Analyst Ratings for Calavo Growers Inc. (CVGW)

Updated: 2017-07-27

Analysts covering Calavo Growers Inc. (NASDAQ:CVGW) have given it a consensus rating of Buy. Last month, CVGW received an average rating of Buy.

A buy rating was issued by 4 analysts, 0 gave an overweight rating, 0 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Several price targets were given for CVGW by the analysts covering the stock. The most optimistic price target was 85, which equates to a potential upside of 15.88 percent. The lowest price target was 76, implying potential capital losses of 3.61 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.32 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 2.51 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.61 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.4 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.

Analysts estimate earnings of CVGW to grow at a rate of 9.85 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CVGW is 3.24.

CVGW has traded between a high of 76.85 and a low of 48.75 over the past year. Today's price is 50.46 percent above the 52-week low, and below the high by 4.55 percent. CVGW has a P/E ratio of 31.89. Investors typically compare the P/E ratio to a company's peers in the industry. The CVGW value stock report compares CVGW to some of its peers using value stock charts. The market cap of CVGW is $1.29 billion. CVGW's next earnings release will be on 0000-00-00, which is days away.