Calavo Growers, Inc. (CVGW)

NASDAQ: CVGW · Real-Time Price · USD
25.22
-0.43 (-1.68%)
Dec 23, 2024, 2:22 PM EST - Market open
-1.68%
Market Cap 448.96M
Revenue (ttm) 1.01B
Net Income (ttm) -8.84M
Shares Out 17.80M
EPS (ttm) -0.50
PE Ratio n/a
Forward PE 15.37
Dividend $0.50 (1.98%)
Ex-Dividend Date Oct 2, 2024
Volume 55,507
Open 25.55
Previous Close 25.65
Day's Range 25.09 - 25.75
52-Week Range 20.30 - 31.26
Beta 0.58
Analysts Hold
Price Target 32.00 (+26.88%)
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]

Founded 1924
Employees 3,064
Stock Exchange NASDAQ
Ticker Symbol CVGW
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for CVGW stock is "Hold" and the 12-month stock price forecast is $32.0.

Price Target
$32.0
(26.88% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Calavo Growers Announces Release Date for Fourth Quarter and Full-Year 2024 Financial Results

SANTA PAULA, Calif., Dec. 16, 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...

6 days ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire

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 ...

7 months ago - GlobeNewsWire

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.

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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.

8 months ago - GlobeNewsWire

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...

9 months ago - Seeking Alpha

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...

9 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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.

10 months ago - GlobeNewsWire

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...

10 months ago - Business Wire

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...

11 months ago - Business Wire

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...

11 months ago - Business Wire

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 ...

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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.

Other symbols: PLAGSPBUPXIXXII
1 year ago - Benzinga

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha