Mission Produce Inc (AVO) Shares Gain 9.80% Over Last Week

Mission Produce Inc [AVO] stock prices are up 17.29% to $14.45 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AVO shares have gain 9.80% over the last week, with a monthly amount glided 11.24%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Mission Produce Inc [NASDAQ: AVO] stock has seen the most recent analyst activity on May 17, 2024, when Lake Street initiated its Buy rating and assigned the stock a price target of $15. Previously, Citigroup upgraded its rating to Buy on April 07, 2022, and dropped its price target to $18. On March 23, 2021, downgrade downgraded it’s rating to Neutral and revised its price target to $22 on the stock. JP Morgan downgraded its rating to a Neutral and increased its price target to $22 on March 11, 2021. BofA Securities initiated its recommendation with a Buy and recommended $17 as its price target on October 27, 2020. Stephens started tracking with a Overweight rating for this stock on October 26, 2020, and assigned it a price target of $18. In a note dated October 26, 2020, JP Morgan initiated an Overweight rating and provided a target price of $18 on this stock.

The stock price of Mission Produce Inc [AVO] has been fluctuating between $9.20 and $14.17 over the past year. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Mission Produce Inc [NASDAQ: AVO] shares were valued at $14.45 at the most recent close of the market. An investor can expect a potential return of 31.49% based on the average AVO price forecast.

Analyzing the AVO fundamentals

The Mission Produce Inc [NASDAQ:AVO] reported sales of 1.23B for trailing twelve months, representing a surge of 37.42%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.

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 13.71 points at the first support level, and at 12.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.22, and for the 2nd resistance point, it is at 15.99.

Ratios To Look Out For

It’s worth pointing out that Mission Produce Inc [NASDAQ:AVO]’s Current Ratio is 1.87. Further, the Quick Ratio stands at 1.26, while the Cash Ratio is 0.39. Considering the valuation of this stock, the price to sales ratio is 0.97, the price to book ratio is 1.87 and price to earnings (TTM) ratio is 27.97.

Transactions by insiders

Recent insider trading involved Pack Jay A, Director, that happened on Dec 20 ’24 when 59165.0 shares were purchased. Director, Pack Jay A completed a deal on Nov 07 ’24 to buy 2365.0 shares. Meanwhile, Director Pack Jay A sold 38470.0 shares on Nov 06 ’24.

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