Company’s 36-month beta value is 0.53.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CVGW is 16.70M, and currently, short sellers hold a 6.24% ratio of that floaft. The average trading volume of CVGW on September 11, 2024 was 236.90K shares.
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CVGW) stock’s latest price update
The stock of Calavo Growers, Inc (NASDAQ: CVGW) has increased by 10.92 when compared to last closing price of 24.00.Despite this, the company has seen a gain of 16.04% in its stock price over the last five trading days. zacks.com reported 2024-09-09 that Calavo Growers (CVGW) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.41 per share a year ago.
CVGW’s Market Performance
Calavo Growers, Inc (CVGW) has seen a 16.04% rise in stock performance for the week, with a 27.00% gain in the past month and a 6.52% surge in the past quarter. The volatility ratio for the week is 6.14%, and the volatility levels for the past 30 days are at 4.14% for CVGW. The simple moving average for the past 20 days is 12.86% for CVGW’s stock, with a 2.13% simple moving average for the past 200 days.
Analysts’ Opinion of CVGW
Many brokerage firms have already submitted their reports for CVGW stocks, with Lake Street repeating the rating for CVGW by listing it as a “Buy.” The predicted price for CVGW in the upcoming period, according to Lake Street is $85 based on the research report published on June 04, 2021 of the previous year 2021.
DA Davidson, on the other hand, stated in their research note that they expect to see CVGW reach a price target of $84. The rating they have provided for CVGW stocks is “Neutral” according to the report published on March 05th, 2021.
CVGW Trading at 15.01% from the 50-Day Moving Average
After a stumble in the market that brought CVGW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.84% of loss for the given period.
Volatility was left at 4.14%, however, over the last 30 days, the volatility rate increased by 6.14%, as shares surge +29.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.27% upper at present.
During the last 5 trading sessions, CVGW rose by +16.04%, which changed the moving average for the period of 200-days by +12.32% in comparison to the 20-day moving average, which settled at $23.89. In addition, Calavo Growers, Inc saw -9.49% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CVGW starting from Browne Michael A, who purchase 800 shares at the price of $28.15 back on Sep 18 ’23. After this action, Browne Michael A now owns 1,500 shares of Calavo Growers, Inc, valued at $22,520 using the latest closing price.
Browne Michael A, the Executive Vice President of Calavo Growers, Inc, purchase 400 shares at $28.14 during a trade that took place back on Sep 18 ’23, which means that Browne Michael A is holding 1,400 shares at $11,256 based on the most recent closing price.
Stock Fundamentals for CVGW
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.09 for the gross margin
The net margin for Calavo Growers, Inc stands at -0.01. The total capital return value is set at 0.05. Equity return is now at value 0.65, with 0.34 for asset returns.
Based on Calavo Growers, Inc (CVGW), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at -0.23. The debt to equity ratio resting at 0.18. The interest coverage ratio of the stock is 6.66.
Currently, EBITDA for the company is 18.63 million with net debt to EBITDA at 2.46. When we switch over and look at the enterprise to sales, we see a ratio of 0.73. The receivables turnover for the company is 13.21for trailing twelve months and the total asset turnover is 1.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.04.
Conclusion
In a nutshell, Calavo Growers, Inc (CVGW) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
