Calavo Growers, Inc (NASDAQ:CVGW)’s traded shares stood at 2.48 million during the last session, with the company’s beta value hitting 0.39. At the close of trading, the stock’s price was $27.68, to imply an increase of 17.39% or $4.1 in intraday trading. The CVGW share’s 52-week high remains $30.02, putting it -8.45% down since that peak but still an impressive 26.66% since price per share fell to its 52-week low of $20.30. The company has a valuation of $493.73M, with an average of 0.77 million shares in intraday trading volume over the past 10 days and average of 271.14K shares over the past 3 months.
Calavo Growers, Inc (NASDAQ:CVGW) trade information
After registering a 17.39% upside in the last session, Calavo Growers, Inc (CVGW) has traded red over the past five days. The 5-day price performance for the stock is 4.02%, and 6.34% over 30 days. With these gigs, the year-to-date price performance is 8.55%. Short interest in Calavo Growers, Inc (NASDAQ:CVGW) saw shorts transact 0.5 million shares and set a 2.41 days time to cover.
The extremes give us $31 and $31 for target low and target high price respectively. As such, CVGW has been trading -11.99% off suggested target high and -11.99% from its likely low.
Calavo Growers, Inc (CVGW) estimates and forecasts
The rating firms project that company’s revenue will grow 6.77% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 195.2M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 172.17M.Earnings reports from the last fiscal year show that sales brought in 179.6M and 169.96M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 8.69% before jumping 1.30% in the following quarter.
CVGW Dividends
Calavo Growers, Inc has its next earnings report out on 2025-Jun-08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Calavo Growers, Inc has a forward dividend ratio of 0.70, with the share yield ticking at 2.53% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.02%.
Calavo Growers, Inc (NASDAQ:CVGW)’s Major holders
Calavo Growers, Inc insiders hold 6.59% of total outstanding shares, with institutional holders owning 73.67% of the shares at 78.88% float percentage. In total, 73.67% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 2.7 million shares (or 15.1509% of shares), all amounting to roughly $61.22 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 1.38 million shares, or about 7.7322% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $31.24 million.
We also have Managed Portfolio Series-Nuance Mid Cap Value Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Calavo Growers, Inc (CVGW) shares. Going by data provided on Jan 31, 2025 , Managed Portfolio Series-Nuance Mid Cap Value Fund holds roughly 754.91 shares. This is just over 4.23% of the total shares, with a market valuation of $20.9 million. Data from the same date shows that the other fund manager holds a little less at 532.75, or 2.99% of the shares, all valued at about 14.75 million.
