Calavo Growers, Inc (CVGW) Shares Gain 4.26% Over Last Week

Calavo Growers, Inc [CVGW] stock prices are down -0.54% to $24.00 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CVGW shares have gain 4.26% over the last week, with a monthly amount glided 13.15%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

On February 19, 2021, Seaport Global Securities initiated with a Neutral rating. National Securities started tracking the stock assigning a Buy rating and suggested a price target of $85 on October 29, 2020. Stephens downgraded its rating to a Equal-Weight and reduced its price target to $65 on March 02, 2020. In a note dated January 22, 2020, Jefferies initiated an Hold rating.

The stock price of Calavo Growers, Inc [CVGW] has been fluctuating between $20.30 and $36.69 over the past year. Currently, Wall Street analysts expect the stock to reach $31 within the next 12 months. Calavo Growers, Inc [NASDAQ: CVGW] shares were valued at $24.00 at the most recent close of the market. An investor can expect a potential return of 29.17% based on the average CVGW price forecast.

Analyzing the CVGW fundamentals

The Calavo Growers, Inc [NASDAQ:CVGW] reported sales of 813.04M for trailing twelve months, representing a drop of -24.65%. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.02 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.21.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 22.92 points at the first support level, and at 21.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.82, and for the 2nd resistance point, it is at 25.63.

Ratios To Look Out For

It’s worth pointing out that Calavo Growers, Inc [NASDAQ:CVGW]’s Current Ratio is 1.97. As well, the Quick Ratio is 1.57, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 0.53, the price to book ratio is 2.07.

Transactions by insiders

Recent insider trading involved Browne Michael A, Executive Vice President, that happened on Sep 18 ’23 when 800.0 shares were purchased. Executive Vice President, Browne Michael A completed a deal on Sep 18 ’23 to buy 400.0 shares.

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