Are Analysts Expecting A Better 2020 For Calavo Growers, Inc (CVGW)?

Calavo Growers, Inc (CVGW) concluded trading on Thursday at a closing price of $26.17, with 0.45 million shares of worth about $11.91 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -6.57% during that period and on April 17, 2025 the price saw a gain of about 6.12%. Currently the company’s common shares owned by public are about 17.84M shares, out of which, 16.75M shares are available for trading.

Stock saw a price change of 15.08% in past 5 days and over the past one month there was a price change of 6.82%. Year-to-date (YTD), CVGW shares are showing a performance of 2.63% which increased to 4.06% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.30 but also hit the highest price of $30.58 during that period. The average intraday trading volume for Calavo Growers, Inc shares is 184.16K. The stock is currently trading 9.37% above its 20-day simple moving average (SMA20), while that difference is up 11.48% for SMA50 and it goes to 4.61% higher than SMA200.

Calavo Growers, Inc (NASDAQ: CVGW) currently have 17.84M outstanding shares and institutions hold larger chunk of about 75.97% of that.

The stock has a current market capitalization of $466.78M and its 3Y-monthly beta is at 0.40. PE ratio of stock for trailing 12 months is 49.66, while it has posted earnings per share of $0.53 in the same period. It has Quick Ratio of 1.53 while making debt-to-equity ratio of 0.12. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CVGW, volatility over the week remained 5.21% while standing at 4.03% over the month.

Stock’s fiscal year EPS is expected to rise by 76.19% while it is estimated to increase by 14.05% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Lake Street on June 04, 2021 offering a Buy rating for the stock and assigned a target price of $85 to it. Coverage by DA Davidson stated Calavo Growers, Inc (CVGW) stock as a Neutral in their note to investors on March 05, 2021, suggesting a price target of $84 for the stock. On February 19, 2021, Seaport Global Securities Initiated their recommendations, while on October 29, 2020, National Securities Initiated their ratings for the stock with a price target of $85. Stock get an Equal-weight rating from Stephens on March 02, 2020.

Most Popular

Related Posts