapidly growing tech companies, including unicorns Palantir and Snowflake, have made splashy stock market debuts in recent weeks. But the less sexy business of food is also taking Wall Street ...
Mission Produce Inc. shares jumped 18.8% after trading began Thursday at 12:15 pm ET. The avocado company priced at $12 on Wednesday, below the price range between $15 to $17.
Mission Produce CEO Steve Barnard on IPO
Avocado producer and distributor Mission Produce is going public on the Nasdaq today. CEO Steve Barnard joins CNBC's "Squawk Alley" to discuss as the company awaits first trade.
The largest producer and distributor of avocados is set to go public Thursday in a busy week of IPOs.
If you were waiting for an avocado IPO, your dreams are becoming reality.
About AVO
Mission Produce is a world leader in sourcing, producing and distributing fresh avocados, serving retail, wholesale and foodservice customers in over 25 countries. We source, produce, pack and distribute avocados to our customers and provide value-added services including ripening, bagging, custom packing and logistical management. In addition, we provide our customers with merchandising and promotional support, insights on market trends and training designed to increase their retail avocado sales. Our operations consist of four packing facilit... [Read more...]
| Industry Farm Products | IPO Date Oct 1, 2020 |
| CEO Stephen J. Barnard | Employees 2,500 |
| Stock Exchange NASDAQ | Ticker Symbol AVO |
Financial Performance
In 2020, AVO's revenue was $862.30 million, a decrease of -2.38% compared to the previous year's $883.30 million. Earnings were $28.80 million, a decrease of -59.83%.
Analyst Forecasts
According to 6 analysts, the average rating for AVO stock is "Strong Buy." The 12-month stock price forecast is 18.80, which is an increase of 16.05% from the latest price.