Mission Produce, Inc. (AVO)

NASDAQ: AVO · IEX Real-Time Price · USD
9.92
0.00 (0.00%)
Jun 24, 2024, 4:00 PM EDT - Market closed
0.00%
Market Cap 703.42M
Revenue (ttm) 1.08B
Net Income (ttm) 17.60M
Shares Out 70.91M
EPS (ttm) 0.25
PE Ratio 39.68
Forward PE 491.09
Dividend n/a
Ex-Dividend Date n/a
Volume 199,304
Open 9.95
Previous Close 9.92
Day's Range 9.88 - 10.11
52-Week Range 8.19 - 13.00
Beta 0.52
Analysts Strong Buy
Price Target 12.38 (+24.8%)
Earnings Date Jun 6, 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, 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 Statements

Analyst Forecast

According to 4 analysts, the average rating for AVO stock is "Strong Buy." The 12-month stock price forecast is $12.38, which is an increase of 24.80% from the latest price.

Price Target
$12.38
(24.80% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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
17 days 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.

18 days 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...

18 days 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...

4 weeks 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.

3 months ago - Market Watch

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

3 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 ...

3 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...

4 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...

6 months ago - GlobeNewsWire

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...

6 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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

10 months 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...

10 months ago - GlobeNewsWire

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...

11 months ago - GlobeNewsWire

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...

1 year ago - Market Watch

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Market Watch

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.

Other symbols: FREEHRLUNFIVERU
1 year ago - Benzinga

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...

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

Mission Produce stock plunges after avocado sales drop

Yahoo Finance Live anchors discuss the decline in stock for Mission Produce.

1 year ago - Yahoo Finance