Calavo Growers, Inc. (CVGW)
Market Cap | 483.67M |
Revenue (ttm) | 1.01B |
Net Income (ttm) | -8.84M |
Shares Out | 17.80M |
EPS (ttm) | -0.50 |
PE Ratio | n/a |
Forward PE | 16.55 |
Dividend | $0.50 (1.85%) |
Ex-Dividend Date | Oct 2, 2024 |
Volume | 147,323 |
Open | 27.30 |
Previous Close | 27.15 |
Day's Range | 26.86 - 27.56 |
52-Week Range | 20.30 - 31.26 |
Beta | 0.57 |
Analysts | Hold |
Price Target | 32.00 (+17.78%) |
Earnings Date | Jan 14, 2025 |
About CVGW
Calavo Growers, Inc. markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery and foodservice customers, club stores, mass merchandisers, food distributors, and wholesale customers worldwide. It operates through Grown and Prepared segments. The Grown segment distributes tomatoes and papayas; and procures avocados grown in California, Mexico, Peru, and Colombia. The Prepared segment is involved in the distribution of prepared avocado products, salsa, fresh-cut fruit and vegetables, fresh prepared entrees ... [Read more]
Financial Performance
In 2023, Calavo Growers's revenue was $971.95 million, a decrease of -18.40% compared to the previous year's $1.19 billion. Losses were -$8.34 million, 33.5% more than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for CVGW stock is "Hold" and the 12-month stock price forecast is $32.0.
News
Calavo Growers, Inc. Announces CFO Change in Leadership
SANTA PAULA, Calif., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the processing and distribution of avocados, tomatoes, papayas, and guacamole, today a...
Calavo Growers, Inc. Announces Third Quarter 2024 Financial Results, Dividend Increase
SANTA PAULA, Calif., Sept. 09, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the processing and distribution of avocados, tomatoes, papayas, and guacamole, today ...
Calavo Growers to Report Third Quarter Financial Results
SANTA PAULA, Calif., Aug. 26, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado industry, today announced that it will release financial results for the f...
Calavo Growers, Inc. Announces Second Quarter 2024 Financial Results
SANTA PAULA, Calif., June 10, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado industry leader and provider of convenient, ready-to-eat fresh food, today reported its ...
Calavo Growers Appoints John Lindeman to Board of Directors
SANTA PAULA, Calif., June 04, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced the appointment of ...
Calavo Growers to Report Second Quarter Financial Results
Calavo Growers (Nasdaq: CVGW) will release financial results for the fiscal second quarter ended April 30, 2024, after the market closes on Mon., June 10.
Calavo Growers, Inc. Provides Update to Shareholders
SANTA PAULA, Calif., April 25, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW) (“Calavo” or the “Company”), a global avocado industry leader and provider of convenient, ready-to-eat fresh...
Calavo Growers, Inc. to Provide General Business Update at 2024 Annual Meeting of Shareholders
Calavo Growers (Nasdaq: CVGW) announced it will provide a general business update following the formal business of the 2024 annual shareholder meeting.
Calavo Growers: I'm Buying Into The Turnaround Potential Of This Once High-Flyer
Calavo Growers, Inc. is a California-based producer of avocados and other fresh foods, with a history of high stock prices. Recent financial results show a decrease in revenues and a net loss, but the...
Calavo Growers, Inc. Announces Virtual Access for its 2024 Annual Meeting of Shareholders
SANTA PAULA, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW) (“Calavo” or the “Company”), a global avocado-industry leader and provider of convenient, ready-to-eat fresh...
Calavo Growers, Inc. Announces First Quarter 2024 Financial Results
SANTA PAULA, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado industry leader and provider of convenient, ready-to-eat fresh food, today reported its...
Calavo Growers to Report First Quarter Financial Results
Calavo Growers (Nasdaq: CVGW) will release financial results for the fiscal first quarter ended Jan. 31, 2024, after the market closes Monday, March 11.
Calavo Growers, Inc. (CVGW) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings
NEW YORK--(BUSINESS WIRE)---- $CVGW #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Calavo Growers, Inc. (“Calavo” o...
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Calavo Growers, Inc. (CVGW) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Calavo Growers, I...
The Law Offices of Frank R. Cruz Announces Investigation of Calavo Growers, Inc. (CVGW) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Calavo Growers, Inc. (“Calavo” or the “Company”) (NASDAQ: CVGW) on behalf of investors concerning the Compa...
Calavo Growers, Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results
SANTA PAULA, Calif., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reported its ...
Calavo Growers Evaluating Potential Sale of Its Fresh Cut Business (formerly “RFG”); Declares Quarterly Dividend
SANTA PAULA, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today announced that i...
Calavo Growers Delays Release of its Fourth Quarter and Fiscal Year 2023 Financial Results
SANTA PAULA, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), today announced that it will file a Form 12b-25, Notification of Late Filing, with the U.S. Securities and E...
Calavo Announces Earnings Release Date for Fourth Quarter and Fiscal Year End Results
SANTA PAULA, Calif., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release f...
Top 5 Risk Off Stocks Which Could Rescue Your Portfolio This Month - Planet Green Holdings (AMEX:PLAG), Calavo Growers (NASDAQ:CVGW)
The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.
Calavo Growers: Investors Should Not Panic
Calavo Growers recently posted Q3 FY23 results, with a decline in net sales but an increase in gross profit and income. The stock price dropped over 14% on Friday, presenting a buying opportunity as i...
Calavo Growers: Restarting Turnaround From Scratch
Calavo reappointed a former CEO to restart a multi-year turnaround process, signaling a focus on improving the avocado business. Q3/F23 showed improved gross margins in the avocado business, but susta...
Calavo Growers, Inc. Announces Third Quarter 2023 Financial Results
SANTA PAULA, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reported its...
Calavo Growers: Risky, But Undervalued Thanks To Avocado Market And Reorganization
Calavo Growers, a company dedicated to the packaging and sale of agricultural products, mainly avocado and papaya, may grow due to the international growth of the avocado market and further investment...
Calavo Growers, Inc. Announces Second Quarter 2023 Financial Results
SANTA PAULA, Calif., June 06, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today reported its ...