Calavo Growers, Inc. (CVGW)

NASDAQ: CVGW · IEX Real-Time Price · USD
31.75
-0.48 (-1.49%)
Sep 30, 2022 4:00 PM EDT - Market closed
-1.49%
Market Cap 562.98M
Revenue (ttm) 1.22B
Net Income (ttm) -15.89M
Shares Out 17.73M
EPS (ttm) -1.71
PE Ratio n/a
Forward PE 16.31
Dividend $1.15 (3.62%)
Ex-Dividend Date n/a
Volume 90,486
Open 32.03
Previous Close 32.23
Day's Range 31.67 - 33.05
52-Week Range 28.76 - 45.50
Beta 0.50
Analysts Buy
Price Target 42.50 (+33.9%)
Earnings Date Sep 1, 2022

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 in three segments: Fresh Products, Calavo Foods, and Renaissance Food Group (RFG). The Fresh products segment distributes avocados and other fresh produce products comprising tomatoes and papayas; and procures avocados grown in California, Mexico, Peru, and Colombia. The Calavo Foods segment is involved ... [Read more...]

Industry Food Products
Founded 1924
Employees 3,676
Stock Exchange NASDAQ
Ticker Symbol CVGW
Full Company Profile

Financial Performance

In 2021, Calavo Growers's revenue was $1.06 billion, a decrease of -0.33% compared to the previous year's $1.06 billion. Losses were -$11.82 million, -13.26% less than in 2020.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CVGW stock is "Buy." The 12-month stock price forecast is 42.5, which is an increase of 33.86% from the latest price.

Price Target
$42.5
(33.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Calavo Growers Stock Was Sliding Today

The avocado grower's fiscal third-quarter profits disappointed investors.

4 weeks ago - The Motley Fool

Calavo Growers (CVGW) Lags Q3 Earnings Estimates

Calavo (CVGW) delivered earnings and revenue surprises of -55.56% and 5.63%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Calavo Growers, Inc. Announces Third Quarter 2022 Financial Results

Prepared segment delivers continued, sequential quarterly improvement Prepared segment delivers continued, sequential quarterly improvement

1 month ago - GlobeNewsWire

Calavo Growers (CVGW) Reports Next Week: Wall Street Expects Earnings Growth

Calavo (CVGW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Here's Why Brown-Forman's (BF.B) Q1 Earnings Will Likely Beat

Brown-Forman's (BF.B) Q1 results are likely to reflect gains from strong consumer demand, robust brand portfolio and growth across markets, offset by higher advertising expenses.

Other symbols: CPBGIS
1 month ago - Zacks Investment Research

Calavo Growers Announces Jalisco Facility Open for Exports to US

SANTA PAULA, Calif., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of value-added fresh food, announced official certification and ...

1 month ago - GlobeNewsWire

Calavo Growers to Report Third Quarter Financial Results

SANTA PAULA, Calif., Aug. 08, 2022 (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 fin...

1 month ago - GlobeNewsWire

The 5 Best Small-Cap Dividend Stocks

Small-cap stocks that pay dividends can range from high-yield value stocks to faster-growing small-cap stocks. Here are five stocks that have growth potential and relative stability.

Other symbols: BGSPETSSWBI
2 months ago - The Motley Fool

Calavo Growers, Inc. Names Danny Dumas to Lead Grown Segment

Robert Wedin to Retire Following Outstanding Career in Avocado Industry Robert Wedin to Retire Following Outstanding Career in Avocado Industry

3 months ago - GlobeNewsWire

5 Stocks to Watch on Robust Agriculture Operations Industry Trends

The Agriculture - Operations industry shows potential on solid demand trends, organic product growth and innovation ability. Players like ADM, CTVA, YTEN, AGRO and CVGW have placed themselves well.

Other symbols: ADMAGROCTVAYTEN
3 months ago - Zacks Investment Research

Calavo Growers, Inc. Names Shawn Munsell CFO

SANTA PAULA, Calif., June 09, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announced that Shawn Munsell...

3 months ago - GlobeNewsWire

Calavo Growers (CVGW) Q2 Earnings and Revenues Surpass Estimates

Calavo (CVGW) delivered earnings and revenue surprises of 37.50% and 6.17%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Calavo Growers, Inc. Announces Second Quarter 2022 Financial Results

SANTA PAULA, Calif., June 02, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial resul...

3 months ago - GlobeNewsWire

Calavo Growers to Report Second Quarter Financial Results

SANTA PAULA, Calif., May 13, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release f...

4 months ago - GlobeNewsWire

Calavo Growers, Inc. Announces Departure of Chief Financial Officer

SANTA PAULA, Calif., May 03, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (“Calavo”) (“Company”) (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today announ...

4 months ago - GlobeNewsWire

Calavo Growers, Inc. Announces Virtual Access for its 2022 Annual Meeting of Shareholders

SANTA PAULA, Calif., April 14, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (“Calavo”) (“Company”) (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today remi...

5 months ago - GlobeNewsWire

Calavo Growers, Inc. Announces Business Reorganization

SANTA PAULA, Calif., April 13, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW) (“Calavo” or the “Company”), a global avocado-industry leader and provider of value-added fresh food, today...

5 months ago - GlobeNewsWire

Calavo Growers (CVGW) Reports Q1 Loss, Tops Revenue Estimates

Calavo (CVGW) delivered earnings and revenue surprises of 0% and 9.60%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Calavo Growers, Inc. Announces First Quarter 2022 Financial Results

SANTA PAULA, Calif., March 14, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial resu...

6 months ago - GlobeNewsWire

Calavo (CVGW) Loses 16.2% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Calavo (CVGW) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earn...

6 months ago - Zacks Investment Research

Calavo Growers Announces Revised Date for First Quarter Financial Results

SANTA PAULA, Calif., March 08, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced its first quarter 20...

6 months ago - GlobeNewsWire

Calavo Growers to Report First Quarter Financial Results

SANTA PAULA, Calif., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global leader in the avocado and value-added fresh food industries, today announced that it will release ...

7 months ago - GlobeNewsWire

5 Stocks to Watch in a Prospering Agriculture Operations Industry

The Agriculture - Operations industry looks well-placed for growth, driven by the solid demand for healthy and organic products amid challenging supply-chain conditions and high input costs. Players lik...

Other symbols: ADMAGROALCOCTVA
7 months ago - Zacks Investment Research

8 Stocks To Play The Plant-Based Food Trend

Plant-based products are fast becoming a popular alternative to regular meat and dairy products, with companies such as Tyson Foods TSN and Kellogg K entering the space. Restaurants and grocery stores a...

7 months ago - Benzinga

Investment Opportunity Breakdown: Plant-Based Food Stocks

Plant-based food stocks should see great success in the years ahead as the adoption of vegetarian lifestyles increases globally. The post Investment Opportunity Breakdown: Plant-Based Food Stocks appear...

Other symbols: BYNDOTLYTSN
8 months ago - InvestorPlace