Shares of Calavo Growers have moved 5.0% today, and are now trading at a price of $28.25. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 34,614 compared to the stock's average volume of 168,723.
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. Based in Santa Paula, United States the company has 3,266 full time employees and a market cap of $501,231,264. Calavo Growers currently offers its equity investors a dividend that yields 2.1% per year.
The company is now trading -21.53% away from its average analyst target price of $36.0 per share. The 4 analysts following the stock have set target prices ranging from $35.0 to $38.0, and on average give Calavo Growers a rating of hold.
Over the last year, CVGW shares have gone down by -26.2%. The stock's 52 week high is $45.5 per share and its 52 week low is $22.64. With its gross margins declining an average -10.7% over the last four years, Calavo Growers may not have a strong enough business to reverse this trend.
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-10-31 | 1,191,073 | 1,117,228 | 6.2 | 13.97 |
| 2021-10-31 | 1,055,830 | 998,405 | 5.44 | -35.92 |
| 2020-10-31 | 1,059,371 | 969,473 | 8.49 | -20.73 |
| 2019-10-31 | 1,195,777 | 1,067,695 | 10.71 | n/a |
