Calavo Growers, Inc. (CVGW)

NASDAQ: CVGW · IEX Real-Time Price · USD
28.45
-0.53 (-1.83%)
At close: Feb 20, 2024, 4:00 PM
28.13
-0.32 (-1.12%)
After-hours: Feb 20, 2024, 4:47 PM EST
-1.83%
Market Cap 506.37M
Revenue (ttm) 971.95M
Net Income (ttm) -8.34M
Shares Out 17.80M
EPS (ttm) -0.47
PE Ratio n/a
Forward PE 21.27
Dividend $0.40 (1.41%)
Ex-Dividend Date Jan 25, 2024
Volume 114,937
Open 28.63
Previous Close 28.98
Day's Range 28.28 - 29.25
52-Week Range 21.42 - 38.97
Beta 0.63
Analysts Buy
Price Target 38.50 (+35.33%)
Earnings Date Mar 4, 2024

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 2 analysts, the average rating for CVGW stock is "Buy." The 12-month stock price forecast is $38.5, which is an increase of 35.33% from the latest price.

Price Target
$38.5
(35.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Calavo Growers, Inc. - CVGW

NEW YORK , Feb. 15, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Calavo Growers, Inc. ("Calavo" or the "Company") (NASDAQ: CVGW). Such investors are advised to ...

5 days ago - PRNewsWire

CVGW INVESTOR NOTICE: ROSEN, LEADING INVESTOR COUNSEL, Encourages Calavo Growers, Inc. Investors to Inquire About Securities Class Action Investigation - CVGW

NEW YORK , Feb. 8, 2024 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Calavo Growers, ...

12 days ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Calavo Growers, Inc.

NEW YORK , Feb. 7, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Calavo Growers, Inc. ("Calavo" or the "Company") (NASDAQ: CVGW). Such investors are advised to c...

13 days ago - PRNewsWire

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...

13 days ago - Business Wire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Calavo Growers, Inc. (CVGW) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Calavo Growers, Inc. (“Calavo” or the “Company”) (NASDAQ: CVGW) investors concerning the Company'...

14 days 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...

14 days ago - Business Wire

Kirby McInerney LLP Announces Investigation of Shareholder Claims Against Calavo Growers, Inc. (CVGW)

NEW YORK--(BUSINESS WIRE)---- $CVGW #ClassActionLawsuit--The law firm of Kirby McInerney LLP is investigating potential claims against Calavo Growers, Inc, (“Calavo” or the “Company”) (NASDAQ: CVGW). ...

15 days ago - Business Wire

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Calavo Growers, Inc. Investors to Inquire About Securities Class Action Investigation – CVGW

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Calavo Growers, Inc. (NASDAQ: ...

19 days 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 ...

20 days 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...

5 weeks 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...

5 weeks 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...

2 months 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
3 months ago - Benzinga

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...

5 months ago - GlobeNewsWire

Calavo Growers to Report Third Quarter Financial Results

SANTA PAULA, Calif., Aug. 28, 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...

6 months ago - GlobeNewsWire

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 ...

9 months ago - GlobeNewsWire

Calavo Growers to Report Second Quarter Financial Results

SANTA PAULA, Calif., May 25, 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 fi...

9 months ago - GlobeNewsWire

Calavo Growers, Inc. Announces Virtual Access for its 2023 Annual Meeting of Shareholders

SANTA PAULA, Calif., April 12, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW) (“Calavo” or the “Company”), a global avocado-industry leader and provider of convenient, ready-to-eat fresh...

11 months ago - GlobeNewsWire

GameStop, Kohl's, and Calavo See Big Insider Stock Buys

A GameStop director made the first insider stock purchase this year, while the CEOs of retailer Kohl's and avocado grower Calavo scooped up shares.

Other symbols: GMEKSS
11 months ago - Barrons

Calavo Growers Declares Quarterly Dividend

SANTA PAULA, Calif., March 14, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today announced that ...

1 year ago - GlobeNewsWire

Calavo Growers Board of Directors Appoints Lee E. Cole as President and Chief Executive Officer

SANTA PAULA, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq: CVGW) (“Calavo” or the “Company”), a global avocado-industry leader and provider of convenient, ready-to-eat fresh...

1 year ago - GlobeNewsWire

Calavo Growers, Inc. Announces First Quarter 2023 Financial Results

SANTA PAULA, Calif., March 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 to Report First Quarter Financial Results

SANTA PAULA, Calif., Feb. 22, 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

Calavo Growers, Inc. Announces Fourth Quarter and Fiscal 2022 Financial Results

Delivered fourth quarter and full year earnings improvement, led by Prepared segment recovery Delivered fourth quarter and full year earnings improvement, led by Prepared segment recovery

1 year ago - GlobeNewsWire

Calavo Growers, Inc. announces new ESG strategy and commitments

SANTA PAULA, Calif., Dec. 14, 2022 (GLOBE NEWSWIRE) -- Calavo Growers, Inc.  (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of convenient, ready-to-eat fresh food, today announced it...

1 year ago - GlobeNewsWire