A share price of Mission Produce Inc [AVO] is currently trading at $10.48, up 3.56%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AVO shares have gain 6.83% over the last week, with a monthly amount drifted -15.14%, and not seem to be holding up well over a long-time horizon.
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.
Mission Produce Inc experienced fluctuations in its stock price throughout the past year between $9.54 and $15.25. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Mission Produce Inc [NASDAQ: AVO] shares were valued at $10.48 at the most recent close of the market. An investor can expect a potential return of 81.3% based on the average AVO price forecast.
Analyzing the AVO fundamentals
Trailing Twelve Months sales for Mission Produce Inc [NASDAQ:AVO] were 1.31B which represents 29.18% growth. 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 10.08 points at the first support level, and at 9.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.73, and for the 2nd resistance point, it is at 10.98.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Mission Produce Inc [NASDAQ:AVO] is 1.75. In addition, the Quick Ratio stands at 1.03 and the Cash Ratio stands at 0.24. Considering the valuation of this stock, the price to sales ratio is 0.57, the price to book ratio is 1.35 and price to earnings (TTM) ratio is 18.33.
Transactions by insiders
Recent insider trading involved Malvenia Company Inc., Affiliate, that happened on Mar 20 ’25 when 75153.0 shares were purchased. Pres Central and South America, Wiesner Juan R completed a deal on Mar 20 ’25 to sell 75153.0 shares. Meanwhile, Affiliate Gultas Business Inc. bought 75153.0 shares on Mar 19 ’25.
